Forward Air (FWRD) Minority Interest (2024 - 2026)

Forward Air (FWRD) reported Minority Interest of $41.3 million for Q1 2026, down 42.97% on a YoY basis from $72.4 million in Q1 2025, and down 14.58% quarter-over-quarter from $48.3 million in Q4 2025.

Forward Air (FWRD) Minority Interest (2024 - 2026) Analysis & Trends

Forward Air has reported Minority Interest for 3 years, with the latest figure at $41.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Minority Interest fell 42.97% year-over-year to $41.3 million; the trailing twelve-month figure through Mar 2026 stood at $41.3 million (down 42.97% YoY), and the FY2025 full-year result was $48.3 million, down 42.57% from the prior year.
  • Minority Interest for Q1 2026 stood at $41.3 million, down from $48.3 million in the prior quarter.
  • The five-year high for Minority Interest was $406.4 million in Q1 2024, with the low at $41.3 million in Q1 2026.
  • Historically, Minority Interest has averaged $107.1 million across 3 years, with a median of $72.4 million in 2025.
  • The largest YoY upside for Minority Interest was 19.89% in 2025 against a maximum downside of 82.19% in 2025.
  • Forward Air's Minority Interest 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.

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 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