Covenant Logistics Group, Inc. (CVLG) — Cash Flow Quality Index
Covenant Logistics Group, Inc. (CVLG) has a Cash Flow Quality Index of 4.55x as of September 2025. Operating cash flow of $41.36 Million exceeds net income of $9.09 Million, indicating high earnings quality where cash backs reported profits. Explore CVLG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Covenant Logistics Group, Inc. Cash Flow Quality Index (1994–2024)
Historical Cash Flow Quality Index for Covenant Logistics Group, Inc. across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Covenant Logistics Group, Inc..
Annual Cash Flow Quality Index for Covenant Logistics Group, Inc. (1994–2024)
Year-by-year earnings quality comparison for Covenant Logistics Group, Inc..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.42x | $122.89 Million | $35.92 Million | ▲ +120.3% |
| 2023 | 1.55x | $84.84 Million | $54.63 Million | ▲ +6.0% |
| 2022 | 1.47x | $159.23 Million | $108.68 Million | ▲ +21.5% |
| 2021 | 1.21x | $73.22 Million | $60.73 Million | ▼ -84.0% |
| 2019 | 7.55x | $64.03 Million | $8.48 Million | ▲ +157.2% |
| 2018 | 2.94x | $124.80 Million | $42.50 Million | ▲ +96.5% |
| 2017 | 1.49x | $82.85 Million | $55.44 Million | ▼ -75.4% |
| 2016 | 6.08x | $102.43 Million | $16.84 Million | ▲ +199.6% |
| 2015 | 2.03x | $85.48 Million | $42.09 Million | ▼ -51.0% |
| 2014 | 4.14x | $73.74 Million | $17.81 Million | ▼ -46.3% |
| 2013 | 7.71x | $40.45 Million | $5.24 Million | ▼ -15.1% |
| 2012 | 9.09x | $55.10 Million | $6.07 Million | ▼ -57.8% |
| 2010 | 21.54x | $70.84 Million | $3.29 Million | ▲ +336.8% |
| 2005 | 4.93x | $25.57 Million | $5.19 Million | ▼ -62.3% |
| 2004 | 13.07x | $44.11 Million | $3.38 Million | ▲ +209.1% |
| 2003 | 4.23x | $47.72 Million | $11.29 Million | ▼ -42.3% |
| 2002 | 7.33x | $67.17 Million | $9.16 Million | ▲ +78.9% |
| 2000 | 4.10x | $48.66 Million | $11.88 Million | ▲ +105.2% |
| 1999 | 2.00x | $44.48 Million | $22.28 Million | ▼ -8.5% |
| 1998 | 2.18x | $39.90 Million | $18.28 Million | ▼ -33.9% |
| 1997 | 3.30x | $45.25 Million | $13.70 Million | ▼ -24.2% |
| 1996 | 4.36x | $39.13 Million | $8.98 Million | ▲ +345.4% |
| 1995 | 0.98x | $9.10 Million | $9.30 Million | ▼ -53.6% |
| 1994 | 2.11x | $15.40 Million | $7.30 Million | — |