Forward Air Corporation
Equity & Debt
| Period | Long Term Debt | Share Holder Equity | Cash on Hand |
|---|---|---|---|
| Dec 2008 | — | $216.4M | $22.1M |
| Jun 2009 | — | — | $24.1M |
| Sep 2009 | — | — | $27.2M |
| Dec 2009 | $50.0M | $224.5M | $42.0M |
| Mar 2010 | — | — | $44.6M |
| Jun 2010 | — | $235.4M | $47.9M |
| Sep 2010 | — | $244.1M | $63.2M |
| Dec 2010 | $50.0M | $256.1M | $74.5M |
| Mar 2011 | — | $268.3M | $85.7M |
| Jun 2011 | — | $282.7M | $96.1M |
| Sep 2011 | — | $270.9M | $87.5M |
| Dec 2011 | $0 | $286.9M | $58.8M |
| Mar 2012 | — | $304.8M | $69.4M |
| Jun 2012 | — | $318.8M | $68.8M |
| Sep 2012 | — | $337.0M | $93.0M |
| Dec 2012 | — | $351.7M | $112.2M |
| Mar 2013 | — | $380.4M | $71.6M |
| Jun 2013 | — | $403.8M | $81.1M |
| Sep 2013 | — | $418.4M | $98.6M |
| Dec 2013 | — | $435.9M | $127.4M |
| Mar 2014 | — | $453.4M | $41.0M |
| Jun 2014 | — | $450.7M | $24.9M |
| Sep 2014 | — | $446.6M | $24.6M |
| Dec 2014 | $0 | $463.6M | $41.4M |
| Mar 2015 | — | $477.0M | $54.5M |
| Jun 2015 | — | $488.5M | $42.5M |
| Sep 2015 | — | $492.4M | $47.4M |
| Dec 2015 | $27.5M | $509.5M | $33.3M |
| Mar 2016 | — | $510.6M | $38.0M |
| Jun 2016 | — | $489.5M | $21.7M |
| Sep 2016 | — | $495.8M | $11.3M |
| Dec 2016 | $0 | $498.3M | $8.5M |
| Mar 2017 | — | $500.6M | $14.3M |
| Jun 2017 | — | $519.2M | $10.1M |
| Sep 2017 | — | $505.6M | $12.4M |
| Dec 2017 | $40.2M | $532.7M | $3.9M |
| Mar 2018 | — | $526.4M | $12.7M |
| Jun 2018 | — | $541.9M | $20.1M |
| Sep 2018 | — | $548.4M | $28.9M |
| Dec 2018 | $47.3M | $553.2M | $25.7M |
| Mar 2019 | — | $553.4M | $42.2M |
| Jun 2019 | — | $550.0M | $14.8M |
| Sep 2019 | — | $561.1M | $34.8M |
| Dec 2019 | $67.3M | $577.2M | $64.7M |
| Mar 2020 | — | $565.8M | $77.2M |
| Jun 2020 | — | $566.3M | $80.9M |
| Sep 2020 | — | $552.2M | $43.0M |
| Dec 2020 | $112.4M | $547.3M | $40.3M |
| Mar 2021 | — | $544.7M | $24.4M |
| Jun 2021 | — | $550.3M | $50.8M |
| Sep 2021 | — | $555.5M | $51.9M |
| Dec 2021 | $155.5M | $593.7M | $37.3M |
| Mar 2022 | $155.1M | $611.8M | $61.6M |
| Jun 2022 | $147.3M | $664.4M | $47.4M |
| Sep 2022 | $106.9M | $682.7M | $46.8M |
| Dec 2022 | $106.6M | $707.2M | $45.8M |
| Mar 2023 | $150.7M | $685.6M | $32.0M |
| Jun 2023 | $119.8M | $673.6M | $18.3M |
| Sep 2023 | $118.9M | $665.7M | $18.8M |
| Dec 2023 | $0 | $764.3M | $122.0M |
| Mar 2024 | $1.66B | $926.1M | $152.0M |
| Jun 2024 | $1.68B | $283.8M | $84.9M |
| Sep 2024 | $1.67B | $226.1M | $136.6M |
| Dec 2024 | $1.68B | $201.7M | $104.9M |
| Mar 2025 | $1.68B | $154.6M | $116.3M |
| Jun 2025 | $1.68B | $151.8M | $95.1M |
| Sep 2025 | $1.68B | $139.8M | $140.4M |
| Dec 2025 | $1.69B | $113.3M | $106.0M |
| Mar 2026 | $1.69B | $81.0M | $141.0M |
| Jun 2026 | $1.69B | $-115.4M | $139.4M |