Forward Air CorporationFWRDNASDAQ
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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, slight contraction.
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Year-over-year gross profit growth rate
Latest
2.88%
↓ 68% below average
Average (9y)
9.11%
Historical baseline
Range
High:56.60%
Low:-32.85%
CAGR
-8.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 2.88% |
| 2023 | -32.85% |
| 2022 | 56.60% |
| 2021 | 37.03% |
| 2020 | -9.73% |
| 2019 | -4.60% |
| 2018 | 12.48% |
| 2017 | 9.88% |
| 2016 | 13.03% |
| 2015 | 6.38% |