FWRD FY2025 SEC EDGAR DEF 14A #11 of 11 in industry

Forward Air Corp CEO pay ratio

The CEO earned $79K in FY2025 against median worker pay of $39,663 · Transportation Services.

Transportation Services peers All rankings
State
DE
Filing date
2026-04-29
Industry
Transportation Services
Industry rank
#11/11

Data updated August 2026

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CEO-to-worker pay ratio
2:1
Below Average (Scale: 0–1000:1)
CEO pay
$79K
Median worker
$39,663

Answer first

Forward Air Corp's FY2025 CEO total of $79K ranks #1420 of 1,423 complete filings; its 2:1 pay ratio ranks #1405. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $39,663. Industry placement uses the FY2025 SIC-47 peer cohort (# 11 of 11, 9th percentile - among the lower quartile of industry peers by pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Transportation Services companies.

Dollar rank
#1420
$79K of 1,423 FY2025
Ratio rank
#1405
2:1 of 1,423
Industry pct
9th
among the lower quartile of industry peers by pay ratio

How Forward Air Corp ranks nationally

Forward Air Corp CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$79,326 0th percentile higher than 0% of 1,423 companies

$0–$2,500,000: 304 companies (21%). This entry sits in this band. $2,500,000–$5,000,000: 182 companies (13%). Above this entry. $5,000,000–$7,500,000: 208 companies (15%). Above this entry. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Forward Air Corp vs. Transportation Services peers

CEO total pay ($79K) against pay ratio (2:1) for Forward Air Corp (marked) and its 3 closest same-industry peers, against the Transportation Services industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both02898570.05797140.18695710.111594280.20:146.7:193.4:1140.1:1186.8:1CEO total payPay ratio (CEO : median worker)Forward Air Corp, CEO total pay: 79326 · Pay ratio (CEO : median worker): 2:1Forward Air CorpVirgin Galactic Holdings, Inc, CEO total pay: 10745916 · Pay ratio (CEO : median worker): 59:1Virgin Galactic Holdings, IncGatx Corp, CEO total pay: 8178380 · Pay ratio (CEO : median worker): 102:1Gatx CorpC. H. Robinson Worldwide, Inc., CEO total pay: 11045949 · Pay ratio (CEO : median worker): 178:1C. H. Robinson Worldwide, Inc.
Forward Air Corp vs. Transportation Services peers, plotted against the industry's $10.4M median CEO total and 178:1 median pay ratio.

Ratio bands among Transportation Services peers

Exclusive CEO-to-median-worker bands across 8 complete latest-FY filings in SIC 47. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Forward Air Corp's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Forward Air Corp

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
2:1
FY2025
vs prior FY
-2:1
from FY2024 4:1
CEO $ YoY
-49%
$79K latest
Filings shown
5
FY2021–2025
Forward Air Corp CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $232K - $46,360 5:1 -
2022 $369K +59% $52,781 7:1 +2:1
2023 $146K -61% $48,536 3:1 -4:1
2024 $155K +6.6% $38,794 4:1 +1:1
2025 $79K -49% $39,663 2:1 -2:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 912728, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Transportation Services

This Company's Ratio
2:1
Industry Median Ratio
178:1
Industry Median CEO Pay
$10.4M
This CEO's Pay
$79K
Companies in Industry
11
vs. Industry Median
Below
#11 of 11 by pay ratio in this industry View all companies in Transportation Services →

Forward Air Corp: near-parity Item 402(u) ratio

Forward Air Corp's FY2025 ratio 2:1 ranks #11 of 11 Transportation Services filers (9th percentile). the CEO earned 2× the median employee ($39,663) in FY2025.

At $39,663 median worker pay, the FLOOR stamp is near pay-parity territory under MICRO CEO total.

CEO Total Pay

$79K

FY2025 Summary Compensation, below median

Pay Ratio

2:1

Below typical

Forward Air Corp in the lower Transportation Services third

Forward Air Corp's FY2025 ratio 2:1 ranks #11 of 11 Transportation Services filers (9th percentile). The structured pay-ratio disclosure reports the total without line-item components. Transportation Services (SIC 47) median ratio is 178:1 across 11 FY2025 filers; Forward Air Corp's $79K CEO total is at or below the $10.4M industry median CEO pay.

Dollar rank #1420 and ratio rank #1405 split - treat 2:1 as a disclosure, not a fairness score. Open Transportation Services peers.

Key Data, FY2025

Total Compensation
$79K
Median Employee Pay
$39,663
Pay Ratio
2:1
Filing Date
2026-04-29

Company Info

Ticker
FWRD
CIK
912728
Industry
Transportation Services
SIC Code
4731
State
DE
View SEC filings →
SEC EDGAR DEF 14A for CIK 912728, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Forward Air Corp's FY2025 ratio 2:1 ranks #11 of 11 Transportation Services filers (9th percentile).

Read with Forward Air Corp

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps FLOOR · MICRO · LOW-MED.

Molina Healthcare, Inc. · MICRO

ABS(ceo_total_comp) peer at $80K (Δ $1K heavier vs Forward Air Corp); PARITY · HIGH-MED vs this page's FLOOR · MICRO · LOW-MED.
Central Pacific Financial Corp · MICRO

ABS(ceo_total_comp) peer at $76K (Δ $3K lighter vs Forward Air Corp); PARITY · HIGH-MED vs this page's FLOOR · MICRO · LOW-MED.
Teladoc Health, Inc. · MICRO

ABS(ceo_total_comp) peer at $88K (Δ $8K heavier vs Forward Air Corp); PARITY · HIGH-MED vs this page's FLOOR · MICRO · LOW-MED.
Savers Value Village, Inc. · MICRO

ABS(ceo_total_comp) peer at $88K (Δ $9K heavier vs Forward Air Corp); FLOOR · LOW-MED vs this page's FLOOR · MICRO · LOW-MED.
Virgin Galactic Holdings, Inc (SIC 47 pole)

Virgin Galactic Holdings, Inc stamps MODEST · HEAVY nearest in-SIC by ABS(pay_ratio) to Forward Air Corp's FLOOR filing.
National dual ranks · #1420/#1405

Forward Air Corp's FY2025 package sits #1420 by CEO dollars and #1405 by ratio under MICRO · FLOOR.
Ratio primer · FLOOR

Forward Air Corp's FLOOR stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Forward Air Corp (CIK 912728), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.