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Forward Air FWRD Occupancy and equipment

Occupancy and equipment at other companies

Radiant Logistics logo
Radiant LogisticsRLGT
$4.25M+18.2%
Expeditors International of Washington logo
Expeditors International of WashingtonEXPD
$68.43M+4.1%

Segments

By segment

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Expedited Freight$16.42M-5.4%
Intermodal$6.1M+14.3%

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:OperatingLeaseExpense.

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 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
Other operating expenses55,57443,407111,16798,940

Item 1. Financial Statements

FAQ

What is Forward Air's occupancy and equipment?
Forward Air (FWRD) reported occupancy and equipment of $50.25M in Q2 2026.
How has Forward Air's occupancy and equipment changed year-over-year?
Forward Air's occupancy and equipment increased by 1.5% year-over-year, from $49.51M to $50.25M.
What is the long-term trend for Forward Air's occupancy and equipment?
Over 4 years (2021 to 2025), Forward Air's occupancy and equipment has grown at a 31.5% compound annual growth rate (CAGR), from $68.24M to $204.03M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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