Forward Air Statistics
Total Valuation
Forward Air has a market cap or net worth of $489.81 million. The enterprise value is $2.54 billion.
Important Dates
The last earnings date was Wednesday, May 7, 2025, after market close.
Earnings Date | May 7, 2025 |
Ex-Dividend Date | n/a |
Share Statistics
Forward Air has 30.42 million shares outstanding. The number of shares has increased by 10.01% in one year.
Current Share Class | 30.42M |
Shares Outstanding | 30.42M |
Shares Change (YoY) | +10.01% |
Shares Change (QoQ) | +2.81% |
Owned by Insiders (%) | 1.83% |
Owned by Institutions (%) | 83.76% |
Float | 22.39M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 0.19 |
Forward PS | 0.18 |
PB Ratio | 3.40 |
P/TBV Ratio | n/a |
P/FCF Ratio | n/a |
P/OCF Ratio | 128.79 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 1.00 |
EV / EBITDA | 11.80 |
EV / EBIT | 36.63 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 9.48.
Current Ratio | 1.13 |
Quick Ratio | 1.03 |
Debt / Equity | 9.48 |
Debt / EBITDA | 2.72 |
Debt / FCF | n/a |
Interest Coverage | 0.36 |
Financial Efficiency
Return on equity (ROE) is -140.72% and return on invested capital (ROIC) is 1.50%.
Return on Equity (ROE) | -140.72% |
Return on Assets (ROA) | 1.28% |
Return on Invested Capital (ROIC) | 1.50% |
Return on Capital Employed (ROCE) | 2.93% |
Revenue Per Employee | $386,537 |
Profits Per Employee | -$120,563 |
Employee Count | 6,586 |
Asset Turnover | 0.75 |
Inventory Turnover | n/a |
Taxes
Income Tax | -87.05M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -23.99% in the last 52 weeks. The beta is 1.24, so Forward Air's price volatility has been higher than the market average.
Beta (5Y) | 1.24 |
52-Week Price Change | -23.99% |
50-Day Moving Average | 17.64 |
200-Day Moving Average | 28.91 |
Relative Strength Index (RSI) | 48.47 |
Average Volume (20 Days) | 731,464 |
Short Selling Information
The latest short interest is 4.29 million, so 14.12% of the outstanding shares have been sold short.
Short Interest | 4.29M |
Short Previous Month | 3.69M |
Short % of Shares Out | 14.12% |
Short % of Float | 19.18% |
Short Ratio (days to cover) | 4.58 |
Income Statement
In the last 12 months, Forward Air had revenue of $2.55 billion and -$794.03 million in losses. Loss per share was -$28.76.
Revenue | 2.55B |
Gross Profit | 504.41M |
Operating Income | 69.43M |
Pretax Income | -795.03M |
Net Income | -794.03M |
EBITDA | 215.60M |
EBIT | 69.43M |
Loss Per Share | -$28.76 |
Full Income Statement Balance Sheet
The company has $116.31 million in cash and $2.15 billion in debt, giving a net cash position of -$2.04 billion or -$66.94 per share.
Cash & Cash Equivalents | 116.31M |
Total Debt | 2.15B |
Net Cash | -2.04B |
Net Cash Per Share | -$66.94 |
Equity (Book Value) | 227.01M |
Book Value Per Share | 5.08 |
Working Capital | 55.10M |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was $3.93 million and capital expenditures -$44.00 million, giving a free cash flow of -$40.06 million.
Operating Cash Flow | 3.93M |
Capital Expenditures | -44.00M |
Free Cash Flow | -40.06M |
FCF Per Share | -$1.32 |
Full Cash Flow Statement Margins
Gross margin is 19.81%, with operating and profit margins of 2.73% and -31.66%.
Gross Margin | 19.81% |
Operating Margin | 2.73% |
Pretax Margin | -46.52% |
Profit Margin | -31.66% |
EBITDA Margin | 8.47% |
EBIT Margin | 2.73% |
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 | -10.01% |
Shareholder Yield | -10.01% |
Earnings Yield | -156.80% |
FCF Yield | -7.91% |
Dividend Details Analyst Forecast
The average price target for Forward Air is $27.33, which is 69.75% higher than the current price. The consensus rating is "Hold".
Price Target | $27.33 |
Price Target Difference | 69.75% |
Analyst Consensus | Hold |
Analyst Count | 5 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Stock 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 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1 |
Piotroski F-Score | 4 |