Growth Metrics

Forward Air (FWRD) Payables (2016 - 2025)

Forward Air's Payables history spans 17 years, with the latest figure at $121.8 million for Q4 2025.

  • For Q4 2025, Payables rose 15.2% year-over-year to $121.8 million; the TTM value through Dec 2025 reached $121.8 million, up 15.2%, while the annual FY2025 figure was $121.8 million, 15.2% up from the prior year.
  • Payables reached $121.8 million in Q4 2025 per FWRD's latest filing, down from $124.8 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $157.2 million in Q3 2024 to a low of $37.1 million in Q2 2023.
  • Average Payables over 5 years is $77.5 million, with a median of $50.4 million recorded in 2022.
  • Peak YoY movement for Payables: fell 21.01% in 2023, then soared 286.83% in 2024.
  • A 5-year view of Payables shows it stood at $44.8 million in 2021, then increased by 11.72% to $50.1 million in 2022, then dropped by 9.31% to $45.4 million in 2023, then soared by 132.65% to $105.7 million in 2024, then rose by 15.2% to $121.8 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Payables are $121.8 million (Q4 2025), $124.8 million (Q3 2025), and $115.1 million (Q2 2025).