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

Forward Air's Capital Expenditures history spans 17 years, with the latest figure at $8.4 million for Q4 2025.

  • For Q4 2025, Capital Expenditures rose 15.19% year-over-year to $8.4 million; the TTM value through Dec 2025 reached $29.1 million, down 21.44%, while the annual FY2025 figure was $29.1 million, 21.44% down from the prior year.
  • Capital Expenditures reached $8.4 million in Q4 2025 per FWRD's latest filing, up from $4.1 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $15.4 million in Q4 2021 to a low of $2.7 million in Q1 2021.
  • Average Capital Expenditures over 5 years is $8.6 million, with a median of $8.5 million recorded in 2023.
  • Peak YoY movement for Capital Expenditures: soared 301.15% in 2021, then tumbled 67.11% in 2025.
  • A 5-year view of Capital Expenditures shows it 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.
  • Per Business Quant, the three most recent readings for FWRD's Capital Expenditures are $8.4 million (Q4 2025), $4.1 million (Q3 2025), and $4.7 million (Q2 2025).