Growth Metrics

Forward Air (FWRD) Tax Rate (2016 - 2026)

Forward Air filings provide 18 years of Tax Rate readings, the most recent being 4.67% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 4242.0% to 4.67% in Q1 2026 year-over-year; TTM through Mar 2026 was 16.16%, a 881.0% increase, with the full-year FY2025 number at 3.72%, down 628.0% from a year prior.
  • Tax Rate hit 4.67% in Q1 2026 for Forward Air, down from 19.28% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 211.88% in Q4 2024 to a low of 47.09% in Q1 2025.
  • Median Tax Rate over the past 5 years was 24.54% (2022), compared with a mean of 27.46%.
  • Biggest five-year swings in Tax Rate: surged 18206bps in 2024 and later tumbled -19260bps in 2025.
  • Forward Air's Tax Rate stood at 29.58% in 2022, then grew by 1bps to 29.82% in 2023, then surged by 611bps to 211.88% in 2024, then crashed by -91bps to 19.28% in 2025, then plummeted by -124bps to 4.67% in 2026.
  • The last three reported values for Tax Rate were 4.67% (Q1 2026), 19.28% (Q4 2025), and 1.65% (Q3 2025) per Business Quant data.