Covenant Logistics Group, Inc. (CVLG) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 28.96M | 25.55M | 41.36M | 21.91M | 24.83M | 21.93M | 56.86M | 22.4M | 21.7M | 31.87M | 40.6M | 5.12M | 7.25M | 38.16M | 44.17M | 37.49M | 39.42M | 4.98M | 34.12M | 24.51M |
| Operating CF Margin % | 9.43% | 8.65% | 13.93% | 7.23% | 9.22% | 7.91% | 19.75% | 7.79% | 7.78% | 11.63% | 14.06% | 1.87% | 2.72% | 12.89% | 14.16% | 11.81% | 13.52% | 1.69% | 12.43% | 9.56% |
| Operating CF Growth % | 16.65% | 16.48% | -27.25% | -2.2% | 14.42% | -31.18% | 40.03% | 337.5% | 199.41% | -16.49% | -8.06% | -86.34% | -81.61% | 666.29% | 29.46% | 52.96% | 309.9% | -86.92% | 3890.06% | -11.26% |
| Net Income | 4.42M | -18.26M | 9.09M | 9.84M | 6.56M | 6.72M | 13.03M | 12.19M | 3.97M | 12.64M | 13.51M | 12.29M | 16.64M | 11.5M | 50.49M | 24.53M | 22.17M | 17.73M | 16.44M | 15.42M |
| Depreciation & Amortization | 23.98M | 24.86M | 22.95M | 23.12M | 21.8M | 22.07M | 21.22M | 22.13M | 21.11M | 18.24M | 18.18M | 18.94M | 14.57M | 15.78M | 14.36M | 13.93M | 13.45M | 12.56M | 13.37M | 13.86M |
| Stock-Based Compensation | 934K | 574K | 1.06M | 920K | 1.01M | 991K | 988K | 765K | 947K | 1.88M | 1.88M | 1.77M | 1.56M | 1.45M | 1.39M | 1.85M | 1.89M | 2.26M | 1.86M | 2.35M |
| Deferred Taxes | 1.06M | -3.08M | 8.18M | -308K | -2.94M | -1.48M | -963K | 11.32M | -5.59M | 14.57M | 2.29M | 2.8M | -1.77M | 9.27M | 3.6M | -383K | 963K | 5.38M | 5.68M | 2.4M |
| Other Non-Cash Items | -3.51M | 16.42M | -3.96M | -2.3M | -3.25M | -3.06M | -341K | -3.1M | -2.98M | -6.27M | 3.6M | -7.3M | -15.74M | 3.42M | -39.42M | -7.7M | -6.78M | -2.09M | -1.93M | -4.83M |
| Working Capital Changes | 2.08M | 5.02M | 4.04M | -9.36M | 1.65M | -3.31M | 22.92M | -20.92M | 4.24M | -9.2M | 1.14M | -23.39M | -8.01M | -3.25M | 13.76M | 5.26M | 7.73M | -30.86M | -1.29M | -4.7M |
| Change in Receivables | -1.29M | 1.74M | -3.35M | -7.63M | -470K | -4.96M | 15.84M | -11.95M | 3.81M | 2.15M | -11.34M | -16.09M | 2.86M | 8.36M | 9.65M | -763K | 199K | 36.3M | -28.18M | -37.75M |
| Change in Inventory | -828K | -181K | -755K | 106K | 152K | 461K | -504K | -478K | -279K | 15K | -738K | 198K | 208K | 206K | 239K | -230K | -408K | 336K | -104K | -84K |
| Change in Payables | -1.08M | 3.09M | 4.96M | 13.37M | -12.11M | -54K | 4.02M | 166K | -8.55M | -7.98M | 6.99M | 5.11M | -13.31M | -7.06M | 4.41M | 5.23M | -8.8M | -8.49M | 8.73M | 14.93M |
| Cash from Investing | 24.23M | -50.88M | -35.66M | -29.45M | -24.08M | -3.47M | -17.73M | -42.99M | -43.48M | -91.33M | -31.27M | -120.41M | 7.08M | -36.39M | 13.14M | -17.97M | -45M | -11.62M | 2.19M | 9.85M |
| Capital Expenditures | -11.37M | 119.04M | -49.18M | -36.44M | -33.42M | -21.47M | -32.6M | -50.53M | -48.36M | -105.56M | -52.98M | -42.85M | -16.22M | -39.06M | -33.85M | -18.87M | -8.69M | -13.48M | -7.83M | -10.06M |
