Growth Metrics

Forward Air (FWRD) Shares Outstanding (2016 - 2025)

Forward Air's Shares Outstanding history spans 17 years, with the latest figure at $31.3 million for Q4 2025.

  • For Q4 2025, Shares Outstanding rose 5.26% year-over-year to $31.3 million; the TTM value through Dec 2025 reached $31.3 million, up 5.26%, while the annual FY2025 figure was $31.3 million, 5.26% up from the prior year.
  • Shares Outstanding reached $31.3 million in Q4 2025 per FWRD's latest filing, roughly flat from $31.2 million in the prior quarter.
  • In the past five years, Shares Outstanding ranged from a high of $31.3 million in Q4 2025 to a low of $25.7 million in Q3 2023.
  • Average Shares Outstanding over 5 years is $27.7 million, with a median of $27.0 million recorded in 2021.
  • Peak YoY movement for Shares Outstanding: dropped 4.07% in 2023, then rose 15.93% in 2024.
  • A 5-year view of Shares Outstanding shows it stood at $27.0 million in 2021, then dropped by 1.88% to $26.5 million in 2022, then fell by 2.99% to $25.7 million in 2023, then increased by 15.93% to $29.8 million in 2024, then increased by 5.26% to $31.3 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Shares Outstanding are $31.3 million (Q4 2025), $31.2 million (Q3 2025), and $30.6 million (Q2 2025).