Forward Air (FWRD) Depreciation & Amortization - Total (2018 - 2024)

Forward Air (FWRD) reported Depreciation & Amortization - Total of $9.0 million for Q3 2024, down 15.17% on a YoY basis from $10.6 million in Q4 2023, and down 2.28% quarter-over-quarter from $9.2 million in Q2 2024.

Forward Air (FWRD) Depreciation & Amortization - Total (2018 - 2024) Analysis & Trends

Forward Air has reported Depreciation & Amortization - Total for 7 years, with the latest figure at $9.0 million in Q3 2024.

  • For the quarter ending Q3 2024, Depreciation & Amortization - Total fell 15.17% year-over-year to $9.0 million; the trailing twelve-month figure through Jun 2025 stood at $9.0 million (down 82.47% YoY), and the FY2023 full-year result was $31.6 million, up 4.24% from the prior year.
  • Depreciation & Amortization - Total for Q3 2024 stood at $9.0 million, down from $9.2 million in the prior quarter.
  • The five-year high for Depreciation & Amortization - Total was $31.6 million in Q4 2023, with the low at -$17.4 million in Q4 2021.
  • Historically, Depreciation & Amortization - Total has averaged $4.8 million across 5 years, with a median of $6.5 million in 2020.
  • Annual changes were most pronounced in 2020 — Depreciation & Amortization - Total slumped 394.36% — and 2021, when it jumped 13627.78%.
  • Forward Air's Depreciation & Amortization - Total stood at -$14.2 million in 2020, then fell by 22.77% to -$17.4 million in 2021, then soared by 142.78% to $7.5 million in 2022, then surged by 323.83% to $31.6 million in 2023, then tumbled by 71.45% to $9.0 million in 2024.
  • The last three Depreciation & Amortization - Total figures came in at $9.0 million (Q3 2024), $9.2 million (Q2 2024), and $31.6 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Amort. (Tot) (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn -
2 Fedex 78.12 Bn 66.43 Bn 20.49 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 -
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn -
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 86.00 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 -
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 9.03 Mn
Jun 30, 2024 9.24 Mn
Dec 31, 2023 31.63 Mn
Sep 30, 2023 10.64 Mn
Jun 30, 2023 7.44 Mn
Mar 31, 2023 2.19 Mn
Dec 31, 2022 7.46 Mn
Sep 30, 2022 8.11 Mn
Jun 30, 2022 7.71 Mn
Mar 31, 2022 7.05 Mn
Dec 31, 2021 -17.44 Mn
Sep 30, 2021 4.94 Mn
Jun 30, 2021 835,000.00
Mar 31, 2021 799,000.00
Dec 31, 2020 -14.21 Mn
Sep 30, 2020 36,000.00
Jun 30, 2020 5.01 Mn
Mar 31, 2020 5.98 Mn
Dec 31, 2019 4.83 Mn
Sep 30, 2019 1.05 Mn