Growth Metrics

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

Forward Air (FWRD) has disclosed Total Liabilities for 17 consecutive years, with $2.6 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Total Liabilities fell 1.68% year-over-year to $2.6 billion, compared with a TTM value of $2.6 billion through Dec 2025, down 1.68%, and an annual FY2025 reading of $2.6 billion, down 1.68% over the prior year.
  • Total Liabilities was $2.6 billion for Q4 2025 at Forward Air, roughly flat from $2.5 billion in the prior quarter.
  • Across five years, Total Liabilities topped out at $2.7 billion in Q2 2024 and bottomed at -$685.6 million in Q1 2023.
  • Average Total Liabilities over 5 years is $884.2 million, with a median of $524.9 million recorded in 2023.
  • The sharpest move saw Total Liabilities tumbled 232.57% in 2022, then soared 501.58% in 2024.
  • Year by year, Total Liabilities stood at $524.2 million in 2021, then dropped by 4.45% to $500.8 million in 2022, then soared by 342.32% to $2.2 billion in 2023, then increased by 17.41% to $2.6 billion in 2024, then fell by 1.68% to $2.6 billion in 2025.
  • Business Quant data shows Total Liabilities for FWRD at $2.6 billion in Q4 2025, $2.5 billion in Q2 2025, and -$227.0 million in Q1 2025.