Forward Air Corp (FWRD) Stock Price

FWRDStock

$17.41−43.08%52W

Market Cap$588.12M

P/E—

PEG Ratio0.65

Div yield1.48%

Beta1.39

FWRD Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-47.59%

Price vs S&P 500 (4W)15.82%

PEG Ratio0.65

VGM Score45.48

Indicated Dividend Yield (Annual)1.48%

P/CF (Annual)15.33x

Book Value / Share (Quarterly)$2.56

P/TBV (Annual)2.56x

Indicated Dividend (Annual)$0.00

Revenue Growth (3Y)8.13%

Cash Flow / Share (Quarterly)$1.21

Payout Ratio (TTM)23.34%

Price vs S&P 500 (YTD)-41.68%

Gross Margin (TTM)41.22%

Net Profit Margin (TTM)-3.71%

EPS (TTM)$-2.93

10-Day Avg Trading Volume0.42M

EPS Excl Extra (TTM)$-2.93

Revenue Growth (5Y)14.47%

EPS (Annual)$-3.51

Dividend / Share (Annual)$0.00

ROI (Annual)-5.86%

Gross Margin (Annual)41.14%

Net Profit Margin (5Y Avg)-1.79%

Cash / Share (Quarterly)$4.46

Revenue Growth QoQ (YoY)-5.09%

ROA (Last FY)-3.96%

Revenue Growth TTM (YoY)-3.22%

EBITD / Share (TTM)$6.63

ROE (5Y Avg)-86.61%

Operating Margin (TTM)2.11%

Cash Flow / Share (Annual)$0.49

P/B Ratio8.40x

P/B Ratio (Quarterly)6.51x

Net Income / Employee (Annual)$-17,800

EV / Revenue (TTM)0.92x

Net Interest Coverage (TTM)0.21x

ROA (TTM)-3.34%

EV / EBITDA (TTM)10.99x

EPS Incl Extra (Annual)$-3.51

Current Ratio (Annual)1.22x

Quick Ratio (Quarterly)1.16x

3-Month Avg Trading Volume1.17M

52-Week Price Return-43.08%

EV / Free Cash Flow (Annual)148.27x

Revenue / Employee (TTM)$406,400

Tangible BV / Share (Quarterly)$24.52

P/S Ratio (Annual)0.27x

Asset Turnover (Annual)0.92x

52-Week High$32.00

Operating Margin (5Y Avg)-2.40%

EPS Excl Extra (Annual)$-3.51

CapEx CAGR (5Y)7.48%

Tangible BV CAGR (5Y)7.45%

26-Week Price Return-36.34%

Quick Ratio (Annual)1.15x

13-Week Price Return110.42%

Total Debt / Equity (Annual)15.22x

Current Ratio (Quarterly)1.23x

Enterprise Value$2.26B

Revenue / Share Growth (5Y)12.12%

Asset Turnover (TTM)0.90x

Book Value / Share Growth (5Y)-29.00%

Revenue / Employee (Annual)$411,600

Inventory Turnover (Annual)310.23x

Pretax Margin (Annual)-5.90%

Cash / Share (Annual)$3.38

3-Month Return Std Dev83.90%

Gross Margin (5Y Avg)44.69%

Net Income / Employee (TTM)$-15,100

EBITDA CAGR (5Y)11.24%

EBITDA Interim CAGR (5Y)13.07%

ROE (Last FY)-95.11%

Net Interest Coverage (Annual)0.21x

EPS Basic Excl Extra (Annual)$-3.51

P/FCF (TTM)7.79x

Receivables Turnover (TTM)7.39x

EV / Free Cash Flow (TTM)59.03x

Total Debt / Equity (Quarterly)21.29x

EPS Incl Extra (TTM)$-2.93

Receivables Turnover (Annual)7.49x

ROI (TTM)-4.95%

P/S Ratio (TTM)0.28x

Pretax Margin (5Y Avg)-5.95%

Revenue / Share (Annual)$81.23

Tangible BV / Share (Annual)$24.52

Free OCF CAGR (5Y)-25.01%

Price vs S&P 500 (52W)-61.39%

Year-to-Date Return-29.72%

5-Day Price Return-8.39%

EPS Normalized (Annual)$-3.51

ROA (5Y Avg)-0.41%

Net Profit Margin (Annual)-4.32%

Month-to-Date Return25.05%

Cash Flow / Share (TTM)$6.29

EBITD / Share (Annual)$6.15

Operating Margin (Annual)1.46%

LT Debt / Equity (Annual)14.89x

P/CF (TTM)10.88x

ROI (5Y Avg)-0.99%

LT Debt / Equity (Quarterly)20.87x

EPS Basic Excl Extra (TTM)$-2.93

P/TBV (Quarterly)2.56x

Payout Ratio (Annual)13.46%

P/B Ratio (Annual)6.89x

Dividend / Share (TTM)$0.00

Inventory Turnover (TTM)310.19x

Pretax Margin (TTM)-5.84%

Book Value / Share (Annual)$3.62

Price vs S&P 500 (13W)107.63%

Dividend Yield (TTM)0.00%

Beta1.39x

P/FCF (Annual)44.56x

Revenue / Share (TTM)$78.28

ROE (TTM)-75.30%

52-Week Low$7.86

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gGradeD

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FWRD Earnings Surprise History

Q2 250.06est. -0.26

Q3 250.07est. -0.12

Q4 25-0.19est. -0.27

Q1 26-0.20est. -0.37

Q2 261.53est. -0.15

FWRD Analyst Recommendations

May 2026

Jun 2026

Jul 2026

Aug 2026

4.00

3.91

Industry Peers — Freight & Logistics(18)

Symbol	Value Score	Growth Score	Momentum Score	Price
FWRDForward Air Corp	C	D	C	$17.41
EXPDExpeditors International of Washington, Inc.	D	C	A	$189.05
CHRWC.H. Robinson Worldwide, Inc.	D	C	C	$143.66
BCOThe Brink's Company	C	C	B	$111.00
HUBGHUB Group Inc	C	D	B	$39.23
RLGTRadiant Logistics, Inc.	B	D	B	$8.61
CRGOFreightos Limited Ordinary shares	C	C	D	$1.42
NCEWNew Century Logistics (BVI) Limited Ordinary Shares	D	C	B	$17.39
PSIGPS International Group Ltd. Ordinary Shares	—	F	D	$1.96
SLGBSmart Logistics Global Limited Class A Ordinary Shares	B	A	D	$0.54
VNTGVantage Corp	—	—	D	$0.62
QNMEQuanome Technologies, Inc. Common Stock	—	—	F	$0.32
LSHLakeside Holding Limited Common Stock	B	A	F	$0.31
ELOGEastern International Ltd. Ordinary Shares	—	—	C	$0.76
JYDJayud Global Logistics Limited Class A Ordinary Shares	A	C	D	$0.91
GVHGlobavend Holdings Limited Ordinary Shares	A	D	D	$1.03
SGLYSingularity Future Technology Ltd. Common Stock	C	F	F	$2.15
FRGTFreight Technologies, Inc. Ordinary Shares	A	D	F	$1.51
CRGOWFreightos Limited Warrant expiring 1/23/2028	—	—	F	$0.04

About Forward Air Corp

Forward Air Corp is an asset-light freight and logistics company operating across North America (US, Canada, Mexico). Its primary segments are Expedited Freight, which provides regional and national LTL services with final-mile and consolidation capabilities, and Omni Logistics, its largest revenue driver. The company offers comprehensive logistics services including local pickup and delivery, truckload transportation, warehousing, and customs brokerage.