Forward Air FWRD
NASDAQ FWRD
$18.29 +0.50 (+2.81%)
As of: Aug 21, 2026 · 10:39 AM EDT

Forward Air (FWRD) Acquisitions (2013 - 2024)

Forward Air's (FWRD) quarterly Acquisitions came in at $11.0 million in Q4 2024, down 99.3% on a QoQ basis from $1.6 billion in Q1 2024.

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

Forward Air (FWRD) has 12 years of Acquisitions data on file, last reported at $11.0 million in Q4 2024.

  • Quarterly Acquisitions changed N/A year-over-year to $11.0 million in Q4 2024, while the trailing twelve-month figure through Sep 2025 was $11.0 million (down 99.3% YoY) and the FY2024 annual result came in at $1.6 billion, up 2679.78% from the prior year.
  • Acquisitions retreated to $11.0 million in Q4 2024, from $1.6 billion in the prior quarter.
  • In the past five years, Acquisitions ranged from a high of $1.6 billion in Q1 2024 to a low of $136000.0 in Q2 2023.
  • A 5-year average of $151.9 million and a median of $20.3 million in 2021 frame the typical range for Acquisitions.
  • Annual changes were most pronounced in 2023 — Acquisitions slumped 99.66% — and 2024, when it jumped 2667.06%.
  • Tracing FWRD's Acquisitions over 5 years: 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 87.09 Bn 82.43 Bn 19.65 Bn -
2 Fedex 77.42 Bn 64.11 Bn 18.84 Bn -
3 Hunt J B Transport Services 25.82 Bn 25.82 Bn - -
4 Expeditors International Of Washington 24.62 Bn 23.59 Bn 1.09 Bn -
5 ZTO Express (Cayman) 17.12 Bn 12.71 Bn 469.01 Mn -
6 C. H. Robinson Worldwide 16.95 Bn 16.80 Bn 1.11 Bn 78.80 Mn
7 Landstar System 6.22 Bn 5.87 Bn 308.86 Mn -
8 GXO Logistics 5.22 Bn 4.45 Bn 508.00 Mn -
9 Pitney Bowes 2.20 Bn 1.92 Bn 296.14 Mn -
10 Forward Air 591.48 Mn 452.03 Mn 617.46 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