Covenant Logistics (CVLG) Free Cash Flow (2010 - 2026)
Covenant Logistics (CVLG) reported Free Cash Flow of $28.4 million for Q1 2026, up 23.08% year-over-year from $23.1 million in Q1 2025, and up 191.89% on a QoQ basis from -$30.9 million in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Free Cash Flow data on file, last reported at $28.4 million in Q1 2026.
- Quarterly Free Cash Flow rose 23.08% year-over-year to $28.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$25.6 million (up 58.8% YoY) and the FY2025 annual result came in at -$33.9 million, down 12.81% from the prior year.
- Free Cash Flow climbed to $28.4 million in Q1 2026 per CVLG's latest filing, from -$30.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $30.7 million in Q1 2022 and bottomed at -$73.7 million in Q4 2023.
- The 5-year median for Free Cash Flow is -$12.4 million (2023), against an average of -$12.6 million.
- The widest annual swing landed in 2022, when Free Cash Flow soared 438.2%; it then slumped 8097.11% in 2023.
- Tracing CVLG's Free Cash Flow over 5 years: stood at -$899000.0 in 2022, then tumbled by 8097.11% to -$73.7 million in 2023, then soared by 58.57% to -$30.5 million in 2024, then slipped by 1.34% to -$30.9 million in 2025, then surged by 191.89% to $28.4 million in 2026.
- Per Business Quant, the three latest CVLG Free Cash Flow figures stand at $28.4 million (Q1 2026), -$30.9 million (Q3 2025), and -$23.1 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 311.06 Mn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 72.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 73.52 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 12.50 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 55.20 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -24.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | -1.22 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 80.78 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 6.00 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 28.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.43 Mn |
| Mar 31, 2026 | 28.43 Mn |
| Sep 30, 2025 | -30.94 Mn |
| Sep 30, 2025 | -30.94 Mn |
| Jun 30, 2025 | -23.13 Mn |
| Jun 30, 2025 | -23.13 Mn |
| Mar 31, 2025 | 23.10 Mn |
| Mar 31, 2025 | 23.10 Mn |
| Sep 30, 2024 | -30.53 Mn |
| Sep 30, 2024 | -30.53 Mn |
| Jun 30, 2024 | -54.80 Mn |
| Jun 30, 2024 | -54.80 Mn |
| Mar 31, 2024 | -26.66 Mn |
| Mar 31, 2024 | -26.66 Mn |
| Dec 31, 2023 | -73.69 Mn |
| Dec 31, 2023 | -73.69 Mn |
| Sep 30, 2023 | -12.38 Mn |
| Sep 30, 2023 | -12.38 Mn |
| Jun 30, 2023 | -37.73 Mn |
| Jun 30, 2023 | -37.73 Mn |
| Mar 31, 2023 | -8.97 Mn |
| Mar 31, 2023 | -8.97 Mn |
| Dec 31, 2022 | -899,000.00 |
| Dec 31, 2022 | -899,000.00 |
