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
DateValue
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