Covenant Logistics Group, Inc. (CVLG) — Cash Flow Reinvestment Rate
Covenant Logistics Group, Inc. (CVLG) has a Cash Flow Reinvestment Rate of 2.05x as of September 2025, reinvesting $84.84 Million (capex $49.18 Million plus investments $-35.66 Million) from operating cash flow of $41.36 Million. Check earnings quality score of Covenant Logistics Group, Inc. to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Covenant Logistics Group, Inc. Cash Flow Reinvestment Rate (1994–2024)
Historical reinvestment intensity for Covenant Logistics Group, Inc. across 31 annual periods. Explore long-term investment intensity of Covenant Logistics Group, Inc. to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Covenant Logistics Group, Inc. (1994–2024)
Year-by-year capital reinvestment analysis for Covenant Logistics Group, Inc.. For live market cap and broader valuation context, see CVLG market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.12x | $260.64 Million | $122.89 Million | $152.96 Million | ▼ -54.9% |
| 2023 | 4.70x | $398.59 Million | $84.84 Million | $217.61 Million | ▲ +300.7% |
| 2022 | 1.17x | $186.68 Million | $159.23 Million | $100.47 Million | ▲ +133.4% |
| 2021 | 0.50x | $36.78 Million | $73.22 Million | $35.28 Million | ▼ -86.4% |
| 2020 | 3.68x | $232.09 Million | $63.04 Million | $94.05 Million | ▲ +68.8% |
| 2019 | 2.18x | $139.64 Million | $64.03 Million | $138.27 Million | ▲ +38.8% |
| 2018 | 1.57x | $196.04 Million | $124.80 Million | $75.14 Million | ▼ -24.7% |
| 2017 | 2.09x | $172.85 Million | $82.85 Million | $110.80 Million | ▲ +33.5% |
| 2016 | 1.56x | $160.08 Million | $102.43 Million | $112.79 Million | ▼ -26.6% |
| 2015 | 2.13x | $181.96 Million | $85.48 Million | $181.96 Million | ▼ -4.1% |
| 2014 | 2.22x | $163.68 Million | $73.74 Million | $163.68 Million | ▼ -33.9% |
| 2013 | 3.36x | $135.90 Million | $40.45 Million | $135.90 Million | ▲ +343.1% |
| 2012 | 0.76x | $41.79 Million | $55.10 Million | $41.79 Million | ▼ -78.8% |
| 2011 | 3.58x | $114.80 Million | $32.06 Million | $114.80 Million | ▲ +84.7% |
| 2010 | 1.94x | $137.35 Million | $70.84 Million | $137.35 Million | ▼ -47.0% |
| 2009 | 3.66x | $113.06 Million | $30.90 Million | $113.06 Million | ▲ +65.7% |
| 2008 | 2.21x | $89.02 Million | $40.31 Million | $89.02 Million | ▲ +15.9% |
| 2007 | 1.91x | $64.26 Million | $33.72 Million | $64.26 Million | ▼ -29.0% |
| 2006 | 2.68x | $162.75 Million | $60.66 Million | $162.75 Million | ▼ -37.6% |
| 2005 | 4.30x | $109.92 Million | $25.57 Million | $109.92 Million | ▲ +132.3% |
| 2004 | 1.85x | $81.61 Million | $44.11 Million | $81.61 Million | ▼ -6.4% |
| 2003 | 1.98x | $94.36 Million | $47.72 Million | $94.36 Million | ▲ +87.8% |
| 2002 | 1.05x | $70.72 Million | $67.17 Million | $70.72 Million | ▲ +40.0% |
| 2001 | 0.75x | $55.47 Million | $73.76 Million | $55.47 Million | ▼ -48.8% |
| 2000 | 1.47x | $71.43 Million | $48.66 Million | $71.43 Million | ▼ -35.8% |
| 1999 | 2.29x | $101.65 Million | $44.48 Million | $101.65 Million | ▲ +13.2% |
| 1998 | 2.02x | $80.52 Million | $39.90 Million | $80.52 Million | ▲ +65.2% |
| 1997 | 1.22x | $55.28 Million | $45.25 Million | $55.28 Million | ▼ -2.7% |
| 1996 | 1.26x | $49.14 Million | $39.13 Million | $49.14 Million | ▼ -84.2% |
| 1995 | 7.96x | $72.40 Million | $9.10 Million | $72.40 Million | ▲ +128.6% |
| 1994 | 3.48x | $53.60 Million | $15.40 Million | $53.60 Million | — |