Forward Good Will from 2010 to 2024

FWRD Stock  USD 20.22  0.78  3.71%   
Forward Air's Good Will is increasing over the years with slightly volatile fluctuation. Overall, Good Will is expected to go to about 292.6 M this year. Good Will is an intangible asset that arises when Forward Air acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2001-12-31
Previous Quarter
278.7 M
Current Value
1.4 B
Quarterly Volatility
172.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forward Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.3 M, Interest Expense of 33.1 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0123 or PTB Ratio of 2.03. Forward financial statements analysis is a perfect complement when working with Forward Air Valuation or Volatility modules.
  
Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Latest Forward Air's Good Will Growth Pattern

Below is the plot of the Good Will of Forward Air over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Forward Air's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Air's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Forward Good Will Regression Statistics

Arithmetic Mean181,771,820
Geometric Mean142,152,119
Coefficient Of Variation52.39
Mean Deviation76,493,213
Median199,092,000
Standard Deviation95,225,263
Sample Variance9067.9T
Range290.6M
R-Value0.96
Mean Square Error757.9T
R-Squared0.92
Slope20,450,072
Total Sum of Squares126949.9T

Forward Good Will History

2024292.6 M
2023278.7 M
2022306.2 M
2021266.8 M
2020245 M
2019221.1 M
2018199.1 M

About Forward Air Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Forward Air income statement, its balance sheet, and the statement of cash flows. Forward Air investors use historical funamental indicators, such as Forward Air's Good Will, to determine how well the company is positioned to perform in the future. Although Forward Air investors may use each financial statement separately, they are all related. The changes in Forward Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forward Air's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Forward Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Forward Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will278.7 M292.6 M

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Additional Information and Resources on Investing in Forward Stock

When determining whether Forward Air is a strong investment it is important to analyze Forward Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.45
Dividend Share
0.72
Earnings Share
(2.45)
Revenue Per Share
60.079
Quarterly Revenue Growth
0.515
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.