Forward Air (FWRD) Non-Current Debt (2009 - 2026)

Forward Air (FWRD) reported Non-Current Debt of $1.7 billion for Q1 2026, up 0.69% on a YoY basis from $1.7 billion in Q1 2025, and little changed quarter-over-quarter from $1.7 billion in Q4 2025.

Forward Air (FWRD) Non-Current Debt (2009 - 2026) Analysis & Trends

Forward Air has reported Non-Current Debt for 18 years, with the latest figure at $1.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 0.69% year-over-year to $1.7 billion; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 0.69% YoY), and the FY2025 full-year result was $1.7 billion, up 0.68% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $1.7 billion, roughly flat from $1.7 billion in the prior quarter.
  • The five-year high for Non-Current Debt was $1.7 billion in Q1 2026, with the low at $106.6 million in Q4 2022.
  • Historically, Non-Current Debt has averaged $1.0 billion across 5 years, with a median of $1.7 billion in 2024.
  • Annual changes were most pronounced in 2022 — Non-Current Debt plunged 33.71% — and 2024, when it jumped 1307.82%.
  • Forward Air's Non-Current Debt stood at $106.6 million in 2022, then grew by 11.51% to $118.9 million in 2023, then surged by 1310.04% to $1.7 billion in 2024, then increased by 0.68% to $1.7 billion in 2025, then increased by 0.18% to $1.7 billion in 2026.
  • The last three Non-Current Debt figures came in at $1.7 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 23.75 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 22.83 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 1.30 Bn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 1.34 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 2.65 Bn
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 1.77 Bn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 1.69 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.69 Bn
Mar 31, 2026 1.69 Bn
Dec 31, 2025 1.69 Bn
Dec 31, 2025 1.69 Bn
Sep 30, 2025 1.68 Bn
Sep 30, 2025 1.68 Bn
Jun 30, 2025 1.68 Bn
Jun 30, 2025 1.68 Bn
Mar 31, 2025 1.68 Bn
Mar 31, 2025 1.68 Bn
Dec 31, 2024 1.68 Bn
Dec 31, 2024 1.68 Bn
Sep 30, 2024 1.67 Bn
Sep 30, 2024 1.67 Bn
Jun 30, 2024 1.68 Bn
Jun 30, 2024 1.68 Bn
Mar 31, 2024 1.66 Bn
Mar 31, 2024 1.66 Bn
Sep 30, 2023 118.86 Mn
Sep 30, 2023 118.86 Mn