FWRD Forward Air Corp

  1. Stocks
  2. Industrials
  3. NASDAQ: FWRD

Price (delayed)

$98.2

Market cap

$2.55B

P/E Ratio

14.09

Dividend/share

$0.96

EPS

$6.97

Enterprise value

$2.85B

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 stock's price to earnings (P/E) is 52% less than its 5-year quarterly average of 29.6 and 3.5% less than its last 4 quarters average of 14.6
The gross profit has grown by 18% YoY
Forward Air's EPS has increased by 38% YoY but it has decreased by 2.8% QoQ
The net income has grown by 36% YoY but it has contracted by 3.3% from the previous quarter
The company's debt rose by 21% QoQ and by 3.5% YoY
The quick ratio has decreased by 12% YoY and by 11% from the previous quarter
Sector: Industrials
Industry: Integrated Freight & Logistics
Website: http://www.forwardair.com
Peers: EXPD FDX SAIA ARCB

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
25.96M
Market cap
$2.55B
Enterprise value
$2.85B
Valuations
Price to earnings (P/E)
14.09
Price to book (P/B)
3.77
Price to sales (P/S)
1.34
EV/EBIT
11.01
EV/EBITDA
9.23
EV/Sales
1.48
Earnings
Revenue
$1.93B
EBIT
$259.13M
EBITDA
$309.03M
Free cash flow
$228.66M
Per share
EPS
$6.97
Free cash flow per share
$8.68
Book value per share
$26.03
Revenue per share
$73.41
TBVPS
$27.12
Balance sheet
Total assets
$1.23B
Total liabilities
$540.93M
Debt
$335.47M
Equity
$685.63M
Working capital
$92.02M
Liquidity
Debt to equity
0.49
Current ratio
1.56
Quick ratio
1.41
Net debt/EBITDA
0.98
Margins
EBITDA margin
16%
Gross margin
48.5%
Net margin
9.7%
Operating margin
13.4%
Efficiency
Return on assets
15.5%
Return on equity
27.3%
Return on invested capital
31.3%
Return on capital employed
24.4%
Return on sales
13.4%
Dividend
Dividend yield
0.98%
DPS
$0.96
Payout ratio
13.8%

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
1.04%
1 week
-0.35%
1 month
-4.49%
1 year
4.53%
YTD
-6.38%
QTD
-8.87%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$1.93B
Gross profit
$937.4M
Operating income
$259.13M
Net income
$186.87M
Gross margin
48.5%
Net margin
9.7%
The net income has grown by 36% YoY but it has contracted by 3.3% from the previous quarter
The company's operating income rose by 34% YoY but it fell by 2.6% QoQ
The company's net margin rose by 24% YoY
The company's operating margin rose by 22% YoY

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
14.09
P/B
3.77
P/S
1.34
EV/EBIT
11.01
EV/EBITDA
9.23
EV/Sales
1.48
The stock's price to earnings (P/E) is 52% less than its 5-year quarterly average of 29.6 and 3.5% less than its last 4 quarters average of 14.6
Forward Air's EPS has increased by 38% YoY but it has decreased by 2.8% QoQ
The equity has grown by 12% YoY but it has contracted by 3.1% from the previous quarter
The price to book (P/B) is 4.7% more than the 5-year quarterly average of 3.6
The price to sales (P/S) is 11% lower than the 5-year quarterly average of 1.5 and 4.3% lower than the last 4 quarters average of 1.4
FWRD's revenue is up by 9% year-on-year but it is down by 2% since the previous quarter

Efficiency

How efficient is Forward Air business performance
FWRD's return on invested capital is up by 32% year-on-year but it is down by 3.4% since the previous quarter
The return on assets rose by 25% year-on-year but it has declined by 4.3% since the previous quarter
Forward Air's return on sales has increased by 25% YoY
FWRD's return on equity is up by 15% year-on-year but it is down by 6% since the previous quarter

Dividends

What is FWRD's dividend history
Dividend details
DPS
$0.96
Dividend yield
0.98%
Payout ratio
13.8%
Recent dividends

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 127% higher than its total liabilities
FWRD's current ratio is down by 13% since the previous quarter and by 10% year-on-year
The quick ratio has decreased by 12% YoY and by 11% from the previous quarter
The company's debt is 51% lower than its equity
FWRD's debt to equity is up by 26% since the previous quarter but it is down by 8% year-on-year
The company's debt rose by 21% QoQ and by 3.5% YoY

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