2m 2m 2m 2m 2m 2m 2m
FORWARD AIR (FWRD)
NASDAQ
$13.55-$0.16 (-1.16%)
Price as of Jun 23, 2026 2:24 PM EDT- $433.6MMarket Cap
- -37.99%1-Year Change
- Integrated Freight & LogisticsIndustry
FORWARD AIR (FWRD)
$13.55-$0.16 (-1.16%)
Annual
Quarterly
12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|---|
Income Statement | |||||
Total Operating Revenue | 2.5B +0.84% | 2.5B +80.51% | 1.4B -30.54% | 2.0B +18.71% | |
Cost of Revenue | 1.2B -0.49% | 1.3B +113.34% | 586.2M -35.34% | 906.5M +8.82% | |
Gross Profit | 1.3B +2.20% | 1.2B +55.98% | 784.5M -26.46% | 1.1B +28.64% | |
Sales and Marketing Expense | N/A N/A | N/A N/A | N/A N/A | N/A N/A | |
Research and Development Expense | N/A N/A | N/A N/A | N/A N/A | N/A N/A | |
Depreciation and Amortization Expense | 152.6M +6.01% | 144.0M +150.81% | 57.4M +21.14% | 47.4M +19.81% | |
Total Operating Expenses | 2.5B -30.49% | 3.5B +175.80% | 1.3B -24.89% | 1.7B +13.59% | |
Operating Profit | 36.4M +103.43% | -1.1B -1,305.01% | 88.2M -66.84% | 266.0M +66.96% | |
Interest Income | 9.2M 0.00% | 9.2M N/A | N/A N/A | N/A N/A | |
Interest Expense | N/A N/A | N/A N/A | -31.6M +514.46% | -5.1M +18.44% | |
Interest Income and Expense and Net | 9.2M 0.00% | 9.2M +128.99% | -31.6M +514.46% | -5.1M +18.44% | |
Total Nonoperating Income and Expense | -183.6M -1.75% | -186.9M +491.99% | -31.6M +514.46% | -5.1M +18.44% | |
Income before Taxes | -147.2M -88.22% | -1.2B -2,306.66% | 56.6M -78.29% | 260.8M +68.32% | |
Income Taxes | -5.5M -95.62% | -125.0M -1,003.38% | 13.8M -79.55% | 67.6M +74.03% | |
Extraordinary Items | N/A N/A | N/A N/A | N/A N/A | N/A N/A | |
Net Income | -107.8M -86.81% | -817.0M -588.18% | 167.4M -13.38% | 193.2M +82.50% | |
Net Income from Continuing Operations Applicable to Common | -147.2M -86.91% | -1.1B -2,727.95% | 42.8M -77.84% | 193.2M +66.41% | |
Basic EPS and Net Income | -3.51 -88.54% | -30.63 -577.10% | 6.42 -10.46% | 7.17 +85.27% | |
Diluted EPS and Net Income | -3.51 -88.54% | -30.63 -578.59% | 6.40 -10.36% | 7.14 +85.45% | |
Basic Weighted Average Shares | 30.7M +11.54% | 27.5M +6.28% | 25.9M -3.25% | 26.8M -1.37% | |
Diluted Weighted Average Shares | 30.7M +11.54% | 27.5M +5.91% | 26.0M -3.43% | 26.9M -1.34% | |
Balance Sheet | |||||
Cash and Cash Equivalents | 106.0M +1.04% | 104.9M -13.99% | 122.0M +166.18% | 45.8M +22.79% | |
Short-Term Investments | N/A N/A | N/A N/A | N/A N/A | N/A N/A | |
Cash and Cash Equivalents and Short-Term Investments | 106.0M +1.04% | 104.9M -13.99% | 122.0M +166.18% | 45.8M +22.79% | |
Total Current Assets | 521.0M +10.26% | 472.5M +36.16% | 347.0M +14.04% | 304.3M +7.61% | |
