Balance Sheet
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Forward Air (FWRD) Retained Earnings (2016 - 2025)

Forward Air (FWRD) has disclosed Retained Earnings for 17 consecutive years, with $580000.0 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings rose 121.23% year-over-year to $580000.0, compared with a TTM value of $580000.0 through Dec 2025, up 121.23%, and an annual FY2025 reading of $580000.0, up 121.23% over the prior year.
  • Retained Earnings was $580000.0 for Q4 2025 at Forward Air, up from -$418.8 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $480.3 million in Q4 2023 and bottomed at -$418.8 million in Q3 2025.
  • Average Retained Earnings over 5 years is $157.3 million, with a median of $298.9 million recorded in 2021.
  • Peak annual rise in Retained Earnings hit 121.23% in 2025, while the deepest fall reached 1533.77% in 2025.
  • Year by year, Retained Earnings stood at $334.9 million in 2021, then surged by 30.22% to $436.1 million in 2022, then rose by 10.13% to $480.3 million in 2023, then plummeted by 100.57% to -$2.7 million in 2024, then skyrocketed by 121.23% to $580000.0 in 2025.
  • Business Quant data shows Retained Earnings for FWRD at $580000.0 in Q4 2025, -$418.8 million in Q3 2025, and -$402.5 million in Q2 2025.