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Forward Air FWRD Foreign Operations — Total Long-Lived Assets

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Forward Air in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The source filing: Forward Air’s 10-K, filed March 11, 2026.

Filed
Mar 11, 2026, 4:01 PM EDT
Fiscal year
FY2025
Accession
0001628280-26-016793
Line itemU.S OperationsForeign Operations
Total Revenues$2,165,076$330,042
Total Long-Lived Assets$2,037,661$102,259

Item 8, Item 15(a)(1) and (2), (a)(3), (b) and (c)

FAQ

What is Forward Air's foreign operations — total long-lived assets?
Forward Air (FWRD) reported foreign operations — total long-lived assets of $102.26M in Q4 2025.
What does foreign operations — total long-lived assets mean?
This metric measures the net book value of non-current, tangible, and intangible assets located or utilized within the company's international operating segments. It provides insight into the capital intensity and physical infrastructure footprint required to support foreign logistics and freight operations. Analyzing this balance sheet component helps evaluate the company's long-term commitment to international markets and the efficiency of its capital allocation in those regions.

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