Company / Working Capital
COVENANT LOGISTICS GROUP, INC. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$22.8M
FY2025
5-year range
$15.7M / $66.5M
FY2021-FY2025
Trend
-29.9%
vs FY2024
Sector context
#295 of 346
Industrials
What the data says
COVENANT LOGISTICS GROUP, INC.'s working capital of $23M is lower than 85% of companies in the Industrials sector (FY2025). Working Capital has fluctuated over the past 10 years, ranging from $14M in FY2020 to $93M in FY2019.
Based on SEC 10-K filings.
$23M in FY2025 with a 5-year CAGR of +9.6%.
Improved from $16M to $23M over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -30.0%
- 5-Year CAGR
- +9.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in IndustrialsTop 85% of 346This company $22.8M Sector average $689.0M
▼
-96.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.6%, indicating consistent growth.
- In FY2025, working capital decreased 29.9% year-over-year.
- Ranks #295 out of 346 companies in the Industrials sector.
- Peak working capital was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.29 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $22.8M | -29.9% |
| FY2024 | $32.6M | +108.1% |
| FY2023 | $15.7M | -76.5% |
| FY2022 | $66.5M | +45.3% |
| FY2021 | $45.8M | +217.6% |
| FY2020 | $14.4M | -84.5% |
| FY2019 | $93.1M | +10.5% |
| FY2018 | $84.3M | +4.0% |
| FY2017 | $81.1M | +71.9% |
| FY2016 | $47.2M | +1.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026