Forward Air Corporation (FWRD) — Stock Score Summary

Forward Air Corporation (FWRD) has a MoatMap StockRank of 11/100 based on Quality (26/100), Value (52/100), and Momentum (16/100) factor scores. The current signal is STRONG SELL. Forward Air has experienced significant operational and integration challenges following its controversial merger with Omni Logistics. This complex integration has damaged the company's return profile and capital allocation track record, making it a turnaround story that fails the Terry Smith and Warren Buffett quality filters.

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.

Key Financial Metrics

Price$11.63
Market Cap$328M
P/E (Forward)-40.86
Price/Book4.04
Return on Equity-69.1%
Return on Invested Capital1.5%
Debt/Equity1758.63
Gross Margin20.5%
Operating Margin4.0%
Revenue Growth-5.1%
Free Cash Flow$56M

Forward Air Corporation operates in the Integrated Freight & Logistics industry, part of the Industrials sector (United States).

Frequently Asked Questions

What is Forward Air Corporation’s (FWRD) StockRank?
MoatMap’s StockRank for Forward Air Corporation (FWRD) is 11/100, with a Strong Sell signal. It is a composite of Quality (26), Value (52), and Momentum (16) factor ranks across MoatMap’s 19,000+ stock universe.
Does Forward Air Corporation have an economic moat?
Forward Air Corporation (FWRD) has a Quality factor score of 26/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Forward Air Corporation a buy, hold, or sell?
MoatMap’s current signal for Forward Air Corporation (FWRD) is Strong Sell, based on a StockRank of 11/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Forward Air Corporation in?
Forward Air Corporation (FWRD) operates in the Industrials sector, specifically the Integrated Freight & Logistics industry (United States).
Browse all ranked stocksFWRD deep dive reportAI ChampionsHow we score stocksSense-check another stock