Growth Metrics

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

Forward Air (FWRD) has disclosed Operating Leases for 7 consecutive years, with $327.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases changed 0.42% year-over-year to $327.0 million, compared with a TTM value of $327.0 million through Dec 2025, changed 0.42%, and an annual FY2025 reading of $327.0 million, changed 0.42% over the prior year.
  • Operating Leases was $327.0 million for Q4 2025 at Forward Air, roughly flat from $327.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $334.3 million in Q2 2025 and bottomed at $86.2 million in Q1 2021.
  • Average Operating Leases over 5 years is $185.5 million, with a median of $130.9 million recorded in 2022.
  • The sharpest move saw Operating Leases fell 24.63% in 2021, then surged 213.68% in 2024.
  • Year by year, Operating Leases stood at $101.4 million in 2021, then skyrocketed by 56.49% to $158.7 million in 2022, then fell by 2.13% 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.
  • Business Quant data shows Operating Leases for FWRD at $327.0 million in Q4 2025, $327.9 million in Q3 2025, and $334.3 million in Q2 2025.