Forward Air (FWRD) Times Interest Earned (2009 - 2026)
Forward Air (FWRD) reported Times Interest Earned of $0.47 for Q1 2026, up 348.46% on a YoY basis from $0.1 in Q1 2025, and up 837.45% quarter-over-quarter from -$0.06 in Q4 2025.
Forward Air (FWRD) Times Interest Earned (2009 - 2026) Analysis & Trends
Forward Air has reported Times Interest Earned for 18 years, with the latest figure at $0.47 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned rose 348.46% year-over-year to $0.47; the trailing twelve-month figure through Mar 2026 stood at $0.29 (up 105.7% YoY), and the FY2025 full-year result was $0.2, up 103.59% from the prior year.
- Times Interest Earned for Q1 2026 stood at $0.47, up from -$0.06 in the prior quarter.
- The five-year high for Times Interest Earned was $73.15 in Q1 2022, with the low at -$23.18 in Q2 2024.
- Historically, Times Interest Earned has averaged $13.1 across 5 years, with a median of $0.47 in 2026.
- The largest YoY upside for Times Interest Earned was 1151.85% in 2024 against a maximum downside of 327.65% in 2024.
- Forward Air's Times Interest Earned stood at $26.61 in 2022, then plunged by 99.53% to $0.13 in 2023, then surged by 1151.85% to $1.57 in 2024, then tumbled by 104.06% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 4.76 |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | - |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 11.56 |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | - |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | - |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | - |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 1.22 |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -50.42 |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | -1.68 |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.57 |
| 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 | 26.61 |
| 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 |
| Jun 30, 2021 | 31.84 |