Forward Air (FWRD) Enterprise Value (2009 - 2026)
Forward Air's (FWRD) quarterly Enterprise Value came in at -$99.7 million in Q1 2026, down 127.01% YoY from $369.3 million in Q1 2025, and down 72.94% on a QoQ basis from -$57.7 million in Q4 2025.
Forward Air (FWRD) Enterprise Value (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Enterprise Value data on file, last reported at -$99.7 million in Q1 2026.
- Quarterly Enterprise Value fell 127.01% year-over-year to -$99.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$99.7 million (down 127.01% YoY) and the FY2025 annual result came in at -$57.7 million, down 177.78% from the prior year.
- Enterprise Value fell to -$99.7 million in Q1 2026, from -$57.7 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $254.3 million in Q1 2024 to a low of -$99.7 million in Q1 2026.
- A 5-year average of -$10.6 million and a median of -$35.8 million in 2023 frame the typical range for Enterprise Value.
- The widest YoY moves for Enterprise Value: up 1549.76% in 2025, down 177.78% in 2025.
- Tracing FWRD's Enterprise Value over 5 years: stood at -$45.8 million in 2022, then climbed by 13.57% to -$39.6 million in 2023, then soared by 47.57% to -$20.8 million in 2024, then plunged by 177.78% to -$57.7 million in 2025, then tumbled by 72.94% to -$99.7 million in 2026.
- The last three Enterprise Value figures came in at -$99.7 million (Q1 2026), -$57.7 million (Q4 2025), and $56.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | -4.62 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | -13.31 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | -4.16 Mn |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | -1.03 Bn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | -4.30 Bn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | -154.59 Mn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | -347.70 Mn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | -734.00 Mn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | -278.75 Mn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | -146.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -146.68 Mn |
| Mar 31, 2026 | -99.75 Mn |
| Dec 31, 2025 | -57.68 Mn |
| Sep 30, 2025 | 56.06 Mn |
| Jun 30, 2025 | 64.27 Mn |
| Mar 31, 2025 | -43.94 Mn |
| Dec 31, 2024 | -20.76 Mn |
| Sep 30, 2024 | -26.17 Mn |
| Jun 30, 2024 | -4.43 Mn |
| Mar 31, 2024 | 254.33 Mn |
| Dec 31, 2023 | -39.60 Mn |
| Jun 30, 2023 | -18.28 Mn |
| Mar 31, 2023 | -32.03 Mn |
| Dec 31, 2022 | -45.82 Mn |
| Sep 30, 2022 | -46.85 Mn |
| Jun 30, 2022 | -47.39 Mn |
| Mar 31, 2022 | -61.63 Mn |
| Dec 31, 2021 | -37.32 Mn |
| Sep 30, 2021 | -51.93 Mn |
| Jun 30, 2021 | -50.84 Mn |