Forward Air (FWRD) Shares Outstanding (Weighted Average) (2009 - 2026)

Forward Air (FWRD) reported Shares Outstanding (Weighted Average) of $31.5 million for Q1 2026, up 4.25% on a YoY basis from $30.2 million in Q1 2025, and up 2.47% quarter-over-quarter from $30.7 million in Q4 2025.

Forward Air (FWRD) Shares Outstanding (Weighted Average) (2009 - 2026) Analysis & Trends

Forward Air has reported Shares Outstanding (Weighted Average) for 18 years, with the latest figure at $31.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Weighted Average) rose 4.25% year-over-year to $31.5 million; the trailing twelve-month figure through Mar 2026 stood at $31.5 million (up 4.25% YoY), and the FY2025 full-year result was $30.7 million, up 11.54% from the prior year.
  • Shares Outstanding (Weighted Average) for Q1 2026 stood at $31.5 million, up from $30.7 million in the prior quarter.
  • The five-year high for Shares Outstanding (Weighted Average) was $31.5 million in Q1 2026, with the low at $25.7 million in Q3 2023.
  • Historically, Shares Outstanding (Weighted Average) has averaged $27.9 million across 5 years, with a median of $26.9 million in 2022.
  • Annual changes were most pronounced in 2023 — Shares Outstanding (Weighted Average) dropped 4.0% — and 2025, when it increased 15.17%.
  • Forward Air's Shares Outstanding (Weighted Average) stood at $26.8 million in 2022, then retreated by 3.25% to $25.9 million in 2023, then grew by 6.28% to $27.5 million in 2024, then grew by 11.54% to $30.7 million in 2025, then climbed by 2.47% to $31.5 million in 2026.
  • The last three Shares Outstanding (Weighted Average) figures came in at $31.5 million (Q1 2026), $30.7 million (Q4 2025), and $31.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Weighted Avg.) (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 850.00 Mn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 236.00 Mn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 94.54 Mn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 119.80 Mn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 135.81 Mn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 34.02 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 114.71 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 146.76 Mn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 31.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 31.48 Mn
Dec 31, 2025 30.72 Mn
Sep 30, 2025 30.97 Mn
Jun 30, 2025 30.32 Mn
Mar 31, 2025 30.19 Mn
Dec 31, 2024 27.54 Mn
Sep 30, 2024 27.94 Mn
Jun 30, 2024 26.80 Mn
Mar 31, 2024 26.22 Mn
Dec 31, 2023 25.91 Mn
Sep 30, 2023 25.70 Mn
Jun 30, 2023 26.14 Mn
Mar 31, 2023 26.35 Mn
Dec 31, 2022 26.78 Mn
Sep 30, 2022 26.77 Mn
Jun 30, 2022 26.91 Mn
Mar 31, 2022 26.95 Mn
Dec 31, 2021 27.16 Mn
Sep 30, 2021 27.03 Mn
Jun 30, 2021 27.26 Mn