Forward Air (FWRD)
NasdaqMarket Closed
Last updated
- Market Cap
- $604,339,621
- P/E
- —
- P/FCF
- 12.53
- P/S
- 0.24
- Enterprise Value
- $2,189,996,621
- Sector
- —
- Industry
- —
- Address
- 3200 OLYMPUS BOULEVARD, DALLAS, TX, 75019
Forward Air Q2 Earnings Call Highlights
Forward Air takes step in right direction in Q2
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Forward Air (FWRD) Surges 22.8%: Is This an Indication of Further Gains?
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Forward Air Q1 Earnings Call Highlights
Forward Air Corporation Q1 2026 Earnings Call Summary
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Full enterprise sale of Forward Air ‘unlikely,’ report says
Forward Air Corporation (FWRD) Seen as Attractive Value at 8.5x 2026 EBITDA, Says Susquehanna
Forward Air Corporation Q4 2025 Earnings Call Summary
Forward Air says strategic review nearing conclusion
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $604,339,621
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $2,189,996,621
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- -5.24
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 0.24
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 9.5
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 0.87
- EPS
- -8.47
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 12.53
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 8.53
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- $48,216,000
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 247.94%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -11.87%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- -14.95
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.32
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 1.32
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.32
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $606,640
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 17.89
Income Statement
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Revenue | 673.04M | 582.05M | 631.23M | 631.76M | 618.84M |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 673.04M | 582.05M | 631.23M | 631.76M | 618.84M |
| Operating income | -201.31M | 20.44M | -2.87M | 15.01M | 19.52M |
| EBITDA | 80.96M | 58.96M | 37.86M | 52.76M | 56.33M |
| Net income | -207.3M | -34.32M | -28.33M | -16.25M | -12.58M |
| Income taxes | -174K | 1.79M | -8.7M | 385K | -16.75M |
| Interest expense | -43.72M | -43.59M | -45.1M | -44.78M | -45.33M |
| Other operating expenses | 706.05M | 407.51M | 477.01M | 447.1M | 417.03M |
| Total operating expenses | 874.35M | 561.61M | 634.1M | 616.76M | 599.32M |
| Basic EPS | -6.38 | -1.09 | -0.91 | -0.52 | -0.41 |
| Diluted EPS | -6.38 | -1.09 | -0.91 | -0.52 | -0.41 |
Balance Sheet
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Total assets | 2.41B | 2.7B | 2.72B | 2.79B | 2.76B |
| Total liabilities | 2.53B | 2.57B | 2.56B | 2.6B | 2.54B |
| Total equity | -122.67M | 122.28M | 161.66M | 195.84M | 216.24M |
| Cash & equivalents | 139.45M | 141.02M | 106M | 140.35M | 95.13M |
| Current assets | 583.12M | 542.36M | 521M | 552.49M | 474.61M |
| Current liabilities | 441.57M | 441.9M | 428.33M | 460.04M | 396.69M |
| Accounts payable | 118.65M | 103.69M | 121.75M | 124.84M | 115.12M |
| Receivables | 375.57M | 333.78M | 349.71M | 341.41M | 335.72M |
| Inventories | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 278.71M | 522.71M | 522.71M | 522.71M | 522.71M |
| Long-term debt | 1.71B | 1.71B | 1.71B | 1.71B | 1.71B |
Cash Flow
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Operating cash flow | -4.88M | 45.74M | -22.73M | 52.71M | -13.22M |
| Investing cash flow | 6.65M | -5.52M | -7.94M | -3.85M | -3.89M |
| Financing cash flow | -3.54M | -4.91M | -3.93M | -3.66M | -4.62M |
| Change in cash | -1.57M | 35.03M | -34.36M | 45.05M | -21.37M |
| Net income | -245.93M | -40.2M | -36.41M | -23.76M | -20.36M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | SCHEDULE 13G — FORWARD AIR CORP | View Filing | |
| edgar index | SCHEDULE 13G — FORWARD AIR CORP | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| edgar index | 10-Q — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G — FORWARD AIR CORP | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — FORWARD AIR CORP | View Filing | |
| edgar index | 3 — FORWARD AIR CORP | View Filing | |
| edgar index | 3 — FORWARD AIR CORP | View Filing | |
| edgar index | 3 — FORWARD AIR CORP | View Filing | |
| edgar index | 3 — FORWARD AIR CORP | View Filing | |
| edgar index | 3 — FORWARD AIR CORP | View Filing | |
| edgar index | 3 — FORWARD AIR CORP | View Filing | |
| form 3 | Form 3 — Sons Lance | View Filing | |
| form 3 | Form 3 — Khambatta Karl | View Filing | |
| form 3 | Form 3 — Lindsay Justin | View Filing | |
| form 3 | Form 3 — Lindsay Justin | View Filing | |
| form 3 | Form 3 — Lindsay Justin | View Filing | |
| form 3 | Form 3 — Van Altena Jonathan | View Filing | |
| form 3 | Form 3 — Mendunekas Fabio de Moraes | View Filing | |
| form 3 | Form 3 — Zhu Yanqing | View Filing | |
| edgar index | S-8 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| form 4 | Form 4 — Gorjanc Christine Marie | View Filing | |
| form 4 | Form 4 — Boyles Dale W | View Filing | |
| form 4 | Form 4 — Svindland Paul C. | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — FORWARD AIR CORP | View Filing | |
| edgar index | 10-Q — FORWARD AIR CORP | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | DEF 14A — FORWARD AIR CORP | View Filing | |
| edgar index | DEFA14A — FORWARD AIR CORP | View Filing | |
| edgar index | ARS — FORWARD AIR CORP | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Stewart Shawn | View Filing | |
| edgar index | SCHEDULE 13G/A — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| form 4 | Form 4 — Stewart Shawn | View Filing | |
| form 4 | Form 4 — Pierson Jamie G. | View Filing | |
| form 4 | Form 4 — Hance Michael L | View Filing | |
| form 4 | Form 4 — Hance Michael L | View Filing | |
| form 4 | Form 4 — OSBORNE TIMOTHY R | View Filing | |
| form 4 | Form 4 — OSBORNE TIMOTHY R | View Filing | |
| edgar index | 10-K — FORWARD AIR CORP | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 4 — FORWARD AIR CORP | View Filing | |
| edgar index | 8-K — FORWARD AIR CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Faught James R. | View Filing | |
| form 4 | Form 4 — Faught James R. | View Filing | |
| form 4 | Form 4 — LORRAIN Jerome Jean-Pierre | View Filing | |
| form 4 | Form 4 — HERREN JESSICA L | View Filing |