| CapEx % of Revenue | 3.7% | 40.3% | 16.57% | 12.03% | 12.41% | 7.74% | 11.32% | 17.58% | 17.35% | 38.53% | 18.35% | 15.64% | 6.08% | 13.19% | 10.85% | 5.95% | 2.98% | 4.58% | 2.85% | 3.93% |
| Acquisitions | 0 | -27.05M | 0 | 0 | 0 | 0 | 0 | 0 | -4.56M | 14.86M | -8.04M | -99.89M | 24.41M | 38.5M | -1.18M | -324K | -37M | -13K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 35.59M | -142.87M | 13.52M | 6.99M | 9.35M | 18M | 14.86M | 7.54M | 9.44M | -26.48M | 29.75M | 22.67M | 24.41M | 2.89M | 48.18M | 1.23M | 704K | 1.88M | 10.02M | 19.93M |
| Cash from Financing | -46.89M | 27.59M | -3.17M | -3.56M | -25.13M | -18.04M | -5.21M | 18.92M | 22.44M | 54.36M | -9.77M | 68.52M | -28.41M | 7.63M | -2.52M | -22.2M | 4.31M | -7.13M | -19.08M | -34.18M |
| Debt Issued (Net) | -44.78M | 30.02M | 467K | 33.9M | -18.58M | -16.66M | -3.9M | 19.79M | 30.82M | 59.02M | -8.33M | 74.44M | 4.54M | 23.54M | 26.04M | 7.68M | 20.2M | -6.77M | -17.01M | -33.58M |
| Equity Issued (Net) | 100K | 7K | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 58K | 0 | -4.68M | -20.8M | -13.84M | -27.52M | -28.57M | -14.8M | 0 | -1.99M | -242K |
| Dividends Paid | -1.76M | -1.75M | -1.75M | -1.8M | -1.86M | -1.46M | -1.45M | -1.45M | -1.44M | -1.44M | -1.44M | -1.44M | -1.47M | -1.09M | -1.17M | -975K | -1.05M | 0 | 0 | 0 |
| Share Repurchases | 0 | 7K | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 58K | 0 | -4.68M | -20.8M | -13.84M | -27.52M | -28.57M | -14.8M | 0 | -1.99M | -242K |
| Other Financing | -455K | -678K | -862K | -35.66M | -4.69M | 77K | 138K | 581K | -6.93M | -3.27M | 0 | 201K | -10.67M | -975K | 133K | -345K | -35K | -363K | -82K | -356K |
| Net Change in Cash | 6.3M | 2.26M | 2.54M | -11.1M | -24.38M | 422K | 33.92M | -1.67M | 658K | -5.09M | -429K | -46.77M | -14.08M | 9.41M | 54.79M | -2.68M | -1.27M | -13.78M | 17.22M | 176K |
| Free Cash Flow | 17.59M | 144.59M | -7.82M | -14.53M | -8.6M | 464K | 24.26M | -28.13M | -26.66M | -73.69M | -12.38M | -37.73M | -8.97M | -899K | 10.32M | 18.62M | 30.73M | -8.5M | 26.29M | 14.44M |
| FCF Margin % | 5.73% | 48.95% | -2.63% | -4.8% | -3.19% | 0.17% | 8.43% | -9.79% | -9.56% | -26.9% | -4.29% | -13.77% | -3.36% | -0.3% | 3.31% | 5.87% | 10.54% | -2.89% | 9.57% | 5.63% |
| FCF Growth % | 304.69% | 31061.85% | -132.22% | 48.35% | 67.76% | 100.63% | 296.06% | 25.43% | -197.12% | -8097.11% | -219.94% | -302.64% | -129.2% | 89.43% | -60.75% | 28.9% | 438.2% | -211.19% | 266.7% | -8.97% |
| FCF per Share | 0.67 | 5.78 | -0.29 | -0.53 | -0.31 | 0.02 | 0.87 | -1.02 | -0.97 | -2.69 | -0.45 | -1.39 | -0.32 | -0.03 | 0.35 | 0.59 | 0.92 | -0.25 | 0.77 | 0.42 |
| FCF Conversion (FCF/Net Income) | 6.55x | -1.40x | 4.55x | 2.23x | 3.78x | 3.26x | 4.36x | 1.84x | 5.46x | 2.49x | 3.01x | 0.42x | 0.44x | 3.32x | 0.87x | 1.53x | 1.78x | 0.28x | 2.07x | 1.59x |
| Interest Paid | 3.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |