FWRD Forward Air Corp

Price (delayed)

$29.15

Market cap

$897.58M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$6.44

Enterprise value

$2.97B

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
Forward Air's EPS has surged by 79% QoQ and by 73% YoY
The net income has soared by 79% from the previous quarter and by 71% YoY
The quick ratio has increased by 6% from the previous quarter but it has decreased by 3.5% YoY
The equity has contracted by 47% YoY
The gross margin has decreased by 6% YoY

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
30.79M
Market cap
$897.58M
Enterprise value
$2.97B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
5.84
Price to sales (P/S)
0.35
EV/EBIT
32.88
EV/EBITDA
13.01
EV/Sales
1.18
Earnings
Revenue
$2.52B
Gross profit
$1.04B
Operating income
$122.84M
Net income
-$173.04M
EBIT
$90.17M
EBITDA
$227.89M
Free cash flow
$18.1M
Per share
EPS
-$6.44
EPS diluted
-$6.44
Free cash flow per share
$0.59
Book value per share
$4.99
Revenue per share
$82.86
TBVPS
$42.26
Balance sheet
Total assets
$2.76B
Total liabilities
$2.54B
Debt
$2.16B
Equity
$151.79M
Working capital
$77.92M
Liquidity
Debt to equity
14.25
Current ratio
1.2
Quick ratio
1.09
Net debt/EBITDA
9.07
Margins
EBITDA margin
9%
Gross margin
41.4%
Net margin
-6.9%
Operating margin
4.9%
Efficiency
Return on assets
-6.1%
Return on equity
-94.3%
Return on invested capital
3.1%
Return on capital employed
3.8%
Return on sales
3.6%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
0.1%
1 week
-2.48%
1 month
6.5%
1 year
14.49%
YTD
-9.61%
QTD
18.79%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$2.52B
Gross profit
$1.04B
Operating income
$122.84M
Net income
-$173.04M
Gross margin
41.4%
Net margin
-6.9%
The company's operating margin has surged by 113% QoQ and by 108% YoY
The company's operating income has surged by 112% QoQ and by 111% YoY
The net income has soared by 79% from the previous quarter and by 71% YoY
The company's net margin has surged by 78% YoY and by 78% QoQ

Price vs fundamentals

How does FWRD's price correlate with its fundamentals

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
N/A
P/B
5.84
P/S
0.35
EV/EBIT
32.88
EV/EBITDA
13.01
EV/Sales
1.18
Forward Air's EPS has surged by 79% QoQ and by 73% YoY
The price to book (P/B) is 58% more than the 5-year quarterly average of 3.7 and 30% more than the last 4 quarters average of 4.5
The equity has contracted by 47% YoY
The price to sales (P/S) is 73% lower than the 5-year quarterly average of 1.3 but 17% higher than the last 4 quarters average of 0.3
FWRD's revenue is up by 35% year-on-year

Efficiency

How efficient is Forward Air business performance
Forward Air's return on sales has surged by 113% QoQ and by 110% YoY
FWRD's return on invested capital has surged by 113% since the previous quarter and by 112% year-on-year
The return on assets has surged by 78% since the previous quarter and by 71% year-on-year
FWRD's return on equity has surged by 75% since the previous quarter but it is down by 4.4% year-on-year

Dividends

What is FWRD's dividend history
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
Dividend history

Special dividends are included in TTM DPS and yield

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 8% higher than its total liabilities
Forward Air's total assets has decreased by 10% YoY
FWRD's current ratio is down by 10% year-on-year but it is up by 6% since the previous quarter
FWRD's debt to equity has surged by 96% year-on-year and by 2.4% since the previous quarter
The equity has contracted by 47% YoY

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