Forward Air Statistics
Total Valuation
Forward Air has a market cap or net worth of $475.20 million. The enterprise value is $2.52 billion.
Important Dates
The next confirmed earnings date is Wednesday, May 7, 2025, after market close.
| Earnings Date | May 7, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Forward Air has 30.40 million shares outstanding. The number of shares has increased by 5.91% in one year.
| Current Share Class | 30.40M |
| Shares Outstanding | 30.40M |
| Shares Change (YoY) | +5.91% |
| Shares Change (QoQ) | +5.11% |
| Owned by Insiders (%) | 1.83% |
| Owned by Institutions (%) | 84.22% |
| Float | 22.45M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.17 |
| Forward PS | 0.17 |
| PB Ratio | 2.31 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.02 |
| EV / EBITDA | 13.42 |
| EV / EBIT | 53.62 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 7.51.
| Current Ratio | 1.23 |
| Quick Ratio | 1.11 |
| Debt / Equity | 7.51 |
| Debt / EBITDA | 2.84 |
| Debt / FCF | n/a |
| Interest Coverage | 0.25 |
Financial Efficiency
Return on equity (ROE) is -214.23% and return on invested capital (ROIC) is 1.14%.
| Return on Equity (ROE) | -214.23% |
| Return on Assets (ROA) | 1.01% |
| Return on Invested Capital (ROIC) | 1.14% |
| Return on Capital Employed (ROCE) | 1.94% |
| Revenue Per Employee | $375,685 |
| Profits Per Employee | -$124,046 |
| Employee Count | 6,586 |
| Asset Turnover | 0.86 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -124.99M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -41.87% in the last 52 weeks. The beta is 1.11, so Forward Air's price volatility has been higher than the market average.
| Beta (5Y) | 1.11 |
| 52-Week Price Change | -41.87% |
| 50-Day Moving Average | 21.74 |
| 200-Day Moving Average | 29.39 |
| Relative Strength Index (RSI) | 42.45 |
| Average Volume (20 Days) | 943,903 |
Short Selling Information
The latest short interest is 3.69 million, so 12.13% of the outstanding shares have been sold short.
| Short Interest | 3.69M |
| Short Previous Month | 3.73M |
| Short % of Shares Out | 12.13% |
| Short % of Float | 16.43% |
| Short Ratio (days to cover) | 5.14 |
Income Statement
In the last 12 months, Forward Air had revenue of $2.47 billion and -$816.97 million in losses. Loss per share was -$30.63.
| Revenue | 2.47B |
| Gross Profit | 483.63M |
| Operating Income | 46.93M |
| Pretax Income | -795.03M |
| Net Income | -816.97M |
| EBITDA | 187.53M |
| EBIT | 46.93M |
| Loss Per Share | -$30.63 |
Full Income StatementBalance Sheet
The company has $104.90 million in cash and $2.15 billion in debt, giving a net cash position of -$2.04 billion or -$67.13 per share.
| Cash & Cash Equivalents | 104.90M |
| Total Debt | 2.15B |
| Net Cash | -2.04B |
| Net Cash Per Share | -$67.13 |
| Equity (Book Value) | 285.87M |
| Book Value Per Share | 6.78 |
| Working Capital | 88.45M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$75.40 million and capital expenditures -$37.06 million, giving a free cash flow of -$112.46 million.
| Operating Cash Flow | -75.40M |
| Capital Expenditures | -37.06M |
| Free Cash Flow | -112.46M |
| FCF Per Share | -$3.70 |
Full Cash Flow StatementMargins
Gross margin is 19.55%, with operating and profit margins of 1.90% and -33.02%.
| Gross Margin | 19.55% |
| Operating Margin | 1.90% |
| Pretax Margin | -50.51% |
| Profit Margin | -33.02% |
| EBITDA Margin | 7.58% |
| EBIT Margin | 1.90% |
| FCF Margin | n/a |
Dividends & Yields
Forward Air does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -5.91% |
| Shareholder Yield | n/a |
| Earnings Yield | -171.92% |
| FCF Yield | -23.67% |
Dividend DetailsAnalyst Forecast
The average price target for Forward Air is $27.33, which is 86.43% higher than the current price. The consensus rating is "Hold".
| Price Target | $27.33 |
| Price Target Difference | 86.43% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on April 4, 2005. It was a forward split with a ratio of 1.5:1.
| Last Split Date | Apr 4, 2005 |
| Split Type | Forward |
| Split Ratio | 1.5:1 |
Scores
Forward Air has an Altman Z-Score of 1.01 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.01 |
| Piotroski F-Score | 4 |