Company / Net Debt per Share
Forward Air Corp. Net Debt per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Debt per Share
$53.13
FY2025
5-year range
-$4.61 / $61.20
FY2021-FY2025
Trend
-13.2%
vs FY2024
Sector context
#26 of 255
Industrials
What the data says
Among 255 Industrials companies, Forward Air Corp. is in the bottom 10% for net debt per share. Net Debt per Share has fluctuated over the past 10 years, ranging from $-4.61 in FY2023 to $61.20 in FY2024.
Based on SEC 10-K filings.
53.13 in FY2025 with a 5-year CAGR of +83.0%. Top quartile in the Industrials sector.
Increased from $-4.61 to $53.13 over the past 2 years.
Industrials sector context is included.
Net Debt per Share over time
Growth rates
- 3-Year CAGR
- +172.6%
- 5-Year CAGR
- +83.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in IndustrialsTop 90% of 255This company $53.13 Sector average $1135.94
▼
-95.3% below sector average
Key checks
Key Insights
- In FY2025, net debt per share decreased 13.2% year-over-year.
- Ranks #26 out of 255 companies in the Industrials sector.
- Peak net debt per share was recorded in FY2024.
- Lowest net debt per share in the period was in FY2023.
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 | Net Debt per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $53.13 | -13.2% |
| FY2024 | $61.20 | +1427.7% |
| FY2023 | -$4.61 | -275.7% |
| FY2022 | $2.62 | -40.1% |
| FY2021 | $4.38 | +69.1% |
| FY2020 | $2.59 | +2752.9% |
| FY2019 | $0.09 | -87.6% |
| FY2018 | $0.73 | -39.2% |
| FY2017 | $1.21 | +533.3% |
| FY2016 | -$0.28 | -46.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026