Forward Air (FWRD) Property, Plant & Equipment (Net) (2009 - 2026)
Forward Air's Property, Plant & Equipment (Net) was $274.67 million in Q2 2026, down 14.5% from $321.33 million a year earlier and down 4.2% from the prior quarter.
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Analysis
Forward Air (FWRD) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Forward Air came in at $297.88 million, down 8.7% from FY2024.
- Property, Plant & Equipment (Net) shows a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $326.19 million in FY2024 (+26.4%), $258.1 million in FY2023 (+4.8%), $246.33 million in FY2022 (+12.4%) and $219.1 million in FY2021 (+15.4%).
- The Q2 2026 figure marks the lowest quarterly Property, Plant & Equipment (Net) since Q4 2023.
- Compared with a year earlier, Property, Plant & Equipment (Net) has declined for five straight quarters, with growth averaging 1.2% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q1 2024 (growth of 29.6%); the worst was Q2 2026 (a decline of 14.5%).
- Per Business Quant data, FWRD's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $286.65 million (Q1 2026), $297.88 million (Q4 2025) and $309.83 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 60.20 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 36.95 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 41.33 Bn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 36.63 Bn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 37.89 Bn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 42.04 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 41.54 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 4.44 Bn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 47.96 Bn |
| 10 | Forward Air | 536.74 Mn | 2.68 Mn | - | 274.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 274.67 Mn |
| Mar 31, 2026 | 286.65 Mn |
| Dec 31, 2025 | 297.88 Mn |
| Sep 30, 2025 | 309.83 Mn |
| Jun 30, 2025 | 321.33 Mn |
| Mar 31, 2025 | 331.21 Mn |
| Dec 31, 2024 | 326.19 Mn |
| Sep 30, 2024 | 324.78 Mn |
| Jun 30, 2024 | 328.93 Mn |
| Mar 31, 2024 | 327.71 Mn |
| Dec 31, 2023 | 258.10 Mn |
| Sep 30, 2023 | 258.25 Mn |
| Jun 30, 2023 | 260.66 Mn |
| Mar 31, 2023 | 252.93 Mn |
| Dec 31, 2022 | 246.33 Mn |
| Sep 30, 2022 | 230.92 Mn |
| Jun 30, 2022 | 229.22 Mn |
| Mar 31, 2022 | 224.06 Mn |
| Dec 31, 2021 | 219.10 Mn |
| Sep 30, 2021 | 196.22 Mn |
API Access
Forward Air Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=FWRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();