Forward Air (FWRD) Current Assets (2009 - 2026)
Forward Air (FWRD) recorded Current Assets of $583.12 million in Q2 2026, up 22.9% from $474.61 million a year earlier and up 7.5% from the prior quarter.
Forward Air (FWRD) Current Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Forward Air reported Current Assets of $521 million, up 10.3% from FY2024.
- Annual Current Assets has increased for nine straight years, with a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- Across earlier years, Current Assets came in at $472.5 million in FY2024 (+36.2%), $347.03 million in FY2023 (+14.0%), $304.32 million in FY2022 (+7.6%) and $282.81 million in FY2021 (+15.0%).
- The Q2 2026 figure is the highest quarterly Current Assets in data going back to Q4 2009.
- On a year-over-year basis, Current Assets has increased for four consecutive quarters, with growth averaging 22.7% over the last eight quarters.
- Peak year-over-year performance for Current Assets in the last five years was growth of 158.9% in Q2 2024, against a decline of 31.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $542.36 million (Q1 2026), $521 million (Q4 2025) and $552.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 5.53 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 3.41 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 2.50 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 17.55 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 2.80 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 27.90 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 14.24 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 1.00 Bn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 7.21 Bn |
| 10 | Forward Air | 514.47 Mn | -19.58 Mn | - | 583.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 583.12 Mn |
| Mar 31, 2026 | 542.36 Mn |
| Dec 31, 2025 | 521.00 Mn |
| Sep 30, 2025 | 552.49 Mn |
| Jun 30, 2025 | 474.61 Mn |
| Mar 31, 2025 | 493.37 Mn |
| Dec 31, 2024 | 472.50 Mn |
| Sep 30, 2024 | 545.08 Mn |
| Jun 30, 2024 | 558.62 Mn |
| Mar 31, 2024 | 569.43 Mn |
| Dec 31, 2023 | 347.03 Mn |
| Sep 30, 2023 | 237.73 Mn |
| Jun 30, 2023 | 215.79 Mn |
| Mar 31, 2023 | 257.79 Mn |
| Dec 31, 2022 | 304.32 Mn |
| Sep 30, 2022 | 312.97 Mn |
| Jun 30, 2022 | 315.76 Mn |
| Mar 31, 2022 | 325.25 Mn |
| Dec 31, 2021 | 282.81 Mn |
| Sep 30, 2021 | 289.26 Mn |
Forward Air Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-assets&ticker=FWRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "ticker": "FWRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-assets&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();