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Forward Air Corporation (FWRD)

NASDAQ: FWRD · USD

$14.6

-0.19 (-1.3%)· Recorded snapshot

Coverage state: Market snapshot only — no published research

Market snapshot recorded 2026-07-30 02:00 UTC. No published research is attached to this ticker. Prices and fundamentals on this server-rendered page are dated snapshots, not a real-time trading feed.

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Market cap	461.4M
Revenue (ttm)	2.5B
Net income (ttm)	-91.5M
EPS (ttm)	-$2.95
Shares out	31.6M
Volume	689,717
Beta	1.36
Price target	$18.5	+26.8%

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 2.5B
Net income (ttm): -91.5M
EPS (ttm): -$2.95
Market cap: 461.4M

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ADP	Automatic Data Processing Inc.	108.7B	25.5x	5.0x	55.3%	+8.1%	-8.4%	Hold
BA	The Boeing Company	169.1B	82.6x	1.8x	-12.7%	+8.8%	-9.5%	Sell
CAT	Caterpillar Inc.	360.5B	39.0x	5.1x	16.5%	+10.5%	+82.4%	Sell

All FWRD indicators

Market & fundamental data

Available fields

256

Groups with data

Currency

USD

Showing 256 of 256 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0000912728
Company name	Forward Air Corporation
Country	United States
Country code	US
Cusip	34986A104
Employees	6,356
Employees Change	-230%
Employees Change Percent	-3.49
Enterprise value	$2.5B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
Industry	Integrated Freight & Logistics
Industry PE	21.28
Industry PE Fwd	16.85
IPO Date	1993-11-16
Isin	US34986A1043
Last refreshed	2026-07-30
Market cap	$461.4M
Market cap category	Small-Cap
Price	$14.59
Price currency	USD
Rev Per Employee	387,646.79x
Sector	Industrials
Sector PE	43.83
Sector PE Fwd	29.85
Sic	4731
Symbol	FWRD
Website	https://www.forwardair.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	-19.83%
EV Sales Forward	0.97x
EV/EBIT	47.42x
EV/EBITDA	47.42x
EV/FCF	64.43x
EV/Sales	1x
FCF yield	8.31%
P/B ratio	5.69x
P/S ratio	0.19x
PE Ratio10 Y	28.34x
PS Forward	0.18x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	2.11%
EBITDA Margin	2.11%
FCF margin	1.56%
Gross margin	20.55%
Gross Profit	$506.2M
Gross Profit Growth	0.36%
Gross Profit Growth Q	13.66%
Gross Profit Growth3 Y	-1.07%
Gross Profit Growth5 Y	12.37%
Net Income	$-91.5M
Net Income Growth Quarters	5%
Net Income Growth Years	1%
Pretax Margin	-5.84%
Profit Margin	-3.71%
Profit Per Employee	$-14,392
ROA	2.1
Roa5y	5.49
ROCE	2.31
ROE	-69.13
Roe5y	-45.09
ROIC	4.24
Roic5y	8.68

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	-10.18%
Cagr15y	-4.21%
Cagr1y	-54.81%
Cagr20y	-2.92%
Cagr3y	-50.22%
Cagr5y	-29.63%
Div CAGR10	9.15%
Div CAGR3	8.58%
Div CAGR5	8.79%
EPS Growth Quarters	5
EPS Growth Years	1
FCF Growth Q	146.94%
FCF Growth3 Y	-44.7%
FCF Growth5 Y	-3.23%
OCF Growth	1,489.7%
OCF Growth Q	65.63%
OCF Growth10 Y	-5.97%
OCF Growth3 Y	-38.03%
OCF Growth5 Y	-0.93%
Revenue Growth	-3.22x
Revenue Growth Q	-5.09x
Revenue Growth Years	2x
Revenue Growth3 Y	16.2x
Revenue Growth5 Y	13.19x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.9
Assets	$2.7B
Cash	$141M
Current Assets	$542.4M
Current Liabilities	$441.9M
Debt	$2.2B
Debt EBITDA	$41.27
Debt Equity	$17.59
Debt FCF	$56.07
Equity	$122.3M
Interest Coverage	0.29
Liabilities	$2.6B
Long Term Assets	$2.2B
Long Term Liabilities	$2.1B
Net Cash	$-2B
Net Cash By Market Cap	$-435
Net Debt EBITDA	$38.57
Net Debt Equity	$16.43
Net Debt FCF	$52.39
Tangible Book Value	$-1.3B
Tangible Book Value Per Share	$-41.96
WACC	7.48

