FWRD Forward Air Corp

  1. Stocks
  2. Industrials
  3. NASDAQ: FWRD

Price (delayed)

$83.33

Market cap

$2.26B

P/E Ratio

42.73

Dividend/share

$0.84

EPS

$1.95

Enterprise value

$2.52B

Forward Air Corporation is a leading asset-light freight and logistics company. It provides LTL, final mile, truckload, intermodal drayage and pool distribution services across the United States and in Canada. ...

Highlights
The quick ratio has increased by 21% from the previous quarter and by 14% YoY
FWRD's revenue is up by 20% year-on-year and by 10% since the previous quarter
Forward Air's EPS has surged by 107% QoQ but it has decreased by 4.9% YoY
The net income has soared by 104% from the previous quarter but it has contracted by 7% YoY
The company's debt rose by 25% QoQ and by 19% YoY
The gross margin has decreased by 3.4% YoY
Sector: Industrials
Industry: Integrated Freight & Logistics
Website: http://www.forwardair.com
Peers: EXPD FDX SAIA ODFL

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
27.1M
Market cap
$2.26B
Enterprise value
$2.52B
Valuations
Price to earnings (P/E)
42.73
Price to book (P/B)
4.14
Price to sales (P/S)
1.55
EV/EBIT
30.14
EV/EBITDA
20.89
EV/Sales
1.72
Earnings
Revenue
$1.47B
EBIT
$83.63M
EBITDA
$120.66M
Free cash flow
$50.28M
Per share
EPS
$1.95
Free cash flow per share
$1.84
Book value per share
$20.15
Revenue per share
$53.64
TBVPS
$24.93
Balance sheet
Total assets
$1.08B
Total liabilities
$531.49M
Debt
$312.92M
Equity
$550.35M
Working capital
$127.74M
Liquidity
Debt to equity
0.57
Current ratio
1.75
Quick ratio
1.64
Net debt/EBITDA
2.17
Margins
EBITDA margin
8.2%
Gross margin
42.3%
Net margin
3.7%
Operating margin
7.4%
Efficiency
Return on assets
5.2%
Return on equity
9.9%
Return on invested capital
11.8%
Return on capital employed
9.2%
Return on sales
5.7%
Dividend
Dividend yield
1.01%
DPS
$0.84
Payout ratio
43.1%

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
-0.62%
1 week
-1%
1 month
-6.02%
1 year
41.72%
YTD
8.45%
QTD
-7.15%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$1.47B
Gross profit
$620.01M
Operating income
$109.08M
Net income
$54.06M
Gross margin
42.3%
Net margin
3.7%
The net income has soared by 104% from the previous quarter but it has contracted by 7% YoY
The company's net margin has surged by 85% QoQ but it fell by 21% YoY
The company's operating income rose by 35% QoQ and by 22% YoY
The company's operating margin rose by 21% QoQ

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
42.73
P/B
4.14
P/S
1.55
EV/EBIT
30.14
EV/EBITDA
20.89
EV/Sales
1.72
Forward Air's EPS has surged by 107% QoQ but it has decreased by 4.9% YoY
The stock's price to earnings (P/E) is 35% less than its last 4 quarters average of 65.7 but 27% more than its 5-year quarterly average of 33.7
The price to book (P/B) is 29% more than the 5-year quarterly average of 3.2 and 6% more than the last 4 quarters average of 3.9
The equity has contracted by 2.8% YoY
FWRD's revenue is up by 20% year-on-year and by 10% since the previous quarter
The price to sales (P/S) is 3.3% higher than the 5-year quarterly average of 1.5 but 3.1% lower than the last 4 quarters average of 1.6

Efficiency

How efficient is Forward Air business performance
The return on assets has surged by 108% since the previous quarter but it has declined by 7% year-on-year
FWRD's return on equity has surged by 106% since the previous quarter but it is down by 2.9% year-on-year
FWRD's return on invested capital has surged by 66% since the previous quarter
Forward Air's return on sales has surged by 54% QoQ but it has decreased by 16% YoY

Dividends

What is FWRD's dividend history
DPS
$0.84
Dividend yield
1.01%
Payout ratio
43.1%
Recent dividends

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 104% higher than its total liabilities
The quick ratio has increased by 21% from the previous quarter and by 14% YoY
FWRD's current ratio is up by 19% since the previous quarter and by 4.2% year-on-year
The company's debt is 43% lower than its equity
The company's debt rose by 25% QoQ and by 19% YoY
FWRD's debt to equity is up by 24% since the previous quarter and by 24% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.