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
DateValue
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