Free cash flow · 2011–2025

Forward Air free cash flow

$15.3M+$121M · FY2025

Forward Air (FWRD) reported $15.3M in free cash flow for fiscal 2025, +$121M from the year before.

$55.7M2011$47.2M2012$55.4M2013$52.2M2014$45.2M2015$88.2M2016$65.1M2017$113M2018$137M2019$75.8M2020$82.2M2021$211M2022$168M2023−$106M2024$15.3M2025
Forward Air — Free cash flow, 2011–2025
Fiscal yearFree cash flowChangeFiling
FY2025$15.3M+$121MDerived
FY2024−$106M−$275MDerived
FY2023$168M−20.1%Derived
FY2022$211M+156.5%Derived
FY2021$82.2M+8.4%Derived
FY2020$75.8M−44.6%Derived
FY2019$137M+21.3%Derived
FY2018$113M+73.6%Derived
FY2017$65.1M−26.2%Derived
FY2016$88.2M+94.9%Derived
FY2015$45.2M−13.3%Derived
FY2014$52.2M−5.8%Derived
FY2013$55.4M+17.3%Derived
FY2012$47.2M−15.3%Derived
FY2011$55.7M—Derived

Free cash flow — Free cash flow is operating cash flow minus capital expenditure: what is left once the company has paid to maintain and expand its asset base. We calculate it from two lines in the same filing, and a company is only ranked here if it reported both.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth −8.8%

Calculated from two reported figures, so it has no single filing of its own.

Free cash flow at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Forward Air free cash flow |url=https://companiesranked.com/en/company/forward-air/free-cash-flow |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Forward Air free cash flow. CompaniesRanked. https://companiesranked.com/en/company/forward-air/free-cash-flow

BibTeX

@misc{companiesranked-en-company-forward-air-free-cash-flow-2026,
  author       = {{CompaniesRanked}},
  title        = {{Forward Air free cash flow}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/forward-air/free-cash-flow}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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