Forward Air Corporation Financials

Market Capitalization $970.3 Million as of Jan. 1, 2025

Valuations Metrics as of May. 5, 2024

Trailing PE	13.28
Forward PE	14.42
Price to Sales TTM	$0.42
Price to Book MRQ	$0.73
Enterprise to Revenue	1.75
Enterprise to EBITDA	11.98

Financial Reports as of Dec. 31, 2023

Financials

Fiscal Year Ends	2023-12-31
Most Recent Quarter	2023-12-31
Profit Margin	12.21%
Operating Margin	0.89%
Return on Assets TTM	4.35%
Return on Equity TTM	5.82%

Income Statement

Revenue TTM	$1,370,734,976
Revenue per Share TTM	$52.90
Quarterly Revenue Growth	-29.70%
Gross Profit TTM	$330,152,000
EBITDA	$145,615,000
Net Income to Common TTM	$41,944,000
Diluted EPS TTM	$1.64
Quarterly Earnings Growth YoY	136.90%

Balance Sheet

Total Cash MRQ	$121,969,000
Total Cash per Share MRQ	$4.63
Total Debt MRQ	$
Total Debt to Equity MRQ	254.60
Current Ratio MRQ	1.46
Book Value per Share MRQ	$29.77

Cash Flow

Operating Cash Flow TTM	$181,388,000
Levered Free Cash Flow TTM	$205,227,632

FWRD Stock Info as of May. 5, 2024

Stock Statistics

Shares Outstanding	26,370,400
Float Shares	25,916,800
Avg 10 Volume	701,102
Avg 30 Volume	None
Shares Short	4,120,440
Short Ratio	3.52
Short % of Shares	21.82%
% Held by Insiders	1.82%
% Held by Institutions	97.52%

Stock Price Summary

Beta	0.99
Fifty Two Week Low	$20.95
Fifty Two Week High	$121.38
Fifty Two Week Change	-343.94%
Day 50 MA	$28.55
Day 200 MA	$58.80

Dividends and Splits

Forward Annual Dividend Rate	$0.96
Forward Annual Dividend Yield	4.41%
Trailing Annual Dividend Rate	$0.72
Trailing Annual Dividend Yield	3.31%
Payout Ratio	58.54%
Dividend Date	2023-12-07
Ex Dividend Date	2023-11-21
Last Split Factor
Last Split Date	2005-04-04