Forward Air share price logo

Forward Air

NASDAQ: FWRD

Small Cap

$14.68

-0.07

(-0.47%)

as on

Forward Air Stock Performance

as on September 26, 2026 at 6:59 am IST

  • Day's Low

    Day's High

    $14.65
    $15.40
    downward going graph

    0.20%

    Downside

    4.90%

    Upside

    downward going graph

  • 52 Week's Low

    52 Week's High

    $7.86
    $31.18
    downward going graph

    46.49%

    Downside

    112.36%

    Upside

    downward going graph

Forward Air share price movements today

Previous Close
$14.75
Open
$14.94
Volume
582.3K
Market Cap
$511.4M
Day's Low - High
$14.65 - $15.40
52 Week Low - High
$7.86 - $31.18

Forward Air Historical Returns

1 Month Return
-15.28 %
3 Month Return
+ 3.22 %
1 Year Return
-46.64 %
3 Year Return
-77.87 %
5 Year Return
-82.99 %

Forward Air Stock Fundamentals & Key Indicators

Check Forward Air market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$511.4M

EPS (TTM)

-8.92

Dividend Yield

0.00%

Quarterly Earnings Growth YOY

1.45%

PE Ratio (TTM)

-1.69

Industry PE ratio

-4.95

PEG Ratio

0.006142386947918801

EBITDA

-107.7M

Revenue (TTM)

2.5B

Profit Margin

10.64%

Return On Equity TTM

-523.45%

Forward Air Stock Valuation

Track how Forward Air P/E has moved over time to understand its valuation trends.

Forward Air in the last 5 years

  • Overview

  • Trends

Lowest (-7.18x)

December 31, 2025

Today (-7.18x)

December 31, 2025

Industry (-4.95x)

December 31, 2025

Highest (31.06x)

December 31, 2021

LowHigh

Today’s Price to Earnings Ratio: -7.18x

Forward Air vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Forward Air with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
Forward Air image
Forward Air
Buy$511.4M-82.99%-1.6910.64%0.00%
Expeditors International image
Expeditors International
Neutral$24.4B47.29%27.2923.89%0.84%
JB Hunt image
JB Hunt
Buy$22.3B31.88%33.3316.26%0.76%
FedEx image
FedEx
StrongBuy$70.0B23.34%15.8822.90%1.64%
United Parcel image
United Parcel
Buy$80.6B-49.04%17.7816.63%6.84%

Stock Returns calculator for Forward Air Stock including INR - Dollar returns

The Forward Air stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Forward Air investment value today

Current value as on today

₹57,327

Returns

-₹42,673

(-42.67%)

Returns from Forward Air Stock

-₹46,889 (-46.89%)

Dollar Impact

₹4,215 (+4.22%)

Analyst Recommendation on Forward Air Stock

Based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts, 100% of analysts recommend a 'BUY' rating for Forward Air. Average target price of $28

Forward Air Share Price Target

Get share price movements and forecasts by analysts on Forward Air.

What analysts predicted

47.57%UPSIDE

Target Price

$28

Current Price

$14.68

Analyzed by

1 Analysts

High

$27

Target

$28.00

Low

$27

Forward Air target price $28, a slight upside of 47.57% compared to current price of $14.68. According to 1 analysts rating.

Indian Investors' Interest in Forward Air Stock

Search interest for Forward Air Stock has increased by 10% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:10% versus previous 30 day period

Forward Air Quarterly Profit & Loss

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Total Revenue
541
643
655
632
613
618
631
631
582
673
Gross Profit
60
77
110
91
75
115
15
95
20
136
Operating Income
-65
-1,095
37
-3
4
19
15
-2
20
-201
EBITDA
-34
-1,045
45
117
41
45
59
40
-43
-164
Interest Expense
40
47
52
48
45
45
44
45
-43
43
Depreciation
31
48
25
37
37
36
37
40
38
38
Income Before Tax
-107
-1,141
-32
31
-41
-37
-23
-45
-38
-244
Income Tax Expense
-18
-174
1
66
19
-16
0
-8
1
0
Net Income
-61
-645
-73
-36
-50
-12
-16
-28
-34
-207
Net Profit Margin
11.09%
12.01%
16.83%
14.51%
12.28%
18.63%
2.38%
15.19%
3.51%
20.29%

Forward Air Annual Profit & Loss

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
1,100
1,320
1,215
1,269
1,387
1,679
1,370
2,474
2,495
Gross Profit
236
266
253
229
313
491
330
339
510
Operating Income
108
122
112
73
147
247
88
-1,062
36
EBITDA
149
164
148
111
181
290
145
-916
186
Interest Expense
1
1
2
4
4
5
31
189
180
Depreciation
41
42
36
37
34
42
57
143
152
Income Before Tax
107
120
109
69
142
242
56
-1,249
-147
Income Tax Expense
20
28
27
16
35
63
13
-124
-5
Net Income
87
92
87
23
105
193
167
-816
-107
Net Profit Margin
21.49%
20.14%
20.89%
18.05%
22.63%
29.27%
24.09%
13.73%
20.48%

