Growth Metrics

Forward Air (FWRD) Capital Leases (2016 - 2025)

Forward Air (FWRD) has disclosed Capital Leases for 16 consecutive years, with $22.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Capital Leases fell 27.45% year-over-year to $22.4 million, compared with a TTM value of $22.4 million through Dec 2025, down 27.45%, and an annual FY2025 reading of $22.4 million, down 27.45% over the prior year.
  • Capital Leases was $22.4 million for Q4 2025 at Forward Air, down from $26.1 million in the prior quarter.
  • Across five years, Capital Leases topped out at $35.0 million in Q2 2024 and bottomed at $8.8 million in Q1 2022.
  • Average Capital Leases over 5 years is $23.1 million, with a median of $23.5 million recorded in 2023.
  • The sharpest move saw Capital Leases surged 118.06% in 2023, then decreased 27.45% in 2025.
  • Year by year, Capital Leases stood at $9.6 million in 2021, then surged by 65.54% to $15.8 million in 2022, then skyrocketed by 68.75% to $26.7 million in 2023, then rose by 15.42% to $30.9 million in 2024, then fell by 27.45% to $22.4 million in 2025.
  • Business Quant data shows Capital Leases for FWRD at $22.4 million in Q4 2025, $26.1 million in Q3 2025, and $29.2 million in Q2 2025.