Company / PP&E (Net)
Forward Air Corp. PP&E (Net) History
FY2016-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E (Net)
$249.1M
FY2022
5-year range
$219.1M / $249.1M
FY2018-FY2022
Trend
+13.7%
vs FY2021
Sector context
#169 of 278
Industrials
What the data says
At $249M, Forward Air Corp.'s pp&e (net) ranks #169 of 278 in the Industrials sector. Improved from $190M to $249M over the past 2 years.
Based on SEC 10-K filings.
$249M in FY2022 with a 5-year CAGR of +3.9%.
Improved from $190M to $249M over the past 2 years.
Industrials sector context is included.
PP&E (Net) over time
Growth rates
- 3-Year CAGR
- +8.9%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
Sector benchmark
#169 of 278 in IndustrialsTop 61% of 278This company $249.1M Sector average $1.8B
▼
-86.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2022, pp&e (net) increased 13.7% year-over-year.
- Ranks #169 out of 278 companies in the Industrials sector.
- Lowest pp&e (net) in the period was in FY2020.
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 | PP&E (Net)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | $249.1M | +13.7% |
| FY2021 | $219.1M | +15.4% |
| FY2020 | $189.9M | -1.5% |
| FY2019 | $192.8M | -8.2% |
| FY2018 | $209.9M | +1.8% |
| FY2017 | $206.1M | +3.0% |
| FY2016 | $200.2M | +6.9% |
As of FY2022 · SEC 10-K · Updated Jun 30, 2026