FWRD Forward Air Corp

  1. Stocks
  2. Industrials
  3. NASDAQ: FWRD

Price (delayed)

$91.27

Market cap

$2.45B

P/E Ratio

18.11

Dividend/share

$0.9

EPS

$5.04

Enterprise value

$2.71B

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 49% less than its last 4 quarters average of 33.6 and 45% less than its 5-year quarterly average of 31.2
The gross profit has grown by 42% YoY and by 8% from the previous quarter
The company's debt rose by 29% YoY
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
26.86M
Market cap
$2.45B
Enterprise value
$2.71B
Valuations
Price to earnings (P/E)
18.11
Price to book (P/B)
4.02
Price to sales (P/S)
1.39
EV/EBIT
14.34
EV/EBITDA
11.77
EV/Sales
1.54
Earnings
Revenue
$1.77B
EBIT
$189.23M
EBITDA
$230.67M
Free cash flow
$128.9M
Per share
EPS
$5.04
Free cash flow per share
$4.78
Book value per share
$22.71
Revenue per share
$65.59
TBVPS
$27.86
Balance sheet
Total assets
$1.17B
Total liabilities
$555.04M
Debt
$324.23M
Equity
$611.77M
Working capital
$137.31M
Liquidity
Debt to equity
0.53
Current ratio
1.73
Quick ratio
1.61
Net debt/EBITDA
1.14
Margins
EBITDA margin
13.1%
Gross margin
44.8%
Net margin
7.8%
Operating margin
11%
Efficiency
Return on assets
12.4%
Return on equity
23.8%
Return on invested capital
23.8%
Return on capital employed
19.3%
Return on sales
10.7%
Dividend
Dividend yield
0.99%
DPS
$0.9
Payout ratio
17.9%

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
5.75%
1 week
6.71%
1 month
-1.68%
1 year
-1.64%
YTD
-24.63%
QTD
-6.66%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$1.77B
Gross profit
$791.56M
Operating income
$193.93M
Net income
$137.36M
Gross margin
44.8%
Net margin
7.8%
The company's operating income has surged by 140% YoY and by 22% QoQ
The company's operating margin has surged by 80% YoY and by 15% QoQ
The gross profit has grown by 42% YoY and by 8% from the previous quarter
FWRD's revenue is up by 33% year-on-year and by 6% since the previous quarter

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
18.11
P/B
4.02
P/S
1.39
EV/EBIT
14.34
EV/EBITDA
11.77
EV/Sales
1.54
The stock's price to earnings (P/E) is 49% less than its last 4 quarters average of 33.6 and 45% less than its 5-year quarterly average of 31.2
Forward Air's EPS has increased by 30% QoQ
The price to book (P/B) is 17% less than the last 4 quarters average of 4.6 but 9% more than the 5-year quarterly average of 3.5
The equity has grown by 12% YoY and by 3.1% from the previous quarter
FWRD's revenue is up by 33% year-on-year and by 6% since the previous quarter
The price to sales (P/S) is 18% lower than the last 4 quarters average of 1.6 and 12% lower than the 5-year quarterly average of 1.5

Efficiency

How efficient is Forward Air business performance
Forward Air's return on sales has surged by 189% YoY and by 19% QoQ
FWRD's return on equity is up by 26% since the previous quarter
The return on assets rose by 25% since the previous quarter
FWRD's return on invested capital is up by 21% since the previous quarter

Dividends

What is FWRD's dividend history
Dividend details
DPS
$0.9
Dividend yield
0.99%
Payout ratio
17.9%
Recent dividends

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 110% higher than its total liabilities
The quick ratio has increased by 19% YoY and by 4.5% from the previous quarter
The company's total liabilities rose by 18% YoY and by 6% QoQ
The company's debt is 47% lower than its equity
The company's debt rose by 29% YoY
FWRD's debt to equity is up by 15% year-on-year

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