What is Covenant Logistics Group's free cash flow margin?

Covenant Logistics Group (CVLG) reported free cash flow margin of -0.6% in Q1 2026.

What is the long-term trend for Covenant Logistics Group's free cash flow margin?

Over 2 years (2022 to 2025), Covenant Logistics Group's free cash flow margin has grown at a -22.9% compound annual growth rate (CAGR), from 4.9% to -2.9%.

What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

Covenant Logistics Group CVLG Free cash flow margin

Free cash flow margin at other companies

JB Hunt Transport ServicesJBHT

8.5%+4.3pp

Werner EnterprisesWERN

-1.4%-0.5pp

Knight-Swift Transportation Holdings Inc.KNX

6.6%—

Schneider NationalSNDR

6.3%+1.2pp

Landstar SystemLSTR

4.9%+0.2pp

Heartland ExpressHTLD

-8.4%—

Other financials

Income statement

See full

Revenue$307.2M+14.0%

Operating income$6.3M-17.6%

Net income$4.4M-32.7%

EPS (diluted)$0.17-29.2%

Balance sheet

See full

Cash & equivalents$11.2M+0.1%

Total debt$291.7M+4.9%

Total equity$407.6M-8.1%

Total assets$1.0B+3.8%

Cash flow

See full

Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Valuation

See full

Market cap$1.08B+77.6%

Enterprise value$1.36B+55.5%

P/E36×+0.6×

P/S0.9×—

Profitability

See full

Operating margin2.8%—

Net margin3.7%-1.1pp

Returns & leverage

See full

Return on equity7.5%-2.6pp

Debt / equity0.7×+0.1×

Current ratio1×0.0×

Where this comes from

Calculated from Covenant Logistics Group’s reported figures.

free cash flow/total revenue=-0.6%

Based on trailing twelve months.

The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Covenant Logistics Group's free cash flow margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Covenant Logistics Group's free cash flow margin?: Covenant Logistics Group (CVLG) reported free cash flow margin of -0.6% in Q1 2026.
What is the long-term trend for Covenant Logistics Group's free cash flow margin?: Over 2 years (2022 to 2025), Covenant Logistics Group's free cash flow margin has grown at a -22.9% compound annual growth rate (CAGR), from 4.9% to -2.9%.
What does free cash flow margin mean?: Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.