FORWARD AIR CORP Quarterly Interest Expense in USD from Q1 2010 to Q1 2024

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: Forward Air Corp quarterly/annual Interest Expense history and growth rate from Q1 2010 to Q1 2024.
Forward Air Corp Interest Expense for the quarter ending March 31, 2024 was $40.8M, a 1630% increase year-over-year.
Forward Air Corp Interest Expense for the twelve months ending March 31, 2024 was $70M, a 943% increase year-over-year.
Forward Air Corp annual Interest Expense for 2023 was $31.6M, a 514% increase from 2022.
Forward Air Corp annual Interest Expense for 2022 was $5.14M, a 18.4% increase from 2021.
Forward Air Corp annual Interest Expense for 2021 was $4.34M, a 4.89% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Quarterly (USD)

Interest Expense, YoY Quarterly Growth (%)

Period	TTM Value	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
Q1 2024	$70M	$40.8M	+$38.4M	+1630%	Jan 1, 2024	Mar 31, 2024	10-Q	2024-05-15
Q4 2023	$31.6M	$24M	+$22.4M	+1383%	Oct 1, 2023	Dec 31, 2023	10-K	2024-03-15
Q3 2023	$9.21M	$2.66M	+$1.11M	+72%	Jul 1, 2023	Sep 30, 2023	10-Q	2023-11-09
Q2 2023	$8.1M	$2.59M	+$1.39M	+117%	Apr 1, 2023	Jun 30, 2023	10-Q	2023-08-07
Q1 2023	$6.71M	$2.36M	+$1.57M	+200%	Jan 1, 2023	Mar 31, 2023	10-Q	2024-05-15
Q4 2022	$5.14M	$1.62M	+$740K	+84.4%	Oct 1, 2022	Dec 31, 2022	10-K	2024-03-15
Q3 2022	$4.4M	$1.54M	+$571K	+58.7%	Jul 1, 2022	Sep 30, 2022	10-Q	2023-11-09
Q2 2022	$3.83M	$1.19M	-$130K	-9.83%	Apr 1, 2022	Jun 30, 2022	10-Q	2023-08-07
Q1 2022	$3.96M	$784K	-$381K	-32.7%	Jan 1, 2022	Mar 31, 2022	10-Q	2023-05-10
Q4 2021	$4.34M	$877K	-$329K	-27.3%	Oct 1, 2021	Dec 31, 2021	10-K	2024-03-15
Q3 2021	$4.67M	$973K	-$331K	-25.4%	Jul 1, 2021	Sep 30, 2021	10-Q	2022-11-09
Q2 2021	$5M	$1.32M	+$125K	+10.4%	Apr 1, 2021	Jun 30, 2021	10-Q	2022-08-09
Q1 2021	$4.87M	$1.17M	+$312K	+36.6%	Jan 1, 2021	Mar 31, 2021	10-Q	2022-05-09
Q4 2020	$4.56M	$1.21M	+$412K	+51.9%	Oct 1, 2020	Dec 31, 2020	10-K	2021-03-01
Q3 2020	$4.15M	$1.3M	+$543K	+71.4%	Jul 1, 2020	Sep 30, 2020	10-Q	2021-11-08
Q2 2020	$3.61M	$1.2M	+$617K	+106%	Apr 1, 2020	Jun 30, 2020	10-Q	2021-08-10
Q1 2020	$2.99M	$853K	+$278K	+48.3%	Jan 1, 2020	Mar 31, 2020	10-Q	2021-05-04
Q4 2019	$2.71M	$794K	+$337K	+73.7%	Oct 1, 2019	Dec 31, 2019	10-K	2021-03-01
Q3 2019	$2.37M	$761K	+$289K	+61.2%	Jul 1, 2019	Sep 30, 2019	10-Q	2020-10-30
Q2 2019	$2.09M	$581K	+$98K	+20.3%	Apr 1, 2019	Jun 30, 2019	10-Q	2020-07-31
Q1 2019	$1.99M	$575K	+$204K	+55%	Jan 1, 2019	Mar 31, 2019	10-Q	2020-05-01
Q4 2018	$1.78M	$457K	+$54K	+13.4%	Oct 1, 2018	Dec 31, 2018	10-K	2021-03-01
