Forward Air Debt to Equity Ratio 2010-2024 | FWRD

Current and historical debt to equity ratio values for Forward Air (FWRD) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Forward Air debt/equity for the three months ending September 30, 2024 was 5.07.
Forward Air Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2024-09-30 $2.72B $0.34B 8.08
2024-06-30 $2.70B $0.36B 7.42
2024-03-31 $2.63B $1.33B 1.97
2023-12-31 $2.22B $0.76B 2.90
2023-09-30 $0.53B $0.67B 0.79
2023-06-30 $0.51B $0.67B 0.76
2023-03-31 $0.54B $0.69B 0.79
2022-12-31 $0.50B $0.71B 0.71
2022-09-30 $0.50B $0.68B 0.74
2022-06-30 $0.53B $0.66B 0.80
2022-03-31 $0.56B $0.61B 0.91
2021-12-31 $0.52B $0.59B 0.88
2021-09-30 $0.52B $0.56B 0.93
2021-06-30 $0.53B $0.55B 0.97
2021-03-31 $0.47B $0.55B 0.87
2020-12-31 $0.50B $0.55B 0.91
2020-09-30 $0.50B $0.55B 0.90
2020-06-30 $0.51B $0.57B 0.89
2020-03-31 $0.50B $0.57B 0.88
2019-12-31 $0.41B $0.58B 0.72
2019-09-30 $0.42B $0.56B 0.75
2019-06-30 $0.39B $0.55B 0.70
2019-03-31 $0.33B $0.55B 0.60
2018-12-31 $0.21B $0.55B 0.37
2018-09-30 $0.20B $0.55B 0.36
2018-06-30 $0.17B $0.54B 0.31
2018-03-31 $0.16B $0.53B 0.31
2017-12-31 $0.16B $0.53B 0.30
2017-09-30 $0.16B $0.51B 0.32
2017-06-30 $0.14B $0.52B 0.27
2017-03-31 $0.14B $0.50B 0.27
2016-12-31 $0.14B $0.50B 0.29
2016-09-30 $0.15B $0.50B 0.29
2016-06-30 $0.16B $0.49B 0.32
2016-03-31 $0.18B $0.51B 0.35
2015-12-31 $0.19B $0.51B 0.37
2015-09-30 $0.21B $0.49B 0.42
2015-06-30 $0.22B $0.49B 0.45
2015-03-31 $0.24B $0.48B 0.50
2014-12-31 $0.08B $0.46B 0.16
2014-09-30 $0.08B $0.45B 0.19
2014-06-30 $0.08B $0.45B 0.18
2014-03-31 $0.08B $0.45B 0.18
2013-12-31 $0.07B $0.44B 0.16
2013-09-30 $0.07B $0.42B 0.17
2013-06-30 $0.06B $0.40B 0.16
2013-03-31 $0.07B $0.38B 0.17
2012-12-31 $0.05B $0.35B 0.14
2012-09-30 $0.05B $0.34B 0.15
2012-06-30 $0.05B $0.32B 0.16
2012-03-31 $0.06B $0.31B 0.20
2011-12-31 $0.05B $0.29B 0.19
2011-09-30 $0.10B $0.27B 0.38
2011-06-30 $0.10B $0.28B 0.36
2011-03-31 $0.10B $0.27B 0.37
2010-12-31 $0.09B $0.26B 0.36
2010-09-30 $0.10B $0.24B 0.40
2010-06-30 $0.10B $0.24B 0.40
2010-03-31 $0.09B $0.23B 0.41
2009-12-31 $0.09B $0.23B 0.41
2009-09-30 $0.09B $0.22B 0.40
2009-06-30 $0.09B $0.22B 0.42
2009-03-31 $0.09B $0.21B 0.41
Sector Industry Market Cap Revenue
Transportation Transportation - Truck $0.894B $1.371B
Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air provides services within four business segments: Expedited LTL (provides expedited regional, inter-regional and national LTL services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals); Truckload Brokerage (provides expedited truckload brokerage, dedicated fleet services, as well as high-security and temperature-controlled logistics services); Intermodal (provides first-and last-mile high-value drayage services both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services); and Pool Distribution (provides high-frequency handling and distribution of time sensitive product to numerous destinations within a specific geographic region).
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