FWRD (Forward Air) Accounts Payable & Accrued Expense: $237 Mil (As of Jun. 2026)

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FWRD Forward Air Corp FWRD
60 GF Score
Price $15.99
GF Value $27.50
Valuation Possible Value Trap
! 7 Warning Signs
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What is Forward Air Accounts Payable & Accrued Expense?

Forward Air FWRD -2.56% 60 Accounts Payable & Accrued Expense is $237 Mil as of Jun. 2026. GuruFocus rates FWRD with a GF Score™ of 60/100 and a GF Value™ of $27.50 (Possible Value Trap). The stock has 7 warning signs investors should review.

Forward Air's quarterly accounts payable & accrued expense declined from Dec. 2025 ($292 Mil) to Mar. 2026 ($237 Mil) but then increased from Mar. 2026 ($237 Mil) to Jun. 2026 ($237 Mil).

Forward Air's annual accounts payable & accrued expense increased from Dec. 2023 ($180 Mil) to Dec. 2024 ($261 Mil) and increased from Dec. 2024 ($261 Mil) to Dec. 2025 ($292 Mil).

Forward Air Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Forward Air's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forward Air Accounts Payable & Accrued Expense Chart

Forward Air Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.46 101.31 180.11 260.78 292.12

Forward Air Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 230.73 271.62 292.12 236.84 237.20
FWRD
60GF Score
Forward Air Corp FWRD
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Air Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of $237 Mil mean?
Forward Air (FWRD) has a Accounts Payable & Accrued Expense of $237 Mil as of Jun. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Forward Air and its competitors.
Is Forward Air's Accounts Payable & Accrued Expense too high?
Forward Air's current Accounts Payable & Accrued Expense is $237 Mil. Overall, Forward Air has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Air's Accounts Payable & Accrued Expense compare to SERV and RLGT?
Forward Air's Accounts Payable & Accrued Expense of $237 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Transportation company?
A good Accounts Payable & Accrued Expense depends on the Transportation industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Forward Air and its competitors. Forward Air's current Accounts Payable & Accrued Expense is $237 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Air stock overvalued right now?
Based on GuruFocus' analysis, Forward Air (FWRD) is currently considered Possible Value Trap. The stock's GF Value™ is $27.50, compared to a current price of $15.99 — trading 41.9% below its estimated fair value. The current Accounts Payable & Accrued Expense is $237 Mil. Forward Air's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Forward Air (FWRD), the current Accounts Payable & Accrued Expense is $237 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forward Air (FWRD) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Air stock appears to be undervalued. The current stock price of $15.99 is trading 41.9% below its estimated GF Value™ of $27.50. GuruFocus considers Forward Air to be Possible Value Trap.

Key valuation signals for FWRD:

  • Accounts Payable & Accrued Expense: $237 Mil
  • GF Value™: $27.50 vs. price of $15.99 (41.9% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the FWRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forward Air Business Description

Address 3200 Olympus Boulevard, Suite 300, Dallas, TX, USA, 75019
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in North and South America, Europe, and Asia.
60GF Score

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Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.99
Price
$27.50
GF Value