Forward Air Quarterly Cash Flow

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Net Income
-61
-640
-387
-35
-61
-20
-16
-28
-34
-251
Operating Cash Flow
-51
-50
50
-23
27
-13
52
-22
45
-4
Investing Cash Flow
-1,569
-13
-9
-15
-11
-3
-3
-7
-5
6
Financing Cash Flow
-158
-4
-6
5
-5
-4
-3
-3
-4
-3
Change in Cash
-1,779
-67
33
-32
11
-21
45
-34
35
-1

Forward Air Annual Cash Flow

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Net Income
87
92
82
52
116
193
42
-1,124
-141
Operating Cash Flow
103
152
158
84
120
259
181
-75
44
Investing Cash Flow
-59
-55
-63
-82
-88
-104
174
-1,608
-26
Financing Cash Flow
-48
-75
-56
-26
-34
-146
1,550
-163
-17
Change in Cash
-4
21
39
-24
-2
8
1,906
-1,846
0

Mutual Funds that own Forward Air Stock

Check out the Mutual Funds with significant holdings in Forward Air.

Funds
Holdings
Shares Held
VANGUARD INDEX FUNDS
4.365264%
1474624
Fidelity Capital Trust
2.882795%
973833
Fidelity Salem Street Trust
0.712681%
240750
TIAA-CREF Funds
0.693292%
234200
Fidelity Concord Street Trust
0.678049%
229051
See all

Global Institutional Holdings in Forward Air

Funds
Holdings
VANGUARD INDEX FUNDS
4.37%
Vanguard
3.96%
Fidelity Capital Trust
2.88%
iShares
2.61%
Xtrackers
1.42%
See all

Insights on Forward Air

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 582.04M → 673.03M (in $), with an average increase of 13.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Expeditors International of Washington, Inc. has given 22.9% return, outperforming this stock by 100.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, J.B. Hunt Transport Services, Inc. Common Stock has given 70.4% return, outperforming this stock by 115.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, FWRD stock has moved down by -16.3%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 5 quarters, -12.58M → -207.29M (in $), with an average decrease of 157.2% per quarter

About Forward Air

Forward Air Corporation, including its various subsidiaries, functions as a streamlined transportation and logistics enterprise throughout the United States and Canada, operating with an asset-light model. The company's business is structured into two principal divisions: Expedited Freight and Intermodal. The Expedited Freight segment delivers time-sensitive regional, inter-regional, and national less-than-truckload (LTL) services, complemented by local collection and delivery capabilities. This comprehensive segment also extends to final-mile services, full truckload transport, cargo consolidation and deconsolidation, storage solutions, customs brokerage, and general freight handling. Furthermore, it encompasses expedited truckload brokerage, dedicated fleet operations, and specialized logistics for high-security or temperature-sensitive goods. The Intermodal segment primarily focuses on drayage services for intermodal containers. It also provides contract warehousing as well as container freight station (CFS) warehousing and related handling services. Forward Air caters to a diverse customer base, which includes freight forwarders, third-party logistics (3PL) providers, integrated air cargo companies, both passenger and cargo airlines, ocean carriers, and retailers. Founded in 1981, Forward Air Corporation is based in Greeneville, Tennessee.
OrganisationForward Air
Headquarters3200 Olympus Boulevard, Dallas, TN, 75019, US
IndustryIntegrated Freight & Logistics
CEOShawn Stewart
E-voting on sharesClick here to vote

Key Management of Forward Air

Name

Title

Mr. Shawn Stewart

President, CEO & Director

Mr. Jamie G. Pierson

Chief Financial Officer

Mr. Anthony Carreno

Senior Vice President of Treasury & Investor Relations

Mr. Fábio Mendunekas

President of Latin America (LATAM)

Mr. Karl Khambatta

Chief Transformation Officer

Mr. Michael L. Hance J.D.

Chief Legal Officer & Secretary

Mr. James R. Faught

Chief Accounting Officer

Mr. Lance Sons

Chief Information Officer

Mr. Douglas J. Smith

Chief People Officer

Ms. Joanna Zhu

President of Asia-Pacific

FAQs

What is Forward Air share price today?

Forward Air share price today is $14.68 as on at the close of the market. Forward Air share today touched a day high of $15.40 and a low of $14.65.

What is the 52 week high and 52 week low for Forward Air share?

Forward Air share touched a 52 week high of $31.18 on and a 52 week low of $7.86 on . Forward Air stock price today i.e. is closed at $14.68,which is 52.91% down from its 52 week high and 86.89% up from its 52 week low.

What is Forward Air's market capitalisation today?

Forward Air market capitalisation is $0.00T as on .

How to invest in Forward Air Stock (FWRD) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Forward Air on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Forward Air Shares that will get you 0.1022 shares as per Forward Air share price of $14.68 per share as on September 26, 2026 at 1:29 am IST.

What is the minimum amount required to buy Forward Air Stock (FWRD) from India?

Indian investors can start investing in Forward Air (FWRD) shares with as little as ₹95.8125 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹958.13 in Forward Air stock (as per the Rupee-Dollar exchange rate as on ). Based on Forward Air share’s latest price of $14.68 as on September 26, 2026 at 1:29 am IST, you will get 0.6812 shares of Forward Air. Learn more about fractional shares .

What are the returns that Forward Air has given to Indian investors in the last 5 years?

Forward Air stock has given -82.99% share price returns and 29.49% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?