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Forward Air FWRD PP&E (Net)

PP&E (Net) at other companies

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Segments

By geography

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Foreign Operations$102.26M

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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 itemJune 30, 2026December 31, 2025
Prepaid expenses26,46528,045
Other current assets41,63037,254
Total current assets583,116521,001
Property and equipment, net of accumulated depreciation and amortization of $352,920 in 2026 and $340,021 in 2025274,670297,882
Operating lease right-of-use assets361,426412,535
Goodwill278,706522,712
Other intangible assets, net of accumulated amortization of $346,229 in 2026 and $301,453 in 2025860,915906,791
Other long-term assets52,01258,023

Item 1. Financial Statements

FAQ

What is Forward Air's PP&E (net)?
Forward Air (FWRD) reported PP&E (net) of $274.67M in Q2 2026.
How has Forward Air's PP&E (net) changed year-over-year?
Forward Air's PP&E (net) decreased by 14.5% year-over-year, from $321.33M to $274.67M.
What is the long-term trend for Forward Air's PP&E (net)?
Over 5 years (2020 to 2025), Forward Air's PP&E (net) has grown at a 9.4% compound annual growth rate (CAGR), from $189.87M to $297.88M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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