Forward Air Debt to Equity Ratio 2010-2023 | 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 December 31, 2023 was 2.38.
| Forward Air Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 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 |
$0.557B |
$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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