Forward Air (FWRD) Goodwill & Intangibles (2009 - 2026)
Forward Air's (FWRD) quarterly Goodwill & Intangibles came in at $1.4 billion in Q1 2026, down 6.14% YoY from $1.5 billion in Q1 2025, and down 1.59% on a QoQ basis from $1.4 billion in Q4 2025.
Forward Air (FWRD) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Goodwill & Intangibles data on file, last reported at $1.4 billion in Q1 2026.
- Quarterly Goodwill & Intangibles fell 6.14% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 6.14% YoY) and the FY2025 annual result came in at $1.4 billion, down 6.07% from the prior year.
- Goodwill & Intangibles fell to $1.4 billion in Q1 2026, from $1.4 billion in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $2.4 billion in Q1 2024 to a low of $373.6 million in Q4 2022.
- A 5-year average of $1.1 billion and a median of $1.4 billion in 2026 frame the typical range for Goodwill & Intangibles.
- Annual changes were most pronounced in 2024 — Goodwill & Intangibles jumped 361.58% — and 2025, when it tumbled 36.62%.
- Tracing FWRD's Goodwill & Intangibles over 5 years: stood at $373.6 million in 2022, then grew by 10.69% to $413.5 million in 2023, then soared by 268.06% to $1.5 billion in 2024, then decreased by 6.07% to $1.4 billion in 2025, then dropped by 1.59% to $1.4 billion in 2026.
- The last three Goodwill & Intangibles figures came in at $1.4 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn |
Historic Data
Download 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 | 2.36 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 |