Forward Air (FWRD) Acquisitions (2013 - 2024)

Forward Air (FWRD) reported Acquisitions of $11.0 million for Q4 2024, down 99.3% quarter-over-quarter from $1.6 billion in Q1 2024.

Forward Air (FWRD) Acquisitions (2013 - 2024) Analysis & Trends

Forward Air has reported Acquisitions for 12 years, with the latest figure at $11.0 million in Q4 2024.

  • For the quarter ending Q4 2024, Acquisitions changed N/A year-over-year to $11.0 million; the trailing twelve-month figure through Sep 2025 stood at $11.0 million (down 99.3% YoY), and the FY2024 full-year result was $1.6 billion, up 2679.78% from the prior year.
  • Acquisitions for Q4 2024 stood at $11.0 million, down from $1.6 billion in the prior quarter.
  • The five-year high for Acquisitions was $1.6 billion in Q1 2024, with the low at $136000.0 in Q2 2023.
  • Historically, Acquisitions has averaged $151.9 million across 5 years, with a median of $20.3 million in 2021.
  • Annual changes were most pronounced in 2023 — Acquisitions slumped 99.66% — and 2024, when it jumped 2667.06%.
  • Forward Air's Acquisitions stood at $7.7 million in 2020, then surged by 376.85% to $36.8 million in 2021, then plunged by 30.26% to $25.7 million in 2022, then tumbled by 99.47% to $136000.0 in 2023, then jumped by 7971.32% to $11.0 million in 2024.
  • The last three Acquisitions figures came in at $11.0 million (Q4 2024), $1.6 billion (Q1 2024), and $136000.0 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn -
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn -
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn -
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 150,000.00
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn -
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn -
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn -
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 10.98 Mn
Mar 31, 2024 1.57 Bn
Jun 30, 2023 136,000.00
Mar 31, 2023 56.57 Mn
Dec 31, 2022 25.67 Mn
Jun 30, 2022 40.43 Mn
Dec 31, 2021 36.81 Mn
Sep 30, 2021 510,000.00
Jun 30, 2021 7.54 Mn
Mar 31, 2021 15.00 Mn
Dec 31, 2020 7.72 Mn
Mar 31, 2020 55.93 Mn
Sep 30, 2019 12.00 Mn
Jun 30, 2019 202,000.00
Dec 31, 2018 16.25 Mn
Sep 30, 2018 3.74 Mn
Dec 31, 2017 640,000.00
Jun 30, 2017 22.50 Mn
Sep 30, 2016 10.10 Mn
Mar 31, 2016 1.70 Mn