Forward Air Statistics
Total Valuation
Forward Air has a market cap or net worth of $926.22 million. The enterprise value is $3.01 billion.
Important Dates
The last earnings date was Monday, August 11, 2025, after market close.
| Earnings Date | Aug 11, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Forward Air has 30.79 million shares outstanding. The number of shares has increased by 12.82% in one year.
| Current Share Class | 30.79M |
| Shares Outstanding | 30.79M |
| Shares Change (YoY) | +12.82% |
| Shares Change (QoQ) | +0.78% |
| Owned by Insiders (%) | 1.75% |
| Owned by Institutions (%) | 74.47% |
| Float | 21.58M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.36 |
| Forward PS | 0.35 |
| PB Ratio | 6.15 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 144.84 |
| P/OCF Ratio | 23.01 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 13.53, with an EV/FCF ratio of 463.84.
| EV / Earnings | n/a |
| EV / Sales | 1.19 |
| EV / EBITDA | 13.53 |
| EV / EBIT | 34.19 |
| EV / FCF | 463.84 |
Financial Position
The company has a current ratio of 1.20, with a Debt / Equity ratio of 10.00.
| Current Ratio | 1.20 |
| Quick Ratio | 1.09 |
| Debt / Equity | 10.00 |
| Debt / EBITDA | 2.70 |
| Debt / FCF | 333.67 |
| Interest Coverage | 0.46 |
Financial Efficiency
Return on equity (ROE) is -52.07% and return on invested capital (ROIC) is 2.29%.
| Return on Equity (ROE) | -52.07% |
| Return on Assets (ROA) | 1.89% |
| Return on Invested Capital (ROIC) | 2.29% |
| Return on Capital Employed (ROCE) | 3.72% |
| Revenue Per Employee | $382,768 |
| Profits Per Employee | -$26,275 |
| Employee Count | 6,586 |
| Asset Turnover | 0.87 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Forward Air has paid $71.14 million in taxes.
| Income Tax | 71.14M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +19.76% in the last 52 weeks. The beta is 1.43, so Forward Air's price volatility has been higher than the market average.
| Beta (5Y) | 1.43 |
| 52-Week Price Change | +19.76% |
| 50-Day Moving Average | 26.13 |
| 200-Day Moving Average | 26.24 |
| Relative Strength Index (RSI) | 60.61 |
| Average Volume (20 Days) | 621,433 |
Short Selling Information
The latest short interest is 3.40 million, so 11.06% of the outstanding shares have been sold short.
| Short Interest | 3.40M |
| Short Previous Month | 3.58M |
| Short % of Shares Out | 11.06% |
| Short % of Float | 15.78% |
| Short Ratio (days to cover) | 6.52 |
Income Statement
In the last 12 months, Forward Air had revenue of $2.52 billion and -$173.04 million in losses. Loss per share was -$6.78.
| Revenue | 2.52B |
| Gross Profit | 493.72M |
| Operating Income | 87.93M |
| Pretax Income | -795.03M |
| Net Income | -173.04M |
| EBITDA | 222.27M |
| EBIT | 87.93M |
| Loss Per Share | -$6.78 |
Full Income StatementBalance Sheet
The company has $95.13 million in cash and $2.16 billion in debt, giving a net cash position of -$2.07 billion or -$67.15 per share.
| Cash & Cash Equivalents | 95.13M |
| Total Debt | 2.16B |
| Net Cash | -2.07B |
| Net Cash Per Share | -$67.15 |
| Equity (Book Value) | 216.24M |
| Book Value Per Share | 4.96 |
| Working Capital | 77.92M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $40.80 million and capital expenditures -$34.31 million, giving a free cash flow of $6.48 million.
| Operating Cash Flow | 40.80M |
| Capital Expenditures | -34.31M |
| Free Cash Flow | 6.48M |
| FCF Per Share | $0.21 |
Full Cash Flow StatementMargins
Gross margin is 19.58%, with operating and profit margins of 3.49% and -6.86%.
| Gross Margin | 19.58% |
| Operating Margin | 3.49% |
| Pretax Margin | -3.17% |
| Profit Margin | -6.86% |
| EBITDA Margin | 8.82% |
| EBIT Margin | 3.49% |
| FCF Margin | 0.26% |
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 | -12.82% |
| Shareholder Yield | -12.82% |
| Earnings Yield | -18.43% |
| FCF Yield | 0.69% |
Dividend DetailsAnalyst Forecast
The average price target for Forward Air is $34.67, which is 15.26% higher than the current price. The consensus rating is "Buy".
| Price Target | $34.67 |
| Price Target Difference | 15.26% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock 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 1.03 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.03 |
| Piotroski F-Score | 3 |