Forward Air (FWRD) Exchange Rate Effect (2024 - 2026)
Forward Air's Exchange Rate Effect came in at $193,000 for Q2 2026, down 45.3% from $353,000 a year earlier.
Forward Air (FWRD) Exchange Rate Effect (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forward Air reported Exchange Rate Effect of -$10,000; for FY2025, it came in at $791,000, down 21.9% from FY2024.
- Going back by year, Exchange Rate Effect was $1.01 million in FY2024.
- The five-year range for quarterly Exchange Rate Effect is -$607,000 (Q3 2024) to $875,000 (Q4 2024).
- Year-over-year, Exchange Rate Effect increased in 1 of the last four quarters, with growth averaging 28.9%.
- Business Quant data shows FWRD's Exchange Rate Effect at -$284,000 (Q1 2026), $234,000 (Q4 2025) and -$153,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 17.35 Mn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | -13.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | -39.00 Mn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | -2.79 Mn |
| 10 | Forward Air | 515.15 Mn | -18.91 Mn | - | 193,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 193,000.00 |
| Mar 31, 2026 | -284,000.00 |
| Dec 31, 2025 | 234,000.00 |
| Sep 30, 2025 | -153,000.00 |
| Jun 30, 2025 | 353,000.00 |
| Mar 31, 2025 | 357,000.00 |
| Dec 31, 2024 | 875,000.00 |
| Sep 30, 2024 | -607,000.00 |
| Jun 30, 2024 | 651,000.00 |
| Mar 31, 2024 | 94,000.00 |
Forward Air Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=FWRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "FWRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();