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
DateValue
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