Covenant Logistics (CVLG) FCF Payout Ratio (2022 - 2026)
Covenant Logistics (CVLG) posted quarterly FCF Payout Ratio of 0.1 for Q1 2026, up 146.17% year-over-year from 0.04 in Q1 2025, and up 157.11% quarter-over-quarter from 0.17 in Q3 2025.
Covenant Logistics (CVLG) FCF Payout Ratio (2022 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported FCF Payout Ratio for 5 consecutive years, with 0.1 the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Payout Ratio rose 146.17% year-over-year to 0.1; the TTM figure through Mar 2026 stood at 0.35 (down 209.9% YoY), while the FY2025 annual figure was 0.21, down 9.53% from the prior year.
- FCF Payout Ratio advanced to 0.1 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.
- Historically, FCF Payout Ratio has averaged 0.14 across 5 years, with a median of 0.05 in 2024.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio slumped 579.46% — and 2026, when it surged 146.17%.
- Covenant Logistics' FCF Payout Ratio stood at 1.22 in 2022, then jumped by 98.4% to 0.02 in 2023, then slumped by 629.09% to 0.14 in 2024, then slipped by 22.93% to 0.17 in 2025, then jumped by 157.11% to 0.1 in 2026.
- Business Quant data shows CVLG's FCF Payout Ratio at 0.1 in Q1 2026, 0.17 in Q3 2025, and 0.16 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 0.31 |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | - |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | -0.12 |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 0.57 |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 0.30 |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | - |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 0.02 |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 0.15 |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | -0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.04 |
| Mar 31, 2026 | 0.10 |
| Sep 30, 2025 | -0.17 |
| Jun 30, 2025 | -0.16 |
| Mar 31, 2025 | -0.22 |
| 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 |