FWRD

Forward Air Corporation
$16.50
-0.50 (-2.92%)
Mkt Cap 532.46M
Volume 198,104
52W Range 7.86-31.3
Sector Industrials
Beta 1.36
EPS (TTM) -8.92 USD
P/E Ratio -7.18
Revenue (TTM) 2.52B USD
Rev Growth (5Y) +14.5%
EPS Growth (5Y) N/A
AlphaVal · Fair Value
What we estimate one share is worth
$111.59
Undervalued strong signal
84.9% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade · Gated
How strong & durable the business is
F
Platform & Compounding FCF
30.0 / 100 pillar composite (overridden)
A platform business that compounds free cash flow — graded A–F vs. similar companies.

Company Description

Track Record

Showing latest 4 periods • Swipe for more
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 2.50B 2.47B 1.37B 1.68B 1.39B 1.27B 1.22B 1.32B 1.10B 982.53M 959.12M 780.96M
Net Income (107.80M) (816.97M) 167.35M 193.19M 105.86M 23.73M 87.10M 92.05M 87.32M 27.67M 55.58M 61.17M
EPS -3.48 -29.43 0.44 7.18 3.87 0.85 3.06 3.17 2.90 0.91 1.80 1.99
Free Cash Flow 15.27M (112.46M) 150.66M 218.36M 81.15M 64.40M 136.99M 110.26M 65.10M 88.16M 45.23M 52.17M
FCF / Share 0.49 -4.08 5.81 8.15 2.99 2.33 4.86 3.79 2.16 2.90 1.46 1.71
Operating CF 44.38M (75.40M) 181.39M 259.09M 120.26M 84.67M 159.00M 152.55M 103.36M 130.35M 85.72M 91.66M
Total Assets 2.74B 2.80B 2.98B 1.21B 1.12B 1.05B 990.88M 760.22M 687.72M 641.29M 700.17M 541.80M
Total Debt 2.16B 2.15B 1.95B 266.78M 320.07M 243.24M 179.23M 47.70M 41.31M 28.74M 84.74M 2.83M
Cash & Equiv 106.00M 104.90M 121.97M 45.82M 37.32M 40.25M 64.75M 25.66M 3.89M 8.51M 33.31M 41.43M
Book Value 113.34M 201.73M 764.26M 707.24M 593.65M 547.33M 577.18M 553.24M 533.49M 499.07M 510.06M 463.56M
Return on Equity -0.95 -4.05 0.22 0.27 0.18 0.04 0.15 0.17 0.16 0.06 0.11 0.13
FWRD News
Bank of America Corp DE Has $5.20 Million Stock Position in Forward Air Corporation $FWRD
Aug 27, 2026 11:58 PM · defenseworld.net
Deutsche Bank AG Acquires New Shares in Forward Air Corporation $FWRD
Aug 23, 2026 11:47 PM · defenseworld.net
AlpInvest Partners B.V. Acquires Shares of 103,330 Forward Air Corporation $FWRD
Aug 18, 2026 11:48 PM · defenseworld.net
5 Broker-Loved Stocks to Watch as September Rate Hike Seems Unlikely
Aug 11, 2026 06:11 AM · zacks.com
Forward Air Q2 Earnings Call Highlights
Aug 05, 2026 06:04 PM · marketbeat.com
Forward Air Corporation (FWRD) Q2 2026 Earnings Call Transcript
Aug 05, 2026 03:20 PM · seekingalpha.com
Forward Air Corporation Reports Second Quarter 2026 Results
Aug 05, 2026 12:01 PM · businesswire.com
Forward Air (FWRD) Surges 22.8%: Is This an Indication of Further Gains?
Jul 22, 2026 01:16 AM · zacks.com
Forward Air Corporation Provides Customer Update
Jul 21, 2026 03:30 AM · businesswire.com
Forward Air Corp (FWRD) Shares Fall 3.9% -- What GF Score of 56 Tells Investors
Jul 20, 2026 04:36 PM · gurufocus.com