NASDAQ · FWRD

Forward Air Corp.

$14.72 -$0.53 (-3.48%) 1D After hours

Key Metrics

$482.28M
Market cap
P/E · TTM
$2.46B
Revenue · TTM
−$91.48M
Net income
EPS · TTM $-3.03
Dividend yield
Free cash flow $38.35M
Beta · 1Y 1.93
EBITDA · TTM $9.80M
Gross margin

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 21
    A material event was filed (Form 8-K).

    8-K - FORWARD AIR CORP (0000912728) (Filer)

    RECEIPT: SEC FORM 8-K, TIMESTAMPED
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 18.6 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • May 19
    From its Feb 9 high, the share price fell 73%.

    Peak close $30.23 on Feb 9; trough close $8.31 on May 19. The drawdown is the fact — the chapters around it are the context.

    RECEIPT: PRICE SERIES, PEAK-TO-TROUGH -73%
  • May 8
    The stock moved -43.0% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, May 8
  • May 4
    The stock moved -24.0% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, May 4

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$482.28M
Enterprise value$2.03B
Shares outstanding31.6M
52-wk range$7.86 – $32.30
Avg volume · 20D496.8K
Net cash −$1.55B
Book value / share$2.68
IndustryArrangement Of Transportation Of Freight & Cargo
ExchangeNASDAQ
About Forward Air Corp.
IPO dateNov 16, 1993
Employees6062

Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E
P/S0.20
P/FCF12.58
EV/EBITDA207.32
EV/Sales0.82
Graham №

Profitability

Gross
Operating -5.8%
Net -3.7%
FCF 1.6%
ROE / ROIC -112.9% · -7.4%

Financial Health

Current ratio1.23
Quick ratio
Debt / equity20.87
Debt / EBITDA 172.49
Net cash −$1.55B
Working capital$100.46M

Cash Flow · TTM

Operating CF $62.51M
Capex −$24.16M
Free cash flow $38.35M
Buybacks
Dividends paid
Shareholder yield

Piotroski F-Score

2 / 9
Weak fundamentals · 2 of 9 signals passing

Altman Z-Score

Insufficient balance-sheet inputs

Graham Number vs Price

Requires positive earnings and book value
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings