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Forward Air Corporation (FWRD)
Industrials · Integrated Freight & Logistics · NasdaqGS
Forward Air Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.17B | $1.14B | $1.22B | $1.27B | $1.39B | $1.97B | $1.37B | $2.47B | $2.50B |
| Gross profit | $569.41M | $624.25M | $573.30M | $629.05M | $618.91M | — | — | — | — | — |
| Net income | $27.50M | $87.25M | $92.05M | $87.10M | $23.73M | $105.86M | $193.19M | $167.35M | $-816.97M | $-141.72M |
| Net margin | 2.7% | 7.5% | 8.1% | 7.2% | 1.9% | 7.6% | 9.8% | 12.2% | -33.0% | -5.7% |
Source: Forward Air Corporation SEC filings (10-K). 18 years of history available in the interactive view.
Explore 18 years of Forward Air Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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About Forward Air Corporation
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was incorporated in 1981 and is headquartered in Dallas, Texas.
Forward Air Corporation — frequently asked questions
What is Forward Air Corporation's revenue?
Forward Air Corporation (FWRD) reported revenue of $2.50B for fiscal year 2025, up 0.8% from the prior year, according to its SEC filings.
Is Forward Air Corporation profitable?
No — FWRD reported a net loss of $-141.72M in fiscal 2025.
What is FWRD's P/E ratio?
Forward Air Corporation trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Forward Air Corporation growing?
FWRD's revenue grew at roughly 14.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from Forward Air Corporation's official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.