Company / Depreciation & Amortization
Forward Air Corp. Depreciation & Amortization History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$152.6M
FY2025
5-year range
$35.0M / $152.6M
FY2021-FY2025
Trend
+6.0%
vs FY2024
Sector context
#110 of 305
Industrials
What the data says
At $153M, Forward Air Corp.'s depreciation & amortization ranks #196 of 305 in the Industrials sector. Depreciation & Amortization has increased for 4 consecutive years, from $35M in FY2021 to $153M in FY2025.
Based on SEC 10-K filings.
$153M in FY2025 with a 5-year CAGR of +32.7%.
Increased from $57M to $153M over the past 2 years.
Industrials sector context is included.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- +60.2%
- 5-Year CAGR
- +32.7%
- 10-Year CAGR
- -
Sector benchmark
#196 of 305 in IndustrialsTop 64% of 305This company $152.6M Sector average $304.7M
▼
-49.9% below sector average
Key checks
Key Insights
- Forward Air Corp.'s depreciation & amortization has grown for 4 consecutive years.
- 5-year CAGR of +32.7%, indicating consistent growth.
- In FY2025, depreciation & amortization increased 6.0% year-over-year.
- Ranks #110 out of 305 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 | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $152.6M | +6.0% |
| FY2024 | $144.0M | +150.8% |
| FY2023 | $57.4M | +54.6% |
| FY2022 | $37.1M | +6.2% |
| FY2021 | $35.0M | -5.8% |
| FY2020 | $37.1M | +2.0% |
| FY2019 | $36.4M | +1.6% |
| FY2018 | $35.8M | -12.7% |
| FY2017 | $41.1M | +7.4% |
| FY2016 | $38.2M | +2.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026