Forward Air FWRD
NASDAQ FWRD
$18.11 +0.32 (+1.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

Forward Air (FWRD) Non-Current Deferred Tax Liability (2009 - 2026)

Forward Air's (FWRD) quarterly Non-Current Deferred Tax Liability came in at $25.0 million in Q1 2026, down 29.01% YoY from $35.2 million in Q1 2025, and down 8.26% on a QoQ basis from $27.2 million in Q4 2025.

Forward Air (FWRD) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

Forward Air (FWRD) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $25.0 million in Q1 2026.

  • Quarterly Non-Current Deferred Tax Liability fell 29.01% year-over-year to $25.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.0 million (down 29.01% YoY) and the FY2025 annual result came in at $27.2 million, down 36.54% from the prior year.
  • Non-Current Deferred Tax Liability fell to $25.0 million in Q1 2026, from $27.2 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $271.2 million in Q2 2024 to a low of $25.0 million in Q1 2026.
  • A 5-year average of $77.0 million and a median of $45.4 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
  • Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability jumped 409.06% — and 2025, when it slumped 87.67%.
  • Tracing FWRD's Non-Current Deferred Tax Liability over 5 years: stood at $51.1 million in 2022, then soared by 103.05% to $103.7 million in 2023, then tumbled by 58.65% to $42.9 million in 2024, then tumbled by 36.54% 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 86.89 Bn 82.23 Bn 19.65 Bn
2 Fedex 77.23 Bn 63.91 Bn 18.84 Bn
3 Hunt J B Transport Services 25.91 Bn 25.90 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
6 C. H. Robinson Worldwide 16.77 Bn 16.62 Bn 1.11 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
9 Pitney Bowes 2.24 Bn 1.96 Bn 296.14 Mn
10 Forward Air 588.72 Mn 449.27 Mn 617.46 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 24.36 Mn
Jun 30, 2026 24.36 Mn
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 42.90 Mn
Dec 31, 2024 42.90 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