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.23
Net Working Capital	$87.6M
Quick ratio	1.07
Working Capital	$100.5M
Working Capital Turnover	$31.68

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	-8.78%
Dividend per share	$0
Last Dividend	$0.24

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	-65.82%
1Y total return	-54.79%
200-day SMA	19.8
3Y total return	-87.67%
50-day SMA	12.51
50-day SMA vs 200-day SMA	50under200
5Y total return	-82.74%
All Time High	125.7
All Time High Change	-88.39%
All Time High Date	2022-01-04
All Time Low	1.44
All Time Low Change	910.39%
All Time Low Date	1996-10-24
ATR	1.05
Beta	1.36
Beta1y	0.99
Beta2y	2.08
Ch YTD	-41.64
High	14.87
High52	32.3
High52 Date	2025-07-29
High52ch	-54.83%
Low	14.21
Low52	7.86
Low52 Date	2026-05-19
Low52ch	85.74%
Ma50ch	16.65%
Premarket Change Percent	-0.34
Premarket Price	$14.73
Premarket Volume	390
Price vs 200-day SMA	-26.29%
RSI	54.47
RSI Monthly	38.77
RSI Weekly	44.45
Sharpe ratio	-0.54x
Sortino ratio	-0.62
Total Return	-8.78%
Tr YTD	-41.64
Tr15y	-47.53%
Tr1m	-1.88%
Tr1w	-9.21%
Tr3m	-34.9%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	5
Analyst Count Top	1
Analyst Price Target Top	$19
Analyst Ratings	Buy
Analyst Ratings Top	Buy
Earnings EPS Estimate	$-0.16
Earnings Revenue Estimate	630,379,200x
Earnings Revenue Estimate Growth	1.86x
Operating Income	$92.2M
Operating Income Growth	55.33
Operating Income Growth Q	24.43
Operating Income Growth3 Y	-27.04
Operating Income Growth5 Y	1.25
Operating margin	3.74
Price target	$18.5
Price Target Change	$30.23
Price Target Change Top	$30.23

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	25,154,141%
Float Percent	79.54%
Net Borrowing	-17,099,000
Shares Insiders	2.31%
Shares Institutions	72.33%
Shares Out	31,625,046
Shares Qo Q	1.12%
Shares Yo Y	8.78%
Short Float	9.26%
Short Ratio	2.06
Short Shares	7.36

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$24.3M
Adjusted OCF	48,495,000
Average Volume	758,492.3x
Bv Per Share	2.56
CAPEX	$-24.2M
Ch10y	-68.54
Ch15y	-54.12
Ch1m	-1.88
Ch1w	-9.21
Ch1y	-54.79
Ch20y	-54.12
Ch3m	-34.9
Ch3y	-87.76
Ch5y	-83.18
Ch6m	-46.79
Change	-1.29%
Change From Open	0.14
Close	14.78
Days Gap	-1.42
Depreciation Amortization	153,799,000
Dollar Volume	10,062,971
Earnings Date	2026-08-05
Earnings Time	amc
EBIT	$52.1M
EBITDA	$52.1M
EPS	$-2.95
F Score	6
FCF	$38.4M
FCF EV Yield	1.55x
FCF Per Share	$1.21
Financing CF	-17,118,000
Fiscal Year End	December
Founded	1,981
Goodwill	522,712,000
Income Tax	$-23.3M
Investing CF	-21,191,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-05-07
Last Report Date	2026-03-31
Last Split Date	2005-04-04
Last Split Type	Forward
Last10k Filing Date	2026-03-11
Ma150	19.09
Ma150ch	-23.57%
Ma20	13.9
Ma20ch	5%
Net CF	24,348,000
Next Earnings Date	2026-08-05
Open	14.57
Optionable	Yes
P FCF Ratio	12.03
P FCF Ratio SBC	18.96
P OCF Ratio	7.38
P OCF Ratio SBC	9.51
Position In Range	57.58
Ppne	689,364,000
Pre Close	14.78
Price Date	2026-07-29
Price EBITDA	$8.86
Relative Volume	0.91x
Revenue	2,463,883,000x
SBC By Revenue	0.57x
Share Based Comp	14,012,000
Tax By Revenue	-0.94x
Tr20y	-44.77%
Tr6m	-46.79%
Us State	Texas
Volume	689,717
Z Score	0.99

Forward Air Corporation (FWRD)

Coverage state: Market snapshot only — no published research

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Price

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Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

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