Forward Air Corp.

How big is Forward Air Corp.?

As of Jun 18, Forward Air Corp. has a market capitalization of 696.08 million and net sales of 2,545.74 million, with a net profit of -1,097.24 million over the latest four quarters. Shareholder's funds are 201.73 million, and total assets amount to 2,807.37 million.

As of Jun 18, Forward Air Corp. has a market capitalization of 696.08 million, classifying it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of net sales for the latest four quarters is 2,545.74 million, while the sum of net profit for the same period is -1,097.24 million.<BR><BR>As of Dec 24, the reporting period shows shareholder's funds of 201.73 million and total assets amounting to 2,807.37 million.

What does Forward Air Corp. do?

Forward Air Corporation is a micro-cap freight and logistics company with recent net sales of $613 million and a net profit of -$61 million. It has a market cap of $696.08 million and key metrics include a debt equity ratio of 10.84 and a return on equity of -44.52%.

Overview:<BR>Forward Air Corporation is a freight and logistics company operating in the Transport Services industry, categorized as a micro-cap.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 613 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -61 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 696.08 Million (Micro Cap)<BR><BR>Key Metrics:<BR>Debt Equity: 10.84 <BR>Return on Equity: -44.52% <BR>Price to Book: 4.50 <BR><BR>Contact Details:<BR>Address: 1915 Snapps Ferry Rd Bldg N, GREENEVILLE TN: 37745-3661 <BR>Tel: 1 423 6367000 <BR>Website: https://www.forwardair.com/

Should I buy, sell or hold Forward Air Corp.?

Who are in the management team of Forward Air Corp.?

As of March 2022, the management team of Forward Air Corp. includes Thomas Schmitt as Chairman, President, and CEO, and R. Craig Carlock as Lead Independent Director, along with Independent Directors Ronald Allen, Ana Amicarella, Valerie Bonebrake, and C. Robert Campbell.

As of March 2022, the management team of Forward Air Corp. includes Mr. Thomas Schmitt, who serves as the Chairman of the Board, President, and Chief Executive Officer. Additionally, Mr. R. Craig Carlock is the Lead Independent Director. The board also consists of several Independent Directors: Mr. Ronald Allen, Ms. Ana Amicarella, Ms. Valerie Bonebrake, and Mr. C. Robert Campbell.

Is Forward Air Corp. overvalued or undervalued?

As of May 8, 2024, Forward Air Corp. is considered overvalued and risky due to a high Price to Book Value of 3.68, an EV to EBIT ratio of 62.45, a troubling ROE of -44.52%, and significant underperformance compared to peers and the S&P 500.

As of 8 May 2024, the valuation grade for Forward Air Corp. has moved from expensive to risky, indicating a significant deterioration in its market position. The company is currently overvalued, as reflected by its high Price to Book Value of 3.68 and an EV to EBIT ratio of 62.45, which suggests that investors are paying a premium for its earnings potential that is not being realized. Additionally, the company's ROE stands at a troubling -44.52%, further emphasizing its financial struggles.<BR><BR>In comparison to peers, J.B. Hunt Transport Services, Inc. has a P/E ratio of 40.85, while Knight-Swift Transportation Holdings, Inc. shows a more reasonable EV to EBITDA of 8.11, highlighting that Forward Air Corp. is significantly lagging behind in terms of valuation metrics. The company's stock has underperformed dramatically, with a 1-year return of -26.32% compared to the S&P 500's 17.14%, and a staggering -70.67% over three years versus the S&P's 70.41%. This stark contrast reinforces the notion that Forward Air Corp. is currently overvalued in the market.

Is Forward Air Corp. technically bullish or bearish?

As of October 31, 2025, Forward Air Corp. is in a mildly bearish trend, indicated by bearish MACD and Bollinger Bands, with a year-to-date return of -43.75%, significantly underperforming the S&P 500's 16.30%.

As of 31 October 2025, the technical trend for Forward Air Corp. has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view including a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and monthly timeframes, and a mildly bearish KST on the weekly timeframe. Although the daily moving averages show a mildly bullish signal, the overall sentiment remains negative. <BR><BR>In terms of performance, the stock has significantly underperformed against the S&P 500 across multiple periods, with a year-to-date return of -43.75% compared to the S&P 500's 16.30%.