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Forward Air Corporation (FWRD)

Forward Air Corporation at a glance — key fundamentals, SEC filings, insider buying and selling, and earnings dates.

Forward Air Corporation (FWRD) is a Integrated Freight & Logistics company based in US with a market capitalization of $337.9M. Revenue grew 0.8% year-over-year and the company generated $15.3M in free cash flow. This page tracks FWRD's SEC filings, insider buying and selling, earnings dates, and key fundamentals in one place.

US · 6.32K employees · IPO Nov 16, 1993

Valuation

Valuation & price

$8.76 · as of May 17, 2026 · -72.9% vs 52w high

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P/E ratio

Latest-FY diluted EPS

2.98

P/B ratio

Market cap ÷ book equity

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Dividend yield

Price — last 12 months

$32.11$20.27$8.43Jul 25Dec 25Jul 26Jul 7, 25$26.81Jul 9, 25$27.65Jul 11, 25$27.37Jul 15, 25$27.27Jul 17, 25$27.30Jul 21, 25$27.06Jul 23, 25$30.45Jul 25, 25$32.11Jul 29, 25$31.03Jul 31, 25$30.39Aug 4, 25$29.46Aug 6, 25$29.89Aug 11, 25$28.57Aug 13, 25$28.99Aug 15, 25$29.77Aug 19, 25$28.54Aug 21, 25$27.90Aug 25, 25$29.78Aug 27, 25$31.76Aug 29, 25$30.03Sep 3, 25$29.99Sep 5, 25$29.74Sep 9, 25$29.75Sep 11, 25$29.89Sep 16, 25$29.25Sep 18, 25$26.84Sep 22, 25$27.78Sep 24, 25$27.72Sep 26, 25$26.73Sep 30, 25$25.64Oct 2, 25$23.90Oct 6, 25$23.75Oct 8, 25$24.38Oct 10, 25$22.59Oct 14, 25$21.19Oct 16, 25$20.82Oct 21, 25$20.48Oct 23, 25$18.96Oct 27, 25$19.78Oct 29, 25$19.24Oct 31, 25$18.81Nov 4, 25$18.14Nov 6, 25$20.90Nov 10, 25$21.56Nov 12, 25$22.37Nov 14, 25$21.18Nov 18, 25$21.05Nov 20, 25$19.74Nov 25, 25$21.92Nov 28, 25$22.97Dec 2, 25$25.01Dec 4, 25$25.56Dec 8, 25$25.53Dec 10, 25$26.00Dec 12, 25$25.47Dec 16, 25$25.67Dec 18, 25$25.17Dec 22, 25$24.98Dec 24, 25$25.45Dec 29, 25$25.53Jan 2, 26$25.13Jan 6, 26$25.90Jan 8, 26$26.25Jan 12, 26$27.44Jan 14, 26$28.23Jan 16, 26$28.58Jan 21, 26$28.57Jan 23, 26$27.79Jan 27, 26$27.89Jan 29, 26$27.61Feb 2, 26$28.98Feb 4, 26$29.75Feb 9, 26$30.23Feb 11, 26$29.72Feb 13, 26$26.81Feb 18, 26$27.60Feb 20, 26$27.82Feb 24, 26$26.43Feb 26, 26$25.77Mar 2, 26$25.43Mar 4, 26$24.61Mar 6, 26$21.94Mar 10, 26$22.04Mar 12, 26$16.57Mar 17, 26$16.45Mar 19, 26$15.51Mar 23, 26$16.00Mar 25, 26$16.61Mar 27, 26$16.24Mar 31, 26$16.71Apr 2, 26$17.41Apr 7, 26$17.47Apr 9, 26$18.87Apr 13, 26$19.31Apr 15, 26$19.19Apr 17, 26$22.18Apr 22, 26$22.75Apr 24, 26$23.44Apr 28, 26$22.41Apr 30, 26$21.06May 4, 26$16.22May 6, 26$18.36May 8, 26$9.87May 12, 26$9.19May 14, 26$9.40May 18, 26$8.50May 20, 26$8.43May 22, 26$8.80May 28, 26$10.36Jun 1, 26$10.46Jun 3, 26$9.67Jun 5, 26$10.36Jun 9, 26$11.63Jun 11, 26$12.57Jun 15, 26$13.58Jun 17, 26$13.56Jun 22, 26$13.71Jun 24, 26$13.39Jun 26, 26$14.87Jul 2, 26$13.45
$8.3152-week range$32.27
Loading valuation history…

Fundamentals

Key fundamentals

$337.9M

Market cap

0.8%

Revenue growth (YoY)

20.5%

Gross margin

$15.3M

Free cash flow (USD)

$2.1B

Net debt

12.5%

Share dilution

1/5

Graham criteria passed

Defensive-investor screen

Industrials

Sector

Trajectory

Long-term trends

Revenue by year

2016 → 2025

FY 2016$982.5MFY 2017$1.1BFY 2018$1.3BFY 2019$1.2BFY 2020$1.3BFY 2021$1.4BFY 2022$1.7BFY 2023$1.4BFY 2024$2.5BFY 2025$2.5B
$982.5M$2.5B

Free cash flow by year

2016 → 2025

FY 2016$88.2MFY 2017$65.1MFY 2018$110.3MFY 2019$137.0MFY 2020$64.4MFY 2021$81.2MFY 2022$218.4MFY 2023$150.7MFY 2024$-112.5MFY 2025$15.3M
$88.2M$15.3M

Gross margin by year

2021 → 2025

FY 202122.6%FY 202229.3%FY 202324.1%FY 202413.7%FY 202520.5%
22.6%20.5%

Value screen

Graham defensive-investor tests

Computing the scorecard — refreshing any stale inputs…

0

Insider buys · 90 days

0

Insider sells · 90 days

Earnings

Last report: 10-Q filed May 11, 2026

Next expected: not yet scheduled

On the tape

Recent SEC & insider activity

  • 8-K eventAnnual Meeting ResultsJun 17, 2026Filing
  • Quarterly report10-Q FiledMay 11, 2026Filing
  • 8-K eventEarnings ReleaseMay 7, 2026Filing
  • 8-K eventDirector DepartureApr 29, 2026Filing

Questions

Frequently asked questions

What is Forward Air Corporation's market cap?

Forward Air Corporation (FWRD) has a market capitalization of $337.9M.

What is FWRD's P/E ratio?

A meaningful P/E ratio is not available for FWRD — the company's latest fiscal-year earnings per share is zero, negative, or not yet cached.

What is FWRD's price-to-book (P/B) ratio?

FWRD trades at 2.98 times book value per share.

Are insiders buying FWRD stock?

SEC Form 4 filings show no open-market insider buys at Forward Air Corporation in the last 90 days (0 sells).

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Timeline

Every filing, insider trade & earnings on a price-anchored timeline

Filing Analyzer

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News

Latest press coverage in one feed

Data: SEC EDGAR filings and cached fundamental data; prices and ratios use the most recent cached quote and statements (may lag by up to a day). Educational and research purposes only. Not investment advice.