Company / Shares Outstanding
Forward Air Corp. Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
29.8M
FY2025
5-year range
25.7M / 29.8M
FY2021-FY2025
Trend
+15.9%
vs FY2024
Sector context
#308 of 363
Industrials
What the data says
Forward Air Corp.'s shares outstanding of 29761197.00 is lower than 85% of companies in the Industrials sector (FY2025). Shares Outstanding returned to growth in FY2025 after 8 years of decline, reaching 29761197.00.
Based on SEC 10-K filings.
29761197.00 in FY2025 with a 5-year CAGR of +1.3%.
Increased from 26461293.00 to 29761197.00 over the past 2 years.
Industrials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- +3.3%
- 5-Year CAGR
- +1.3%
- 10-Year CAGR
- -
Sector benchmark
Top 15% in IndustrialsTop 15% of 363This company 29.8M Sector average 162.1M
▼
-81.6% below sector average
Key checks
Key Insights
- In FY2025, shares outstanding increased 15.9% year-over-year.
- Ranks #308 out of 363 companies in the Industrials sector.
- Peak shares outstanding was recorded in FY2016.
- Lowest shares outstanding in the period was in FY2024.
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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 29.8M | +15.9% |
| FY2024 | 25.7M | -3.0% |
| FY2023 | 26.5M | -1.9% |
| FY2022 | 27.0M | -1.3% |
| FY2021 | 27.3M | -1.9% |
| FY2020 | 27.9M | -2.4% |
| FY2019 | 28.5M | -3.1% |
| FY2018 | 29.5M | -2.1% |
| FY2017 | 30.1M | -1.5% |
| FY2016 | 30.5M | +1.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026