Forward Air (FWRD) Common Equity (2009 - 2026)
Forward Air's (FWRD) quarterly Common Equity came in at $81.0 million in Q1 2026, down 64.32% YoY from $227.0 million in Q1 2025, and down 49.9% on a QoQ basis from $161.7 million in Q4 2025.
Forward Air (FWRD) Common Equity (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Common Equity data on file, last reported at $81.0 million in Q1 2026.
- Quarterly Common Equity fell 64.32% year-over-year to $81.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $81.0 million (down 64.32% YoY) and the FY2025 annual result came in at $161.7 million, down 43.45% from the prior year.
- Common Equity slipped to $81.0 million in Q1 2026, from $161.7 million in the prior quarter.
- In the past five years, Common Equity ranged from a high of $1.3 billion in Q1 2024 to a low of $81.0 million in Q1 2026.
- A 5-year average of $505.8 million and a median of $611.8 million in 2022 frame the typical range for Common Equity.
- Annual changes were most pronounced in 2024 — Common Equity jumped 94.34% — and 2025, when it tumbled 82.96%.
- Tracing FWRD's Common Equity over 5 years: 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 slumped by 43.45% to $161.7 million in 2025, then plunged by 49.9% to $81.0 million in 2026.
- The last three Common Equity figures came in at $81.0 million (Q1 2026), $161.7 million (Q4 2025), and $139.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.78 Bn | 83.13 Bn | 19.65 Bn | 15.10 Bn |
| 2 | Fedex | 77.69 Bn | 64.38 Bn | 18.84 Bn | 31.65 Bn |
| 3 | Hunt J B Transport Services | 26.19 Bn | 26.19 Bn | - | 3.66 Bn |
| 4 | Expeditors International Of Washington | 24.67 Bn | 23.63 Bn | 1.09 Bn | 2.12 Bn |
| 5 | ZTO Express (Cayman) | 17.22 Bn | 12.81 Bn | 469.01 Mn | 9.12 Bn |
| 6 | C. H. Robinson Worldwide | 17.16 Bn | 17.01 Bn | 1.11 Bn | 1.63 Bn |
| 7 | Landstar System | 6.25 Bn | 5.90 Bn | 308.86 Mn | 836.73 Mn |
| 8 | GXO Logistics | 5.29 Bn | 4.52 Bn | 508.00 Mn | 3.02 Bn |
| 9 | Pitney Bowes | 2.20 Bn | 1.92 Bn | 296.14 Mn | -863.28 Mn |
| 10 | Forward Air | 593.43 Mn | 453.98 Mn | 617.46 Mn | -122.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -122.67 Mn |
| Mar 31, 2026 | 81.00 Mn |
| Dec 31, 2025 | 161.66 Mn |
| Sep 30, 2025 | 139.78 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 |