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Forward Air FWRD Intermodal — Insurance and claims

Other segment segments

Expedited Freight
$10.02M-6.3%
Omni Logistics
$276K-77.9%

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JBHTDCS — Operating Insurance And Claims Costs Production
$48.8M+9.4%

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:OperatingInsuranceAndClaimsCostsProduction.

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
Three Months Ended June 30, 2026Expedited FreightOmni LogisticsIntermodalCorporate and EliminationsTotal
Salaries, wages and employee benefits57,56862,22613,783(3,537)130,040
Operating leases16,41627,4666,10027050,252
Depreciation and amortization8,49523,8783,8822,00738,262
Insurance and claims10,0182761,7991,58513,678
Fuel expense3,6684572,541(22)6,644
Other operating expenses20,06820,0823,43111,99355,574
Impairment of goodwill244,006244,006
Segment profit (loss)$34,893$(230,010)$6,101$(12,296)$(201,312)

Item 1. Financial Statements

FAQ

What is Forward Air's intermodal — insurance and claims?
Forward Air (FWRD) reported intermodal — insurance and claims of $1.8M in Q2 2026.
How has Forward Air's intermodal — insurance and claims changed year-over-year?
Forward Air's intermodal — insurance and claims decreased by 42.8% year-over-year, from $3.15M to $1.8M.
What is the long-term trend for Forward Air's intermodal — insurance and claims?
Over 3 years (2022 to 2025), Forward Air's intermodal — insurance and claims has grown at a 8.7% compound annual growth rate (CAGR), from $9.09M to $11.67M.
What does intermodal — insurance and claims mean?
This metric tracks the costs associated with insurance premiums and the settlement of cargo or liability claims within the intermodal segment. It serves as a key indicator of operational risk management and the safety performance of the segment's logistics activities.

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