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Foward Air Corp (FWRD)

Foward Air Corp (FWRD)
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Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air provides services within four business segments: Expedited LTL (provides expedited regional, inter-regional and national LTL services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals); Truckload Brokerage (provides expedited truckload brokerage, dedicated fleet services, as well as high-security and temperature-controlled logistics services); Intermodal (provides first-and last-mile high-value drayage services both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services); and Pool Distribution (provides high-frequency handling and distribution of time sensitive product to numerous destinations within a specific geographic region).

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 631,230 631,760 618,840 613,280 632,850
Sales Growth -0.08% +2.09% +0.91% -3.09% -3.52%
Net Income -28,330 -16,250 -12,580 -50,640 -36,420
Net Income Growth -74.34% -29.17% +75.16% -39.04% +50.39%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 2,718,940 2,794,200 2,761,240 2,803,840 2,802,640
Total Assets Growth -2.69% +1.19% -1.52% +0.04% -8.29%
Total Liabilities 2,557,280 2,598,360 2,544,990 2,576,840 2,516,770
Total Liabilities Growth -1.58% +2.10% -1.24% +2.39% -7.45%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow 44,380 67,110 14,400 27,620 -69,020
Operating Cash Flow Growth -33.87% +366.04% -47.86% +140.02% -50.80%
Net Cash Flow 730 35,090 -9,960 11,410 -1,846,810
Change in Net Cash Flow -97.92% +452.31% -187.29% +100.62% -1.81%
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