Growth Metrics

Forward Air (FWRD) Total Debt (2016 - 2025)

Forward Air (FWRD) has disclosed Total Debt for 17 consecutive years, with $1.7 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Total Debt changed 0.33% year-over-year to $1.7 billion, compared with a TTM value of $1.7 billion through Dec 2025, changed 0.33%, and an annual FY2025 reading of $1.7 billion, changed 0.33% over the prior year.
  • Total Debt was $1.7 billion for Q4 2025 at Forward Air, down from $1.7 billion in the prior quarter.
  • Across five years, Total Debt topped out at $1.7 billion in Q3 2025 and bottomed at $12.6 million in Q4 2023.
  • Average Total Debt over 5 years is $757.4 million, with a median of $162.7 million recorded in 2021.
  • The sharpest move saw Total Debt crashed 89.09% in 2023, then surged 13287.58% in 2024.
  • Year by year, Total Debt stood at $161.6 million in 2021, then decreased by 28.26% to $115.9 million in 2022, then plummeted by 89.09% to $12.6 million in 2023, then soared by 13287.58% to $1.7 billion in 2024, then dropped by 0.33% to $1.7 billion in 2025.
  • Business Quant data shows Total Debt for FWRD at $1.7 billion in Q4 2025, $1.7 billion in Q3 2025, and $1.7 billion in Q2 2025.