Forward Air FWRD
NASDAQ FWRD
$15.91 +0.41 (+2.65%)
At close: Oct 2, 2026 · 4:00 PM EDT

Forward Air (FWRD) Cost of Revenue (2018 - 2019)

Updated

Forward Air (FWRD) reported Cost of Revenue of $650.66 million for FY2020, up 11.0% from $586.14 million in FY2019.

Analysis

Forward Air (FWRD) Cost of Revenue (2018 - 2019) Analysis & Trends

Dating back to FY2016, Forward Air's Cost of Revenue record includes 5 years.

  • Cost of Revenue has increased for four consecutive years, with a four-year compound annual growth rate of 9.0% (FY2016 to FY2020).
  • The FY2020 figure ranks as the highest annual Cost of Revenue in data going back to FY2016.
  • According to Business Quant data, Cost of Revenue came in at $586.14 million in FY2019 (+3.9%), $564.31 million in FY2018 (+3.5%), $545.09 million in FY2017 (+18.3%) and $460.8 million in FY2016.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Union Pacific 165.28 Bn 159.81 Bn - -
2 Csx 87.86 Bn 84.08 Bn - -
3 Canadian Pacific Kansas City 75.56 Bn 75.27 Bn - -
4 Norfolk Southern 71.27 Bn 65.91 Bn - -
5 United Parcel Service 69.70 Bn 46.62 Bn - -
6 Fedex 68.71 Bn 34.65 Bn - -
7 Delta Air Lines 55.32 Bn 37.50 Bn - -
8 Old Dominion Freight Line 37.44 Bn 36.71 Bn - -
9 United Airlines Holdings 36.52 Bn -19.85 Bn - -
10 Forward Air 536.74 Mn 2.68 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2019 123.40 Mn
Sep 30, 2019 163.61 Mn
Jun 30, 2019 155.12 Mn
Mar 31, 2019 144.01 Mn
Dec 31, 2018 113.48 Mn
Sep 30, 2018 155.45 Mn
Jun 30, 2018 155.72 Mn
Mar 31, 2018 139.67 Mn
API Access

Forward Air Cost of Revenue API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FWRD&period=max&api_key=YOUR_API_KEY