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FORWARD AIR CORP FWRD
Nasdaq · XNAS · stock · Arrangement of Transportation of Freight & Cargo · website · IPO 2020-09-09
FORWARD AIR CORP statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else is from filings.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating margin | 1.5% | -43.0% | 6.4% | 14.7% | 10.6% |
| Net margin | -4.3% | -33.0% | 12.2% | 11.5% | 7.6% |
| FCF margin | 0.6% | -4.3% | 12.3% | 12.6% | 5.9% |
| Return on assets | -4.0% | -29.1% | 5.6% | 16.0% | 9.5% |
| Return on equity | -66.7% | -285.8% | 21.9% | 27.3% | 17.8% |
| Debt / equity | 10.44× | 5.86× | 0.00× | 0.15× | 0.26× |
| Current ratio | 1.22 | 1.23 | 1.46 | 1.80 | 1.72 |
| Revenue growth | 0.8% | 80.5% | -18.4% | 21.1% | 9.3% |
Source: SEC EDGAR filings · CIK 0000912728 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.