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Forward Air FWRD Aircraft fuel

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Segments

By segment

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Intermodal Segment$2.37M+10.0%
Expedited Freight Segment$2.05M-16.9%
Omni Logistics$504K-50.4%

Other financials

Income statement

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Revenue$582.0M-5.1%
Operating income$20.4M+329%
Net income-$34.3M+32.2%
EPS (diluted)-$1.09+35.1%

Balance sheet

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Cash & equivalents$141.0M+20.9%
Total debt$2.2B-0.1%
Total equity$81.0M-47.6%
Total assets$2.7B-3.9%

Cash flow

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Operating cash flow$45.7M+65.6%
CapEx$6.9M-41.7%
Free cash flow$38.8M+147%

Valuation

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Market cap$451.92M-33.0%
Enterprise value$2.46B-9.2%
P/S0.2×-0.1×

Profitability

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Gross margin48.7%
Operating margin2.2%+1.1pp
Net margin-3.7%-1.7pp
FCF margin0.6%+0.3pp

Returns & leverage

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Return on equity-77.6%-25.2pp
Debt / equity26.5×+12.6×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Forward Air in its filing.

Tagged under the XBRL concept us-gaap:FuelCosts.

The official record: Forward Air’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Forward Air's aircraft fuel?
Forward Air (FWRD) reported aircraft fuel of $4.93M in Q1 2026.
How has Forward Air's aircraft fuel changed year-over-year?
Forward Air's aircraft fuel decreased by 12.8% year-over-year, from $5.65M to $4.93M.
What is the long-term trend for Forward Air's aircraft fuel?
Over 4 years (2021 to 2025), Forward Air's aircraft fuel has grown at a 5.1% compound annual growth rate (CAGR), from $16.48M to $20.12M.
What does aircraft fuel mean?
This metric captures the total expenditure on aviation fuel and associated fuel taxes required for air-based logistics operations. It is a critical variable cost that fluctuates based on global energy prices and the volume of air freight transported. Monitoring this helps assess the company's exposure to fuel price volatility and its ability to pass these costs to customers.