Growth Metrics

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

Historic Net Margin for Forward Air (FWRD) over the last 17 years, with Q1 2025 value amounting to 9.98%.

  • Forward Air's Net Margin changed N/A to 9.98% in Q1 2025 from the same period last year, while for Sep 2025 it was 2.47%, marking a year-over-year decrease of 75300.0%. This contributed to the annual value of 0.26% for FY2024, which is 93400.0% down from last year.
  • Per Forward Air's latest filing, its Net Margin stood at 9.98% for Q1 2025.
  • Over the past 5 years, Forward Air's Net Margin peaked at 34.41% during Q4 2023, and registered a low of 9.98% during Q1 2025.
  • Its 5-year average for Net Margin is 2.14%, with a median of 0.69% in 2023.
  • Per our database at Business Quant, Forward Air's Net Margin skyrocketed by 334400bps in 2023 and then tumbled by -344700bps in 2024.
  • Forward Air's Net Margin (Quarter) stood at 6.21% in 2021, then crashed by -84bps to 0.98% in 2022, then soared by 3427bps to 34.41% in 2023, then crashed by -100bps to 0.06% in 2024, then crashed by -16783bps to 9.98% in 2025.
  • Its Net Margin stands at 9.98% for Q1 2025, versus 0.06% for Q4 2024 and 0.17% for Q3 2024.