Forward Air (FWRD) Common Equity (2009 - 2026)

Forward Air (FWRD) reported Common Equity of $122.3 million for Q1 2026, down 46.14% on a YoY basis from $227.0 million in Q1 2025, and up 7.88% quarter-over-quarter from $113.3 million in Q4 2025.

Forward Air (FWRD) Common Equity (2009 - 2026) Analysis & Trends

Forward Air has reported Common Equity for 18 years, with the latest figure at $122.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Common Equity fell 46.14% year-over-year to $122.3 million; the trailing twelve-month figure through Mar 2026 stood at $122.3 million (down 46.14% YoY), and the FY2025 full-year result was $113.3 million, down 60.35% from the prior year.
  • Common Equity for Q1 2026 stood at $122.3 million, up from $113.3 million in the prior quarter.
  • The five-year high for Common Equity was $1.3 billion in Q1 2024, with the low at $113.3 million in Q4 2025.
  • Historically, Common Equity has averaged $508.6 million across 5 years, with a median of $611.8 million in 2022.
  • Annual changes were most pronounced in 2024 — Common Equity jumped 94.34% — and 2025, when it tumbled 82.96%.
  • Forward Air's Common Equity stood at $707.2 million in 2022, then increased by 8.06% to $764.3 million in 2023, then tumbled by 62.6% to $285.9 million in 2024, then plunged by 60.35% to $113.3 million in 2025, then rose by 7.88% to $122.3 million in 2026.
  • The last three Common Equity figures came in at $122.3 million (Q1 2026), $113.3 million (Q4 2025), and $195.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 15.79 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 29.80 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 3.59 Bn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 1.70 Bn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 2.36 Bn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 798.98 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 2.97 Bn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 9.12 Bn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn -893.57 Mn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 122.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 122.28 Mn
Dec 31, 2025 113.34 Mn
Sep 30, 2025 195.84 Mn
Jun 30, 2025 216.24 Mn
Mar 31, 2025 227.01 Mn
Dec 31, 2024 285.87 Mn
Sep 30, 2024 336.53 Mn
Jun 30, 2024 362.22 Mn
Mar 31, 2024 1.33 Bn
Dec 31, 2023 764.26 Mn
Sep 30, 2023 665.70 Mn
Jun 30, 2023 673.61 Mn
Mar 31, 2023 685.63 Mn
Dec 31, 2022 707.24 Mn
Sep 30, 2022 682.70 Mn
Jun 30, 2022 664.35 Mn
Mar 31, 2022 611.77 Mn
Dec 31, 2021 593.65 Mn
Sep 30, 2021 555.54 Mn
Jun 30, 2021 550.35 Mn