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Forward Air FWRD Omni Logistics — Fuel expense

Other segment segments

Intermodal Segment
$2.37M+10.0%
Expedited Freight Segment
$2.05M-16.9%

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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 omni logistics — fuel expense?
Forward Air (FWRD) reported omni logistics — fuel expense of $504K in Q1 2026.
How has Forward Air's omni logistics — fuel expense changed year-over-year?
Forward Air's omni logistics — fuel expense decreased by 50.4% year-over-year, from $1.02M to $504K.
What does omni logistics — fuel expense mean?
Represents the direct costs of fuel consumed by vehicles or equipment operated by the Omni Logistics segment. This metric is highly sensitive to market energy prices and the fuel efficiency of the segment's logistics network.