Forward Air (FWRD) Total Non-Current Liabilities (2009 - 2026)
Forward Air's (FWRD) quarterly Total Non-Current Liabilities came in at $2.6 billion in Q1 2026, down 4.07% YoY from $2.8 billion in Q1 2025, and down 0.97% on a QoQ basis from $2.7 billion in Q4 2025.
Forward Air (FWRD) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Total Non-Current Liabilities data on file, last reported at $2.6 billion in Q1 2026.
- Quarterly Total Non-Current Liabilities fell 4.07% year-over-year to $2.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 billion (down 4.07% YoY) and the FY2025 annual result came in at $2.7 billion, up 24.98% from the prior year.
- Total Non-Current Liabilities slipped to $2.6 billion in Q1 2026, from $2.7 billion in the prior quarter.
- In the past five years, Total Non-Current Liabilities ranged from a high of $3.9 billion in Q1 2024 to a low of $1.1 billion in Q1 2022.
- A 5-year average of $2.1 billion and a median of $2.1 billion in 2024 frame the typical range for Total Non-Current Liabilities.
- Annual changes were most pronounced in 2024 — Total Non-Current Liabilities surged 232.78% — and 2025, when it decreased 29.69%.
- Tracing FWRD's Total Non-Current Liabilities over 5 years: stood at $1.1 billion in 2022, then soared by 72.16% to $2.0 billion in 2023, then gained by 7.81% to $2.1 billion in 2024, then advanced by 24.98% to $2.7 billion in 2025, then dropped by 0.97% to $2.6 billion in 2026.
- The last three Total Non-Current Liabilities figures came in at $2.6 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | 67.51 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | 73.85 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | 7.46 Bn |
| 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 | - |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | 4.18 Bn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | 1.64 Bn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | 5.23 Bn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | 3.69 Bn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | 2.48 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.48 Bn |
| Mar 31, 2026 | 2.64 Bn |
| Dec 31, 2025 | 2.67 Bn |
| Sep 30, 2025 | 2.75 Bn |
| Jun 30, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.75 Bn |
| Dec 31, 2024 | 2.13 Bn |
| Sep 30, 2024 | 3.01 Bn |
| Jun 30, 2024 | 3.02 Bn |
| Mar 31, 2024 | 3.91 Bn |
| Dec 31, 2023 | 1.98 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | 1.18 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 1.14 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.01 Bn |