Company / Accounts Receivable
Forward Air Corp. Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$343.6M
FY2025
5-year range
$153.3M / $343.6M
FY2021-FY2025
Trend
+6.6%
vs FY2024
Sector context
#129 of 270
Industrials
What the data says
At $344M, Forward Air Corp.'s accounts receivable ranks #129 of 270 in the Industrials sector. Accounts Receivable has fluctuated over the past 10 years, ranging from $117M in FY2016 to $344M in FY2025.
Based on SEC 10-K filings.
$344M in FY2025 with a 5-year CAGR of +17.0%.
Improved from $153M to $344M over the past 2 years.
Industrials sector context is included.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +15.8%
- 5-Year CAGR
- +17.0%
- 10-Year CAGR
- -
Sector benchmark
#129 of 270 in IndustrialsTop 48% of 270This company $343.6M Sector average $865.1M
▼
-60.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +17.0%, indicating consistent growth.
- In FY2025, accounts receivable increased 6.6% year-over-year.
- Ranks #129 out of 270 companies in the Industrials sector.
- Lowest accounts receivable in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $343.6M | +6.6% |
| FY2024 | $322.3M | +110.3% |
| FY2023 | $153.3M | -30.7% |
| FY2022 | $221.0M | +6.2% |
| FY2021 | $208.1M | +33.0% |
| FY2020 | $156.5M | +14.9% |
| FY2019 | $136.2M | -12.9% |
| FY2018 | $156.4M | +5.7% |
| FY2017 | $147.9M | +26.9% |
| FY2016 | $116.6M | +6.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026