| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | 48.75% | 44.60% | 43.40% | 56.71% | 57.95% | — | — |
| Operating Margin | 1.46% | -42.96% | 6.44% | 13.48% | 9.58% | 5.82% | 8.42% | 9.24% | 9.87% | 6.10% | 8.53% | 12.34% |
| EBITDA Margin | 7.58% | -37.14% | 10.62% | 15.88% | 11.96% | 8.75% | 11.41% | 12.43% | 13.60% | 9.99% | 12.40% | 16.33% |
| Net Margin | -4.32% | -33.02% | 12.21% | 9.79% | 6.37% | 1.87% | 6.18% | 6.97% | 7.93% | 2.82% | 5.79% | 7.83% |
| Current Ratio | 1.22 | 1.23 | 1.46 | 1.80 | 1.72 | 1.43 | 1.72 | 2.69 | 2.71 | 1.75 | 1.59 | 3.45 |
| Quick Ratio | 1.22 | 1.23 | 1.46 | 1.80 | 1.72 | 1.43 | 1.71 | 2.66 | 2.68 | 1.73 | 1.58 | 3.43 |
| Debt / Equity | 10.44 | 5.86 | 0.00 | 0.15 | 0.26 | 0.21 | 0.13 | 0.09 | 0.08 | 0.06 | 0.16 | 0.00 |
| ROE | -66.68% | -285.79% | 21.90% | 27.32% | 17.83% | 4.34% | 15.09% | 16.64% | 16.37% | 5.54% | 10.90% | 13.20% |
| ROA | -3.96% | -29.15% | 5.62% | 15.99% | 9.47% | 2.27% | 8.79% | 12.11% | 12.70% | 4.31% | 7.94% | 11.29% |
| Asset Turnover | 0.92 | 0.88 | 0.46 | 1.63 | 1.49 | 1.21 | 1.42 | 1.74 | 1.60 | 1.53 | 1.37 | 1.44 |
| Book Value / Share | 5.26 | 10.38 | 29.39 | 26.27 | 21.75 | 19.76 | 20.39 | 18.95 | 17.80 | 16.39 | 16.43 | 14.92 |
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.