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Forward Air revenue
Forward Air's revenue is $1.4 billion.
What is Forward Air's revenue?
- Forward Air's revenue growth from 2000 to 2021 is 545.5%.
- Forward Air has 3,774 employees, and the revenue per employee ratio is $367,574.
- Forward Air's peak quarterly revenue was $541.8M in 2024(q1).
- Forward Air peak revenue was $1.4B in 2021.
- Forward Air annual revenue for 2020 was 1.3B, 4.48% growth from 2019.
- Forward Air annual revenue for 2021 was 1.4B, 9.27% growth from 2020.
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Forward Air historical revenue
Forward Air's peak revenue was $1.4B in 2021. The peak quarterly revenue was $541.8M in 2024(q1).
Forward Air's revenue increased from $214.9m in 2000 to $1.4B currently. That's a 545.5% change in annual revenue.
Forward Air annual revenue
Forward Air annual revenue over time
| Fiscal year / year | Forward Air revenue |
|---|---|
| 2009 | $417.4M |
| 2010 | $483.9M |
| 2011 | $536.4M |
| 2012 | $584.4M |
| 2013 | $652.5M |
| 2014 | $781.0M |
| 2015 | $959.1M |
| 2016 | $1.0B |
| 2017 | $1.2B |
| 2018 | $1.1B |
| 2019 | $1.2B |
| 2020 | $1.3B |
| 2021 | $1.4B |
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Forward Air annual growth
Forward Air saw the greatest revenue growth in 2021, when revenue increased by 30.94%.
Forward Air had the lowest revenue growth in 2009, when revenue changed by -12.02%.
Forward Air annual growth rate over time
| Year | Forward Air growth |
|---|---|
| 2009 | -12%↓ |
| 2010 | 16%↑ |
| 2011 | 11%↑ |
| 2012 | 9%↑ |
| 2013 | 12%↑ |
| 2014 | 20%↑ |
| 2015 | 23%↑ |
| 2016 | 7%↑ |
| 2017 | 14%↑ |
| 2018 | -3%↓ |
| 2019 | 7%↑ |
| 2020 | 4%↑ |
| 2021 | 9%↑ |
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Forward Air financial information
| CEO | Thomas Schmitt |
| Industry | Transportation |
| Company Type | Public |
| Employees Number | 3,774 |
| Date Founded | 1993 |
| Headquarters | Greeneville, Tennessee |
| Number of Locations | 12 |
| Revenue | $1.4B |
| Net Income | $193,191,000 |
| Gross Proft | $417.2M (2021) |
| EBITDA | $181.0M (2021) |
| PE Ratio | 18.01 |
| Tax Rate | 0.3% |
| Market Capitalization | $1.9B |
| Total Assets | $1,208,076,000 |
| Ticker | FWRD |
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Forward Air competitors
Forward Air's top competitor, Old Dominion Freight Line, earned an annual revenue of $5.8B.
Forward Air's smallest competitor is Con-way Now with revenue of $1.4M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ost Trucking | $40,233 | $31.6M | 22 | - |
| Old Dominion Freight Line | $40,948 | $5.8B | 19,779 | 194 |
| Dayton Freight | $43,645 | $679.0M | 1,398 | 386 |
| R+L Carriers | $43,749 | $2.0B | 14,000 | 291 |
| Saia | $41,038 | $3.2B | 12,000 | 179 |
| YRC Freight | $39,836 | $4.9B | 19,000 | - |
| NEMF | $38,543 | $560.0M | 3,200 | - |
| Estes Express Lines | $43,603 | $20.0M | 18,000 | 260 |
| Central Transport | $42,225 | $140.0M | 99 | 993 |
| PITT OHIO | $40,123 | $505.0M | 3,100 | 69 |
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Zippia gives an in-depth look into the details of Forward Air, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Forward Air. The employee data is based on information from people who have self-reported their past or current employments at Forward Air. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Forward Air. The data presented on this page does not represent the view of Forward Air and its employees or that of Zippia.
Forward Air may also be known as or be related to Forward Air, Forward Air , Inc. and Forward Air Corporation.