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FWRD Forward Air Corp

Price (delayed)

$16.78

Market cap

$510.5M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$29.5

Enterprise value

$2.55B

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
FWRD's revenue has soared by 64% year-on-year and by 2.9% since the previous quarter
The gross profit has grown by 48% YoY and by 3.3% from the previous quarter
The equity has plunged by 83% YoY and by 23% from the previous quarter
The quick ratio has decreased by 13% YoY and by 7% from the previous quarter

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
30.42M
Market cap
$510.5M
Enterprise value
$2.55B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
3.3
Price to sales (P/S)
0.2
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1
Earnings
Revenue
$2.55B
Gross profit
$1.05B
Operating income
-$992.44M
Net income
-$805.89M
EBIT
-$698.94M
EBITDA
-$549.39M
Free cash flow
-$28.7M
Per share
EPS
-$29.5
EPS diluted
-$29.5
Free cash flow per share
-$0.94
Book value per share
$5.09
Revenue per share
$83.73
TBVPS
$42.92
Balance sheet
Total assets
$2.8B
Total liabilities
$2.58B
Debt
$2.15B
Equity
$154.63M
Working capital
$55.1M
Liquidity
Debt to equity
13.92
Current ratio
1.13
Quick ratio
1.03
Net debt/EBITDA
-3.71
Margins
EBITDA margin
-21.6%
Gross margin
41.4%
Net margin
-31.7%
Operating margin
-39%
Efficiency
Return on assets
-27.5%
Return on equity
-372.1%
Return on invested capital
-24.4%
Return on capital employed
-29.5%
Return on sales
-27.5%
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
-1.58%
1 week
-0.06%
1 month
13.99%
1 year
0.24%
YTD
-47.97%
QTD
-16.48%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$2.55B
Gross profit
$1.05B
Operating income
-$992.44M
Net income
-$805.89M
Gross margin
41.4%
Net margin
-31.7%

FWRD financials

FWRD's revenue has soared by 64% year-on-year and by 2.9% since the previous quarter
The gross profit has grown by 48% YoY and by 3.3% from the previous quarter
The gross margin has decreased by 10% YoY
The company's operating margin rose by 9% QoQ

Price vs fundamentals

How does FWRD's price correlate with its fundamentals

FWRD Price vs fundamentals

FWRD Earnings waterfall

FWRD Price vs fair value

Growth

What is Forward Air's growth rate over time

FWRD growth chart

Valuation

What is Forward Air stock price valuation
P/E
N/A
P/B
3.3
P/S
0.2
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1

Valuation vs average

Price to earnings (P/E)

Forward Air's EPS has increased by 3.7% QoQ

Price to book (P/B)

The equity has plunged by 83% YoY and by 23% from the previous quarter
The price to book (P/B) is 11% less than the last 4 quarters average of 3.7 and 8% less than the 5-year quarterly average of 3.6

Price to sales (P/S)

The price to sales (P/S) is 85% lower than the 5-year quarterly average of 1.3 and 33% lower than the last 4 quarters average of 0.3
FWRD's revenue has soared by 64% year-on-year and by 2.9% since the previous quarter

Efficiency

How efficient is Forward Air business performance
FWRD's return on equity has dropped by 87% since the previous quarter
Forward Air's return on sales has increased by 10% QoQ
FWRD's return on invested capital is up by 8% since the previous quarter
The return on assets has declined by 8% since the previous quarter

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

Assets vs liabilities

Forward Air's total assets is 9% higher than its total liabilities
Forward Air's total assets has decreased by 29% YoY
The quick ratio has decreased by 13% YoY and by 7% from the previous quarter

Debt vs equity

The equity has plunged by 83% YoY and by 23% from the previous quarter
FWRD's debt to equity is up by 31% since the previous quarter

Balance sheet

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