What is Forward Air's omni logistics — operating lease, cost?

Forward Air (FWRD) reported omni logistics — operating lease, cost of $27.7M in Q1 2026.

How has Forward Air's omni logistics — operating lease, cost changed year-over-year?

Forward Air's omni logistics — operating lease, cost increased by 2.3% year-over-year, from $27.09M to $27.7M.

What does omni logistics — operating lease, cost mean?

Represents the periodic rental and lease expenses for facilities, equipment, or vehicles utilized by the Omni Logistics segment. This metric highlights the segment's reliance on leased assets versus owned infrastructure.

Forward Air FWRD Omni Logistics — Operating Lease, Cost

Other segment segments

Expedited Freight Segment

$15.53M+0.6%

Intermodal Segment

$5.78M+0.1%

Similar metrics at other companies

MUROther — Operating Lease, Expense

$800K+100%

FOperating Lease Cost

$186M+14.5%

CYRXOperating Lease Expense

$1.24M-35.3%

DKLogistics — Operating Expenses

$47M+14.9%

DKLOperating Lease Expense

$1.1M-51.4%

MATXLogistics Services — Operating Expenses

$144.5M+6.2%

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

See full

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:OperatingLeaseCost.

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 — operating lease, cost?: Forward Air (FWRD) reported omni logistics — operating lease, cost of $27.7M in Q1 2026.
How has Forward Air's omni logistics — operating lease, cost changed year-over-year?: Forward Air's omni logistics — operating lease, cost increased by 2.3% year-over-year, from $27.09M to $27.7M.
What does omni logistics — operating lease, cost mean?: Represents the periodic rental and lease expenses for facilities, equipment, or vehicles utilized by the Omni Logistics segment. This metric highlights the segment's reliance on leased assets versus owned infrastructure.