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