Forward Air (FWRD) Share-based Compensation (2009 - 2026)
Forward Air's Share-based Compensation came in at $491,000 for Q2 2026, down 89.6% from $4.71 million a year earlier and down 86.1% from the prior quarter.
Forward Air (FWRD) Share-based Compensation (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forward Air reported Share-based Compensation of $9.79 million, down 22.7% year-over-year; for FY2025, it came in at $13.43 million, up 31.8% from FY2024.
- Share-based Compensation carries a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- Going back by year, Share-based Compensation was $10.19 million in FY2024 (-11.4%), $11.5 million in FY2023 (+7.8%), $10.66 million in FY2022 (+1.5%) and $10.5 million in FY2021 (-4.8%).
- The Q2 2026 figure represents the lowest quarterly Share-based Compensation in data going back to Q3 2009.
- Year-over-year, Share-based Compensation increased in six of the last eight quarters, with growth averaging 6.9%.
- The fastest year-over-year change in Share-based Compensation over five years came in Q1 2025 (growth of 88.8%), and the weakest in Q2 2026 (a decline of 89.6%).
- Business Quant data shows FWRD's Share-based Compensation at $3.54 million (Q1 2026), $2.38 million (Q4 2025) and $3.38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 34.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 41.00 Mn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 2.67 Mn |
| 10 | Forward Air | 515.15 Mn | -18.91 Mn | - | 491,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 491,000.00 |
| Mar 31, 2026 | 3.54 Mn |
| Dec 31, 2025 | 2.38 Mn |
| Sep 30, 2025 | 3.38 Mn |
| Jun 30, 2025 | 4.71 Mn |
| Mar 31, 2025 | 2.96 Mn |
| Dec 31, 2024 | 2.10 Mn |
| Sep 30, 2024 | 2.90 Mn |
| Jun 30, 2024 | 3.62 Mn |
| Mar 31, 2024 | 1.57 Mn |
| Dec 31, 2023 | 2.93 Mn |
| Sep 30, 2023 | 2.77 Mn |
| Jun 30, 2023 | 2.89 Mn |
| Mar 31, 2023 | 2.91 Mn |
| Dec 31, 2022 | 1.92 Mn |
| Sep 30, 2022 | 2.68 Mn |
| Jun 30, 2022 | 3.31 Mn |
| Mar 31, 2022 | 2.76 Mn |
| Dec 31, 2021 | 2.32 Mn |
| Sep 30, 2021 | 2.60 Mn |
Forward Air Share-based Compensation 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=share-based-compensation&ticker=FWRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();