Forward Air (FWRD) Times Interest Earned (2009 - 2026)
Forward Air's (FWRD) quarterly Times Interest Earned came in at $0.47 in Q1 2026, up 348.46% YoY from $0.1 in Q1 2025, and up 837.45% on a QoQ basis from -$0.06 in Q4 2025.
Forward Air (FWRD) Times Interest Earned (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Times Interest Earned data on file, last reported at $0.47 in Q1 2026.
- Quarterly Times Interest Earned rose 348.46% year-over-year to $0.47 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.29 (up 103.51% YoY) and the FY2025 annual result came in at $0.2, up 103.59% from the prior year.
- Times Interest Earned climbed to $0.47 in Q1 2026, from -$0.06 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of $73.15 in Q1 2022 to a low of -$23.18 in Q2 2024.
- A 5-year average of $12.65 and a median of $0.43 in 2025 frame the typical range for Times Interest Earned.
- Annual changes were most pronounced in 2024 — Times Interest Earned sank 2412.63% — and 2026, when it surged 348.46%.
- Tracing FWRD's Times Interest Earned over 5 years: stood at $23.46 in 2022, then plunged by 99.47% to $0.13 in 2023, then slumped by 2412.63% to -$2.89 in 2024, then jumped by 97.8% to -$0.06 in 2025, then surged by 837.45% to $0.47 in 2026.
- The last three Times Interest Earned figures came in at $0.47 (Q1 2026), -$0.06 (Q4 2025), and $0.34 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | 3.42 |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | - |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | 15.48 |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | - |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | -50.63 |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | - |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | 81.56 |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | 2.20 |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | -7.23 |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | -4.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.63 |
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | -0.06 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | -2.89 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | -23.18 |
| Mar 31, 2024 | -1.61 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 4.40 |
| Jun 30, 2023 | 10.18 |
| Mar 31, 2023 | 20.04 |
| Dec 31, 2022 | 23.46 |
| Sep 30, 2022 | 46.42 |
| Jun 30, 2022 | 63.32 |
| Mar 31, 2022 | 73.15 |
| Dec 31, 2021 | 45.27 |
| Sep 30, 2021 | 43.65 |