Revenue
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Forward Air Corp (FWRD)
Price$17.89Cached quote
Net income
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.50B | $2.47B | $1.37B | $1.68B | $1.39B | $1.27B | $1.22B | $1.14B | $1.17B | $1.03B | $959.1M | $781.0M | $652.5M | $584.4M | $536.4M | $483.9M | $417.4M | $474.4M |
| Gross profit | $338.2M | $339.7M | $330.2M | $491.7M | — | $618.9M | $629.0M | $573.3M | $624.3M | $569.4M | — | — | — | — | — | — | — | — |
| Gross margin | 13.55% | 13.73% | 24.09% | 29.27% | — | 48.75% | 51.77% | 50.39% | 53.38% | 55.27% | — | — | — | — | — | — | — | — |
| Operating expenses | $2.46B | $3.54B | $1.28B | $1.43B | $1.24B | $1.20B | $1.10B | $1.02B | $1.06B | $970.5M | $877.4M | $684.6M | $568.1M | $500.9M | $459.3M | $430.2M | $398.9M | $404.2M |
| Operating income | $36.4M | −$1.06B | $88.2M | $247.6M | $147.0M | $73.9M | $112.4M | $117.2M | $108.8M | $59.7M | $81.8M | $96.4M | $84.4M | $83.5M | $77.1M | $53.7M | $18.6M | $70.3M |
| Operating margin | 1.46% | −42.96% | 6.44% | 14.74% | 10.60% | 5.82% | 9.25% | 10.30% | 9.30% | 5.80% | 8.53% | 12.34% | 12.93% | 14.29% | 14.38% | 11.10% | 4.44% | 14.81% |
| EBITDA | $189.1M | −$919.0M | $145.6M | $290.1M | $182.0M | $111.0M | $148.8M | $153.0M | $149.8M | $97.9M | $118.9M | $127.5M | $107.9M | $104.6M | $98.1M | $74.2M | $38.3M | — |
| EBITDA margin | 7.58% | −37.14% | 10.62% | 17.27% | 13.12% | 8.75% | 12.25% | 13.45% | 12.81% | 9.50% | 12.40% | 16.33% | 16.54% | 17.89% | 18.29% | 15.33% | 9.17% | — |
| Net income | −$107.8M | −$817.0M | $167.4M | $193.2M | $105.9M | $23.7M | $87.1M | $92.1M | $87.3M | $27.5M | $55.6M | $61.2M | $54.5M | $52.7M | $47.2M | $32.0M | $9.8M | $42.5M |
| Net profit margin | −4.32% | −33.02% | 12.21% | 11.50% | 7.63% | 1.87% | 7.17% | 8.09% | 7.46% | 2.67% | 5.79% | 7.83% | 8.35% | 9.01% | 8.80% | 6.62% | 2.35% | 8.97% |
| Basic EPSper basic share | -$3.51 | -$30.63 | $6.42 | $7.17 | $3.87 | $0.84 | $3.06 | $3.14 | $2.90 | $0.90 | $1.80 | $1.99 | $1.81 | $1.82 | $1.62 | $1.11 | $0.34 | $1.48 |
| Diluted EPSper diluted share | -$3.51 | -$30.63 | $6.40 | $7.14 | $3.85 | $0.84 | $3.04 | $3.12 | $2.89 | $0.90 | $1.78 | $1.96 | $1.77 | $1.78 | $1.60 | $1.10 | $0.34 | $1.47 |
Owners
Reported shareholders
11.34%of listed shares
CLEARLAKE CAPITAL GROUP, L.P.3.83M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
CLEARLAKE CAPITAL GROUP, L.P. | 11.34%3.83M shares |
Cetus Capital VI, L.P. | ≈9.24%3.12M shares |
BlackRock, Inc. | 8.22%2.77M shares |
FMR LLC | 5.95%2.01M shares |
Bracebridge Capital, LLC | 4.16%1.4M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.47%1.17M shares |
PRIVATE MANAGEMENT GROUP INC | 3.40%1.15M shares |
CIBC WORLD MARKET INC. | 3.18%1.07M shares |
D. E. Shaw & Co., Inc. | 2.96%1M shares |
HRT FINANCIAL LP | 2.33%785.95K shares |
BARCLAYS PLC | 2.09%706.62K shares |
DEUTSCHE BANK AG\ | 1.82%613.84K shares |
BNP PARIBAS FINANCIAL MARKETS | 1.77%596.86K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.72%581.42K shares |
STATE STREET CORP | 1.72%579.83K shares |
Qube Research & Technologies Ltd | 1.67%565.05K shares |
JANE STREET GROUP, LLC | 1.46%492.46K shares |
MORGAN STANLEY | 1.38%464.49K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.26%425.29K shares |
MILLENNIUM MANAGEMENT LLC | 1.25%422.19K shares |
Percentages use 33.74M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Nov 12, 2025Form 4 | Cetus Capital VI, L.P.TenPercentOwner | SellCommon Stock | 10.0K | $22.38 | $223.8K | 3.12M |
| Nov 11, 2025Form 4 | Cetus Capital VI, L.P.TenPercentOwner | SellCommon Stock | 67.2K | $21.71 | $1.46M | 3.13M |
| Nov 10, 2025Form 4 | Cetus Capital VI, L.P.TenPercentOwner | SellCommon Stock | 30.0K | $22.66 | $679.8K | 3.19M |
| Nov 10, 2025Form 4 | Cetus Capital VI, L.P.TenPercentOwner | SellCommon Stock | 90.0K | $21.55 | $1.94M | 3.22M |
| Nov 6, 2025Form 4 | Cetus Capital VI, L.P.TenPercentOwner | SellCommon Stock | 284 | $22.39 | $6.4K | 3.31M |