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
DateValue
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