Growth Metrics

Forward Air (FWRD) Operating Leases (2019 - 2025)

Forward Air's Operating Leases history spans 7 years, with the latest figure at $327.0 million for Q4 2025.

  • For Q4 2025, Operating Leases changed 0.42% year-over-year to $327.0 million; the TTM value through Dec 2025 reached $327.0 million, changed 0.42%, while the annual FY2025 figure was $327.0 million, 0.42% changed from the prior year.
  • Operating Leases reached $327.0 million in Q4 2025 per FWRD's latest filing, roughly flat from $327.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $334.3 million in Q2 2025 to a low of $86.2 million in Q1 2021.
  • Average Operating Leases over 5 years is $185.3 million, with a median of $130.9 million recorded in 2022.
  • Peak YoY movement for Operating Leases: plummeted 43.04% in 2022, then surged 213.68% in 2024.
  • A 5-year view of Operating Leases shows it stood at $163.1 million in 2021, then tumbled by 43.04% to $92.9 million in 2022, then soared by 67.19% to $155.3 million in 2023, then surged by 109.65% to $325.6 million in 2024, then rose by 0.42% to $327.0 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Operating Leases are $327.0 million (Q4 2025), $327.9 million (Q3 2025), and $334.3 million (Q2 2025).