Forward Air (FWRD) Divestments (2019 - 2023)
Forward Air (FWRD) reported Divestments of $259.9 million for Q4 2023, up 17717.83% on a YoY basis from N/an in Q4 2022, and up 43482.8% quarter-over-quarter from -$599000.0 in Q3 2023.
Forward Air (FWRD) Divestments (2019 - 2023) Analysis & Trends
Forward Air has reported Divestments for 5 years, with the latest figure at $259.9 million in Q4 2023.
- For the quarter ending Q4 2023, Divestments rose 17717.83% year-over-year to $259.9 million; the trailing twelve-month figure through Sep 2024 stood at $259.9 million (up 9337.93% YoY), and the FY2023 full-year result was $258.5 million, up 17627.12% from the prior year.
- Divestments for Q4 2023 stood at $259.9 million, up from -$599000.0 in the prior quarter.
- The five-year high for Divestments was $259.9 million in Q4 2023, with the low at -$2.1 million in Q4 2019.
- Historically, Divestments has averaged $20.0 million across 5 years, with a median of -$469000.0 in 2023.
- Annual changes were most pronounced in 2022 — Divestments plunged 100.95% — and 2023, when it surged 17717.83%.
- Forward Air's Divestments stood at -$2.1 million in 2019, then soared by 81.18% to -$394000.0 in 2020, then plunged by 86.29% to -$734000.0 in 2021, then slumped by 100.95% to -$1.5 million in 2022, then surged by 17717.83% to $259.9 million in 2023.
- The last three Divestments figures came in at $259.9 million (Q4 2023), -$599000.0 (Q3 2023), and -$469000.0 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (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 | 11.83 Mn |
| 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 | - |
| 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 |
|---|---|
| Dec 31, 2023 | 259.86 Mn |
| Sep 30, 2023 | -599,000.00 |
| Jun 30, 2023 | -469,000.00 |
| Mar 31, 2023 | -270,000.00 |
| Dec 31, 2022 | -1.48 Mn |
| Dec 31, 2021 | -734,000.00 |
| Mar 31, 2021 | 8.02 Mn |
| Dec 31, 2020 | -394,000.00 |
| Sep 30, 2020 | -172,000.00 |
| Jun 30, 2020 | -144,000.00 |
| Mar 31, 2020 | -491,000.00 |
| Dec 31, 2019 | -2.09 Mn |
| Sep 30, 2019 | -1.33 Mn |