FWRD — Forward Air Corporation

FWRDForward Air Corporation

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

10.58USD+0.81%Mkt Cap: 335.23M USDP/E: —Last update: 2026-06-01

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.

47.92BTRYP/E 12.9

EIM

Eimskipafélag Íslands hf.

36.23BISKP/E 45.1

JBHT

J.B. Hunt Transport Services, Inc.

26.24BUSDP/E 43.2

KNIN

Kuehne + Nagel International AG

21.75BCHFP/E 26.1

Indicators:|

Key Statistics

Company

Market Cap335.23M USD

Enterprise Value2.39B USD

Revenue (TTM)2.46B USD

Gross Profit338.18M USD

Net Income (TTM)-107.80M USD

Revenue/Share79.38 USD

Last Price10.58 USD

Fiscal Year EndDec 2025

MR QuarterMar 2026

Employees6.0K

CountryUS

SectorIndustrials

IndustryIntegrated Freight & Logistics

ISIN—

Valuation

P/E (Trailing)—

P/E (Forward)-41.76

PEG0.65

EV/EBITDA9.70

EV/Revenue0.97

P/S0.14

P/B4.13

EPS (TTM)-2.92

EPS (Forward)-0.25

52W Range

7.86011% 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 Yield16.67%

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

Rating—

Target (Mean)18.33 USD

Target Range17.00 USD – 20.00 USD

# Analysts3

Ownership

Shares Out.31.63M

Float25.18M

Insiders1.81%

Institutions108.25%

Short Interest

Short Ratio1.9d

Short % Float15.00%

Short % Out.9.61%

Shares Short3.04M

Short (prev mo.)4.27M

Technical

SMA 5016.20 (-34.7%)

SMA 20022.92 (-53.8%)

Beta1.59

S&P 52W Chg27.94%

Avg Vol (30d)1.56M

Avg Vol (10d)1.57M

Technical Indicators

RSI (14)38.0

MACD-2.3488

MACD Signal-2.6450

MACD Hist.+0.2963

BB Upper19.60 USD

BB Middle11.49 USD

BB Lower3.389 USD

BB Width141.03%

ATR (14)1.115 USD

Vol Ratio (20d)0.23x