Forward Air (FWRD) Minority Interest (2024 - 2026)
Forward Air's Minority Interest came in at -$7.24 million for Q2 2026, compared with $64.45 million a year earlier.
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Analysis
Forward Air (FWRD) Minority Interest (2024 - 2026) Analysis & Trends
At the end of FY2025, Forward Air's Minority Interest was $48.32 million, down 42.6% from FY2024.
- Going back by year, Minority Interest was $84.14 million in FY2024.
- The Q2 2026 figure represents the lowest quarterly Minority Interest in data going back to Q1 2024.
- Business Quant data shows FWRD's Minority Interest at $41.28 million (Q1 2026), $48.32 million (Q4 2025) and $56.06 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn |
| 10 | Forward Air | 506.38 Mn | -27.68 Mn | - |
Historic Data
Download Data
Historic 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 |
API Access
Forward Air Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=FWRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "FWRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();