Forward Air (FWRD) Current Leases (2009 - 2026)
Forward Air (FWRD) reported Current Leases of $15.3 million for Q1 2026, down 84.3% on a YoY basis from $97.6 million in Q1 2025, and down 4.24% quarter-over-quarter from $16.0 million in Q4 2025.
Forward Air (FWRD) Current Leases (2009 - 2026) Analysis & Trends
Forward Air has reported Current Leases for 17 years, with the latest figure at $15.3 million in Q1 2026.
- For the quarter ending Q1 2026, Current Leases fell 84.3% year-over-year to $15.3 million; the trailing twelve-month figure through Mar 2026 stood at $15.3 million (down 84.3% YoY), and the FY2025 full-year result was $16.0 million, down 83.41% from the prior year.
- Current Leases for Q1 2026 stood at $15.3 million, down from $16.0 million in the prior quarter.
- The five-year high for Current Leases was $101.4 million in Q3 2025, with the low at $15.3 million in Q1 2026.
- Historically, Current Leases has averaged $64.1 million across 5 years, with a median of $52.1 million in 2023.
- Annual changes were most pronounced in 2024 — Current Leases jumped 117.48% — and 2026, when it plunged 84.3%.
- Forward Air's Current Leases stood at $42.3 million in 2022, then gained by 4.92% to $44.3 million in 2023, then jumped by 117.48% to $96.4 million in 2024, then tumbled by 83.41% to $16.0 million in 2025, then slipped by 4.24% to $15.3 million in 2026.
- The last three Current Leases figures came in at $15.3 million (Q1 2026), $16.0 million (Q4 2025), and $101.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 742.00 Mn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 2.62 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 | 71.66 Mn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 110.89 Mn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 26.12 Mn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 749.00 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 | 29.31 Mn |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | 15.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.32 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 101.42 Mn |
| Jun 30, 2025 | 101.01 Mn |
| Mar 31, 2025 | 97.58 Mn |
| Dec 31, 2024 | 96.44 Mn |
| Sep 30, 2024 | 89.57 Mn |
| Jun 30, 2024 | 89.19 Mn |
| Mar 31, 2024 | 93.65 Mn |
| Dec 31, 2023 | 44.34 Mn |
| Sep 30, 2023 | 51.52 Mn |
| Jun 30, 2023 | 52.80 Mn |
| Mar 31, 2023 | 52.14 Mn |
| Dec 31, 2022 | 42.27 Mn |
| Sep 30, 2022 | 48.61 Mn |
| Jun 30, 2022 | 49.50 Mn |
| Mar 31, 2022 | 48.50 Mn |
| Dec 31, 2021 | 47.53 Mn |
| Sep 30, 2021 | 46.01 Mn |
| Jun 30, 2021 | 46.04 Mn |