Forward Air (FWRD) Retained Earnings (2009 - 2026)

Forward Air (FWRD) reported Retained Earnings of -$1.0 million for Q1 2026, up 99.74% on a YoY basis from -$515681.4 in Q1 2025, and down 277.59% quarter-over-quarter from $580000.0 in Q4 2025.

Forward Air (FWRD) Retained Earnings (2009 - 2026) Analysis & Trends

Forward Air has reported Retained Earnings for 18 years, with the latest figure at -$1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings rose 99.74% year-over-year to -$1.0 million; the trailing twelve-month figure through Mar 2026 stood at -$1.0 million (up 99.74% YoY), and the FY2025 full-year result was $580000.0, up 121.23% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$1.0 million, down from $580000.0 in the prior quarter.
  • The five-year high for Retained Earnings was $436.1 million in Q4 2022, with the low at -$389.8 million in Q1 2025.
  • Historically, Retained Earnings has averaged $162.0 million across 5 years, with a median of $176.1 million in 2022.
  • The largest YoY upside for Retained Earnings was 357.77% in 2025 against a maximum downside of 193.4% in 2025.
  • Forward Air's Retained Earnings stood at $436.1 million in 2022, then slipped by 11.77% to $384.8 million in 2023, then slumped by 100.71% to -$2.7 million in 2024, then surged by 121.23% to $580000.0 in 2025, then plunged by 277.59% to -$1.0 million in 2026.
  • The last three Retained Earnings figures came in at -$1.0 million (Q1 2026), $580000.0 (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn -4.25 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 42.86 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 -78.11 Mn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 2.54 Bn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn -7.09 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn -222.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 5.78 Bn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn -792.30 Mn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn -1.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.03 Mn
Dec 31, 2025 580,000.00
Sep 30, 2025 2.12 Mn
Jun 30, 2025 2.09 Mn
Mar 31, 2025 -389.76 Mn
Dec 31, 2024 -2.73 Mn
Sep 30, 2024 -824,000.00
Jun 30, 2024 -228.15 Mn
Mar 31, 2024 417.28 Mn
Sep 30, 2023 384.80 Mn
Jun 30, 2023 395.76 Mn
Mar 31, 2023 411.37 Mn
Dec 31, 2022 436.12 Mn
Sep 30, 2022 414.62 Mn
Jun 30, 2022 398.95 Mn
Mar 31, 2022 350.06 Mn
Dec 31, 2021 334.91 Mn
Sep 30, 2021 300.20 Mn
Jun 30, 2021 297.61 Mn
Mar 31, 2021 296.78 Mn