Forward Air (FWRD) Income from Non-Controlling Interests (2024 - 2026)
Forward Air (FWRD) reported Income from Non-Controlling Interests of -$6.3 million for Q1 2026, up 40.16% on a YoY basis from -$4.5 million in Q1 2025, and up 10.79% quarter-over-quarter from -$7.1 million in Q4 2025.
Forward Air (FWRD) Income from Non-Controlling Interests (2024 - 2026) Analysis & Trends
Forward Air has reported Income from Non-Controlling Interests for 3 years, with the latest figure at -$6.3 million in Q1 2026.
- For the quarter ending Q1 2026, Income from Non-Controlling Interests rose 40.16% year-over-year to -$6.3 million; the trailing twelve-month figure through Mar 2026 stood at -$28.7 million (up 90.37% YoY), and the FY2025 full-year result was -$32.9 million, up 89.52% from the prior year.
- Income from Non-Controlling Interests for Q1 2026 stood at -$6.3 million, up from -$7.1 million in the prior quarter.
- The five-year high for Income from Non-Controlling Interests was $38.1 million in Q3 2024, with the low at -$325.9 million in Q2 2024.
- Historically, Income from Non-Controlling Interests has averaged -$39.3 million across 3 years, with a median of -$7.5 million in 2025.
- The largest YoY upside for Income from Non-Controlling Interests was 97.61% in 2025 against a maximum downside of 1166.11% in 2025.
- Forward Air's Income from Non-Controlling Interests stood at $664000.0 in 2024, then plunged by 1166.11% to -$7.1 million in 2025, then grew by 10.79% to -$6.3 million in 2026.
- The last three Income from Non-Controlling Interests figures came in at -$6.3 million (Q1 2026), -$7.1 million (Q4 2025), and -$7.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | - |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | - |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | - |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | - |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 245,000.00 |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | - |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 1.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -5.51 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | - |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | -6.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.32 Mn |
| Dec 31, 2025 | -7.08 Mn |
| Sep 30, 2025 | -7.51 Mn |
| Jun 30, 2025 | -7.78 Mn |
| Mar 31, 2025 | -10.55 Mn |
| Dec 31, 2024 | 664,000.00 |
| Sep 30, 2024 | 38.07 Mn |
| Jun 30, 2024 | -325.91 Mn |
| Mar 31, 2024 | -27.08 Mn |