Covenant Logistics price to free cash flow CVLG

Market value divided by free cash flow over the last twelve months, since 2013.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 59.3×; Oct 2025
8-year median: 9.6×
8-year range: 5.2× to 84.4×
Peer median: 17.0×

Covenant Logistics' price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Oct 2025, at 59.3×.

On the days it had one over the last 8 years, its median was 9.6×, from 5.2× in May 2022 to 84.4× in Sep 2018.

Price to free cash flow over time

median 9.6×

The dashed line is the 8-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2025	59.3×	58.9×	73.6×
2024	n/m a value too high to mean anything
2023	37.9×	7.5×	38.5×
2022	9.1×	5.2×	10.7×
2021	8.2×	7.2×	45.6×
2020	n/m a value too high to mean anything
2019	16.7×	6.5×	19.5×
2018	6.2×	6.1×	84.4×
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	n/m a value too high to mean anything
2014	n/m a value too high to mean anything
2013	297×	5.4×	336×

Against its peers

Companies in Trucking nearest Covenant Logistics' size, closest first, today.

Company	Price to free cash flow
CVLGCovenant Logistics	n/m
MRTNMarten Transport	n/m
ARCBArcbest	15.3×
SNDRSchneider National	17.0×
LSTRLandstar System	32.0×
Peer median	17.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Covenant Logistics

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.