Forward Air (FWRD) Divestments (2019 - 2023)
Forward Air's (FWRD) quarterly Divestments came in at $259.9 million in Q4 2023, up 17717.83% YoY from N/an in Q4 2022, and up 43482.8% on a QoQ basis from -$599000.0 in Q3 2023.
Forward Air (FWRD) Divestments (2019 - 2023) Analysis & Trends
Forward Air (FWRD) has 5 years of Divestments data on file, last reported at $259.9 million in Q4 2023.
- Quarterly Divestments rose 17717.83% year-over-year to $259.9 million in Q4 2023, while the trailing twelve-month figure through Sep 2024 was $259.9 million (up 9337.93% YoY) and the FY2023 annual result came in at $258.5 million, up 17627.12% from the prior year.
- Divestments grew to $259.9 million in Q4 2023, from -$599000.0 in the prior quarter.
- In the past five years, Divestments ranged from a high of $259.9 million in Q4 2023 to a low of -$2.1 million in Q4 2019.
- A 5-year average of $20.0 million and a median of -$469000.0 in 2023 frame the typical range for Divestments.
- Annual changes were most pronounced in 2022 — Divestments plunged 100.95% — and 2023, when it surged 17717.83%.
- Tracing FWRD's Divestments over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | - |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | - |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | - |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | - |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | - |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | - |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | - |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | - |
| 10 | Forward Air | 577.19 Mn | 437.74 Mn | 617.46 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 |