Forward Air Corp financial data

Symbol
FWRD on Nasdaq
Location
1915 Snapps Ferry Road, Building N, Greeneville, TN
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 119 % -8.89%
Return On Equity -50.1 % +48.4%
Return On Assets -4.15 % +80%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.2M shares +7.92%
Common Stock, Shares, Outstanding 31.2M shares +8.77%
Entity Public Float 527M USD -73.4%
Common Stock, Value, Issued 312K USD +8.71%
Weighted Average Number of Shares Outstanding, Basic 31M shares +10.8%
Weighted Average Number of Shares Outstanding, Diluted 31M shares +10.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.5B USD +14.5%
Costs and Expenses 2.38B USD -28.2%
Operating Income (Loss) 115M USD -33.9%
Nonoperating Income (Expense) -186M USD -11.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -70.5M USD +94.6%
Income Tax Expense (Benefit) 70.2M USD -70.4%
Net Income (Loss) Attributable to Parent -116M USD +82.9%
Earnings Per Share, Basic -3 USD/shares +84.6%
Earnings Per Share, Diluted -3 USD/shares +84.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 140M USD +2.74%
Accounts Receivable, after Allowance for Credit Loss, Current 341M USD -5.43%
Other Assets, Current 39.9M USD +206%
Assets, Current 552M USD +1.36%
Property, Plant and Equipment, Net 258M USD +11.8%
Operating Lease, Right-of-Use Asset 412M USD +15.9%
Intangible Assets, Net (Excluding Goodwill) 930M USD -10%
Goodwill 523M USD -27%
Other Assets, Noncurrent 67.7M USD
Assets 2.79B USD -8.56%
Accounts Payable, Current 125M USD -20.6%
Employee-related Liabilities, Current 54.3M USD +256%
Accrued Liabilities, Current 147M USD +8.26%
Contract with Customer, Liability, Current 9.9M USD
Liabilities, Current 460M USD +2.53%
Deferred Income Tax Liabilities, Net 37.4M USD -82.1%
Operating Lease, Liability, Noncurrent 328M USD +18.9%
Other Liabilities, Noncurrent 48.4M USD +14.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.12M USD
Retained Earnings (Accumulated Deficit) -419M USD -38.8%
Stockholders' Equity Attributable to Parent 140M USD -38.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 196M USD -41.8%
Liabilities and Equity 2.79B USD -8.56%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 27.6M USD
Net Cash Provided by (Used in) Financing Activities -5.33M USD +96.6%
Net Cash Provided by (Used in) Investing Activities -11.2M USD +99.3%
Common Stock, Shares Authorized 50.7M shares +1.4%
Common Stock, Shares, Issued 31.2M shares +8.77%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 11.4M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 140M USD +1.59%
Deferred Tax Assets, Valuation Allowance 72.5M USD +18256%
Deferred Tax Assets, Gross 77.2M USD +24.7%
Operating Lease, Liability 422M USD +264%
Depreciation 11M USD +35.6%
Payments to Acquire Property, Plant, and Equipment 11.9M USD +140%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -113M USD +83.4%
Lessee, Operating Lease, Liability, to be Paid 502M USD +282%
Operating Lease, Liability, Current 101M USD +13.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 102M USD +197%
Lessee, Operating Lease, Liability, to be Paid, Year One 121M USD +146%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +88.2%
Deferred Income Tax Expense (Benefit) -2.79M USD -195%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 79.7M USD +413%
Lessee, Operating Lease, Liability, to be Paid, Year Three 78.1M USD +237%
Deferred Tax Assets, Operating Loss Carryforwards 12.6M USD +1890%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares
Unrecognized Tax Benefits 2.47M USD +1514%
Lessee, Operating Lease, Liability, to be Paid, Year Four 65M USD +425%
Additional Paid in Capital 556M USD +5.27%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 29.7M USD +136%
Depreciation, Depletion and Amortization 150M USD +20.7%
Deferred Tax Assets, Net of Valuation Allowance 4.73M USD -92.3%
Share-based Payment Arrangement, Expense 9M USD -12.5%
Interest Expense 70M USD +943%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares