Growth Metrics

Forward Air (FWRD) Rent Expense (2016 - 2026)

Forward Air filings provide 18 years of Rent Expense readings, the most recent being $49.7 million for Q1 2026.

  • On a quarterly basis, Rent Expense rose 1.89% to $49.7 million in Q1 2026 year-over-year; TTM through Mar 2026 was $204.9 million, a 6.64% increase, with the full-year FY2025 number at $204.0 million, up 11.98% from a year prior.
  • Rent Expense hit $49.7 million in Q1 2026 for Forward Air, down from $53.6 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 $14.2 million in Q4 2022.
  • Median Rent Expense over the past 5 years was $38.8 million (2024), compared with a mean of $35.8 million.
  • Biggest five-year swings in Rent Expense: decreased 21.75% in 2023 and later surged 149.85% in 2024.
  • Forward Air's Rent Expense stood at $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, then decreased by 7.22% to $49.7 million in 2026.
  • The last three reported values for Rent Expense were $49.7 million (Q1 2026), $53.6 million (Q4 2025), and $52.2 million (Q3 2025) per Business Quant data.