# Forward Air Corporation (FWRD) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $113M |
| 2024 | $202M |
| 2023 | $764M |
| 2022 | $707M |
| 2021 | $594M |
| 2020 | $547M |
| 2019 | $577M |
| 2018 | $553M |
| 2017 | $533M |
| 2016 | $498M |
| 2015 | $509M |
| 2014 | $464M |
| 2013 | $436M |
| 2012 | $352M |
| 2011 | $287M |
| 2010 | $256M |
| 2009 | $225M |

Source: [CompaniesByCap](https://companiesbycap.com/company/FWRD/shareholders-equity)