Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FWRD
STRONG SELLForward Air Corporation · Industrials · United States · $482M · Avg Vol: $17M/d
COMPANY DESCRIPTION
Forward Air Corporation is a leading provider of expedited less-than-truckload (LTL) freight services in North America, specializing in time-sensitive freight with airport-to-airport and intermodal solutions. The company differentiates itself through its extensive terminal network, efficient hub-and-spoke model, and commitment to reliable, time-definite service. It is a specialized logistics provider, recognized as a leader in expedited LTL freight, catering to time-critical shipping needs.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7B | 1.4B | 2.5B | 2.5B | 14.1% | 2.5B | 2.5B | 2.5B | 1.1% |
| EPS | 7.17 | 6.42 | -29.66 | -3.51 | -10.5% | -2.81 | — | — | — |
| Shares | 26.5M | 25.7M | 29.8M | 31.3M | +18.4% | 31.6M | — | — | — |
| Debt | 266.8M | 1.9B | 2.1B | 2.2B | 100.8% | 2.2B | — | — | — |
| Equity | 707.2M | 764.3M | 201.7M | 113.3M | -45.7% | — | — | — | — |
| Op CF | 259.1M | 181.4M | -75.4M | 44.4M | -44.5% | 62.5M | — | — | — |
| Inv CF | -104.5M | 174.8M | -1.6B | -26.9M | — | — | — | — | — |
| Fin CF | -146.1M | 1.6B | -163.8M | -17.5M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of FWRD are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FWRD | Forward Air Corporation(you) | $482M | 15 | STRONG SELL |
| CYRX | Cryoport, Inc. | $775M | 45 | HOLD |
| PAL | Proficient Auto Logistics, Inc. | $190M | 39 | HOLD |
| RLGT | Radiant Logistics, Inc. | $416M | 90 | STRONG BUY |
| GXO | GXO Logistics, Inc. | $6.1B | 45 | HOLD |
| HUBG | Hub Group, Inc. | $3.0B | 61 | HOLD |
| ELMT | The Elmet Group Co. | $427M | 15 | STRONG SELL |
| SATL | Satellogic Inc. | $532M | 11 | STRONG SELL |
| FIP | FTAI Infrastructure Inc. | $500M | 9 | STRONG SELL |
| TRC | Tejon Ranch Co. | $476M | 21 | SELL |
Peer medians: ROE 10.7% · P/E 30.6x · Gross margin 28.6%