Growth Metrics

Forward Air (FWRD) Goodwill (2016 - 2025)

Forward Air's Goodwill history spans 17 years, with the latest figure at $522.7 million for Q4 2025.

  • For Q4 2025, Goodwill changed 0.0% year-over-year to $522.7 million; the TTM value through Dec 2025 reached $522.7 million, changed 0.0%, while the annual FY2025 figure was $522.7 million, 0.0% changed from the prior year.
  • Goodwill reached $522.7 million in Q4 2025 per FWRD's latest filing, roughly flat from $522.7 million in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $1.1 billion in Q1 2024 to a low of $218.6 million in Q4 2021.
  • Average Goodwill over 5 years is $420.2 million, with a median of $356.7 million recorded in 2023.
  • Peak YoY movement for Goodwill: skyrocketed 208.58% in 2024, then crashed 52.5% in 2025.
  • A 5-year view of Goodwill shows it stood at $218.6 million in 2021, then grew by 18.04% to $258.0 million in 2022, then rose by 8.03% to $278.7 million in 2023, then soared by 87.55% to $522.7 million in 2024, then changed by 0.0% to $522.7 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Goodwill are $522.7 million (Q4 2025), $522.7 million (Q3 2025), and $522.7 million (Q2 2025).