Forward Air (FWRD) Total Debt (2009 - 2026)

Forward Air has reported Total Debt for 18 years, with the latest figure at $1.7 billion in Q1 2026.

• For the quarter ending Q1 2026, Total Debt changed 0.34% year-over-year to $1.7 billion; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (changed 0.34% YoY), and the FY2025 full-year result was $1.7 billion, changed 0.33% from the prior year.
• Total Debt for Q1 2026 stood at $1.7 billion, roughly flat from $1.7 billion in the prior quarter.
• The five-year high for Total Debt was $1.7 billion in Q3 2025, with the low at $12.6 million in Q4 2023.
• Historically, Total Debt has averaged $954.8 million across 5 years, with a median of $1.7 billion in 2025.
• Annual changes were most pronounced in 2023 — Total Debt slumped 89.09% — and 2024, when it jumped 13287.58%.
• Forward Air's Total Debt stood at $115.9 million in 2022, then tumbled by 89.09% to $12.6 million in 2023, then jumped by 13287.58% to $1.7 billion in 2024, then declined by 0.33% to $1.7 billion in 2025, then increased by 0.18% to $1.7 billion in 2026.
• The last three Total Debt figures came in at $1.7 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.