Forward Air Corporation (FWRD)

Last Closing Price: 16.38 (2026-09-01)

Company Description

Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air provides services within four business segments: Expedited LTL (provides expedited regional, inter-regional and national LTL services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals); Truckload Brokerage (provides expedited truckload brokerage, dedicated fleet services, as well as high-security and temperature-controlled logistics services); Intermodal (provides first-and last-mile high-value drayage services both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services); and Pool Distribution (provides high-frequency handling and distribution of time sensitive product to numerous destinations within a specific geographic region).

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.50B
Net Income (Most Recent Fiscal Year) $-107.80M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.21
Price to Book Ratio (Most Recent Quarterly Book Value per Share) --
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 7.90
Pre-Tax Margin (Trailing 12 Months) -13.94%
Net Margin (Trailing 12 Months) -11.37%
Return on Equity (Trailing 12 Months) -19.49%
Return on Assets (Trailing 12 Months) -0.66%
Current Ratio (Most Recent Fiscal Quarter) 1.32
Quick Ratio (Most Recent Fiscal Quarter) 1.32
Debt to Common Equity (Most Recent Fiscal Quarter) 13.98
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $-3.88
Earnings per Share (Most Recent Fiscal Quarter) $1.27
Earnings per Share (Most Recent Fiscal Year) $-2.78
Diluted Earnings per Share (Trailing 12 Months) $-8.90
Stock
Exchange NASDAQ
Sector Industrials
Industry Integrated Freight & Logistics
Common Shares Outstanding 31.62M
Free Float 26.66M
Market Capitalization $537.63M
Average Volume (Last 20 Days) 0.58M
Beta (Past 60 Months) 1.38
Percentage Held By Insiders (Latest Annual Proxy Report) 15.70%
Percentage Held By Institutions (Latest 13F Reports) 97.03%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%