Forward Air Corporation (FWRD) — Net Asset Quality Index
Forward Air Corporation (FWRD) has a Net Asset Quality Index of 4.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.70 Billion minus total liabilities of $2.57 Billion yields net assets of $122.28 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check FWRD financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Forward Air Corporation Net Asset Quality Index Over Time (1993–2025)
This chart shows how Forward Air Corporation's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the index stands at 4.5%, representing net assets of $122.28 Million against total assets of $2.70 Billion USD. See Forward Air Corporation (FWRD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Forward Air Corporation (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for Forward Air Corporation from 1993 to 2025, covering 33 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Forward Air Corporation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 5.9% | $161.66 Million | $2.74 Billion | $2.58 Billion | ▼ -4.3 pp |
| 2024 | 10.2% | $285.87 Million | $2.80 Billion | $2.52 Billion | ▼ -15.5 pp |
| 2023 | 25.7% | $764.26 Million | $2.98 Billion | $2.22 Billion | ▼ -32.9 pp |
| 2022 | 58.5% | $707.24 Million | $1.21 Billion | $500.83 Million | ▲ +5.4 pp |
| 2021 | 53.1% | $593.65 Million | $1.12 Billion | $524.17 Million | ▲ +0.9 pp |
| 2020 | 52.3% | $547.33 Million | $1.05 Billion | $500.06 Million | ▼ -6.0 pp |
| 2019 | 58.2% | $577.18 Million | $990.88 Million | $413.70 Million | ▼ -14.5 pp |
| 2018 | 72.8% | $553.24 Million | $760.22 Million | $206.97 Million | ▼ -4.8 pp |
| 2017 | 77.6% | $533.49 Million | $687.72 Million | $154.23 Million | ▼ -0.2 pp |
| 2016 | 77.8% | $499.07 Million | $641.29 Million | $142.22 Million | ▲ +5.0 pp |
| 2015 | 72.8% | $510.06 Million | $700.17 Million | $190.12 Million | ▼ -12.7 pp |
| 2014 | 85.6% | $463.56 Million | $541.80 Million | $78.24 Million | ▼ -0.5 pp |
| 2013 | 86.1% | $435.87 Million | $506.27 Million | $70.40 Million | ▼ -2.0 pp |
| 2012 | 88.1% | $351.67 Million | $399.19 Million | $47.52 Million | ▲ +4.0 pp |
| 2011 | 84.1% | $286.90 Million | $341.15 Million | $54.25 Million | ▲ +10.7 pp |
| 2010 | 73.4% | $256.09 Million | $348.80 Million | $92.71 Million | ▲ +2.5 pp |
| 2009 | 70.9% | $224.65 Million | $316.64 Million | $91.99 Million | ▲ +0.6 pp |
| 2008 | 70.4% | $216.43 Million | $307.53 Million | $91.09 Million | ▼ -0.6 pp |
| 2007 | 71.0% | $171.73 Million | $241.88 Million | $70.15 Million | ▼ -16.0 pp |
| 2006 | 87.0% | $185.23 Million | $213.01 Million | $27.79 Million | ▲ +2.8 pp |
| 2005 | 84.1% | $178.82 Million | $212.60 Million | $33.78 Million | ▼ -0.3 pp |
| 2004 | 84.4% | $181.00 Million | $214.55 Million | $33.55 Million | ▲ +0.0 pp |
| 2003 | 84.4% | $147.71 Million | $175.09 Million | $27.38 Million | ▲ +3.0 pp |
| 2002 | 81.3% | $118.35 Million | $145.51 Million | $27.16 Million | ▲ +3.5 pp |
| 2001 | 77.8% | $106.58 Million | $136.96 Million | $30.37 Million | ▲ +5.9 pp |
| 2000 | 72.0% | $83.45 Million | $115.97 Million | $32.52 Million | ▲ +2.9 pp |
| 1999 | 69.0% | $54.95 Million | $79.62 Million | $24.66 Million | ▲ +35.4 pp |
| 1998 | 33.6% | $19.07 Million | $56.81 Million | $37.74 Million | ▼ -9.1 pp |
| 1997 | 42.6% | $50.46 Million | $118.33 Million | $67.87 Million | ▲ +1.0 pp |
| 1996 | 41.6% | $41.26 Million | $99.07 Million | $57.81 Million | ▲ +4.4 pp |
| 1995 | 37.2% | $36.60 Million | $98.30 Million | $61.70 Million | ▼ -3.5 pp |
| 1994 | 40.8% | $31.80 Million | $78.00 Million | $46.20 Million | ▼ -14.9 pp |
| 1993 | 55.7% | $27.30 Million | $49.00 Million | $21.70 Million | — |