Business Segments Forward Air Corporation

Equities

FWRD

US34986A1043

Air Freight & Logistics

Market Closed - Nasdaq Other stock markets 21:00:00 12/12/2025 GMT			5-day change	1st Jan Change
25.47 ^USD	-0.12%		-1.66%	-21.02%

11-06	Forward Air Corporation, Q3 2025 Earnings Call, Nov 05, 2025
11-05	Logistics services provider Forward Air Q3 revenue misses estimates	RE

Sales 2024 by Business Segment

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Sales 2024 by Geography

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Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Services Incidental to Road Transportation of Freight
Omni Logistics	-	-	-	-	1.2B
Total Assets	-	-	-	-	1.73B
D&A	-	-	-	-	83.54M
Operating Income	-	-	-	-	-1.04B
Expedited Freight	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Road Transportation of Freight
Expedited Freight (Incl.Truckload Premium Services)	1.07B	1.37B	1.55B	1.1B	1.12B
Total Assets	905M	778M	683M	661M	691M
CAPEX	-19.82M	-36.36M	-39.46M	-29.93M	-
D&A	27.03M	28.84M	31.89M	37.41M	41.86M
Operating Income	71.27M	139M	211M	116M	67.95M
Intermodal	200M	289M	420M	274M	233M
Total Assets	222M	249M	322M	270M	257M
Interest Expense	-	-	-	-	-
CAPEX	-448K	-2.74M	-1.27M	-797K	-
D&A	9.98M	10.65M	15.39M	19.99M	18.44M
Operating Income	16.39M	30.12M	56.87M	25.33M	18.92M
Truckload Premium	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Total Quality, Inc. (TQI)	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Corporate	-	-	-	-	164K
Total Assets	-	90.59M	203M	2.05B	128M
Interest Expense	-	-	-	-	-
D&A	-	63K	101K	-	139K
Operating Income	-	-10.14M	-1.87M	-53.16M	-105M
Eliminations	-	-1.06M	-205K	-266K	-
Total Assets	-	-219K	-67K	-59K	-
Eliminations and Other	-2.33M	-	-	-	-70.74M
Interest Expense	-	-	-	-	-
Total Assets	-154M	-	-	-	-
D&A	120K	-	-	-	-
Operating Income	-13.73M	-	-	-	-
Ground Courier Services
Pool Distribution	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Forward Air	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024