Company / Cost of Revenue
Forward Air Corp. Cost of Revenue History
FY2016-FY2020 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$650.7M
FY2020
5-year range
-
FY2016-FY2020
Trend
+11.0%
vs FY2019
Sector context
#187 of 245
Industrials
What the data says
Forward Air Corp.'s cost of revenue of $651M is lower than 76% of companies in the Industrials sector (FY2020). Cost of Revenue has increased for 4 consecutive years, from $461M in FY2016 to $651M in FY2020.
Based on SEC 10-K filings.
$651M in FY2020 with a 3-year CAGR of +6.1%.
Increased from $564M to $651M over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +6.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 24% in IndustrialsTop 24% of 245This company $650.7M Sector average $4.3B
▼
-85.0% below sector average
Key checks
Key Insights
- Forward Air Corp.'s cost of revenue has grown for 4 consecutive years.
- 3-year CAGR of +6.1%, indicating consistent growth.
- In FY2020, cost of revenue increased 11.0% year-over-year.
- Ranks #187 out of 245 companies in the Industrials sector.
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 | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | $650.7M | +11.0% |
| FY2019 | $586.1M | +3.9% |
| FY2018 | $564.3M | +3.5% |
| FY2017 | $545.1M | +18.3% |
| FY2016 | $460.8M | - |
As of FY2020 · SEC 10-K · Updated Jun 30, 2026