Forward Air Corporation
Financials
Valuation Metrics
Forward Air Corporation's Market Cap is $464M. At end of 2025 it was $774M. Ranked #2837 of 3,112 in US market (top 91%), #1245 of 1,445 on NASDAQ (top 86%), #91 of 93 in Transportation (top 98%) by Market Cap.
Investment Metrics(as of 2026-08-03)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $464M | US#2,837/3,112 Sec#91/93 |
| Revenue | $2.46B | US#1,358/3,112 Sec#54/93 |
| Net Income | $-91M | US—/3,112 Sec—/93 |
| Total Assets | $2.70B | US#1,877/3,112 Sec#72/93 |
| Net Assets | $81M | US#2,899/3,112 Sec#89/93 |
| Employees | 6,062 | US#764/3,112 Sec#35/93 |
| Value | ||
| P/B | 5.73x | US#2,275/3,112 Sec#74/93 |
| P/S | 0.19x | US#77/3,112 Sec#4/93 |
| EV/EBITDA | 24.39x | US#2,039/3,112 Sec#83/93 |
| FCF Yield | 8.26% | US#698/3,112 Sec#21/93 |
| Profitability | ||
| ROE | -112.93% | US#2,865/3,112 Sec#88/93 |
| ROA | -3.39% | US#2,456/3,112 Sec#86/93 |
| Op. Margin | 2.11% | US#2,305/3,112 Sec#76/93 |
| Revenue Growth | -5.09% | US#2,513/3,112 Sec#82/93 |
| Financial Health | ||
| Debt Ratio | 3177.25% | US#2,948/3,112 Sec#88/93 |
| Total Debt | $2.15B | US#1,095/3,112 Sec#45/93 |
| FCF | $38M | US#2,021/3,112 Sec#52/93 |
| Cash | $141M | US#1,973/3,112 Sec#64/93 |
| Current Ratio | 1.23x | US#1,958/3,112 Sec#51/93 |
| Net Debt/EBITDA | 19.81x | US#2,469/3,112 Sec#85/93 |
| Dividend | ||
| Div. Yield | 0.00% | US—/3,112 Sec—/93 |
| Div. Growth | -0.11% | US—/3,112 Sec—/93 |
| Payout Ratio | 0.00% | US—/3,112 Sec—/93 |
| Performance | ||
| 1Y Return | -49.71% | US#2,975/3,112 Sec#91/93 |
| 1M Return | 9.14% | US#590/3,112 Sec#21/93 |
| From 52W High | -54.79% | US#2,859/3,112 Sec#88/93 |
| 1Y MDD | -74.25% | US#2,985/3,112 Sec#90/93 |
| Trading | ||
| Volume | 372,149 shares | US#2,270/3,112 Sec#63/93 |
| Trading Value | $5M | US#2,644/3,112 Sec#81/93 |
| Per Share | ||
| EPS | $-3.51 | US—/3,112 Sec—/93 |
| BPS | $3.64 | US#2,350/3,112 Sec#77/93 |
Company Info
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. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its 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. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was incorporated in 1981 and is headquartered in Dallas, Texas.