Forward Air (FWRD) Current Leases (2009 - 2026)
Forward Air's (FWRD) quarterly Current Leases came in at $15.3 million in Q1 2026, down 84.3% YoY from $97.6 million in Q1 2025, and down 85.69% on a QoQ basis from $107.0 million in Q4 2025.
Forward Air (FWRD) Current Leases (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 17 years of Current Leases data on file, last reported at $15.3 million in Q1 2026.
- Quarterly Current Leases fell 84.3% year-over-year to $15.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.3 million (down 84.3% YoY) and the FY2025 annual result came in at $107.0 million, up 532.17% from the prior year.
- Current Leases retreated to $15.3 million in Q1 2026, from $107.0 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $107.0 million in Q4 2025 to a low of $15.3 million in Q1 2026.
- A 5-year average of $64.8 million and a median of $52.1 million in 2023 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2025 — Current Leases jumped 532.17% — and 2026, when it plunged 84.3%.
- Tracing FWRD's Current Leases over 5 years: stood at $42.3 million in 2022, then gained by 4.92% to $44.3 million in 2023, then slumped by 61.82% to $16.9 million in 2024, then jumped by 532.17% to $107.0 million in 2025, then plunged by 85.69% to $15.3 million in 2026.
- The last three Current Leases figures came in at $15.3 million (Q1 2026), $107.0 million (Q4 2025), and $101.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.94 Bn | 82.29 Bn | 19.65 Bn | 729.00 Mn |
| 2 | Fedex | 77.60 Bn | 64.29 Bn | 18.84 Bn | 2.68 Bn |
| 3 | Hunt J B Transport Services | 25.92 Bn | 25.92 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.72 Bn | 23.69 Bn | 1.09 Bn | 116.23 Mn |
| 5 | ZTO Express (Cayman) | 17.16 Bn | 12.75 Bn | 469.01 Mn | - |
| 6 | C. H. Robinson Worldwide | 17.01 Bn | 16.86 Bn | 1.11 Bn | 70.65 Mn |
| 7 | Landstar System | 6.26 Bn | 5.92 Bn | 308.86 Mn | 24.69 Mn |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 779.00 Mn |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | 29.94 Mn |
| 10 | Forward Air | 590.83 Mn | 451.38 Mn | 617.46 Mn | 107.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 107.50 Mn |
| Mar 31, 2026 | 15.32 Mn |
| Dec 31, 2025 | 107.03 Mn |
| Sep 30, 2025 | 101.42 Mn |
| Jun 30, 2025 | 101.01 Mn |
| Mar 31, 2025 | 97.58 Mn |
| Dec 31, 2024 | 16.93 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 |