About forward air - FWRD
Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following segments: Expedited LTL and Intermodal. The Expedited LTL segment provides expedited regional, inter-regional and national LTL, final mile and truckload services. The Intermodal segment provides first and last-mile high value intermodal container drayage services both to and from seaports and railheads. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Dallas, TX.
FWRD At a Glance
Forward Air Corp.
3200 Olympus Boulevard
Dallas, Texas 75019
| Phone | 1-817-552-5270 | Revenue | 2.47B | |
| Industry | Trucking | Net Income | -810,582,000.00 | |
| Sector | Transportation | 2024 Sales Growth | 80.506% | |
| Fiscal Year-end | 12 / 2025 | Employees | 6,319 | |
| View SEC Filings |
FWRD Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 0.359 |
| Price to Book Ratio | 4.758 |
| Price to Cash Flow Ratio | N/A |
| Enterprise Value to EBITDA | 27.53 |
| Enterprise Value to Sales | 1.218 |
| Total Debt to Enterprise Value | 0.712 |
FWRD Efficiency
| Revenue/Employee | 391,559.107 |
| Income Per Employee | -128,276.943 |
| Receivables Turnover | 7.672 |
| Total Asset Turnover | 0.846 |
FWRD Liquidity
| Current Ratio | 1.23 |
| Quick Ratio | 1.23 |
| Cash Ratio | 0.274 |
FWRD Profitability
| Gross Margin | -1.396 |
| Operating Margin | -1.396 |
| Pretax Margin | -50.513 |
| Net Margin | -32.761 |
| Return on Assets | -27.72 |
| Return on Equity | -167.824 |
| Return on Total Capital | -34.529 |
| Return on Invested Capital | -33.171 |
FWRD Capital Structure
| Total Debt to Total Equity | 1,063.709 |
| Total Debt to Total Capital | 91.407 |
| Total Debt to Total Assets | 76.434 |
| Long-Term Debt to Equity | 1,007.509 |
| Long-Term Debt to Total Capital | 86.577 |