Forward Air (FWRD) Minority Interest (2024 - 2026)
Forward Air's (FWRD) quarterly Minority Interest came in at $41.3 million in Q1 2026, down 42.97% YoY from $72.4 million in Q1 2025, and down 14.58% on a QoQ basis from $48.3 million in Q4 2025.
Forward Air (FWRD) Minority Interest (2024 - 2026) Analysis & Trends
Forward Air (FWRD) has 3 years of Minority Interest data on file, last reported at $41.3 million in Q1 2026.
- Quarterly Minority Interest fell 42.97% year-over-year to $41.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $41.3 million (down 42.97% YoY) and the FY2025 annual result came in at $48.3 million, down 42.57% from the prior year.
- Minority Interest retreated to $41.3 million in Q1 2026, from $48.3 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $406.4 million in Q1 2024 to a low of $41.3 million in Q1 2026.
- A 3-year average of $107.1 million and a median of $72.4 million in 2025 frame the typical range for Minority Interest.
- The widest YoY moves for Minority Interest: up 19.89% in 2025, down 82.19% in 2025.
- Tracing FWRD's Minority Interest over 3 years: stood at $84.1 million in 2024, then plunged by 42.57% to $48.3 million in 2025, then dropped by 14.58% to $41.3 million in 2026.
- The last three Minority Interest figures came in at $41.3 million (Q1 2026), $48.3 million (Q4 2025), and $56.1 million (Q3 2025), per Business Quant data.
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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| Date | Value |
|---|---|
| Jun 30, 2026 | -7.24 Mn |
| Mar 31, 2026 | 41.28 Mn |
| Dec 31, 2025 | 48.32 Mn |
| Sep 30, 2025 | 56.06 Mn |
| Jun 30, 2025 | 64.45 Mn |
| Mar 31, 2025 | 72.37 Mn |
| Dec 31, 2024 | 84.14 Mn |
| Sep 30, 2024 | 110.45 Mn |
| Jun 30, 2024 | 80.45 Mn |
| Mar 31, 2024 | 406.37 Mn |