Subject of the day
FWRD
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. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was incorporated in 1981 and is headquartered in Dallas, Texas.
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $2.50B | +11.7% | |
| Operating income | $88.21M | +3.6% | |
| Net income | -$107.80M | +14.8% | |
| Cash from ops | $152.55M | +12.2% |
$20.20
▲ +0.71 (+3.6%)
| 52w hi | $31.76 |
|---|---|
| 52w lo | $8.31 |
| Vol | 504.16K |
| As of | Aug 13 |
Our score -0.37
| Short | -0.08 |
|---|---|
| Medium | -0.38 |
| Long | -0.93 |
computed 2026-08-13
Forward Air Corporation
Industrials · Integrated Freight & Logistics
| Market cap | $682.37M |
|---|---|
| Enterprise value | $2.62B |
| Trailing P/E | — |
| Forward P/E | 46.98x |
| EV / EBITDA | 9.30x |
| P / S (ttm) | 0.27x |
| Profit margin | -11.4% |
| Return on equity | -735.7% |
| Revenue growth | +8.8% |
| Earnings growth | — |
| Debt / equity | — |
| Beta vs SPX | 2.20 |
|---|---|
| Corr SPX | 0.44 |
| Annual vol | 81.0% |
| Annual ret | +19.8% |
| Sharpe | 0.24 |
| Max DD | -79.3% |
Window: 504 trading days (504 obs)
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.19 | |
| Sector | +0.07 | |
| Technical | -0.07 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-08-13
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 13 | $19.89 | $20.57 | $19.84 | $20.20 | 504.16K |
| Aug 12 | $18.84 | $19.80 | $18.80 | $19.49 | 631.50K |
| Aug 11 | $18.79 | $19.50 | $18.46 | $18.60 | 422.10K |
| Aug 10 | $19.04 | $19.41 | $18.66 | $18.77 | 521.60K |
| Aug 7 | $18.13 | $19.99 | $18.01 | $19.35 | 1.20M |