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