Accumulated Depreciation | 340.0M +16.11% | 292.9M +17.06% | 250.2M +13.38% | 220.7M +9.86% | |
Property and Plant and Equipment and Net | 297.9M -8.68% | 326.2M +26.38% | 258.1M +3.62% | 249.1M +13.69% | |
Total Long-Term Assets | 58.0M -19.35% | 71.9M +22.22% | 58.9M +13.57% | 51.8M +12.06% | |
Total Assets | 2.7B -2.99% | 2.8B -5.94% | 3.0B +146.63% | 1.2B +8.07% | |
Income Taxes Payable | 27.2M -28.68% | 38.2M -9.55% | 42.2M -17.41% | 51.1M +17.71% | |
Total Short-Term Debt | 0 -100.00% | 16.9M +33.89% | 12.6M +33.89% | 9.4M +55.12% | |
Total Current Liabilities | 428.3M +11.53% | 384.0M +61.98% | 237.1M +39.96% | 169.4M +2.86% | |
Total Long-Term Debt | 1.7B +0.68% | 1.7B N/A | 0 -100.00% | 106.6M -31.44% | |
Total Long-Term Liabilities | 53.5M -97.49% | 2.1B +4,423.86% | 47.1M -20.15% | 59.0M +18.98% | |
Total Liabilities | 755.3M +6.43% | 709.7M +129.90% | 308.7M +15.07% | 268.3M +0.81% | |
Retained Earnings | -447.1M +32.19% | -338.2M -170.42% | 480.3M +10.13% | 436.1M +30.22% | |
Total Stockholders Equity | 113.3M -43.81% | 201.7M -73.60% | 764.3M +8.06% | 707.2M +19.13% | |
Total Shares Outstanding | 31.3M +5.26% | 29.8M +15.93% | 25.7M -2.99% | 26.5M -1.88% | |
Cash Flow | |||||
Cash from Operating Activities | 44.4M +158.86% | -75.4M -141.57% | 181.4M -29.99% | 259.1M +115.44% | |
Capital Expenditures | 29.1M -21.44% | 37.1M +20.62% | 30.7M -24.56% | 40.7M +4.14% | |
Cash from Investing Activities | -26.9M -98.33% | -1.6B -1,020.04% | 174.8M +267.37% | -104.5M +18.29% | |
Dividends Paid | 0 N/A | 0 -100.00% | 25.0M -3.36% | 25.9M +12.57% | |
Cash from Financing Activities | -17.5M -89.30% | -163.8M -110.57% | 1.6B +1,160.77% | -146.1M +318.84% | |
Financials Ratio | |||||
Gross Margin | 50.12% +1.35% | 49.46% -13.59% | 57.24% +5.87% | 54.06% +8.37% | |
Operating Margin | 1.46% +103.40% | -42.96% -767.57% | 6.44% -52.25% | 13.48% +40.65% | |
Return on Assets | -3.90% -86.18% | -28.26% -453.55% | 7.99% -51.89% | 16.61% +69.89% | |
Return on Equity | -68.43% -59.55% | -169.15% -843.65% | 22.75% -23.42% | 29.70% +60.06% | |
Revenue Growth | 0.84% -98.95% | 80.51% +363.61% | -30.54% -263.26% | 18.71% -39.55% | |
Current Ratio | 1.22 -1.13% | 1.23 -15.95% | 1.46 -18.52% | 1.80 +4.61% | |
Cash Ratio | 0.25 -9.41% | 0.27 -46.89% | 0.51 +90.17% | 0.27 +19.37% | |
Debt-to-Equity Ratio | 14.89 +77.39% | 8.39 +50,759.39% | 0.02 -89.95% | 0.16 -39.69% | |
Debt-to-Assets Ratio | 0.62 +2.75% | 0.60 +14,280.95% | 0.004 -95.62% | 0.10 -33.56% | |
Earnings & Revenue History
Debt-to-Assets
Cash Flow