Covenant Logistics Group
| Basis | Payout | Why |
|---|---|---|
| GAAP earnings | 98.6% | whyThe figure most screeners publish. |
| Operating cash flow | 6.3% | whyBefore capital spending. |
| Free cash flow | negative | whyOCF fell $33.9m short of capex — the dividend was not funded from free cash flow. |
Nothing is marked as applying, deliberately. The basis that governs here is free cash flow, and this year it yields no ratio at all. The figure above is shown for completeness; treating it as the answer is the substitution this page exists to prevent.
Spread between highest and lowest: 92.3 percentage points. Same filings, different denominators.
Coverage rating 69 / 100 — Adequate. ? Peer standing 44/50Direction 15/30Stability 10/20
The arithmetic
- GAAP earnings — dividends declared per share $0.266 ÷ diluted EPS $0.270
- Operating cash flow — dividends paid $7.16m ÷ operating cash flow $114m
- Free cash flow — dividends paid $7.16m ÷ (operating cash flow $114m − capex $148m)
Where the figures came from
- 10-K filed 2026-02-27 · accession 0001437749-26-006086
Every one is public at sec.gov and free to check. That is the point — you should not have to take our word for any of it.
Caveats on this company
- DPS derived from dividends paid ($0.27); no per-share tag filed
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell us — that is more useful to us than agreement.
Who else looks like this
Every figure above is computed from Covenant Logistics Group’s own filing, and every company here is measured the same way. Screen all of them on any of these twelve measures, or on the rules two investors published — free, and nothing you screen leaves your browser.