Growth Metrics

Forward Air (FWRD) Depreciation & Amortization (IS) (2016 - 2025)

Forward Air (FWRD) has disclosed Depreciation & Amortization (IS) for 17 consecutive years, with $40.7 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Depreciation & Amortization (IS) rose 8.14% year-over-year to $40.7 million, compared with a TTM value of $152.6 million through Dec 2025, up 6.01%, and an annual FY2025 reading of $152.6 million, up 6.01% over the prior year.
  • Depreciation & Amortization (IS) was $40.7 million for Q4 2025 at Forward Air, up from $37.7 million in the prior quarter.
  • Across five years, Depreciation & Amortization (IS) topped out at $48.6 million in Q2 2024 and bottomed at $6.9 million in Q4 2021.
  • Average Depreciation & Amortization (IS) over 5 years is $21.5 million, with a median of $12.8 million recorded in 2023.
  • The sharpest move saw Depreciation & Amortization (IS) fell 25.06% in 2021, then skyrocketed 267.23% in 2024.
  • Year by year, Depreciation & Amortization (IS) stood at $6.9 million in 2021, then rose by 9.55% to $7.6 million in 2022, then surged by 132.59% to $17.6 million in 2023, then soared by 114.22% to $37.7 million in 2024, then grew by 8.14% to $40.7 million in 2025.
  • Business Quant data shows Depreciation & Amortization (IS) for FWRD at $40.7 million in Q4 2025, $37.7 million in Q3 2025, and $36.8 million in Q2 2025.