Forward Air Corporation (FWRD)

Last Closing Price: 27.30 (2025-07-17)

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) $2.47B
Net Income (Most Recent Fiscal Year) $-816.97M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.33
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 3.66
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 0.56
Pre-Tax Margin (Trailing 12 Months) -46.52%
Net Margin (Trailing 12 Months) -31.66%
Return on Equity (Trailing 12 Months) -242.42%
Return on Assets (Trailing 12 Months) -25.08%
Current Ratio (Most Recent Fiscal Quarter) 1.13
Quick Ratio (Most Recent Fiscal Quarter) 1.13
Debt to Common Equity (Most Recent Fiscal Quarter) 7.55
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $9.87
Earnings per Share (Most Recent Fiscal Quarter) $-1.59
Earnings per Share (Most Recent Fiscal Year) $8.49
Diluted Earnings per Share (Trailing 12 Months) $-29.05
Stock
Exchange NASDAQ
Sector Industrials
Industry Integrated Freight & Logistics
Common Shares Outstanding 30.42M
Free Float 25.19M
Market Capitalization $830.55M
Average Volume (Last 20 Days) 0.58M
Beta (Past 60 Months) 1.41
Percentage Held By Insiders (Latest Annual Proxy Report) 17.20%
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%