FWRD
Forward Air Corporation
NASDAQ: FWRD · INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS
$21.06
-2.09% today
Updated 2026-04-30
Market cap
$739.63M
P/E ratio
—
P/S ratio
0.30x
EPS (TTM)
$-3.51
Dividend yield
—
52W range
$14 – $32
Volume
0.7M
Forward Air Corporation (FWRD) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $212.60M | $213.01M | $241.88M | $307.53M | $316.64M | $348.80M | $341.15M | $399.19M | $506.27M | $541.80M | $700.17M | $641.29M | $687.72M | $760.22M | $990.88M | $1.05B | $1.12B | $1.21B | $2.98B | $2.80B |
| Cash & equivalents | $332000.00 | $8.23M | $4.91M | $22.09M | $42.03M | $74.50M | $58.80M | $112.18M | $127.37M | $41.43M | $33.31M | $8.51M | $3.89M | $25.66M | $64.75M | $40.25M | $37.32M | $45.82M | $121.97M | $104.90M |
| Current assets | $136.73M | $127.56M | $71.45M | $91.59M | $107.13M | $145.96M | $139.72M | $198.40M | $220.36M | $149.96M | $173.46M | $136.27M | $162.74M | $201.08M | $236.32M | $245.90M | $282.81M | $304.31M | $347.03M | $472.50M |
| Total liabilities | $33.78M | $27.79M | $70.15M | $91.09M | $91.99M | $92.71M | $54.25M | $47.52M | $70.40M | $78.24M | $190.12M | $142.22M | $154.23M | $206.97M | $413.70M | $500.06M | $524.17M | $500.83M | $2.22B | $2.52B |
| Current liabilities | $25.96M | $19.13M | $26.82M | $26.16M | $29.55M | $27.61M | $33.93M | $27.92M | $34.61M | $43.43M | $109.04M | $77.93M | $60.13M | $74.72M | $137.16M | $171.62M | $164.69M | $169.40M | $237.09M | $384.05M |
| Long-term debt | $837000.00 | $796000.00 | $31.49M | $53.03M | $52.17M | $50.00M | $333000.00 | $58000.00 | $3000.00 | $1.27M | $27.78M | $725000.00 | $40.22M | $47.28M | $67.34M | $112.40M | $165.04M | $106.59M | $1.79B | $1.68B |
| Shareholder equity | $178.82M | $185.23M | $171.73M | $216.43M | $224.65M | $256.09M | $286.90M | $351.67M | $435.87M | $463.56M | $510.06M | $499.07M | $533.49M | $553.24M | $577.18M | $547.33M | $593.65M | $707.24M | $764.26M | $201.73M |
| Retained earnings | $178.50M | $184.92M | $171.45M | $205.90M | $207.73M | $231.50M | $270.50M | $286.74M | $327.83M | $333.15M | $348.89M | $319.26M | $337.85M | $342.66M | $350.03M | $304.14M | $334.91M | $436.12M | $480.32M | $-338.23M |
| Accounts receivable | $50.94M | $51.89M | $59.73M | $60.63M | $55.72M | $62.76M | $70.92M | $75.26M | $76.50M | $95.33M | $128.04M | $116.60M | $152.38M | $161.42M | $136.21M | $156.49M | $216.18M | $188.23M | $158.68M | $322.50M |
| Inventory | $567000.00 | $501000.00 | $558000.00 | $669000.00 | $938000.00 | $830000.00 | $881000.00 | $901000.00 | $1.05M | $1.06M | $1.31M | $1.31M | $1.43M | $2.24M | $2.13M | $21.00M | — | $1.00 | — | — |
| Goodwill | $15.59M | $15.59M | $36.05M | $50.23M | $43.33M | $43.33M | $43.33M | $43.33M | $88.50M | $144.41M | $205.61M | $184.68M | $191.67M | $199.09M | $215.70M | $244.98M | $266.75M | $257.99M | $278.71M | $522.71M |