Forward Air Statistics
Total Valuation
Forward Air has a market cap or net worth of $578.95 million. The enterprise value is $2.62 billion.
Important Dates
The last earnings date was Wednesday, May 7, 2025, after market close.
| Earnings Date | May 7, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Forward Air has 30.42 million shares outstanding. The number of shares has increased by 10.01% in one year.
| Current Share Class | 30.42M |
| Shares Outstanding | 30.42M |
| Shares Change (YoY) | +10.01% |
| Shares Change (QoQ) | +2.81% |
| Owned by Insiders (%) | 1.46% |
| Owned by Institutions (%) | 84.06% |
| Float | 22.61M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.21 |
| Forward PS | 0.21 |
| PB Ratio | 3.74 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 147.24 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.03 |
| EV / EBITDA | 12.13 |
| EV / EBIT | 37.68 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 9.48.
| Current Ratio | 1.13 |
| Quick Ratio | 1.03 |
| Debt / Equity | 9.48 |
| Debt / EBITDA | 2.72 |
| Debt / FCF | n/a |
| Interest Coverage | 0.36 |
Financial Efficiency
Return on equity (ROE) is -140.72% and return on invested capital (ROIC) is 1.50%.
| Return on Equity (ROE) | -140.72% |
| Return on Assets (ROA) | 1.28% |
| Return on Invested Capital (ROIC) | 1.50% |
| Return on Capital Employed (ROCE) | 2.93% |
| Revenue Per Employee | $386,537 |
| Profits Per Employee | -$120,563 |
| Employee Count | 6,586 |
| Asset Turnover | 0.75 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -87.05M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +23.25% in the last 52 weeks. The beta is 1.24, so Forward Air's price volatility has been higher than the market average.
| Beta (5Y) | 1.24 |
| 52-Week Price Change | +23.25% |
| 50-Day Moving Average | 17.57 |
| 200-Day Moving Average | 28.88 |
| Relative Strength Index (RSI) | 59.42 |
| Average Volume (20 Days) | 752,933 |
Short Selling Information
The latest short interest is 4.01 million, so 13.17% of the outstanding shares have been sold short.
| Short Interest | 4.01M |
| Short Previous Month | 4.29M |
| Short % of Shares Out | 13.17% |
| Short % of Float | 17.72% |
| Short Ratio (days to cover) | 4.20 |
Income Statement
In the last 12 months, Forward Air had revenue of $2.55 billion and -$794.03 million in losses. Loss per share was -$28.76.
| Revenue | 2.55B |
| Gross Profit | 504.41M |
| Operating Income | 69.43M |
| Pretax Income | -795.03M |
| Net Income | -794.03M |
| EBITDA | 215.60M |
| EBIT | 69.43M |
| Loss Per Share | -$28.76 |
Full Income StatementBalance Sheet
The company has $116.31 million in cash and $2.15 billion in debt, giving a net cash position of -$2.04 billion or -$66.94 per share.
| Cash & Cash Equivalents | 116.31M |
| Total Debt | 2.15B |
| Net Cash | -2.04B |
| Net Cash Per Share | -$66.94 |
| Equity (Book Value) | 227.01M |
| Book Value Per Share | 5.08 |
| Working Capital | 55.10M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $3.93 million and capital expenditures -$44.00 million, giving a free cash flow of -$40.06 million.
| Operating Cash Flow | 3.93M |
| Capital Expenditures | -44.00M |
| Free Cash Flow | -40.06M |
| FCF Per Share | -$1.32 |
Full Cash Flow StatementMargins
Gross margin is 19.81%, with operating and profit margins of 2.73% and -31.66%.
| Gross Margin | 19.81% |
| Operating Margin | 2.73% |
| Pretax Margin | -46.52% |
| Profit Margin | -31.66% |
| EBITDA Margin | 8.47% |
| EBIT Margin | 2.73% |
| FCF Margin | n/a |
Dividends & Yields
Forward Air does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -10.01% |
| Shareholder Yield | -10.01% |
| Earnings Yield | -137.15% |
| FCF Yield | -6.92% |
Dividend DetailsAnalyst Forecast
The average price target for Forward Air is $27.33, which is 43.62% higher than the current price. The consensus rating is "Hold".
| Price Target | $27.33 |
| Price Target Difference | 43.62% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on April 4, 2005. It was a forward split with a ratio of 1.5:1.
| Last Split Date | Apr 4, 2005 |
| Split Type | Forward |
| Split Ratio | 1.5:1 |
Scores
Forward Air has an Altman Z-Score of 1 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1 |
| Piotroski F-Score | 4 |