Q3 2018	$1.73M	$472K	+$184K	+63.9%	Jul 1, 2018	Sep 30, 2018	10-Q	2019-10-25
Q2 2018	$1.55M	$483K	+$247K	+105%	Apr 1, 2018	Jun 30, 2018	10-Q	2019-07-26
Q1 2018	$1.3M	$371K	+$89K	+31.6%	Jan 1, 2018	Mar 31, 2018	10-Q	2019-04-25
Q4 2017	$1.21M	$403K	+$36K	+9.81%	Oct 1, 2017	Dec 31, 2017	10-K	2020-02-24
Q3 2017	$1.17M	$288K	+$72K	+33.3%	Jul 1, 2017	Sep 30, 2017	10-Q	2018-10-25
Q2 2017	$1.1M	$236K	-$225K	-48.8%	Apr 1, 2017	Jun 30, 2017	10-Q	2018-07-26
Q1 2017	$1.33M	$282K	-$271K	-49%	Jan 1, 2017	Mar 31, 2017	10-Q	2018-04-26
Q4 2016	$1.6M	$367K	-$192K	-34.3%	Oct 1, 2016	Dec 31, 2016	10-K	2019-02-20
Q3 2016	$1.79M	$216K	-$338K	-61%	Jul 1, 2016	Sep 30, 2016	10-Q	2017-10-26
Q2 2016	$2.13M	$461K	-$109K	-19.1%	Apr 1, 2016	Jun 30, 2016	10-Q	2017-07-27
Q1 2016	$2.24M	$553K	+$189K	+51.9%	Jan 1, 2016	Mar 31, 2016	10-Q	2017-04-27
Q4 2015	$2.05M	$559K	+$304K	+119%	Oct 1, 2015	Dec 31, 2015	10-K	2018-02-23
Q3 2015	$1.74M	$554K	+$382K	+222%	Jul 1, 2015	Sep 30, 2015	10-Q	2016-10-26
Q2 2015	$1.36M	$570K	+$469K	+464%	Apr 1, 2015	Jun 30, 2015	10-Q	2016-07-27
Q1 2015	$892K	$364K	+$282K	+344%	Jan 1, 2015	Mar 31, 2015	10-Q	2016-04-27
Q4 2014	$610K	$255K	+$124K	+94.7%	Oct 1, 2014	Dec 31, 2014	10-K	2017-02-22
Q3 2014	$486K	$172K	+$27K	+18.6%	Jul 1, 2014	Sep 30, 2014	10-Q	2015-10-23
Q2 2014	$459K	$101K	-$27K	-21.1%	Apr 1, 2014	Jun 30, 2014	10-Q	2015-07-24
Q1 2014	$486K	$82K	-$46K	-35.9%	Jan 1, 2014	Mar 31, 2014	10-Q	2015-04-24
Q4 2013	$532K	$131K	-$19K	-12.7%	Oct 1, 2013	Dec 31, 2013	10-K	2016-02-19
Q3 2013	$551K	$145K	+$34K	+30.6%	Jul 1, 2013	Sep 30, 2013	10-Q	2014-10-24
Q2 2013	$517K	$128K	+$49K	+62%	Apr 1, 2013	Jun 30, 2013	10-Q	2014-07-25
Q1 2013	$468K	$128K	+$77K	+151%	Jan 1, 2013	Mar 31, 2013	10-Q	2014-04-25
Q4 2012	$391K	$150K	-$2K	-1.32%	Oct 1, 2012	Dec 31, 2012	10-K	2015-02-20
Q3 2012	$393K	$111K	-$20K	-15.3%	Jul 1, 2012	Sep 30, 2012	10-Q	2013-10-25
Q2 2012	$413K	$79K	-$62K	-44%	Apr 1, 2012	Jun 30, 2012	10-Q	2013-07-25
Q1 2012	$475K	$51K	-$144K	-73.8%	Jan 1, 2012	Mar 31, 2012	10-Q	2013-04-25
Q4 2011	$619K	$152K	-$391K	-72%	Oct 1, 2011	Dec 31, 2011	10-K	2014-02-19
Q3 2011	$1.01M	$131K	-$60K	-31.4%	Jul 1, 2011	Sep 30, 2011	10-Q	2012-10-26
Q2 2011	$1.07M	$141K	-$40K	-22.1%	Apr 1, 2011	Jun 30, 2011	10-Q	2012-07-27
Q1 2011	$1.11M	$195K	+$380K		Jan 1, 2011	Mar 31, 2011	10-Q	2012-04-26
Q4 2010	$730K	$543K			Oct 1, 2010	Dec 31, 2010	10-K	2013-02-15
Q3 2010		$191K			Jul 1, 2010	Sep 30, 2010	10-Q	2011-10-28
Q2 2010		$181K			Apr 1, 2010	Jun 30, 2010	10-Q/A	2011-08-26
Q1 2010		-$185K			Jan 1, 2010	Mar 31, 2010	10-Q	2011-04-25

* An asterisk sign (*) next to the value indicates that the value is likely invalid.