FWRD Forward Air Corp

Price (delayed)

$90.67

Market cap

$2.48B

P/E Ratio

96.46

Dividend/share

$0.81

EPS

$0.94

Enterprise value

$2.7B

Highlights
FWRD's revenue is up by 7% year-on-year and by 4.5% since the previous quarter
The gross profit has grown by 4% from the previous quarter
The net income has plunged by 66% YoY but it has grown by 12% from the previous quarter
Forward Air's EPS has shrunk by 65% YoY but it has increased by 12% QoQ
The stock's price to earnings (P/E) is 192% more than its 5-year quarterly average of 33.0 and 60% more than its last 4 quarters average of 60.2
The gross margin has decreased by 6% YoY

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
27.32M
Market cap
$2.48B
Enterprise value
$2.7B
Valuations
Price to earnings (P/E)
96.46
Price to book (P/B)
4.58
Price to sales (P/S)
1.88
EV/EBIT
54.77
EV/EBITDA
31.77
EV/Sales
2.04
Earnings
Revenue
$1.33B
EBIT
$49.35M
EBITDA
$85.08M
Free cash flow
$48.05M
Per share
EPS
$0.94
Free cash flow per share
$1.75
Book value per share
$19.79
Revenue per share
$48.18
TBVPS
$22.43
Balance sheet
Total assets
$1.02B
Total liabilities
$471.17M
Debt
$250.38M
Equity
$544.73M
Working capital
$78.85M
Liquidity
Debt to equity
0.46
Current ratio
1.47
Quick ratio
1.35
Net debt/EBITDA
2.66
Margins
EBITDA margin
6.4%
Gross margin
42.1%
Net margin
2%
Operating margin
6.1%
Efficiency
Return on assets
2.5%
Return on equity
4.8%
Return on invested capital
7.1%
Return on capital employed
5.8%
Return on sales
3.7%
Dividend
Dividend yield
0.89%
DPS
$0.81
Payout ratio
86.2%

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
-1.66%
1 week
-3.79%
1 month
-4.92%
1 year
90.16%
YTD
18%
QTD
2.09%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$1.33B
Gross profit
$558.69M
Operating income
$80.87M
Net income
$26.54M
Gross margin
42.1%
Net margin
2%
The company's net margin has shrunk by 68% YoY but it rose by 5% QoQ
The net income has plunged by 66% YoY but it has grown by 12% from the previous quarter
The company's operating margin fell by 27% YoY but it rose by 5% QoQ
The company's operating income fell by 23% YoY but it rose by 9% QoQ

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
96.46
P/B
4.58
P/S
1.88
EV/EBIT
54.77
EV/EBITDA
31.77
EV/Sales
2.04
The stock's price to earnings (P/E) is 192% more than its 5-year quarterly average of 33.0 and 60% more than its last 4 quarters average of 60.2
Forward Air's EPS has shrunk by 65% YoY but it has increased by 12% QoQ
The price to book (P/B) is 43% more than the 5-year quarterly average of 3.2 and 35% more than the last 4 quarters average of 3.4
The equity has contracted by 3.7% YoY
The price to sales (P/S) is 25% higher than the 5-year quarterly average of 1.5 and 25% higher than the last 4 quarters average of 1.5
FWRD's revenue is up by 7% year-on-year and by 4.5% since the previous quarter

Efficiency

How efficient is Forward Air business performance
The return on assets has dropped by 68% year-on-year but it rose by 14% since the previous quarter
FWRD's return on equity has dropped by 65% year-on-year but it is up by 12% since the previous quarter
Forward Air's return on sales has shrunk by 56% YoY but it has increased by 6% QoQ
FWRD's return on invested capital has dropped by 54% year-on-year but it is up by 13% since the previous quarter

Dividends

What is FWRD's dividend history
DPS
$0.81
Dividend yield
0.89%
Payout ratio
86.2%
Recent dividends

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 116% higher than its total liabilities
The quick ratio has increased by 17% from the previous quarter but it has decreased by 12% YoY
FWRD's current ratio is down by 13% year-on-year but it is up by 2.8% since the previous quarter
The company's debt is 54% lower than its equity
The company's debt fell by 19% YoY but it rose by 2.9% QoQ
FWRD's debt to equity is down by 16% year-on-year but it is up by 4.5% since the previous quarter

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