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Forward Air (FWRD) Depreciation Expense (2018 - 2024)

Forward Air's Depreciation Expense history spans 7 years, with the latest figure at $2.0 million for Q3 2024.

  • For Q3 2024, Depreciation Expense fell 23.08% year-over-year to $2.0 million; the TTM value through Sep 2024 reached $4.1 million, down 76.68%, while the annual FY2022 figure was $30.3 million, 24.2% up from the prior year.
  • Depreciation Expense reached $2.0 million in Q3 2024 per FWRD's latest filing, down from $2.1 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $9.5 million in Q4 2021 to a low of -$11.2 million in Q4 2020.
  • Average Depreciation Expense over 5 years is $4.4 million, with a median of $5.8 million recorded in 2021.
  • Peak YoY movement for Depreciation Expense: tumbled 148.29% in 2020, then surged 864.68% in 2022.
  • A 5-year view of Depreciation Expense shows it stood at -$11.2 million in 2020, then skyrocketed by 184.82% to $9.5 million in 2021, then dropped by 21.48% to $7.5 million in 2022, then tumbled by 64.81% to $2.6 million in 2023, then fell by 23.08% to $2.0 million in 2024.
  • Per Business Quant, the three most recent readings for FWRD's Depreciation Expense are $2.0 million (Q3 2024), $2.1 million (Q1 2024), and $2.6 million (Q3 2023).