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

Forward Air filings provide 7 years of Depreciation Expense readings, the most recent being $9.0 million for Q3 2024.

  • On a quarterly basis, Depreciation Expense fell 15.17% to $9.0 million in Q3 2024 year-over-year; TTM through Sep 2024 was $49.9 million, a 79.94% increase, with the full-year FY2023 number at $31.6 million, up 4.24% from a year prior.
  • Depreciation Expense hit $9.0 million in Q3 2024 for Forward Air, down from $9.2 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $31.6 million in Q4 2023 to a low of -$17.4 million in Q4 2021.
  • Median Depreciation Expense over the past 5 years was $6.5 million (2020), compared with a mean of $4.8 million.
  • Biggest five-year swings in Depreciation Expense: tumbled 394.36% in 2020 and later soared 13627.78% in 2021.
  • Forward Air's Depreciation Expense stood at -$14.2 million in 2020, then decreased by 22.77% to -$17.4 million in 2021, then surged by 142.78% to $7.5 million in 2022, then skyrocketed by 323.83% to $31.6 million in 2023, then crashed by 71.45% to $9.0 million in 2024.
  • The last three reported values for Depreciation Expense were $9.0 million (Q3 2024), $9.2 million (Q2 2024), and $31.6 million (Q4 2023) per Business Quant data.