FWRD Forward Air Corp

Price (delayed)

$23.62

Market cap

$624.48M

P/E Ratio

10.54

Dividend/share

$0.96

EPS

$2.24

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 stock's price to earnings (P/E) is 64% less than its 5-year quarterly average of 29.2 and 29% less than its last 4 quarters average of 14.8
The equity has grown by 35% YoY and by 21% from the previous quarter
FWRD's revenue is up by 8% since the previous quarter but it is down by 5% year-on-year
Forward Air's EPS has shrunk by 68% YoY and by 65% QoQ
The net income has plunged by 63% YoY and by 59% from the previous quarter

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
26.44M
Market cap
$624.48M
Enterprise value
$2.52B
Valuations
Price to book (P/B)
0.67
Price to sales (P/S)
0.42
EV/EBIT
20.49
EV/EBITDA
12.69
EV/Sales
1.7
Earnings
Revenue
$1.49B
EBIT
$122.94M
EBITDA
$198.5M
Free cash flow
$37.55M
Per share
EPS
$2.24
Free cash flow per share
$1.42
Book value per share
$35.12
Revenue per share
$56.33
TBVPS
$49.89
Balance sheet
Total assets
$3.96B
Total liabilities
$2.63B
Debt
$2.07B
Equity
$926.07M
Working capital
$124.59M
Liquidity
Debt to equity
2.23
Current ratio
1.28
Quick ratio
1.18
Net debt/EBITDA
9.55
Margins
EBITDA margin
13.4%
Gross margin
46.3%
Net margin
4.7%
Operating margin
-1.9%
Efficiency
Return on assets
3%
Return on equity
9.1%
Return on invested capital
5.8%
Return on capital employed
3.5%
Return on sales
8.3%
Dividend
Dividend yield
4.06%
DPS
$0.96
Payout ratio
42.9%

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
10.22%
1 week
25.71%
1 month
12.48%
1 year
-78.46%
YTD
-62.43%
QTD
24.05%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$1.49B
Gross profit
$687.06M
Operating income
-$28.03M
Net income
$69.27M
Gross margin
46.3%
Net margin
4.7%
The company's operating income has shrunk by 132% QoQ and by 112% YoY
The company's operating margin has shrunk by 130% QoQ and by 113% YoY
The net income has plunged by 63% YoY and by 59% from the previous quarter
The company's net margin has shrunk by 61% QoQ and by 61% YoY

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
10.54
P/B
0.67
P/S
0.42
EV/EBIT
20.49
EV/EBITDA
12.69
EV/Sales
1.7
Forward Air's EPS has shrunk by 68% YoY and by 65% QoQ
The stock's price to earnings (P/E) is 64% less than its 5-year quarterly average of 29.2 and 29% less than its last 4 quarters average of 14.8
The price to book (P/B) is 81% less than the 5-year quarterly average of 3.5 and 72% less than the last 4 quarters average of 2.4
The equity has grown by 35% YoY and by 21% from the previous quarter
The price to sales (P/S) is 72% lower than the 5-year quarterly average of 1.5 and 65% lower than the last 4 quarters average of 1.2
FWRD's revenue is up by 8% since the previous quarter but it is down by 5% year-on-year

Efficiency

How efficient is Forward Air business performance
FWRD's return on invested capital has dropped by 81% year-on-year and by 55% since the previous quarter
The return on assets has dropped by 81% year-on-year and by 71% since the previous quarter
FWRD's return on equity has dropped by 67% year-on-year and by 62% since the previous quarter
Forward Air's return on sales has decreased by 49% YoY and by 46% QoQ

Dividends

What is FWRD's dividend history
DPS
$0.96
Dividend yield
4.06%
Payout ratio
42.9%
Recent dividends

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 51% higher than its total liabilities
Forward Air's total assets has increased by 33% QoQ
The company's total liabilities rose by 19% QoQ
The company's debt is 123% higher than its equity
The equity has grown by 35% YoY and by 21% from the previous quarter
FWRD's debt to equity is down by 13% since the previous quarter

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