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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Forward Air (FWRD) EBITDA Margin (2016 - 2025)

Historic EBITDA Margin for Forward Air (FWRD) over the last 17 years, with Q3 2025 value amounting to 3.76%.

  • Forward Air's EBITDA Margin rose 74100.0% to 3.76% in Q3 2025 from the same period last year, while for Sep 2025 it was 6.96%, marking a year-over-year increase of 443900.0%. This contributed to the annual value of 9.45% for FY2023, which is 70900.0% down from last year.
  • According to the latest figures from Q3 2025, Forward Air's EBITDA Margin is 3.76%, which was up 74100.0% from 2.55% recorded in Q2 2025.
  • Over the past 5 years, Forward Air's EBITDA Margin peaked at 25.27% during Q4 2021, and registered a low of 151.04% during Q2 2024.
  • For the 5-year period, Forward Air's EBITDA Margin averaged around 4.58%, with its median value being 5.05% (2021).
  • As far as peak fluctuations go, Forward Air's EBITDA Margin tumbled by -1570200bps in 2024, and later surged by 1484900bps in 2025.
  • Quarter analysis of 5 years shows Forward Air's EBITDA Margin stood at 25.27% in 2021, then crashed by -50bps to 12.53% in 2022, then crashed by -64bps to 4.49% in 2023, then crashed by -349bps to 11.16% in 2024, then soared by 66bps to 3.76% in 2025.
  • Its last three reported values are 3.76% in Q3 2025, 2.55% for Q2 2025, and 9.93% during Q1 2025.