Forward Air (FWRD) Exchange Rate Effect (2024 - 2026)
Forward Air (FWRD) reported Exchange Rate Effect of -$284000.0 for Q1 2026, down 179.55% on a YoY basis from $357000.0 in Q1 2025, and down 221.37% quarter-over-quarter from $234000.0 in Q4 2025.
Forward Air (FWRD) Exchange Rate Effect (2024 - 2026) Analysis & Trends
Forward Air has reported Exchange Rate Effect for 3 years, with the latest figure at -$284000.0 in Q1 2026.
- For the quarter ending Q1 2026, Exchange Rate Effect fell 179.55% year-over-year to -$284000.0; the trailing twelve-month figure through Mar 2026 stood at $150000.0 (down 88.24% YoY), and the FY2025 full-year result was $791000.0, down 21.92% from the prior year.
- Exchange Rate Effect for Q1 2026 stood at -$284000.0, down from $234000.0 in the prior quarter.
- The five-year high for Exchange Rate Effect was $875000.0 in Q4 2024, with the low at -$607000.0 in Q3 2024.
- Historically, Exchange Rate Effect has averaged $168888.9 across 3 years, with a median of $234000.0 in 2025.
- Annual changes were most pronounced in 2025 — Exchange Rate Effect jumped 279.79% — and 2026, when it tumbled 179.55%.
- Forward Air's Exchange Rate Effect stood at $875000.0 in 2024, then sank by 73.26% to $234000.0 in 2025, then slumped by 221.37% to -$284000.0 in 2026.
- The last three Exchange Rate Effect figures came in at -$284000.0 (Q1 2026), $234000.0 (Q4 2025), and -$153000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | -37.00 Mn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 112.00 Mn |
| 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 | -60,000.00 |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | -6.48 Mn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | -781,000.00 |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | -3.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -7.27 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | -461,000.00 |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | -284,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -284,000.00 |
| Mar 31, 2026 | -284,000.00 |
| Dec 31, 2025 | 234,000.00 |
| Dec 31, 2025 | 234,000.00 |
| Sep 30, 2025 | -153,000.00 |
| Sep 30, 2025 | -153,000.00 |
| Jun 30, 2025 | 353,000.00 |
| Jun 30, 2025 | 353,000.00 |
| Mar 31, 2025 | 357,000.00 |
| Mar 31, 2025 | 357,000.00 |
| Dec 31, 2024 | 875,000.00 |
| Dec 31, 2024 | 875,000.00 |
| Sep 30, 2024 | -607,000.00 |
| Sep 30, 2024 | -607,000.00 |
| Jun 30, 2024 | 651,000.00 |
| Jun 30, 2024 | 651,000.00 |
| Mar 31, 2024 | 94,000.00 |
| Mar 31, 2024 | 94,000.00 |