Forward Air (FWRD) Non-Current Assets (2009 - 2026)
Forward Air's Non-Current Assets was $1.83 billion in Q2 2026, down 20.1% from $2.29 billion a year earlier and down 15.1% from the prior quarter.
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Analysis
Forward Air (FWRD) Non-Current Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Assets at Forward Air came in at $2.2 billion, down 5.7% from FY2024.
- Non-Current Assets shows a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- In earlier years, Non-Current Assets was $2.33 billion in FY2024 (-11.5%), $2.63 billion in FY2023 (+191.3%), $903.76 million in FY2022 (+8.2%) and $835.02 million in FY2021 (+4.2%).
- The Q2 2026 figure marks the lowest quarterly Non-Current Assets since Q3 2023.
- Compared with a year earlier, Non-Current Assets has declined for seven straight quarters, with growth averaging 8.5% over the last eight quarters.
- The best year-over-year quarter for Non-Current Assets over five years was Q1 2024 (growth of 249.9%); the worst was Q1 2025 (a decline of 31.8%).
- Per Business Quant data, FWRD's Non-Current Assets in the three quarters before Q2 2026 was $2.15 billion (Q1 2026), $2.2 billion (Q4 2025) and $2.24 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 65.68 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 41.32 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 62.05 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 53.72 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 42.32 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 71.03 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 72.09 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 4.73 Bn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 13.91 Bn |
| 10 | Forward Air | 515.15 Mn | -18.91 Mn | - | 1.83 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 Bn |
| Mar 31, 2026 | 2.15 Bn |
| Dec 31, 2025 | 2.20 Bn |
| Sep 30, 2025 | 2.24 Bn |
| Jun 30, 2025 | 2.29 Bn |
| Mar 31, 2025 | 2.31 Bn |
| Dec 31, 2024 | 2.33 Bn |
| Sep 30, 2024 | 2.51 Bn |
| Jun 30, 2024 | 2.51 Bn |
| Mar 31, 2024 | 3.39 Bn |
| Dec 31, 2023 | 2.63 Bn |
| Sep 30, 2023 | 952.85 Mn |
| Jun 30, 2023 | 968.79 Mn |
| Mar 31, 2023 | 968.77 Mn |
| Dec 31, 2022 | 903.76 Mn |
| Sep 30, 2022 | 873.09 Mn |
| Jun 30, 2022 | 881.39 Mn |
| Mar 31, 2022 | 841.55 Mn |
| Dec 31, 2021 | 835.02 Mn |
| Sep 30, 2021 | 781.25 Mn |
API Access
Forward Air Non-Current Assets 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=non-current-assets&ticker=FWRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();