Forward Air Corp (FWRD)
23.67
+0.92
(+4.07%)
USD |
NASDAQ |
Apr 19, 13:10
Forward Air Gross Profit Margin (Quarterly): 28.25% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 28.25% |
| September 30, 2023 | 21.87% |
| June 30, 2023 | 21.85% |
| March 31, 2023 | 27.08% |
| December 31, 2022 | 44.47% |
| September 30, 2022 | 28.61% |
| June 30, 2022 | 28.34% |
| March 31, 2022 | 24.92% |
| December 31, 2021 | 33.05% |
| September 30, 2021 | 22.72% |
| June 30, 2021 | 20.67% |
| March 31, 2021 | 19.49% |
| December 31, 2020 | 18.73% |
| September 30, 2020 | 18.92% |
| June 30, 2020 | 16.51% |
| March 31, 2020 | 17.73% |
| December 31, 2019 | 20.18% |
| September 30, 2019 | 20.83% |
| June 30, 2019 | 21.72% |
| March 31, 2019 | 20.37% |
| December 31, 2018 | 23.34% |
| September 30, 2018 | 19.70% |
| June 30, 2018 | 20.76% |
| March 31, 2018 | 19.55% |
| December 31, 2017 | 19.51% |
| Date | Value |
|---|---|
| September 30, 2017 | 20.58% |
| June 30, 2017 | 20.81% |
| March 31, 2017 | 20.27% |
| December 31, 2016 | 18.11% |
| September 30, 2016 | 22.17% |
| June 30, 2016 | 23.22% |
| March 31, 2016 | 20.87% |
| December 31, 2015 | 21.26% |
| September 30, 2015 | 21.59% |
| June 30, 2015 | 19.36% |
| March 31, 2015 | 16.62% |
| December 31, 2014 | 22.76% |
| September 30, 2014 | 23.98% |
| June 30, 2014 | 23.49% |
| March 31, 2014 | 21.23% |
| December 31, 2013 | 22.48% |
| September 30, 2013 | 22.69% |
| June 30, 2013 | 23.16% |
| March 31, 2013 | 22.16% |
| December 31, 2012 | 24.27% |
| September 30, 2012 | 23.74% |
| June 30, 2012 | 24.21% |
| March 31, 2012 | 21.84% |
| December 31, 2011 | -46.77% |
| September 30, 2011 | 50.43% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
16.51%
Minimum
Jun 2020
44.47%
Maximum
Dec 2022
24.00%
Average
21.85%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Hub Group Inc | 21.72% |
| C.H. Robinson Worldwide Inc | 6.08% |
| RXO Inc | 24.03% |
| Singularity Future Technology Ltd | -1.63% |
| Radiant Logistics Inc | 18.83% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 23.93% |
| Return on Assets | 10.74% |
| Return on Invested Capital | 14.31% |
| Profit Margin (Quarterly) | 79.46% |
| Operating Margin (Quarterly) | -6.25% |
| Return on Net Operating Assets | 16.01% |