Forward Air CorporationFWRDNASDAQ
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Operating Expenses Over TimeContracting
Percentile Rank93
3Y CAGR+24.8%
5Y CAGR+25.0%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+24.8%/yr
vs +14.1%/yr prior
5Y CAGR
+25.0%/yr
Consistent
Acceleration
+10.7pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
3.1x
Strong expansion
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$474.51M-66.2%
2024$1.40B+479.7%
2023$241.94M-0.9%
2022$244.07M+46.2%
2021$166.93M+7.6%
2020$155.19M+9.8%
2019$141.38M-1.8%
2018$144.01M+12.6%
2017$127.84M+13.3%
2016$112.82M-