Skip to content
Screener

Forward Air FWRD Compensation and benefits

Compensation and benefits at other companies

Old Dominion Freight Line logo
Old Dominion Freight LineODFL
$687.35M+2.3%
C.H. Robinson Worldwide logo
C.H. Robinson WorldwideCHRW
$352.72M+1.2%
FedEx logo
FedExFDX
$8.57B+11.4%
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
$12.65B+8.8%
XPO
XPOXPO
$929M+6.7%
Universal Logistics Holdings, Inc. logo
Universal Logistics Holdings, Inc.ULH
$176.2M+7.1%

Segments

By segment

See full
Omni Logistics$62.23M+1.0%
Expedited Freight$57.57M+6.7%
Intermodal$13.78M-10.4%

Other financials

Income statement

See full
Revenue$673.0M+8.8%
Operating income-$201.3M-1,131%
Net income-$207.3M-1,547%
EPS (diluted)-$6.38-1,456%

Balance sheet

See full
Cash & equivalents$139.4M+46.3%
Total debt$2.1B-2.4%
Total equity-$115.4M-176%
Total assets$2.4B-12.7%

Cash flow

See full
Operating cash flow$45.7M+65.6%
CapEx$3.2M-32.3%
Free cash flow$38.8M+147%

Valuation

See full
Market cap$653.66M-27.1%
Enterprise value$2.62B-11.3%
P/S0.3×-0.1×

Profitability

See full
Gross margin48.7%
Operating margin-6.6%-8.5pp
Net margin-11.4%+21.6pp
FCF margin0.6%+0.3pp

Returns & leverage

See full
Return on equity-77.6%-25.2pp
Debt / equity26.5×+12.6×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Forward Air in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Forward Air’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053329
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Operating revenues$673,036$618,844$1,255,082$1,232,125
Operating expenses:
Purchased transportation335,892303,300619,669607,562
Salaries, wages and employee benefits130,040145,490245,616287,405
Operating leases50,25249,50599,96598,298
Depreciation and amortization38,26236,80676,78374,166
Insurance and claims13,67815,53627,17630,542
Fuel expense6,6445,27811,57110,927

Item 1. Financial Statements

FAQ

What is Forward Air's compensation and benefits?
Forward Air (FWRD) reported compensation and benefits of $130.04M in Q2 2026.
How has Forward Air's compensation and benefits changed year-over-year?
Forward Air's compensation and benefits decreased by 10.6% year-over-year, from $145.49M to $130.04M.
What is the long-term trend for Forward Air's compensation and benefits?
Over 4 years (2021 to 2025), Forward Air's compensation and benefits has grown at a 16.8% compound annual growth rate (CAGR), from $288.17M to $535.68M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

Ask your AI about Forward Air's compensation and benefits.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude