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| Date | Value |
|---|---|
| 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 |