FWRD Forward Air PE ratio, current and historical analysis
The current P/E ratio of FWRD cannot be calculated, as the latest EPS of -$25.02 is negative. The last recorded PE ratio for Forward Air was 13.77 in March 2024.
FWRD PE ratio history
The average historical PE ratio of Forward Air for the last ten years is 28.17. Analyzing the last ten years, FWRD's PE ratio reached its highest point in the Mar 2021 quarter at 94.48, when the price was $88.81 and the EPS was $0.94. The lowest point was recorded in the Dec 2023 quarter, when it reached 9.79 with a price of $62.87 and an EPS of $6.42.
Forward Air PE ratio by year
Maximum annual increase: 300.17% in 2020
Maximum annual decrease: -65.8% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.79 | -33.08% |
| 2022 | 14.63 | -53.24% |
| 2021 | 31.29 | -65.8% |
| 2020 | 91.48 | 300.17% |
| 2019 | 22.86 | 30.85% |
| 2018 | 17.47 | -11.81% |
| 2017 | 19.81 | -62.37% |
| 2016 | 52.64 | 120.34% |
| 2015 | 23.89 | -5.61% |
| 2014 | 25.31 | 4.33% |
FWRD average PE ratio chart
FWRD PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARCB Arcbest Corp | 11.48 | $2.2B |
| FDX Fedex Corp | 16.85 | $67.37B |
| EXPD Expeditors International Of Washington Inc | 21.65 | $15.6B |
| ODFL Old Dominion Freight Line Inc | 31.54 | $38.72B |
| SAIA Saia Inc | 33.69 | $12.59B |
| FWRD Forward Air Corp | N/A | $837.65M |
Frequently asked questions
What is Forward Air's PE ratio?
The current price to earnings ratio of FWRD cannot be determined, as its EPS of -$25.02 is negative.
What is the 3-year average PE ratio for Forward Air (FWRD)?
The 3-year average PE ratio for FWRD stock is 16.79.
What is the 5-year average PE ratio for Forward Air (FWRD)?
The 5-year average PE ratio for FWRD stock is 29.66.
What is the highest PE ratio for FWRD?
Over the last ten years, the quarterly PE ratio reached its highest level at 94.48 in the Mar 2021 quarter.
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.