Covenant Logistics (CVLG) FCF Payout Ratio (2022 - 2026)
Covenant Logistics (CVLG) reported FCF Payout Ratio of 0.06 for Q1 2026, down 23.21% year-over-year from 0.08 in Q1 2025, and up 135.34% on a QoQ basis from 0.17 in Q3 2025.
Covenant Logistics (CVLG) has 5 years of FCF Payout Ratio data on file, last reported at 0.06 in Q1 2026.
- Quarterly FCF Payout Ratio fell 23.21% year-over-year to 0.06 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.49 (down 192.13% YoY) and the FY2025 annual result came in at 0.21, down 9.53% from the prior year.
- FCF Payout Ratio climbed to 0.06 in Q1 2026 per CVLG's latest filing, from 0.17 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.11 in Q3 2022 and bottomed at 1.22 in Q4 2022.
- The 5-year median for FCF Payout Ratio is 0.05 (2024), against an average of 0.12.
- The widest annual swing landed in 2023, when FCF Payout Ratio plunged 579.46%; it then surged 248.6% in 2025.
- Tracing CVLG's FCF Payout Ratio over 5 years: stood at 1.22 in 2022, then jumped by 98.4% to 0.02 in 2023, then tumbled by 629.09% to 0.14 in 2024, then fell by 22.93% to 0.17 in 2025, then jumped by 135.34% to 0.06 in 2026.
- Per Business Quant, the three latest CVLG FCF Payout Ratio figures stand at 0.06 (Q1 2026), 0.17 (Q3 2025), and 0.16 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 0.19 |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | - |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 2.62 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 0.31 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | - |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | -2.19 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.10 |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 0.82 |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.06 |
| Sep 30, 2025 | -0.17 |
| Jun 30, 2025 | -0.16 |
| Mar 31, 2025 | 0.08 |
| Sep 30, 2024 | -0.14 |
| Jun 30, 2024 | -0.05 |
| Mar 31, 2024 | -0.05 |
| Dec 31, 2023 | -0.02 |
| Sep 30, 2023 | -0.12 |
| Jun 30, 2023 | -0.04 |
| Mar 31, 2023 | -0.16 |
| Dec 31, 2022 | -1.22 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.05 |
| Mar 31, 2022 | 0.03 |