Forward Air Corp
Research Forward Air Corp (FWRD) on Bullrun: market cap USD 587.34M. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFWRD
- ExchangeNASDAQ
- CountryUnited States
- SectorIndustrials
- IndustryIntegrated Freight & Logistics
- CurrencyUSD
- Market capUSD 587.34M
- Financial periodQ2 2026
- RevenueUSD 673.04M
- Net income-USD 207.30M
- Free cash flow-USD 8.10M
- Gross margin16.6%
Valuation Snapshot
latest market cap is USD 587.34M.
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 2.50B | -USD 104.00M | USD 15.27M | 13.6% | -3.51 | USD 106.00M | USD 1.69B | USD 113.34M |
| FY2024 | USD 2.47B | -USD 820.00M | -USD 106.08M | 13.7% | -30.63 | USD 104.90M | USD 1.68B | USD 201.73M |
| FY2023 | USD 1.37B | USD 167.00M | USD 168.49M | n/a | 6.4 | USD 121.97M | USD 0 | USD 764.26M |
| FY2022 | USD 1.68B | USD 193.00M | USD 210.91M | n/a | 7.14 | USD 45.82M | USD 108.08M | USD 707.24M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 587.34M | n/a | n/a | n/a |
| 2025 | 2025-12-31 | USD 783.17M | n/a | n/a | n/a |
| 2024 | 2024-12-31 | USD 959.80M | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 1.61B | 15.4 | 1.5% | 0.96 |
| 2022 | 2022-12-30 | USD 2.79B | 14.9 | 0.9% | 0.96 |
| 2021 | 2021-12-31 | USD 3.27B | 31.4 | 0.7% | 0.84 |
Dividend history
| Year | Dividends/share |
|---|---|
| FY2023 | 0.96 USD |
| FY2022 | 0.96 USD |
About Forward Air Corp
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services;
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Frequently asked questions
What is Forward Air Corp's market cap?
Forward Air Corp's market capitalization is USD 587.34M.
What does Forward Air Corp do?
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.