Growth Metrics

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

Forward Air's Total Debt history spans 17 years, with the latest figure at $1.7 billion for Q4 2025.

  • For Q4 2025, Total Debt changed 0.33% year-over-year to $1.7 billion; the TTM value through Dec 2025 reached $1.7 billion, changed 0.33%, while the annual FY2025 figure was $1.7 billion, 0.33% changed from the prior year.
  • Total Debt reached $1.7 billion in Q4 2025 per FWRD's latest filing, down from $1.7 billion in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $1.7 billion in Q3 2025 to a low of $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.
  • Peak YoY movement for Total Debt: crashed 89.09% in 2023, then surged 13287.58% in 2024.
  • A 5-year view of Total Debt shows it 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.
  • Per Business Quant, the three most recent readings for FWRD's Total Debt are $1.7 billion (Q4 2025), $1.7 billion (Q3 2025), and $1.7 billion (Q2 2025).