FWRD Forward Air Corp

Price (delayed)

$85.77

Market cap

$2.36B

P/E Ratio

45.87

Dividend/share

$0.75

EPS

$1.87

Enterprise value

$2.55B

Sector: Industrials
Industry: Integrated Freight & Logistics

Highlights

The company's debt fell by 11% QoQ
FWRD's revenue is up by 3.3% year-on-year
The stock's price to earnings (P/E) is 90% more than its last 4 quarters average of 24.1 and 76% more than its 5-year quarterly average of 26.1
The net income has contracted by 42% YoY and by 10% from the previous quarter

Key stats

What are the main financial stats of FWRD
Market
Shares outstanding
27.51M
Market cap
$2.36B
Enterprise value
$2.55B
Valuations
Price to earnings (P/E)
45.87
Price to book (P/B)
4.35
Price to sales (P/S)
1.79
EV/EBIT
33.76
EV/EBITDA
22.46
EV/Sales
1.91
Earnings
Revenue
$1.34B
EBIT
$75.56M
EBITDA
$113.55M
Free cash flow
$98.75M
Per share
EPS
$1.87
Free cash flow per share
$3.53
Book value per share
$19.73
Revenue per share
$47.81
TBVPS
$23.67
Balance sheet
Total assets
$1.05B
Total liabilities
$496.01M
Debt
$234.4M
Equity
$552.2M
Working capital
$77.91M
Liquidity
Debt to equity
0.42
Current ratio
1.5
Quick ratio
1.25
Net debt/EBITDA
1.69
Margins
EBITDA margin
8.5%
Gross margin
44%
Net margin
3.9%
Operating margin
6.1%
Efficiency
Return on assets
5%
Return on equity
9.3%
Return on invested capital
10.8%
Return on capital employed
8.5%
Return on sales
5.6%
Dividend
Dividend yield
0.87%
DPS
$0.75
Payout ratio
40.1%

FWRD stock price

How has the Forward Air stock price performed over time
Intraday
0.14%
1 week
-0.53%
1 month
8.96%
1 year
41.42%
YTD
11.62%
QTD
11.62%

Financial performance

How have Forward Air's revenue and profit performed over time
Revenue
$1.34B
Gross profit
$588.75M
Operating income
$81.98M
Net income
$52.34M
Gross margin
44%
Net margin
3.9%
The company's net margin fell by 44% YoY and by 11% QoQ
The net income has contracted by 42% YoY and by 10% from the previous quarter
The company's operating margin fell by 33% YoY and by 8% QoQ
The company's operating income fell by 31% YoY and by 6% QoQ

Growth

What is Forward Air's growth rate over time

Valuation

What is Forward Air stock price valuation
P/E
45.87
P/B
4.35
P/S
1.79
EV/EBIT
33.76
EV/EBITDA
22.46
EV/Sales
1.91
The stock's price to earnings (P/E) is 90% more than its last 4 quarters average of 24.1 and 76% more than its 5-year quarterly average of 26.1
Forward Air's EPS has decreased by 41% YoY and by 9% QoQ
The price to book (P/B) is 55% more than the last 4 quarters average of 2.8 and 45% more than the 5-year quarterly average of 3.0
The equity has contracted by 2.5% from the previous quarter
The price to sales (P/S) is 49% higher than the last 4 quarters average of 1.2 and 38% higher than the 5-year quarterly average of 1.3
FWRD's revenue is up by 3.3% year-on-year

Efficiency

How efficient is Forward Air business performance
The return on assets has dropped by 51% year-on-year and by 11% since the previous quarter
FWRD's return on invested capital is down by 48% year-on-year and by 9% since the previous quarter
FWRD's return on equity is down by 43% year-on-year and by 9% since the previous quarter
Forward Air's return on sales has decreased by 40% YoY and by 11% QoQ

Dividends

What is FWRD's dividend history
DPS
$0.75
Dividend yield
0.87%
Payout ratio
40.1%
Recent dividends

Financial health

How did Forward Air financials performed over time
Forward Air's total assets is 111% higher than its total liabilities
The company's total liabilities rose by 18% YoY but it fell by 2% QoQ
The quick ratio has decreased by 13% from the previous quarter and by 9% YoY
The company's debt is 58% lower than its equity

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