Covenant Logistics Group, Inc. (CVLG) — Capital Reinvestment Ratio
Covenant Logistics Group, Inc. (CVLG) has a Capital Reinvestment Ratio of 1.19x as of September 2025, meaning it reinvests 1% of its operating cash flow ($41.36 Million) in capital expenditures ($49.18 Million). See Covenant Logistics Group, Inc. balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Covenant Logistics Group, Inc. Capital Reinvestment Ratio (1994–2024)
This chart tracks Covenant Logistics Group, Inc.'s Capital Reinvestment Ratio across 31 annual periods. Check Covenant Logistics Group, Inc. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Covenant Logistics Group, Inc. (1994–2024)
Year-by-year Capital Reinvestment Ratio for Covenant Logistics Group, Inc. from 1994 to 2024. For live market cap and broader valuation context, see Covenant Logistics Group, Inc. market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.24x | $122.89 Million | $152.96 Million | ▼ -51.5% |
| 2023 | 2.56x | $84.84 Million | $217.61 Million | ▲ +306.5% |
| 2022 | 0.63x | $159.23 Million | $100.47 Million | ▲ +30.9% |
| 2021 | 0.48x | $73.22 Million | $35.28 Million | ▼ -67.7% |
| 2020 | 1.49x | $63.04 Million | $94.05 Million | ▼ -30.9% |
| 2019 | 2.16x | $64.03 Million | $138.27 Million | ▲ +258.7% |
| 2018 | 0.60x | $124.80 Million | $75.14 Million | ▼ -55.0% |
| 2017 | 1.34x | $82.85 Million | $110.80 Million | ▲ +21.4% |
| 2016 | 1.10x | $102.43 Million | $112.79 Million | ▼ -48.3% |
| 2015 | 2.13x | $85.48 Million | $181.96 Million | ▼ -4.1% |
| 2014 | 2.22x | $73.74 Million | $163.68 Million | ▼ -33.9% |
| 2013 | 3.36x | $40.45 Million | $135.90 Million | ▲ +343.1% |
| 2012 | 0.76x | $55.10 Million | $41.79 Million | ▼ -78.8% |
| 2011 | 3.58x | $32.06 Million | $114.80 Million | ▲ +84.7% |
| 2010 | 1.94x | $70.84 Million | $137.35 Million | ▼ -47.0% |
| 2009 | 3.66x | $30.90 Million | $113.06 Million | ▲ +65.7% |
| 2008 | 2.21x | $40.31 Million | $89.02 Million | ▲ +15.9% |
| 2007 | 1.91x | $33.72 Million | $64.26 Million | ▼ -29.0% |
| 2006 | 2.68x | $60.66 Million | $162.75 Million | ▼ -37.6% |
| 2005 | 4.30x | $25.57 Million | $109.92 Million | ▲ +132.3% |
| 2004 | 1.85x | $44.11 Million | $81.61 Million | ▼ -6.4% |
| 2003 | 1.98x | $47.72 Million | $94.36 Million | ▲ +87.8% |
| 2002 | 1.05x | $67.17 Million | $70.72 Million | ▲ +40.0% |
| 2001 | 0.75x | $73.76 Million | $55.47 Million | ▼ -48.8% |
| 2000 | 1.47x | $48.66 Million | $71.43 Million | ▼ -35.8% |
| 1999 | 2.29x | $44.48 Million | $101.65 Million | ▲ +13.2% |
| 1998 | 2.02x | $39.90 Million | $80.52 Million | ▲ +65.2% |
| 1997 | 1.22x | $45.25 Million | $55.28 Million | ▼ -2.7% |
| 1996 | 1.26x | $39.13 Million | $49.14 Million | ▼ -84.2% |
| 1995 | 7.96x | $9.10 Million | $72.40 Million | ▲ +128.6% |
| 1994 | 3.48x | $15.40 Million | $53.60 Million | — |