Forward Air (FWRD) Liabilities and Shareholders Equity (2009 - 2026)
Forward Air (FWRD) reported Liabilities and Shareholders Equity of $2.7 billion for Q1 2026, down 3.85% on a YoY basis from $2.8 billion in Q1 2025, and down 0.85% quarter-over-quarter from $2.7 billion in Q4 2025.
Forward Air (FWRD) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends
Forward Air has reported Liabilities and Shareholders Equity for 18 years, with the latest figure at $2.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Liabilities and Shareholders Equity fell 3.85% year-over-year to $2.7 billion; the trailing twelve-month figure through Mar 2026 stood at $11.0 billion (down 6.47% YoY), and the FY2025 full-year result was $2.7 billion, down 2.99% from the prior year.
- Liabilities and Shareholders Equity for Q1 2026 stood at $2.7 billion, down from $2.7 billion in the prior quarter.
- The five-year high for Liabilities and Shareholders Equity was $4.0 billion in Q1 2024, with the low at $1.2 billion in Q1 2022.
- Historically, Liabilities and Shareholders Equity has averaged $2.2 billion across 5 years, with a median of $2.7 billion in 2025.
- Annual changes were most pronounced in 2024 — Liabilities and Shareholders Equity surged 222.79% — and 2025, when it fell 29.18%.
- Forward Air's Liabilities and Shareholders Equity stood at $1.2 billion in 2022, then jumped by 146.63% to $3.0 billion in 2023, then decreased by 5.94% to $2.8 billion in 2024, then dropped by 2.99% to $2.7 billion in 2025, then decreased by 0.85% to $2.7 billion in 2026.
- The last three Liabilities and Shareholders Equity figures came in at $2.7 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 71.81 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 94.73 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 7.93 Bn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 5.24 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 4.89 Bn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 1.60 Bn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 12.19 Bn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 14.12 Bn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 3.15 Bn |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | 2.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.70 Bn |
| Dec 31, 2025 | 2.72 Bn |
| Sep 30, 2025 | 2.79 Bn |
| Jun 30, 2025 | 2.76 Bn |
| Mar 31, 2025 | 2.80 Bn |
| Dec 31, 2024 | 2.80 Bn |
| Sep 30, 2024 | 3.06 Bn |
| Jun 30, 2024 | 3.07 Bn |
| Mar 31, 2024 | 3.96 Bn |
| Dec 31, 2023 | 2.98 Bn |
| Sep 30, 2023 | 1.19 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 1.21 Bn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 1.17 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 1.07 Bn |
| Jun 30, 2021 | 1.08 Bn |