FWRD — Forward Air Corporation

FWRDForward Air Corporation

NAS · US · Industrials · Integrated Freight & Logistics · forwardair.com

9.801USD+11.38%Mkt Cap: 308.03M USDP/E: —Last update: 2026-05-26

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. The company operates through three segments: Exped…

Industry Peers

Integrated Freight & Logistics

United Parcel Service, Inc.

Reysas Tasimacilik ve Lojistik Ticaret A.S.

40.40BTRYP/E 10.9

EIM

Eimskipafélag Íslands hf.

36.87BISKP/E 45.7

JBHT

J.B. Hunt Transport Services, Inc.

25.20BUSDP/E 41.5

EXPD

Expeditors International of Washington, Inc.

21.09BUSDP/E 26.0

Indicators:|

Key Statistics

Company

Market Cap308.03M USD

Enterprise Value2.31B USD

Revenue (TTM)2.46B USD

Gross Profit338.18M USD

Net Income (TTM)-107.80M USD

Revenue/Share79.38 USD

Last Price9.801 USD

Fiscal Year EndDec 2025

MR QuarterMar 2026

Employees6.0K

CountryUS

SectorIndustrials

IndustryIntegrated Freight & Logistics

ISIN—

Valuation

P/E (Trailing)—

P/E (Forward)-32.96

PEG0.65

EV/EBITDA9.41

EV/Revenue0.94

P/S0.11

P/B3.26

EPS (TTM)-2.92

EPS (Forward)-0.25

52W Range

7.8608% of range32.47

52W High32.47 USD

52W Low7.860 USD

Profitability

Gross Margin13.55%

Oper. Margin4.00%

EBITDA Margin9.98%

Profit Margin-4.32%

ROE-95.11%

ROA-3.96%

Growth

Revenue Growth-5.10%

Earnings Growth—

Cash Flow & Leverage

Operating CF44.38M USD

CapEx (TTM)29.12M USD

FCF Margin2.27%

FCF Yield18.15%

Net Debt2.01B USD

Net Debt/EBITDA8.17

Balance Sheet

Debt/Equity19.05

Current Ratio1.23

Quick Ratio1.07

Book Value/Sh2.563 USD

Cash/Share4.459 USD

Dividends

Fwd Div Rate—

Trail. Div Rate0.0000 USD

Div. Yield—

5Y Avg Yield1.26%

Payout Ratio0.00%

Ex-Div DateNov 21, 2023

Pay DateDec 7, 2023

Splits

Last Split3:2

Split DateApr 4, 2005

Analyst Consensus

Rating2.0 (Buy)

Target (Mean)18.33 USD

Target Range17.00 USD – 20.00 USD

# Analysts3

Ownership

Shares Out.31.63M

Float25.16M

Insiders1.81%

Institutions108.29%

Short Interest

Short Ratio5.1d

Short % Float13.47%

Short % Out.8.75%

Shares Short2.84M

Short (prev mo.)4.57M

Technical

SMA 5016.72 (-41.4%)

SMA 20023.31 (-58.0%)

Beta1.59

S&P 52W Chg28.31%

Avg Vol (30d)1.56M

Avg Vol (10d)2.81M

Technical Indicators

RSI (14)—

MACD—

MACD Signal—

MACD Hist.—

BB Upper—

BB Middle—

BB Lower—

BB Width—

ATR (14)—

Vol Ratio (20d)—