Balance Sheet
Cash Flow Statement
AcquisitionsAmortization of GoodwillCapital ExpendituresCash from Discontinued OperationsCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Accured ExpensesChange in CashChange in ReceivablesDeferred TaxesDepreciation & Amortization (CF)Exchange Rate EffectFree Cash FlowGains from Investment SecuritiesLong-Term Debt RepaymentsNet Cash FlowNet IncomeOther Working Capital ChangesOther financing activitiesSales of Property, Plant and EquipmentShare-based CompensationShares Issued
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Forward Air (FWRD) Capital Expenditures (2016 - 2025)

Forward Air (FWRD) has disclosed Capital Expenditures for 17 consecutive years, with $8.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures rose 15.19% year-over-year to $8.4 million, compared with a TTM value of $29.1 million through Dec 2025, down 21.44%, and an annual FY2025 reading of $29.1 million, down 21.44% over the prior year.
  • Capital Expenditures was $8.4 million for Q4 2025 at Forward Air, up from $4.1 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $15.4 million in Q4 2021 and bottomed at $2.7 million in Q1 2021.
  • Average Capital Expenditures over 5 years is $8.8 million, with a median of $8.5 million recorded in 2023.
  • The sharpest move saw Capital Expenditures skyrocketed 548.99% in 2021, then tumbled 67.11% in 2025.
  • Year by year, Capital Expenditures stood at $15.4 million in 2021, then decreased by 9.81% to $13.9 million in 2022, then plummeted by 37.59% to $8.6 million in 2023, then fell by 16.14% to $7.2 million in 2024, then rose by 15.19% to $8.4 million in 2025.
  • Business Quant data shows Capital Expenditures for FWRD at $8.4 million in Q4 2025, $4.1 million in Q3 2025, and $4.7 million in Q2 2025.