Forward Air FWRD
NASDAQ FWRD
$18.11 +0.32 (+1.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

Forward Air (FWRD) Change in Taxes (2017 - 2020)

Forward Air's (FWRD) quarterly Change in Taxes came in at $1.8 million in Q3 2020, up 571.2% YoY from $263259.8 in Q4 2019, and up 195.0% on a QoQ basis from -$1.9 million in Q2 2020.

Forward Air (FWRD) Change in Taxes (2017 - 2020) Analysis & Trends

Forward Air (FWRD) has 4 years of Change in Taxes data on file, last reported at $1.8 million in Q3 2020.

  • Quarterly Change in Taxes rose 571.2% year-over-year to $1.8 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $5.3 million (up 949.52% YoY) and the FY2019 annual result came in at $1.3 million, up 202.23% from the prior year.
  • Change in Taxes grew to $1.8 million in Q3 2020, from -$1.9 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $8.4 million in Q1 2017 to a low of -$6.8 million in Q2 2019.
  • A 4-year average of -$135066.7 and a median of -$375000.0 in 2019 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2019 — Change in Taxes slumped 113.17% — and 2020, when it soared 571.2%.
  • Tracing FWRD's Change in Taxes over 4 years: stood at -$3.1 million in 2017, then surged by 163.38% to $1.9 million in 2018, then surged by 98.3% to $3.8 million in 2019, then tumbled by 54.0% to $1.8 million in 2020.
  • The last three Change in Taxes figures came in at $1.8 million (Q3 2020), -$1.9 million (Q2 2020), and $1.5 million (Q1 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 United Parcel Service 86.89 Bn 82.23 Bn 19.65 Bn -
2 Fedex 77.23 Bn 63.91 Bn 18.84 Bn -
3 Hunt J B Transport Services 25.91 Bn 25.90 Bn - -2.83 Mn
4 Expeditors International Of Washington 24.62 Bn 23.58 Bn 1.09 Bn -1.12 Mn
5 ZTO Express (Cayman) 17.03 Bn 12.62 Bn 469.01 Mn -
6 C. H. Robinson Worldwide 16.77 Bn 16.62 Bn 1.11 Bn -16.66 Mn
7 Landstar System 6.33 Bn 5.98 Bn 308.86 Mn -
8 GXO Logistics 5.25 Bn 4.48 Bn 508.00 Mn -
9 Pitney Bowes 2.24 Bn 1.96 Bn 296.14 Mn 7.97 Mn
10 Forward Air 588.72 Mn 449.27 Mn 617.46 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2020 1.77 Mn
Sep 30, 2020 1.77 Mn
Jun 30, 2020 -1.86 Mn
Jun 30, 2020 -1.86 Mn
Mar 31, 2020 1.52 Mn
Mar 31, 2020 1.52 Mn
Dec 31, 2019 3.84 Mn
Dec 31, 2019 3.84 Mn
Sep 30, 2019 -375,000.00
Sep 30, 2019 -375,000.00
Jun 30, 2019 -6.81 Mn
Jun 30, 2019 -6.81 Mn
Mar 31, 2019 4.63 Mn
Mar 31, 2019 4.63 Mn
Dec 31, 2018 1.94 Mn
Dec 31, 2018 1.94 Mn
Sep 30, 2018 -1.77 Mn
Sep 30, 2018 -1.77 Mn
Jun 30, 2018 -3.20 Mn
Jun 30, 2018 -3.20 Mn