Regardless of the sequential decrease in Current Liabilities, during the second quarter 2026, Quick Ratio deteriorated to 0.32 below Forward Air's average Quick Ratio.

Within Marine Transportation industry 10 other companies have achieved higher Quick Ratio than Forward Air in second quarter 2026. While Quick Ratio total ranking in the second quarter 2026 has deteriorated compared to the prior quarter from 2685 to 3024.

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FWRD Quick Ratio	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3	(Jun 30 2025) Q2
Y / Y Current Liabilities Change	11.32 %	0.83 %	11.53 %	2.53 %	-5.55 %
Y / Y Cash & cash equivalent Change	46.31 %	20.87 %	1.04 %	1.59 %	-8.93 %
Quick Ratio MRQ	0.32	0.32	0.25	0.31	0.24
FWRD's Total Ranking	# 3024	# 2685	# 2207	# 2511	# 2369
Seq. Current Liabilities Change	-0.07 %	3.17 %	-6.89 %	15.97 %	-9.49 %
Seq. Cash & cash equivalent Change	-1.12 %	33.04 %	-24.48 %	47.27 %	-18.31 %

Quick Ratio second quarter 2026 Company Ranking
Within:	No.
Marine Transportation Industry	# 11
Transportation Sector	# 35
Overall Market	# 3024

Quick Ratio Statistics
High	Average	Low
4.06	1.04	0.06
(Dec 31 2010)

Financial Statements
Forward Air's Current Liabilities	$ 442 Millions	Visit FWRD's Balance sheet
Forward Air's Cash & cash equivalent	$ 139 Millions	Visit FWRD's Balance sheet
Source of FWRD's Sales		Visit FWRD's Sales by Geography

Cumulative Forward Air's Quick Ratio

FWRD's Quick Ratio for the trailling 12 Months

FWRD Quick Ratio	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months	(Jun 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	6.24 %	2.12 %	1.51 %	8.28 %	29.04 %
Y / Y Cash & cash equivalent TTM Growth	15.77 %	3.94 %	-11.86 %	-14.86 %	14.08 %
Quick Ratio TTM	0.3	0.28	0.27	0.27	0.27
Total Ranking TTM	# 4079	# 3222	# 2352	# 3293	# 2877
Seq. Current Liabilities TTM Growth	2.6 %	0.21 %	2.64 %	0.68 %	-1.38 %
Seq. Cash & cash equivalent TTM Growth	9.15 %	5.31 %	0.24 %	0.48 %	-2.01 %

Quick ratio ranking by company, industry and sector >> Back to FWRD Financial Strength Comparisons >> Go to Compare FWRD Quick Ratio to its Competitors

On the trailing twelve months basis FWRD Cash & cash equivalent soared by 46.31 % in Q2 2026 year on year, faster than Current Liabilities, this led to increase in in Forward Air's Quick Ratio to 0.3, Quick Ratio remained below FWRD average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 10 other companies have achieved higher Quick Ratio than Forward Air. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 3222 to 4079.

Explain Quick Ratio?
How much Cash & cash equivalents FWRD�s has?
What are FWRD�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Marine Transportation Industry	# 11
Transportation Sector	# 57
Within the Market	# 4079

trailing twelve months Quick Ratio Statistics
High	Average	Low
2.99	0.73	0.05
(Jun 30 2013)		(Sep 30 2022)

Companies with similar Quick Ratio in the quarter ending Jun 30 2026, within Marine Transportation Industry	Quick Ratio	Jun 30 2026 MRQ Cash & cash equivalent	Jun 30 2026 MRQ Current Liabilities
Seacor Marine Holdings Inc	0.78	$ 55.397 Millions	$ 70.768 Millions
Expeditors International Of Washington Inc	0.40	$ 1,031.448 Millions	$ 2,559.438 Millions
Forward Air Corporation	0.32	$ 139.448 Millions	$ 441.571 Millions
Radiant Logistics Inc	0.20	$ 25.585 Millions	$ 130.242 Millions
Lakeside Holding Ltd	0.15	$ 0.670 Millions	$ 4.487 Millions
C h Robinson Worldwide Inc	0.07	$ 154.590 Millions	$ 2,251.562 Millions

Date modified: 2026-09-09T22:25:33+00:00

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