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Forward Air NasdaqGS:FWRD Stock Report

Last Price

US$16.79

Market Cap

US$447.5m

7D

3.8%

1Y

-20.5%

Updated

01 May, 2025

Data

Company Financials +

Forward Air Corporation

NasdaqGS:FWRD Stock Report

Market Cap: US$447.5m

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Forward Air Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Forward Air
Historical stock prices
Current Share PriceUS$16.79
52 Week HighUS$40.92
52 Week LowUS$9.79
Beta1.11
1 Month Change-14.29%
3 Month Change-47.94%
1 Year Change-20.50%
3 Year Change-83.14%
5 Year Change-63.63%
Change since IPO372.22%

Recent News & Updates

Forward Air: Still Not Ready To Move Forward

Mar 23

Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital

Feb 03
Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital

Recent updates

Forward Air: Still Not Ready To Move Forward

Mar 23

Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital

Feb 03
Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital

Forward Air (NASDAQ:FWRD) Use Of Debt Could Be Considered Risky

Jan 01
Forward Air (NASDAQ:FWRD) Use Of Debt Could Be Considered Risky

Forward Air: Issues Remain And Valuation Is Stretched (Rating Downgrade)

Dec 17

Not Many Are Piling Into Forward Air Corporation (NASDAQ:FWRD) Just Yet

Dec 06
Not Many Are Piling Into Forward Air Corporation (NASDAQ:FWRD) Just Yet

Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital

Oct 02
Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital

Forward Air: Making Some Progress After A Considerable Mess

Oct 01

Forward Air Corporation (NASDAQ:FWRD) Stock Rockets 27% But Many Are Still Ignoring The Company

Aug 27
Forward Air Corporation (NASDAQ:FWRD) Stock Rockets 27% But Many Are Still Ignoring The Company

Forward Air: Freight Recession And Omni Drama Do Not Make The Stock Appealing

Jul 21

Forward Air: A Show-Me Story That Could Unveil Upside Potential (Rating Upgrade)

May 06

Forward Air And Its Real Value

Feb 11

Forward Air: Understated Downside Risk As The Deal Is Set To Close

Jan 24

We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt

Sep 11
We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt

Forward Air (NASDAQ:FWRD) Is Paying Out A Dividend Of $0.24

Aug 12
Forward Air (NASDAQ:FWRD) Is Paying Out A Dividend Of $0.24

At US$112, Is Forward Air Corporation (NASDAQ:FWRD) Worth Looking At Closely?

Aug 04
At US$112, Is Forward Air Corporation (NASDAQ:FWRD) Worth Looking At Closely?

Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

Jun 25
Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt Safely

Jun 13
These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt Safely

Forward Air (NASDAQ:FWRD) Could Become A Multi-Bagger

Jun 01
Forward Air (NASDAQ:FWRD) Could Become A Multi-Bagger

Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

May 15
Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

Apr 21
Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Mar 24
With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Mar 12
Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Shareholder Returns

FWRDUS LogisticsUS Market
7D3.8%-3.1%1.8%
1Y-20.5%-25.8%9.5%

Return vs Industry: FWRD exceeded the US Logistics industry which returned -24.9% over the past year.

Return vs Market: FWRD underperformed the US Market which returned 9.6% over the past year.

Price Volatility

Is FWRD's price volatile compared to industry and market?
FWRD volatility
FWRD Average Weekly Movement16.6%
Logistics Industry Average Movement7.7%
Market Average Movement7.8%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market4.1%

Stable Share Price: FWRD's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FWRD's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19816,453Shawn Stewartwww.forwardair.com/about

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. It operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.

Forward Air Corporation Fundamentals Summary

How do Forward Air's earnings and revenue compare to its market cap?
FWRD fundamental statistics
Market capUS$447.53m
Earnings (TTM)-US$810.58m
Revenue (TTM)US$2.47b

0.2x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FWRD income statement (TTM)
RevenueUS$2.47b
Cost of RevenueUS$1.99b
Gross ProfitUS$483.63m
Other ExpensesUS$1.29b
Earnings-US$810.58m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 07, 2025

Earnings per share (EPS)-26.66
Gross Margin19.55%
Net Profit Margin-32.76%
Debt/Equity Ratio586.3%

How did FWRD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 07:25
End of Day Share Price 2025/05/01 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forward Air Corporation is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Garrett HollandBaird
Christopher KuhnBenchmark Company
Kenneth HoexterBofA Global Research