What is Forward Air's fuel?

Forward Air (FWRD) reported fuel of $4.93M in Q1 2026.

How has Forward Air's fuel changed year-over-year?

Forward Air's fuel decreased by 12.8% year-over-year, from $5.65M to $4.93M.

What is the long-term trend for Forward Air's fuel?

Over 4 years (2021 to 2025), Forward Air's fuel has grown at a 5.1% compound annual growth rate (CAGR), from $16.48M to $20.12M.

Forward Air FWRD Fuel

Fuel at other companies

FedExFDX

$856M-3.7%

United Parcel Service, Inc.UPS

$1.08B+2.4%

Covenant Logistics GroupCVLG

——

Schneider NationalSNDR

——

Knight-Swift Transportation Holdings Inc.KNX

——

Heartland ExpressHTLD

——

Segments

By segment

See full

Intermodal Segment$2.37M+10.0%

Expedited Freight Segment$2.05M-16.9%

Omni Logistics$504K-50.4%

Other financials

Income statement

See full

Revenue$582.0M-5.1%

Operating income$20.4M+329%

Net income-$34.3M+32.2%

EPS (diluted)-$1.09+35.1%

Balance sheet

See full

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

See full

Operating cash flow$45.7M+65.6%

CapEx$6.9M-41.7%

Free cash flow$38.8M+147%

Valuation

See full

Market cap$451.92M-33.0%

Enterprise value$2.46B-9.2%

P/S0.2×-0.1×

Profitability

See full

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: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 fuel?: Forward Air (FWRD) reported fuel of $4.93M in Q1 2026.
How has Forward Air's fuel changed year-over-year?: Forward Air's fuel decreased by 12.8% year-over-year, from $5.65M to $4.93M.
What is the long-term trend for Forward Air's fuel?: Over 4 years (2021 to 2025), Forward Air's fuel has grown at a 5.1% compound annual growth rate (CAGR), from $16.48M to $20.12M.