FORWARD AIR CORPORATION (FWRD) Gross margin 2016–2020
FORWARD AIR CORPORATION (FWRD) gross margin by fiscal year — reported gross profit divided by reported revenue.
48.7%FY2020 · since FY2016: 55.3% → 48.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 48.7% | -3.0 pp |
| FY2019 | 51.8% | +1.4 pp |
| FY2018 | 50.4% | -3.0 pp |
| FY2017 | 53.4% | -1.9 pp |
| FY2016 | 55.3% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice