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Income Statement
Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRent ExpenseRevenueShares OutstandingShares Outstanding (Weighted Average)Tax ProvisionsTax RateTax RateWages, Salaries and Other
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Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationAmortization - GoodwillCost of RevenueDepreciation & Amortization (IS)EBIATGross ProfitLeasesLong-Term Debt IssuancesLong-Term Debt RepaymentsOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetReceivables - OtherRent ExpenseShares IssuedShares OutstandingShares OutstandingWages, Salaries and Other
Ratios

Forward Air (FWRD) Rent Expense (2016 - 2025)

Forward Air's Rent Expense history spans 17 years, with the latest figure at $53.6 million for Q4 2025.

  • For Q4 2025, Rent Expense rose 10.87% year-over-year to $53.6 million; the TTM value through Dec 2025 reached $204.0 million, up 11.98%, while the annual FY2025 figure was $204.0 million, 11.98% up from the prior year.
  • Rent Expense reached $53.6 million in Q4 2025 per FWRD's latest filing, up from $52.2 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $53.6 million in Q4 2025 to a low of $8.2 million in Q4 2021.
  • Average Rent Expense over 5 years is $31.4 million, with a median of $23.8 million recorded in 2022.
  • Peak YoY movement for Rent Expense: tumbled 52.32% in 2021, then skyrocketed 149.85% in 2024.
  • A 5-year view of Rent Expense shows it stood at $8.2 million in 2021, then surged by 73.85% to $14.2 million in 2022, then surged by 47.31% to $20.9 million in 2023, then surged by 131.14% to $48.3 million in 2024, then grew by 10.87% to $53.6 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Rent Expense are $53.6 million (Q4 2025), $52.2 million (Q3 2025), and $49.5 million (Q2 2025).