| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 44.38 M USD | -69.02 M USD | 199.21 M USD | 259.09 M USD | 124.90 M USD | 96.11 M USD | 159.02 M USD | 152.55 M USD | 103.36 M USD | 130.35 M USD | 85.72 M USD | 91.66 M USD |
| Depreciation & Amortization | 152.64 M USD | 143.98 M USD | 57.41 M USD | 47.39 M USD | 39.55 M USD | 37.13 M USD | 42.11 M USD | 42.18 M USD | 41.05 M USD | 38.21 M USD | 37.16 M USD | 31.13 M USD |
| Stock-Based Compensation | 13.43 M USD | 10.19 M USD | 11.49 M USD | 11.38 M USD | 10.91 M USD | 11.03 M USD | 11.91 M USD | 10.55 M USD | 8.10 M USD | 8.33 M USD | 7.49 M USD | 6.68 M USD |
| Capital Expenditures | 29.12 M USD | 37.06 M USD | 30.73 M USD | 40.73 M USD | 39.11 M USD | 20.27 M USD | 28.21 M USD | 42.29 M USD | 38.27 M USD | 42.19 M USD | 40.49 M USD | 39.49 M USD |
| Cash Flow from Investing | -26.91 M USD | -1.61 B USD | -83.69 M USD | -104.46 M USD | -96.33 M USD | -81.51 M USD | -63.91 M USD | -55.46 M USD | -59.19 M USD | -52.39 M USD | -100.92 M USD | -127.71 M USD |
| Cash Flow from Financing | -17.53 M USD | -163.83 M USD | 1.79 B USD | -146.12 M USD | -31.50 M USD | -39.09 M USD | -56.01 M USD | -75.33 M USD | -48.79 M USD | -102.76 M USD | 7.08 M USD | -49.89 M USD |
| Dividends Paid | 0 USD | 0 USD | 25.00 M USD | 25.86 M USD | 22.98 M USD | 20.87 M USD | 20.49 M USD | 18.43 M USD | 18.05 M USD | 15.53 M USD | 14.82 M USD | 14.79 M USD |
| Stock Buybacks | 0 USD | 0 USD | 93.81 M USD | 62.77 M USD | 48.99 M USD | 45.25 M USD | 56.20 M USD | 66.13 M USD | 48.98 M USD | 39.98 M USD | 19.99 M USD | 39.97 M USD |
| Free Cash Flow | 15.27 M USD | -106.08 M USD | 168.49 M USD | 218.36 M USD | 85.79 M USD | 75.84 M USD | 130.81 M USD | 110.26 M USD | 65.10 M USD | 88.16 M USD | 45.23 M USD | 52.17 M USD |
Forward Air Corporation is an integrated freight and logistics company headquartered in Greeneville, Tennessee. Founded in 1981, it specializes in providing asset-light expedited transportation solutions across North America and internationally, including the United States, Mexico, Europe, Asia, and Canada. The company operates through three main segments: Expedited Freight, offering less-than-truckload regional and national expedited services along with warehousing and customs brokerage; Omni Logistics, which provides global air and ocean freight forwarding, warehousing, and supply chain solutions; and Intermodal, focusing on container drayage and related warehouse handling services. Forward Air serves a diverse customer base comprising freight forwarders, third-party logistics providers, integrated air cargo carriers, airlines, steamship lines, and retailers. It is known for its single-source capability to deliver a broad menu of ground transportation and logistics services with high reliability, speed, and precision, supporting the air freight and expedited LTL markets with guaranteed and time-definite delivery options.