FORWARD AIR CORP financial data

Symbol
FWRD on Nasdaq
Location
Dallas, TX
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 11 Mar 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 118% % -6.3%
Return On Equity -54% % 62%
Return On Assets -3.9% % 85%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31,554,245 shares 3.8%
Common Stock, Shares, Outstanding 31,326,561 shares 5.3%
Entity Public Float $598,540,233 USD 13%
Common Stock, Value, Issued $313,000 USD 5%
Weighted Average Number of Shares Outstanding, Basic 30,718,000 shares 12%
Weighted Average Number of Shares Outstanding, Diluted 30,718,000 shares 12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $2,495,118,000 USD 0.84%
Costs and Expenses $2,458,694,000 USD -30%
Operating Income (Loss) $36,424,000 USD -104%
Nonoperating Income (Expense) $183,621,000 USD 1.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $147,197,000 USD 88%
Income Tax Expense (Benefit) $5,472,000 USD 96%
Net Income (Loss) Attributable to Parent $107,796,000 USD 87%
Earnings Per Share, Basic -3.51 USD/shares 88%
Earnings Per Share, Diluted -3.51 USD/shares 88%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $105,996,000 USD 1%
Accounts Receivable, after Allowance for Credit Loss, Current $343,559,000 USD 6.6%
Other Assets, Current $37,254,000 USD 138%
Assets, Current $521,001,000 USD 10%
Operating Lease, Right-of-Use Asset $412,535,000 USD 0.6%
Intangible Assets, Net (Excluding Goodwill) $906,791,000 USD -9.2%
Goodwill $522,712,000 USD 0%
Other Assets, Noncurrent $58,023,000 USD -19%
Assets $2,718,944,000 USD -3%
Accounts Payable, Current $121,752,000 USD 15%
Employee-related Liabilities, Current $47,384,000 USD -13%
Accrued Liabilities, Current $114,422,000 USD -4.5%
Contract with Customer, Liability, Current $13,184,000 USD 33%
Liabilities, Current $428,325,000 USD 12%
Deferred Income Tax Liabilities, Net $27,221,000 USD -29%
Operating Lease, Liability, Noncurrent $327,011,000 USD 0.42%
Other Liabilities, Noncurrent $53,540,000 USD 9.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax $580,000 USD
Retained Earnings (Accumulated Deficit) $447,100,000 USD -32%
Stockholders' Equity Attributable to Parent $113,344,000 USD -44%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $161,664,000 USD -43%
Liabilities and Equity $2,718,944,000 USD -3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $27,615,000 USD
Net Cash Provided by (Used in) Financing Activities $5,325,000 USD 97%
Net Cash Provided by (Used in) Investing Activities $11,239,000 USD 99%
Common Stock, Shares Authorized 50,000,000 shares 0%
Common Stock, Shares, Issued 31,326,561 shares 5.3%
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 $11,408,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $105,996,000 USD 0.69%
Deferred Tax Assets, Valuation Allowance $113,247,000 USD 56%
Deferred Tax Assets, Gross $139,109,000 USD 80%
Operating Lease, Liability $434,037,000 USD 2.8%
Payments to Acquire Property, Plant, and Equipment $11,906,000 USD 140%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $104,484,000 USD 87%
Lessee, Operating Lease, Liability, to be Paid $514,058,000 USD 2.4%
Operating Lease, Liability, Current $107,026,000 USD 11%
Lessee, Operating Lease, Liability, to be Paid, Year Two $114,574,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year One $133,367,000 USD 10%
Operating Lease, Weighted Average Discount Rate, Percent 0.066 pure 3.1%
Deferred Income Tax Expense (Benefit) $2,792,000 USD -195%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $80,021,000 USD 0.39%
Lessee, Operating Lease, Liability, to be Paid, Year Three $92,866,000 USD 19%
Deferred Tax Assets, Operating Loss Carryforwards $24,284,000 USD 92%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Unrecognized Tax Benefits $6,502,000 USD 205%
Lessee, Operating Lease, Liability, to be Paid, Year Four $71,845,000 USD 11%
Additional Paid in Capital $559,551,000 USD 3.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $29,687,000 USD 136%
Depreciation, Depletion and Amortization $152,638,000 USD 6%
Deferred Tax Assets, Net of Valuation Allowance $25,862,000 USD 447%
Share-based Payment Arrangement, Expense $9,001,000 USD -13%
Interest Expense $69,969,000 USD 943%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%