FWRD Debt/Equity Ratio - FORWARD AIR CORP

Complete source-backed debt/equity ratio history.

Available history: 2009-12-31 to 2024-03-31
Data captured: 2026-09-04

Historical Debt/Equity Ratio

Date	Debt/Equity Ratio
2024-03-31	1.81
2023-12-31	0
2023-09-30	0.18
2023-06-30	0.18
2023-03-31	0.22
2022-12-31	0.15
2022-09-30	0.16
2022-06-30	0.22
2022-03-31	0.26
2021-12-31	0.26
2020-12-31	0.21
2019-12-31	0.13
2018-12-31	0.09
2017-12-31	0.08
2016-12-31	0.06
2015-12-31	0.16
2014-12-31	0
2010-12-31	0.2
2009-12-31	0.22

Annual Debt/Equity Ratio

Date	Debt/Equity Ratio
2023-12-31	0
2022-12-31	0.15
2021-12-31	0.26
2020-12-31	0.21
2019-12-31	0.13
2018-12-31	0.09
2017-12-31	0.08
2016-12-31	0.06
2015-12-31	0.16
2014-12-31	0
2010-12-31	0.2
2009-12-31	0.22