Covenant Logistics Group, Inc. (CVLG) — Free Cash Flow Generation Index

Latest as of March 2026: 0.61x

Covenant Logistics Group, Inc. (CVLG) has a Free Cash Flow Generation Index of 0.61x as of March 2026. Free cash flow of $17.59 Million represents 1% of operating cash flow ($28.96 Million). See CVLG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.61x
Free Cash Flow / Operating CF

Free Cash Flow

$17.59 Million
USD

Operating Cash Flow

$28.96 Million
USD

Capital Expenditures

$11.37 Million
USD

Covenant Logistics Group, Inc. Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for Covenant Logistics Group, Inc. across 32 annual periods. Explore debt repayment capacity of Covenant Logistics Group, Inc. to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Covenant Logistics Group, Inc. (1994–2025)

Year-by-year Free Cash Flow Generation Index for Covenant Logistics Group, Inc.. For the full company profile including market capitalisation, see CVLG market cap.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 -0.30x $-33.92 Million $113.65 Million $147.57 Million ▼ -22.0%
2024 -0.24x $-30.07 Million $122.89 Million $152.96 Million ▲ +84.4%
2023 -1.56x $-132.77 Million $84.84 Million $217.61 Million ▼ -524.0%
2022 0.37x $58.76 Million $159.23 Million $100.47 Million ▼ -28.8%
2021 0.52x $37.93 Million $73.22 Million $35.28 Million ▲ +205.3%
2020 -0.49x $-31.01 Million $63.04 Million $94.05 Million ▲ +57.6%
2019 -1.16x $-74.24 Million $64.03 Million $138.27 Million ▼ -391.4%
2018 0.40x $49.66 Million $124.80 Million $75.14 Million ▲ +218.0%
2017 -0.34x $-27.95 Million $82.85 Million $110.80 Million ▼ -233.4%
2016 -0.10x $-10.36 Million $102.43 Million $112.79 Million ▲ +91.0%
2015 -1.13x $-96.49 Million $85.48 Million $181.96 Million ▲ +7.4%
2014 -1.22x $-89.94 Million $73.74 Million $163.68 Million ▲ +48.3%
2013 -2.36x $-95.45 Million $40.45 Million $135.90 Million ▼ -1076.7%
2012 0.24x $13.31 Million $55.10 Million $41.79 Million ▲ +109.4%
2011 -2.58x $-82.74 Million $32.06 Million $114.80 Million ▼ -174.9%
2010 -0.94x $-66.51 Million $70.84 Million $137.35 Million ▲ +64.7%
2009 -2.66x $-82.17 Million $30.90 Million $113.06 Million ▼ -120.0%
2008 -1.21x $-48.72 Million $40.31 Million $89.02 Million ▼ -33.4%
2007 -0.91x $-30.54 Million $33.72 Million $64.26 Million ▲ +46.2%
2006 -1.68x $-102.09 Million $60.66 Million $162.75 Million ▲ +49.0%
2005 -3.30x $-84.34 Million $25.57 Million $109.92 Million ▼ -288.0%
2004 -0.85x $-37.50 Million $44.11 Million $81.61 Million ▲ +13.0%
2003 -0.98x $-46.65 Million $47.72 Million $94.36 Million ▼ -1748.0%
2002 -0.05x $-3.55 Million $67.17 Million $70.72 Million ▼ -121.3%
2001 0.25x $18.30 Million $73.76 Million $55.47 Million ▲ +153.0%
2000 -0.47x $-22.77 Million $48.66 Million $71.43 Million ▲ +63.6%
1999 -1.29x $-57.17 Million $44.48 Million $101.65 Million ▼ -26.2%
1998 -1.02x $-40.62 Million $39.90 Million $80.52 Million ▼ -359.1%
1997 -0.22x $-10.03 Million $45.25 Million $55.28 Million ▲ +13.4%
1996 -0.26x $-10.02 Million $39.13 Million $49.14 Million ▲ +96.3%
1995 -6.96x $-63.30 Million $9.10 Million $72.40 Million ▼ -180.4%
1994 -2.48x $-38.20 Million $15.40 Million $53.60 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).