Skip to content
Screener

Forward Air FWRD Current ratio

Current ratio at other companies

Old Dominion Freight Line logo
Old Dominion Freight LineODFL
1.9×+0.5×
C.H. Robinson Worldwide logo
C.H. Robinson WorldwideCHRW
1.6×+0.3×
FedEx logo
FedExFDX
1.5×+0.3×
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
1.2×-0.1×
XPO
XPOXPO
0.0×
RXO logo
RXORXO
1.3×-0.1×

Other financials

Income statement

See full
Revenue$673.0M+8.8%
Operating income-$201.3M-1,131%
Net income-$207.3M-1,547%
EPS (diluted)-$6.38-1,456%

Balance sheet

See full
Cash & equivalents$139.4M+46.3%
Total debt$2.1B-2.4%
Total equity-$115.4M-176%
Total assets$2.4B-12.7%

Cash flow

See full
Operating cash flow$45.7M+65.6%
CapEx$3.2M-32.3%
Free cash flow$38.8M+147%

Valuation

See full
Market cap$653.66M-24.8%
Enterprise value$2.62B-10.6%
P/S0.3×-0.1×

Profitability

See full
Gross margin48.7%
Operating margin-6.6%-8.5pp
Net margin-11.4%+21.6pp
FCF margin0.6%+0.3pp

Returns & leverage

See full
Return on equity-77.6%-25.2pp
Debt / equity26.5×+12.6×

Where this comes from

Calculated from Forward Air’s reported figures.

Based on the most recent quarter.

The source filing: Forward Air’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053329

FAQ

What is Forward Air's current ratio?
Forward Air (FWRD) reported current ratio of 1.3× in Q2 2026.
How has Forward Air's current ratio changed year-over-year?
Forward Air's current ratio increased by 10.4% year-over-year, from 1.2× to 1.3×.
What is the long-term trend for Forward Air's current ratio?
Over 5 years (2020 to 2025), Forward Air's current ratio has grown at a -3.2% compound annual growth rate (CAGR), from 1.4× to 1.2×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Ask your AI about Forward Air's current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude