FORWARD AIR CORPORATION (FWRD) EBITDA
- 2026-06-30: Basis Reported; EBITDA -$163.05M; Operating income (m); Depreciation and amortization (m).
- 2026-03-31: Basis Reported; EBITDA $58.96M; Operating income (m); Depreciation and amortization (m).
- 2025-12-31: Basis Reported; EBITDA $37.86M; Operating income (m); Depreciation and amortization (m).
- 2025-09-30: Basis Reported; EBITDA $52.76M; Operating income (m); Depreciation and amortization (m).
Complete source-backed ebitda history.
- Available history
- 2008-12-31 to 2026-06-30
- Data captured
Historical EBITDA
EBITDA 3 month
| Date | Basis | EBITDA | Operating income | Depreciation and amortization | Revenue | EBITDA margin | Capital spending | Operating cash flow | Cost of products and services | Research and development | Selling, general and administration | Income tax expense / benefit |
|---|
| 2026-06-30 | Reported | -$163.05M | (m) | (m) | (m) | -24.23% | $3.21M* | -$4.88M* | (m) | (m) | (m) | -$174.00K |
|---|
| 2026-03-31 | Reported | $58.96M | (m) | (m) | (m) | 10.13% | $6.95M | $45.74M | (m) | (m) | (m) | $1.79M |
|---|
| 2025-12-31 | Reported | $37.86M | (m) | (m) | (m) | 6.00% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2025-09-30 | Reported | $52.76M | (m) | (m) | (m) | 8.35% | $4.12M* | (m) | (m) | (m) | (m) | $385.00K |
|---|
| 2025-06-30 | Reported | $56.33M | (m) | (m) | (m) | 9.10% | $4.74M* | -$13.22M* | (m) | (m) | (m) | -$16.75M |
|---|
| 2025-03-31 | Reported | $42.12M | (m) | (m) | (m) | 6.87% | $11.91M | $27.61M | (m) | (m) | (m) | $19.59M |
|---|
| 2024-12-31 | Reported | $113.51M | (m) | (m) | (m) | 17.94% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2024-09-30 | Reported | $48.59M | (m) | (m) | (m) | 7.41% | $10.41M* | (m) | (m) | (m) | (m) | $1.30M |
|---|
| 2024-06-30 | Reported | -$1.05B | (m) | (m) | (m) | -162.68% | $14.43M* | (m) | (m) | (m) | (m) | -$174.94M |
|---|
| 2024-03-31 | Reported | -$33.95M | (m) | (m) | (m) | -6.27% | $4.97M | -$51.72M | (m) | (m) | (m) | -$18.35M |
|---|
| 2023-12-31 | Reported | $20.58M | (m) | (m) | (m) | 6.08% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2023-09-30 | Reported | $25.9M | (m) | (m) | (m) | 7.60% | $5.84M | $29.86M* | (m) | (m) | (m) | $2.54M |
|---|
| 2023-06-30 | Reported | $39.57M | (m) | (m) | (m) | 11.86% | $10.79M | $63.57M* | (m) | (m) | (m) | $6.61M |
|---|
| 2023-03-31 | Reported | $59.57M | (m) | (m) | (m) | 16.65% | $6.52M | $65.99M | (m) | (m) | (m) | $10.94M |
|---|
| 2022-12-31 | Reported | $50.59M | (m) | (m) | (m) | 26.99% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2022-09-30 | Reported | $83.93M | (m) | (m) | (m) | 16.46% | $6.73M | $83.99M* | (m) | (m) | (m) | $17.99M |
|---|
| 2022-06-30 | Reported | $87.14M | (m) | (m) | (m) | 16.91% | $8.77M | $50.33M* | (m) | (m) | (m) | $18.92M |
|---|
| 2022-03-31 | Reported | $68.48M | (m) | (m) | (m) | 14.67% | $9.91M | $62.49M | (m) | (m) | (m) | $13.88M |
|---|
| 2021-12-31 | Reported | $46.6M | (m) | (m) | (m) | 25.23% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2021-09-30 | Reported | $51.89M | (m) | (m) | (m) | 12.37% | $14.44M* | (m) | (m) | (m) | (m) | $11.00M |
|---|
| 2021-06-30 | Reported | $51.54M | (m) | (m) | (m) | 12.25% | $5.88M* | (m) | (m) | (m) | (m) | $10.12M |
|---|
| 2021-03-31 | Reported | $31.96M | (m) | (m) | (m) | 8.82% | $2.69M | (m) | (m) | (m) | (m) | $4.84M |
|---|
| 2020-12-31 | Reported | $29.93M | (m) | (m) | (m) | 8.54% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2020-09-30 | Reported | $32.68M | (m) | (m) | (m) | 9.84% | $2.23M* | (m) | (m) | (m) | (m) | $5.21M |
|---|
| 2020-06-30 | Reported | $23.33M | (m) | (m) | (m) | 8.28% | $11.56M* | (m) | (m) | (m) | (m) | $3.49M |
|---|
| 2020-03-31 | Reported | $25.11M | (m) | (m) | (m) | 8.22% | $2.65M | $29.17M | (m) | (m) | (m) | $3.50M |
|---|
| 2019-12-31 | Reported | $39.32M | (m) | (m) | (m) | 21.11% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2019-09-30 | Reported | $38.2M | (m) | (m) | (m) | 10.56% | $10.50M | $45.97M* | $163.61M | (m) | (m) | $7.37M |
|---|
| 2019-06-30 | Reported | $38.3M | (m) | (m) | (m) | 11.08% | $12.51M | $30.24M* | $155.12M | (m) | (m) | $7.24M |
|---|
| 2019-03-31 | Reported | $35.56M | (m) | (m) | (m) | 11.06% | $4.09M | $41.53M | $144.01M | (m) | (m) | $5.75M |
|---|
| 2018-12-31 | Reported | $34.72M | (m) | (m) | (m) | 20.03% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2018-09-30 | Reported | $40.17M | (m) | (m) | (m) | 12.12% | $16.74M | $46.85M* | $155.45M | (m) | (m) | $7.08M |
|---|
| 2018-06-30 | Reported | $43.23M | (m) | (m) | (m) | 13.09% | $11.38M | $26.18M* | $155.72M | (m) | (m) | $8.09M |
|---|
| 2018-03-31 | Reported | $34.93M | (m) | (m) | (m) | 11.54% | $6.22M | $40.81M | $139.67M | (m) | (m) | $6.12M |
|---|
| 2017-12-31 | Reported | $38.32M | (m) | (m) | (m) | 11.79% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2017-09-30 | Reported | $37.5M | (m) | (m) | (m) | 12.57% | $8.95M | $25.73M* | (m) | (m) | (m) | $8.56M |
|---|
| 2017-06-30 | Reported | $40.22M | (m) | (m) | (m) | 14.17% | $2.01M | $14.92M* | (m) | (m) | (m) | $10.11M |
|---|
| 2017-03-31 | Reported | $33.78M | (m) | (m) | (m) | 12.89% | $2.65M | $37.06M | (m) | (m) | (m) | $8.85M |
|---|
| 2016-12-31 | Reported | $37.75M | (m) | (m) | (m) | 12.08% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2016-09-30 | Reported | $34.1M | (m) | (m) | (m) | 13.66% | $12.68M | $33.40M* | (m) | (m) | (m) | $12.55M |
|---|
| 2016-06-30 | Reported | -$5.01M | (m) | (m) | (m) | -2.10% | $13.35M | $23.77M* | (m) | (m) | (m) | -$4.86M |
|---|
| 2016-03-31 | Reported | $31.07M | (m) | (m) | (m) | 13.54% | $2.69M | $37.44M | (m) | (m) | (m) | $7.72M |
|---|
| 2015-12-31 | Reported | $38.57M | (m) | (m) | (m) | 15.04% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2015-09-30 | Reported | $34M | (m) | (m) | (m) | 13.76% | $6.58M | $38.75M* | (m) | (m) | (m) | $8.37M |
|---|
| 2015-06-30 | Reported | $29.43M | (m) | (m) | (m) | 11.79% | $6.73M | $11.10M* | (m) | (m) | (m) | $7.42M |
|---|
| 2015-03-31 | Reported | $16.93M | (m) | (m) | (m) | 8.22% | $5.23M | $7.46M | (m) | (m) | (m) | $3.00M |
|---|
| 2014-12-31 | Reported | $33.89M | (m) | (m) | (m) | 15.83% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2014-09-30 | Reported | $35.02M | (m) | (m) | (m) | 17.38% | $3.68M | $25.88M* | (m) | (m) | (m) | $9.94M |
|---|
| 2014-06-30 | Reported | $35.35M | (m) | (m) | (m) | 18.23% | $13.87M | $19.18M* | (m) | (m) | (m) | $10.43M |
|---|
| 2014-03-31 | Reported | $23.28M | (m) | (m) | (m) | 13.57% | $19.55M | $20.03M | (m) | (m) | (m) | $6.07M |
|---|
| 2013-12-31 | Reported | $29.41M | (m) | (m) | (m) | 16.24% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2013-09-30 | Reported | $29.08M | (m) | (m) | (m) | 17.10% | $5.27M | $23.24M* | (m) | (m) | (m) | $8.54M |
|---|
| 2013-06-30 | Reported | $28.48M | (m) | (m) | (m) | 17.82% | $15.81M | $16.65M* | (m) | (m) | (m) | $8.56M |
|---|
| 2013-03-31 | Reported | $20.98M | (m) | (m) | (m) | 14.82% | $12.18M | $20.60M | (m) | (m) | (m) | $4.84M |
|---|
| 2012-12-31 | Reported | $29.12M | (m) | (m) | (m) | 18.72% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2012-09-30 | Reported | $25.05M | (m) | (m) | (m) | 17.46% | $2.18M | $21.76M* | (m) | (m) | (m) | $7.23M |
|---|
| 2012-06-30 | Reported | $28.48M | (m) | (m) | (m) | 19.20% | $5.22M | $5.96M* | (m) | (m) | (m) | $8.84M |
|---|
| 2012-03-31 | Reported | $21.91M | (m) | (m) | (m) | 15.98% | $13.10M | $17.95M | (m) | (m) | (m) | $6.48M |
|---|
| 2011-12-31 | Reported | $28.89M | (m) | (m) | (m) | 19.48% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2011-09-30 | Reported | $25.75M | (m) | (m) | (m) | 18.97% | $4.85M | $22.27M* | (m) | (m) | (m) | $7.29M |
|---|
| 2011-06-30 | Reported | $25.1M | (m) | (m) | (m) | 18.99% | $8.11M | $17.34M* | (m) | (m) | (m) | $7.80M |
|---|
| 2011-03-31 | Reported | $18.37M | (m) | (m) | (m) | 15.28% | $7.33M | $15.22M | (m) | (m) | (m) | $5.24M |
|---|
| 2010-12-31 | Reported | $23.85M | (m) | (m) | (m) | 17.89% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2010-09-30 | Reported | $20.73M | (m) | (m) | (m) | 17.06% | $3.15M | $18.95M* | (m) | (m) | (m) | $6.45M |
|---|
| 2010-06-30 | Reported | $8.4M | (m) | (m) | (m) | 6.87% | $3.31M | $8.72M* | (m) | (m) | (m) | $5.39M |
|---|
| 2010-03-31 | Reported | $1.11M | (m) | (m) | (m) | 1.03% | $5.43M | $10.19M | (m) | (m) | (m) | $2.48M |
|---|
| 2009-12-31 | Reported | $46.44M | (m) | (m) | (m) | 39.35% | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2009-09-30 | Reported | $1.67M | (m) | (m) | (m) | 1.62% | $3.80M* | $9.31M* | (m) | (m) | (m) | $2.77M |
|---|
| 2009-06-30 | Reported | $50.00K* | $4.87M | -$4.82M | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.90M |
|---|
EBITDA 12 month
| Date | Basis | EBITDA | Operating income | Depreciation and amortization | Revenue | EBITDA margin | Capital spending | Operating cash flow | Cost of products and services | Research and development | Selling, general and administration | Income tax expense / benefit |
|---|
| 2025-12-31 | Reported | $189.06M | (m) | (m) | (m) | 7.58% | $29.12M | (m) | (m) | (m) | (m) | -$5.47M |
|---|
| 2024-12-31 | Reported | -$918.96M | (m) | (m) | (m) | -37.14% | $37.06M | (m) | (m) | (m) | (m) | -$124.99M |
|---|
| 2023-12-31 | Reported | $145.62M | (m) | (m) | (m) | 10.62% | $30.73M | (m) | (m) | (m) | (m) | $13.84M |
|---|
| 2022-12-31 | Reported | $290.14M | (m) | (m) | (m) | 17.27% | $39.25M | (m) | (m) | (m) | (m) | $63.04M |
|---|
| 2021-12-31 | Reported | $181.99M | (m) | (m) | (m) | 13.12% | $38.38M | (m) | (m) | (m) | (m) | $35.81M |
|---|
| 2020-12-31 | Reported | $111.05M | (m) | (m) | (m) | 8.75% | $20.27M | (m) | $650.66M | (m) | (m) | $16.59M |
|---|
| 2020-09-30 | Rolling | (m) | $86.05M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2020-06-30 | Rolling | (m) | $91.72M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2020-03-31 | Rolling | (m) | $106.88M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2019-12-31 | Reported | $148.81M | (m) | (m) | (m) | 12.25% | $22.01M | $159.02M | $586.14M | (m) | (m) | $27.38M |
|---|
| 2019-12-31 | Rolling | (m) | $115.84M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2019-09-30 | Rolling | (m) | $118.04M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2019-06-30 | Rolling | (m) | $118.73M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2019-03-31 | Rolling | (m) | $122.53M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2018-12-31 | Reported | $153.05M | (m) | (m) | (m) | 13.45% | $39.56M | $152.55M | $564.31M | (m) | (m) | $26.87M |
|---|
| 2018-12-31 | Rolling | (m) | $122.03M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2018-09-30 | Rolling | (m) | $114.83M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2018-06-30 | Rolling | (m) | $112.12M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2018-03-31 | Rolling | (m) | $109.25M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2017-12-31 | Reported | $149.81M | (m) | (m) | (m) | 12.81% | $38.27M | $103.36M | $545.09M | (m) | (m) | $20.28M |
|---|
| 2017-12-31 | Rolling | (m) | $108.76M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2017-09-30 | Rolling | (m) | $109.14M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2017-06-30 | Rolling | (m) | $106.66M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2017-03-31 | Rolling | (m) | $62.32M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2016-12-31 | Reported | $97.91M | (m) | (m) | (m) | 9.50% | $42.19M | $130.35M | $460.80M | (m) | (m) | $30.61M |
|---|
| 2016-12-31 | Rolling | (m) | $59.98M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2016-09-30 | Rolling | (m) | $60.77M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2016-06-30 | Rolling | (m) | $60.67M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2016-03-31 | Rolling | (m) | $94.93M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2015-12-31 | Reported | $118.93M | (m) | (m) | (m) | 12.40% | $40.49M | $85.72M | (m) | (m) | (m) | $24.09M |
|---|
| 2015-12-31 | Rolling | (m) | $81.77M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2015-09-30 | Rolling | (m) | $78.39M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2015-06-30 | Rolling | (m) | $80.70M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2015-03-31 | Rolling | (m) | $88.38M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2014-12-31 | Reported | $127.54M | (m) | (m) | (m) | 16.33% | $39.49M | $91.66M | (m) | (m) | (m) | $34.92M |
|---|
| 2014-12-31 | Rolling | (m) | $96.41M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2014-09-30 | Rolling | (m) | $93.97M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2014-06-30 | Rolling | (m) | $89.93M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2014-03-31 | Rolling | (m) | $84.84M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2013-12-31 | Reported | $107.93M | (m) | (m) | (m) | 16.54% | $35.44M | $90.84M | (m) | (m) | (m) | $29.45M |
|---|
| 2013-12-31 | Rolling | (m) | $84.36M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2013-09-30 | Rolling | (m) | $85.19M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2013-06-30 | Rolling | (m) | $81.95M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2013-03-31 | Rolling | (m) | $82.53M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2012-12-31 | Reported | $104.55M | (m) | (m) | (m) | 17.89% | $21.35M | $68.59M | (m) | (m) | (m) | $30.49M |
|---|
| 2012-12-31 | Rolling | (m) | $83.53M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2012-09-30 | Rolling | (m) | $83.13M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2012-06-30 | Rolling | (m) | $83.82M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2012-03-31 | Rolling | (m) | $80.61M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2011-12-31 | Reported | $98.1M | (m) | (m) | (m) | 18.29% | $21.22M | $76.96M | (m) | (m) | (m) | $29.37M |
|---|
| 2011-12-31 | Rolling | (m) | $77.11M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2011-09-30 | Rolling | (m) | $72.16M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2011-06-30 | Rolling | (m) | $67.34M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2011-03-31 | Rolling | (m) | $60.97M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2010-12-31 | Reported | $74.19M | (m) | (m) | (m) | 15.33% | $15.15M | $53.99M | (m) | (m) | (m) | $21.06M |
|---|
| 2010-12-31 | Rolling | (m) | $53.74M* | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
|---|
| 2009-12-31 | Reported | $38.27M | (m) | (m) | (m) | 9.17% | $20.85M | $50.18M | (m) | (m) | (m) | $8.15M |
|---|
| 2008-12-31 | Reported | $53.67M | (m) | (m) | (m) | 11.31% | $26.70M | $59.08M | (m) | (m) | (m) | $26.87M |
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