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Forward Air FWRD Price / earnings

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$653.66M-27.1%
Enterprise value$2.62B-11.3%
P/S0.3×-0.1×

Profitability

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

Returns & leverage

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Return on equity-77.6%-25.2pp
Debt / equity26.5×+12.6×
Current ratio1.3×+0.1×

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 May 7, 2025. Open the filing →

Filed
May 7, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0001628280-25-023268

FAQ

What is Forward Air's price / earnings?
Forward Air (FWRD) reported price / earnings of 11.8× in Q1 2024.
How has Forward Air's price / earnings changed year-over-year?
Forward Air's price / earnings decreased by 21.3% year-over-year, from 15.1× to 11.8×.
What is the long-term trend for Forward Air's price / earnings?
Over 3 years (2020 to 2023), Forward Air's price / earnings has grown at a -52.0% compound annual growth rate (CAGR), from 87.3× to 9.6×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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