Forward Air (FWRD) Non-Current Debt (2009 - 2026)
Forward Air's (FWRD) quarterly Non-Current Debt came in at $1.7 billion in Q1 2026, up 0.69% YoY from $1.7 billion in Q1 2025, and little changed on a QoQ basis from $1.7 billion in Q4 2025.
Forward Air (FWRD) Non-Current Debt (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Non-Current Debt data on file, last reported at $1.7 billion in Q1 2026.
- Quarterly Non-Current Debt rose 0.69% year-over-year to $1.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 0.69% YoY) and the FY2025 annual result came in at $1.7 billion, up 0.68% from the prior year.
- Non-Current Debt was little changed at $1.7 billion in Q1 2026, from $1.7 billion in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $1.7 billion in Q1 2026 to a low of $106.6 million in Q4 2022.
- A 5-year average of $1.0 billion and a median of $1.7 billion in 2024 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2022 — Non-Current Debt plunged 33.71% — and 2024, when it surged 1271.05%.
- Tracing FWRD's Non-Current Debt over 5 years: stood at $106.6 million in 2022, then increased by 14.5% to $122.0 million in 2023, then soared by 1273.21% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | 23.85 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | 23.46 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | 1.15 Bn |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | - |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | 2.46 Mn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | 1.69 Bn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | - |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | 2.45 Bn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | 2.03 Bn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | 1.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.69 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.68 Bn |
| Jun 30, 2025 | 1.68 Bn |
| Mar 31, 2025 | 1.68 Bn |
| Dec 31, 2024 | 1.68 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.68 Bn |
| Mar 31, 2024 | 1.66 Bn |
| Sep 30, 2023 | 122.05 Mn |
| Jun 30, 2023 | 122.39 Mn |
| Mar 31, 2023 | 150.68 Mn |
| Dec 31, 2022 | 106.59 Mn |
| Sep 30, 2022 | 106.93 Mn |
| Jun 30, 2022 | 148.77 Mn |
| Mar 31, 2022 | 156.62 Mn |
| Dec 31, 2021 | 155.47 Mn |
| Sep 30, 2021 | 161.31 Mn |
| Jun 30, 2021 | 161.73 Mn |