Forward Air (FWRD) Goodwill (2009 - 2026)
Forward Air's (FWRD) quarterly Goodwill came in at $522.7 million in Q1 2026, little changed YoY from $522.7 million in Q1 2025, and little changed on a QoQ basis from $522.7 million in Q4 2025.
Forward Air (FWRD) Goodwill (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Goodwill data on file, last reported at $522.7 million in Q1 2026.
- Quarterly Goodwill changed 0.0% year-over-year to $522.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $522.7 million (changed 0.0% YoY) and the FY2025 annual result came in at $522.7 million, changed 0.0% from the prior year.
- Goodwill held at $522.7 million in Q1 2026, 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 $258.0 million in Q4 2022.
- A 5-year average of $467.5 million and a median of $522.7 million in 2024 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2024 — Goodwill soared 208.58% — and 2025, when it plunged 52.5%.
- Tracing FWRD's Goodwill over 5 years: stood at $258.0 million in 2022, then gained by 8.03% to $278.7 million in 2023, then jumped by 87.55% to $522.7 million in 2024, then changed by 0.0% to $522.7 million in 2025, then changed by 0.0% to $522.7 million in 2026.
- The last three Goodwill figures came in at $522.7 million (Q1 2026), $522.7 million (Q4 2025), and $522.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
|---|---|
| Jun 30, 2026 | 278.71 Mn |
| Mar 31, 2026 | 522.71 Mn |
| Dec 31, 2025 | 522.71 Mn |
| Sep 30, 2025 | 522.71 Mn |
| Jun 30, 2025 | 522.71 Mn |
| Mar 31, 2025 | 522.71 Mn |
| Dec 31, 2024 | 522.71 Mn |
| Sep 30, 2024 | 716.07 Mn |
| Jun 30, 2024 | 545.38 Mn |
| Mar 31, 2024 | 1.10 Bn |
| Dec 31, 2023 | 278.71 Mn |
| Sep 30, 2023 | 356.76 Mn |
| Jun 30, 2023 | 356.76 Mn |
| Mar 31, 2023 | 356.63 Mn |
| Dec 31, 2022 | 257.99 Mn |
| Sep 30, 2022 | 288.50 Mn |
| Jun 30, 2022 | 287.60 Mn |
| Mar 31, 2022 | 265.64 Mn |
| Dec 31, 2021 | 218.56 Mn |
| Sep 30, 2021 | 254.78 Mn |