Forward Air

Forward Air

Air Freight & Logistics
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. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in the United States, Canada, and Mexico.

$537.5M

Market Cap • 10/2/2026

1981

(45 years)

Founded

1993

(33 years ago)

IPO

NASDAQ

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

—

P/S

0,3

P/EBITDA

—

P/OCF

7,5

P/FCF

10,3

P/E

—

BVPS

—

EPS

—

Market Cap

Market Cap

537,5M

EV

2,6B

EV/Revenue

1

EV/EBITDA

-193,8

EV/EBIT

-15,5

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

0%

Total Yield

0%

Dividend Yield 5Y

0,3%

Payout

0%

Retained Earnings

-690,3M

Profitability

Gross Margin

21,5%

EBITDA Margin

—

EBIT Margin

—

Net Margin

—

D&A/EBITDA

0%

R&D/Revenue

0%

Capex/Revenue

0,9%

Capex/D&A

14,6%

Capex/OCF

26,5%

SBC/OCF

11,5%

% PPE

26,4%

% Goodwill

11,6%

ROE

—

ROIC

—

Growth

CAGR Revenue 5Y

11,4%

CAGR OCF 5Y

2,4%

Leverage

N.D./EBITDA

—

Debt/Equity

0%

Current Ratio

1,3

Quick Ratio

1,2

Interest Coverage

—

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