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Forward Air Corp (FWRD): Free Cash Flow

Operating cash flow minus capital expenditures for the same annual period and currency, computed by TickerFacts from the filed figures. A simple proxy, not a reported figure; a year without both inputs is left out.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2021-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$15.27M
Year ended 2025-12-31
$48.22M
Trailing 12 months to 2026-06-30
-58.3%
3-year compound annual growth
$210.91M2018-12-31: $102.84M2019-12-31: $123.52M2020-12-31: $75.84M2021-12-31: $82.23M2022-12-31: $210.91M2023-12-31: $168.49M2024-12-31: -$106.08M2025-12-31: $15.27M$15.27M
2018-12-31 Free Cash Flow (USD) 2025-12-31
Period endedFree Cash FlowChange YoYSource filing
2025-12-31$15.27Mn/m2026-03-11, From 2025-01-01
2024-12-31-$106.08Mn/m2026-03-11, From 2024-01-01
2023-12-31$168.49M-20.1%2026-03-11, From 2023-01-01
2022-12-31$210.91M+156.5%2025-03-24, From 2022-01-01
2021-12-31$82.23Mn/c2024-03-15, From 2021-01-01
2020-12-31$75.84M-38.6%2023-03-01, From 2020-01-01
2019-12-31$123.52M+20.1%2022-03-01, From 2019-01-01
2018-12-31$102.84Mn/a2021-03-01, From 2018-01-01

Free Cash Flow at similar companies

Companies with the same SEC industry code (Arrangement of Transportation of Freight & Cargo), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedFree Cash FlowChange YoY
Forward Air Corp (FWRD)2025-12-31$15.27Mn/m
Hub Group, Inc. (HUBG)2024-12-31$143.57M-49.1%
Brink's Co (BCO)2025-12-31$436.40M+114.4%
Radiant Logistics, Inc (RLGT)2026-06-30$13.20M+62.1%
Expeditors International of Washington Inc (EXPD)2025-12-31$953.40M+39.6%
C. H. Robinson Worldwide, Inc. (CHRW)2025-12-31$894.89M+84.0%
PS International Group Ltd. (PSIG)2025-12-31-$5.55Mn/a
Eastern International Ltd. (ELOG)2026-03-31-$3.46Mn/m
New Century Logistics (BVI) Ltd (NCEW)2025-09-30-$3.47Mn/a

Compare FWRD, HUBG, BCO, RLGT side by side · Screen every company in Arrangement of Transportation of Freight & Cargo ↗