FWRD: Foward Air Corporation Yearly Stock Returns

Year	Beginning Price	Ending Price	Gain or Loss	Percent Gain or Loss
1994	20.50	15.50	-5.00	-24.39%
1995	15.50	13.25	-2.25	-14.52%
1996	13.25	10.00	-3.25	-24.53%
1997	10.00	24.25	14.25	142.50%
1998	24.25	18.75	-5.50	-22.68%
1999	18.75	86.75*	68.00	362.67%
2000	43.375	55.96875*	12.59375	29.03%
2001	37.3125	33.92	-3.3925	-9.09%
2002	33.92	19.41	-14.51	-42.78%
2003	19.41	27.50	8.09	41.68%
2004	27.50	44.70	17.20	62.55%
2005	44.70	54.975*	10.275	22.99%
2006	36.65	28.93	-7.72	-21.06%
2007	28.93	31.17	2.24	7.74%
2008	31.17	24.27	-6.90	-22.14%
2009	24.27	25.03	0.76	3.13%
2010	25.03	28.38	3.35	13.38%
2011	28.38	32.05	3.67	12.93%
2012	32.05	35.01	2.96	9.24%
2013	35.01	43.91	8.90	25.42%
2014	43.91	50.37	6.46	14.71%
2015	50.37	43.01	-7.36	-14.61%
2016	43.01	47.38	4.37	10.16%
2017	47.38	57.44	10.06	21.23%
2018	57.44	54.85	-2.59	-4.51%
2019	54.85	69.95	15.10	27.53%
2020	69.95	76.84	6.89	9.85%
2021	76.84	121.09	44.25	57.59%
2022	121.09	104.89	-16.20	-13.38%
2023	104.89	62.87	-42.02	-40.06%

*The 1999 ending price for Foward Air Corp. has been adjusted for a 2 for 1 stock split.
*The 2000 ending price for Foward Air Corp. has been adjusted for a 3 for 2 stock split.
*The 2005 ending price for Foward Air Corp. has been adjusted for a 3 for 2 stock split.

Calculations do not reflect any dividends paid or any stock spinoffs from original stock. Taxes and commissions are not factored into calculations. Data is property of 1stock1 and written permission must be granted before redistributing any data (in part or in whole).