Forward Air (FWRD) Total Liabilities (2009 - 2026)
Forward Air (FWRD) reported Total Liabilities of $2.6 billion for Q1 2026, little changed on a YoY basis from $2.6 billion in Q1 2025, and down 1.23% quarter-over-quarter from $2.6 billion in Q4 2025.
Forward Air (FWRD) Total Liabilities (2009 - 2026) Analysis & Trends
Forward Air has reported Total Liabilities for 18 years, with the latest figure at $2.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Liabilities changed 0.13% year-over-year to $2.6 billion; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (changed 0.13% YoY), and the FY2025 full-year result was $2.6 billion, up 3.53% from the prior year.
- Total Liabilities for Q1 2026 stood at $2.6 billion, down from $2.6 billion in the prior quarter.
- The five-year high for Total Liabilities was $2.7 billion in Q3 2024, with the low at $500.8 million in Q4 2022.
- Historically, Total Liabilities has averaged $1.7 billion across 5 years, with a median of $2.5 billion in 2024.
- Annual changes were most pronounced in 2024 — Total Liabilities surged 429.41% — and 2025, when it decreased 5.92%.
- Forward Air's Total Liabilities stood at $500.8 million in 2022, then jumped by 342.32% to $2.2 billion in 2023, then grew by 13.61% to $2.5 billion in 2024, then rose by 3.53% to $2.6 billion in 2025, then fell by 1.23% to $2.6 billion in 2026.
- The last three Total Liabilities figures came in at $2.6 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 56.02 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 64.93 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 4.34 Bn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 3.53 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 2.54 Bn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 803.22 Mn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 9.23 Bn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 5.06 Bn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 4.04 Bn |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | 2.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.57 Bn |
| Dec 31, 2025 | 2.61 Bn |
| Sep 30, 2025 | 2.60 Bn |
| Jun 30, 2025 | 2.54 Bn |
| Mar 31, 2025 | 2.58 Bn |
| Dec 31, 2024 | 2.52 Bn |
| Sep 30, 2024 | 2.72 Bn |
| Jun 30, 2024 | 2.71 Bn |
| Mar 31, 2024 | 2.63 Bn |
| Dec 31, 2023 | 2.22 Bn |
| Sep 30, 2023 | 524.88 Mn |
| Jun 30, 2023 | 510.96 Mn |
| Mar 31, 2023 | 540.93 Mn |
| Dec 31, 2022 | 500.83 Mn |
| Sep 30, 2022 | 503.36 Mn |
| Jun 30, 2022 | 532.79 Mn |
| Mar 31, 2022 | 555.04 Mn |
| Dec 31, 2021 | 524.17 Mn |
| Sep 30, 2021 | 514.97 Mn |
| Jun 30, 2021 | 531.49 Mn |