Forward Air Corporation (FWRD)

Forward Air Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Year Ending	Current	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	668	1,613	2,789	3,264	2,114	1,971
Market Cap Growth	-71.10%	-42.15%	-14.56%	54.44%	7.26%	23.03%
Enterprise Value	2,563	3,398	3,010	3,547	2,317	2,085
PE Ratio	11.38	9.64	14.44	30.84	89.06	22.63
PS Ratio	0.45	1.18	1.66	2.35	1.67	1.62
PB Ratio	0.72	2.11	3.94	5.50	3.86	3.41
P/FCF Ratio	17.79	10.45	12.55	38.62	31.64	14.11
P/OCF Ratio	10.49	8.89	10.76	27.14	24.97	12.39
EV/Sales Ratio	1.73	2.48	1.79	2.56	1.82	1.72
EV/EBITDA Ratio	12.91	12.58	9.90	19.60	28.25	13.58
EV/EBIT Ratio	20.85	15.97	11.52	24.29	51.61	17.79
EV/FCF Ratio	68.26	22.00	13.55	41.96	34.68	14.93
Debt / Equity Ratio	2.23	2.55	0.38	0.54	0.44	0.31
Debt / EBITDA Ratio	10.41	7.20	0.88	1.77	2.97	1.17
Debt / FCF Ratio	55.06	12.60	1.20	3.79	3.64	1.28
Quick Ratio	1.18	1.35	1.38	1.54	1.15	1.47
Current Ratio	1.28	1.46	1.80	1.72	1.43	1.72
Asset Turnover	0.64	0.83	1.41	1.30	1.20	1.28
Interest Coverage	1.76	6.74	50.87	33.66	9.84	43.23
Return on Equity (ROE)	9.10%	24.00%	29.00%	18.90%	4.30%	15.50%
Return on Assets (ROA)	3.00%	10.20%	16.20%	9.90%	2.20%	9.20%
Return on Capital (ROIC)	-1.22%	3.01%	19.17%	12.02%	5.50%	11.31%
Earnings Yield	10.37%	10.37%	6.93%	3.24%	1.12%	4.42%
FCF Yield	5.62%	9.57%	7.97%	2.59%	3.16%	7.09%
Dividend Yield	1.90%	1.50%	0.90%	0.70%	1.00%	1.00%
Payout Ratio	21.62%	15.00%	13.40%	21.70%	89.30%	23.50%
Buyback Yield / Dilution	-0.12%	3.49%	1.37%	2.00%	2.36%	3.53%
Total Shareholder Return	1.78%	4.99%	2.27%	2.70%	3.36%	4.53%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).