| Sep 30, 2022 | 10.32 Mn |
| Sep 30, 2022 | 10.32 Mn |
| Jun 30, 2022 | 18.62 Mn |
| Jun 30, 2022 | 18.62 Mn |
| Mar 31, 2022 | 30.73 Mn |
| Mar 31, 2022 | 30.73 Mn |
| Dec 31, 2021 | -8.50 Mn |
| Dec 31, 2021 | -8.50 Mn |
| Sep 30, 2021 | 26.29 Mn |
| Sep 30, 2021 | 26.29 Mn |
| Jun 30, 2021 | 14.44 Mn |
| Jun 30, 2021 | 14.44 Mn |
| Mar 31, 2021 | 5.71 Mn |
| Mar 31, 2021 | 5.71 Mn |
| Dec 31, 2020 | 7.65 Mn |
| Dec 31, 2020 | 7.65 Mn |
| Sep 30, 2020 | -15.77 Mn |
| Sep 30, 2020 | -15.77 Mn |
| Jun 30, 2020 | 15.87 Mn |
| Jun 30, 2020 | 15.87 Mn |
| Mar 31, 2020 | -38.76 Mn |
| Mar 31, 2020 | -38.76 Mn |
| Dec 31, 2019 | 15.36 Mn |
| Dec 31, 2019 | 15.36 Mn |
| Sep 30, 2019 | -34.07 Mn |
| Sep 30, 2019 | -34.07 Mn |
| Jun 30, 2019 | -26.77 Mn |
| Jun 30, 2019 | -26.77 Mn |
| Mar 31, 2019 | -28.76 Mn |
| Mar 31, 2019 | -28.76 Mn |
| Dec 31, 2018 | -7.43 Mn |
| Dec 31, 2018 | -7.43 Mn |
| Sep 30, 2018 | 26.22 Mn |
| Sep 30, 2018 | 26.22 Mn |
| Jun 30, 2018 | 26.33 Mn |
| Jun 30, 2018 | 26.33 Mn |
| Mar 31, 2018 | 4.54 Mn |
| Mar 31, 2018 | 4.54 Mn |
| Dec 31, 2017 | -819,000.00 |
| Dec 31, 2017 | -819,000.00 |
| Sep 30, 2017 | -23.26 Mn |
| Sep 30, 2017 | -23.26 Mn |
| Jun 30, 2017 | -12.02 Mn |
| Jun 30, 2017 | -12.02 Mn |
| Mar 31, 2017 | 8.16 Mn |
| Mar 31, 2017 | 8.16 Mn |
| Dec 31, 2016 | 8.47 Mn |
| Dec 31, 2016 | 8.47 Mn |
| Sep 30, 2016 | -22.54 Mn |
| Sep 30, 2016 | -22.54 Mn |
| Jun 30, 2016 | -30.41 Mn |
| Jun 30, 2016 | -30.41 Mn |
| Mar 31, 2016 | 34.12 Mn |
| Mar 31, 2016 | 34.12 Mn |
| Dec 31, 2015 | -29.44 Mn |
| Dec 31, 2015 | -29.44 Mn |
| Sep 30, 2015 | -86.83 Mn |
| Sep 30, 2015 | -86.83 Mn |
| Jun 30, 2015 | 1.64 Mn |
| Jun 30, 2015 | 1.64 Mn |
| Mar 31, 2015 | 18.14 Mn |
| Mar 31, 2015 | 18.14 Mn |
| Dec 31, 2014 | -45.11 Mn |
| Dec 31, 2014 | -45.11 Mn |
| Sep 30, 2014 | -10.53 Mn |
| Sep 30, 2014 | -10.53 Mn |
| Jun 30, 2014 | -27.76 Mn |
| Jun 30, 2014 | -27.76 Mn |
| Mar 31, 2014 | -6.54 Mn |
| Mar 31, 2014 | -6.54 Mn |
| Dec 31, 2013 | -43.30 Mn |
| Dec 31, 2013 | -43.30 Mn |
| Sep 30, 2013 | -21.80 Mn |
| Sep 30, 2013 | -21.80 Mn |
| Jun 30, 2013 | -22.20 Mn |
| Jun 30, 2013 | -22.20 Mn |
| Mar 31, 2013 | -8.15 Mn |
| Mar 31, 2013 | -8.15 Mn |
| Dec 31, 2012 | -6.70 Mn |
| Dec 31, 2012 | -6.70 Mn |
| Sep 30, 2012 | 4.69 Mn |
| Sep 30, 2012 | 4.69 Mn |
| Jun 30, 2012 | 10.70 Mn |
| Jun 30, 2012 | 10.70 Mn |
| Mar 31, 2012 | 4.63 Mn |
| Mar 31, 2012 | 4.63 Mn |
| Dec 31, 2011 | -21.41 Mn |
| Dec 31, 2011 | -21.41 Mn |
| Sep 30, 2011 | -29.13 Mn |
| Sep 30, 2011 | -29.13 Mn |
| Jun 30, 2011 | -10.14 Mn |
| Jun 30, 2011 | -10.14 Mn |
| Mar 31, 2011 | -22.07 Mn |
| Mar 31, 2011 | -22.07 Mn |
| Dec 31, 2010 | 7.04 Mn |
| Dec 31, 2010 | 7.04 Mn |
| Sep 30, 2010 | -38.28 Mn |
| Sep 30, 2010 | -38.28 Mn |