Forward Air (FWRD) Goodwill & Intangibles (2009 - 2026)
Forward Air (FWRD) posted Goodwill & Intangibles of $1.14 billion for Q2 2026, down 22.8% from $1.48 billion a year earlier and down 19.0% from the prior quarter.
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Analysis
Forward Air (FWRD) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Forward Air's Goodwill & Intangibles came in at $1.43 billion, down 6.1% from FY2024.
- Annual Goodwill & Intangibles shows a five-year compound annual growth rate of 29.7% (FY2020 to FY2025).
- In prior years, Forward Air's Goodwill & Intangibles was $1.52 billion in FY2024 (+268.1%), $413.5 million in FY2023 (+10.7%), $373.57 million in FY2022 (+0.1%) and $373.27 million in FY2021 (-4.3%).
- The Q2 2026 figure stands as the lowest quarterly Goodwill & Intangibles since Q4 2023.
- On a year-over-year basis, Goodwill & Intangibles has declined in each of the last six quarters, with growth averaging 50.4% over the last eight quarters.
- The strongest year-over-year quarter for Goodwill & Intangibles in the past five years was Q1 2024, with growth of 416.0%; the weakest was Q1 2025, with a decline of 43.3%.
- According to Business Quant data, Goodwill & Intangibles for the three prior quarters was $1.41 billion (Q1 2026), $1.43 billion (Q4 2025) and $1.45 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - |
| 10 | Forward Air | 536.74 Mn | 2.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 Bn |
| Mar 31, 2026 | 1.41 Bn |
| Dec 31, 2025 | 1.43 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.48 Bn |
| Mar 31, 2025 | 1.50 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.75 Bn |
| Jun 30, 2024 | 1.78 Bn |
| Mar 31, 2024 | 2.64 Bn |
| Dec 31, 2023 | 413.50 Mn |
| Sep 30, 2023 | 503.47 Mn |
| Jun 30, 2023 | 507.98 Mn |
| Mar 31, 2023 | 512.35 Mn |
| Dec 31, 2022 | 373.57 Mn |
| Sep 30, 2022 | 443.66 Mn |
| Jun 30, 2022 | 447.81 Mn |
| Mar 31, 2022 | 416.28 Mn |
| Dec 31, 2021 | 373.27 Mn |
| Sep 30, 2021 | 396.97 Mn |
API Access
Forward Air Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=FWRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();