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| Date | Value |
|---|---|
| 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 |