Forward Air (FWRD) Prepaid Assets (2009 - 2026)
Forward Air (FWRD) recorded Prepaid Assets of $26.47 million in Q2 2026, down 20.2% from $33.18 million a year earlier and down 10.1% from the prior quarter.
Forward Air (FWRD) Prepaid Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Forward Air reported Prepaid Assets of $28.05 million, down 3.5% from FY2024.
- Annual Prepaid Assets has a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- Across earlier years, Prepaid Assets came in at $29.05 million in FY2024 (+13.1%), $25.68 million in FY2023 (+3.7%), $24.77 million in FY2022 (+11.2%) and $22.28 million in FY2021 (+4.1%).
- The Q2 2026 figure is the lowest quarterly Prepaid Assets since Q4 2023.
- On a year-over-year basis, Prepaid Assets rose in two of the last seven quarters, with an average decline of 7.5%.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 13.1% in Q4 2024, against a decline of 25.6% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $29.45 million (Q1 2026), $28.05 million (Q4 2025) and $30.83 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | Forward Air | 514.47 Mn | -19.58 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.47 Mn |
| Mar 31, 2026 | 29.45 Mn |
| Dec 31, 2025 | 28.05 Mn |
| Sep 30, 2025 | 30.83 Mn |
| Jun 30, 2025 | 33.18 Mn |
| Mar 31, 2025 | 29.40 Mn |
| Dec 31, 2024 | 29.05 Mn |
| Sep 30, 2024 | 31.17 Mn |
| Jun 30, 2024 | 39.19 Mn |
| Mar 31, 2024 | 39.51 Mn |
| Dec 31, 2023 | 25.68 Mn |
| Dec 31, 2022 | 24.77 Mn |
| Dec 31, 2021 | 22.28 Mn |
| Dec 31, 2020 | 21.41 Mn |
| Dec 31, 2019 | 14.45 Mn |
| Dec 31, 2018 | 11.76 Mn |
| Dec 31, 2017 | 9.95 Mn |
| Dec 31, 2016 | 9.85 Mn |
| Dec 31, 2015 | 10.79 Mn |
| Dec 31, 2014 | 9.65 Mn |
Forward Air Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=FWRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "FWRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();