Forward Air FWRD
NASDAQ FWRD
$18.11 +0.32 (+1.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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