Forward Air (FWRD) Asset Writedowns and Impairment (2009 - 2020)

Forward Air (FWRD) reported Asset Writedowns and Impairment of -$82000.0 for Q3 2020, down 144.57% on a YoY basis from $184000.0 in Q4 2019, and down 109.45% quarter-over-quarter from $868000.0 in Q2 2020.

Forward Air (FWRD) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends

Forward Air has reported Asset Writedowns and Impairment for 12 years, with the latest figure at -$82000.0 in Q3 2020.

  • For the quarter ending Q3 2020, Asset Writedowns and Impairment fell 144.57% year-over-year to -$82000.0; the trailing twelve-month figure through Sep 2020 stood at $548000.0 (down 45.74% YoY), and the FY2019 full-year result was $761000.0, up 447.48% from the prior year.
  • Asset Writedowns and Impairment for Q3 2020 stood at -$82000.0, down from $868000.0 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $42.4 million in Q2 2016, with the low at -$509000.0 in Q3 2018.
  • Historically, Asset Writedowns and Impairment has averaged $5.4 million across 5 years, with a median of $80000.0 in 2017.
  • Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment slumped 931.58% — and 2020, when it jumped 14366.67%.
  • Forward Air's Asset Writedowns and Impairment stood at $42.2 million in 2016, then plunged by 99.94% to $26000.0 in 2017, then jumped by 634.62% to $191000.0 in 2018, then slumped by 130.37% to -$58000.0 in 2019, then slumped by 41.38% to -$82000.0 in 2020.
  • The last three Asset Writedowns and Impairment figures came in at -$82000.0 (Q3 2020), $868000.0 (Q2 2020), and -$180000.0 (Q1 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
Sep 30, 2020 -82,000.00
Sep 30, 2020 -82,000.00
Jun 30, 2020 868,000.00
Jun 30, 2020 868,000.00
Mar 31, 2020 -180,000.00
Mar 31, 2020 -180,000.00
Dec 31, 2019 -58,000.00
Dec 31, 2019 -58,000.00
Sep 30, 2019 184,000.00
Sep 30, 2019 184,000.00
Jun 30, 2019 6,000.00
Jun 30, 2019 6,000.00
Mar 31, 2019 629,000.00
Mar 31, 2019 629,000.00
Dec 31, 2018 191,000.00
Dec 31, 2018 191,000.00
Sep 30, 2018 -509,000.00
Sep 30, 2018 -509,000.00
Jun 30, 2018 323,000.00
Jun 30, 2018 323,000.00