Growth Metrics

Forward Air (FWRD) EBIAT (2016 - 2025)

Forward Air (FWRD) has disclosed EBIAT for 17 consecutive years, with -$43.9 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, EBIAT fell 3809.46% year-over-year to -$43.9 million, compared with a TTM value of -$141.7 million through Dec 2025, up 87.47%, and an annual FY2025 reading of -$141.7 million, up 87.47% over the prior year.
  • EBIAT was -$43.9 million for Q4 2025 at Forward Air, down from -$16.2 million in the prior quarter.
  • Across five years, EBIAT topped out at $101.7 million in Q4 2023 and bottomed at -$971.3 million in Q2 2024.
  • Average EBIAT over 5 years is -$39.8 million, with a median of $15.6 million recorded in 2021.
  • The sharpest move saw EBIAT surged 281.77% in 2022, then tumbled 4968.66% in 2024.
  • Year by year, EBIAT stood at $50.7 million in 2021, then fell by 15.3% to $42.9 million in 2022, then skyrocketed by 136.93% to $101.7 million in 2023, then crashed by 98.84% to $1.2 million in 2024, then plummeted by 3809.46% to -$43.9 million in 2025.
  • Business Quant data shows EBIAT for FWRD at -$43.9 million in Q4 2025, -$16.2 million in Q3 2025, and -$20.4 million in Q2 2025.