Forward Air (FWRD) Non-Current Deferred Tax Liability (2009 - 2026)
Forward Air (FWRD) reported Non-Current Deferred Tax Liability of $25.0 million for Q1 2026, down 29.01% on a YoY basis from $35.2 million in Q1 2025, and down 8.26% quarter-over-quarter from $27.2 million in Q4 2025.
Forward Air (FWRD) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Forward Air has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at $25.0 million in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Deferred Tax Liability fell 29.01% year-over-year to $25.0 million; the trailing twelve-month figure through Mar 2026 stood at $25.0 million (down 29.01% YoY), and the FY2025 full-year result was $27.2 million, down 28.68% from the prior year.
- Non-Current Deferred Tax Liability for Q1 2026 stood at $25.0 million, down from $27.2 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $271.2 million in Q2 2024, with the low at $25.0 million in Q1 2026.
- Historically, Non-Current Deferred Tax Liability has averaged $76.5 million across 5 years, with a median of $45.4 million in 2022.
- Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability jumped 409.06% — and 2025, when it slumped 87.67%.
- Forward Air's Non-Current Deferred Tax Liability stood at $108.1 million in 2022, then slumped by 60.96% to $42.2 million in 2023, then declined by 9.55% to $38.2 million in 2024, then fell by 28.68% to $27.2 million in 2025, then dropped by 8.26% to $25.0 million in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $25.0 million (Q1 2026), $27.2 million (Q4 2025), and $37.4 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| Date | Value |
|---|---|
| Mar 31, 2026 | 24.97 Mn |
| Mar 31, 2026 | 24.97 Mn |
| Dec 31, 2025 | 27.22 Mn |
| Dec 31, 2025 | 27.22 Mn |
| Sep 30, 2025 | 37.44 Mn |
| Sep 30, 2025 | 37.44 Mn |
| Jun 30, 2025 | 33.45 Mn |
| Jun 30, 2025 | 33.45 Mn |
| Mar 31, 2025 | 35.18 Mn |
| Mar 31, 2025 | 35.18 Mn |
| Dec 31, 2024 | 38.17 Mn |
| Dec 31, 2024 | 38.17 Mn |
| Sep 30, 2024 | 209.52 Mn |
| Sep 30, 2024 | 209.52 Mn |
| Jun 30, 2024 | 271.20 Mn |
| Jun 30, 2024 | 271.20 Mn |
| Mar 31, 2024 | 177.81 Mn |
| Mar 31, 2024 | 177.81 Mn |
| Dec 31, 2023 | 42.20 Mn |
| Dec 31, 2023 | 42.20 Mn |