Growth Metrics

Forward Air (FWRD) EBT Margin (2016 - 2026)

Forward Air filings provide 18 years of EBT Margin readings, the most recent being 6.6% for Q1 2026.

  • On a quarterly basis, EBT Margin rose 19.0% to 6.6% in Q1 2026 year-over-year; TTM through Mar 2026 was 5.84%, a 4068.0% increase, with the full-year FY2025 number at 5.9%, up 4461.0% from a year prior.
  • EBT Margin hit 6.6% in Q1 2026 for Forward Air, up from 7.15% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 16.81% in Q2 2022 to a low of 177.33% in Q2 2024.
  • Median EBT Margin over the past 5 years was 3.7% (2025), compared with a mean of 9.05%.
  • Biggest five-year swings in EBT Margin: crashed -18445bps in 2024 and later skyrocketed 17133bps in 2025.
  • Forward Air's EBT Margin stood at 10.28% in 2022, then plummeted by -160bps to 6.2% in 2023, then soared by 181bps to 5.0% in 2024, then tumbled by -243bps to 7.15% in 2025, then grew by 8bps to 6.6% in 2026.
  • The last three reported values for EBT Margin were 6.6% (Q1 2026), 7.15% (Q4 2025), and 3.7% (Q3 2025) per Business Quant data.