Forward Air (FWRD) Income towards Parent Company (2009 - 2026)
Forward Air (FWRD) reported Income towards Parent Company of -$40.2 million for Q1 2026, up 34.31% on a YoY basis from -$29.9 million in Q1 2025, and up 34.31% quarter-over-quarter from -$61.2 million in Q1 2025.
Forward Air (FWRD) Income towards Parent Company (2009 - 2026) Analysis & Trends
Forward Air has reported Income towards Parent Company for 18 years, with the latest figure at -$40.2 million in Q1 2026.
- For the quarter ending Q1 2026, Income towards Parent Company rose 34.31% year-over-year to -$40.2 million; the trailing twelve-month figure through Mar 2026 stood at -$40.2 million (up 40.52% YoY), and the FY2024 full-year result was -$6.4 million, down 105.13% from the prior year.
- Income towards Parent Company for Q1 2026 stood at -$40.2 million, up from -$61.2 million in the prior quarter.
- The five-year high for Income towards Parent Company was $116.5 million in Q4 2023, with the low at -$61.2 million in Q1 2025.
- Historically, Income towards Parent Company has averaged $2.3 million across 5 years, with a median of $2.5 million in 2023.
- Annual changes were most pronounced in 2023 — Income towards Parent Company jumped 2861.23% — and 2024, when it sank 272.66%.
- Forward Air's Income towards Parent Company stood at $3.9 million in 2022, then jumped by 2861.23% to $116.5 million in 2023, then sank by 100.32% to -$374000.0 in 2024, then sank by 16261.23% to -$61.2 million in 2025, then soared by 34.31% to -$40.2 million in 2026.
- The last three Income towards Parent Company figures came in at -$40.2 million (Q1 2026), -$61.2 million (Q1 2025), and -$374000.0 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -40.20 Mn |
| Mar 31, 2025 | -61.19 Mn |
| Dec 31, 2024 | -374,000.00 |
| Sep 30, 2024 | -1.14 Mn |
| Jun 30, 2024 | -4.88 Mn |
| Dec 31, 2023 | 116.47 Mn |
| Sep 30, 2023 | 2.80 Mn |
| Jun 30, 2023 | 2.82 Mn |
| Mar 31, 2023 | 2.46 Mn |
| Dec 31, 2022 | 3.93 Mn |
| Sep 30, 2022 | 3.63 Mn |
| Jun 30, 2022 | 4.00 Mn |
| Mar 31, 2022 | 2.22 Mn |
| Dec 31, 2021 | 11.48 Mn |
| Sep 30, 2021 | -6.97 Mn |
| Mar 31, 2021 | -5.53 Mn |
| Dec 31, 2020 | -19.58 Mn |
| Sep 30, 2020 | -345,000.00 |
| Jun 30, 2020 | -6.07 Mn |
| Mar 31, 2020 | -3.04 Mn |