Equities

Forward Air Corp

Forward Air Corp

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  • Price (USD)20.73
  • Today's Change-1.05 / -4.82%
  • Shares traded617.07k
  • 1 Year change-78.69%
  • Beta1.0468
Data delayed at least 15 minutes, as of May 06 2024 20:57 BST.
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About the company

Forward Air Corporation is an asset-light provider of transportation services across the United States, Canada and Mexico. It provides expedited less-than-truckload services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, it offers truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. It operates in two segments: Expedited Freight and Intermodal. Its Expedited Freight segment offers customers local pick-up and delivery and other services, including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling services. Its Intermodal segment offers contract and container freight station warehouse and handling services.

  • Revenue in USD (TTM)1.37bn
  • Net income in USD41.94m
  • Incorporated1981
  • Employees4.01k
  • Location
    Forward Air Corp1915 Snapps Ferry Rd., Building NGREENEVILLE 37745United StatesUSA
  • Phone+1 (423) 636-7000
  • Fax+1 (423) 639-0812
  • Websitehttps://www.forwardair.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FWRD:NSQ since
announced
Transaction
value
Omni Logistics LLCDeal completed10 Aug 202310 Aug 2023Deal completed-81.15%1.75bn
Data delayed at least 15 minutes, as of May 06 2024 20:57 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Spirit Airlines Inc5.36bn-447.46m406.25m13.17k--0.3574--0.0758-4.10-4.1049.1310.380.5766--26.63407,271.90-4.81-4.01-5.84-4.7917.0019.74-8.34-8.41---5.290.7482--5.8010.0419.25---15.89--
Forward Air Corp1.37bn41.94m574.35m4.01k13.500.73165.730.4191.616.4052.7429.770.6547--7.32341,488.502.047.452.268.5449.2546.723.126.71--4.610.705425.04-18.393.80-76.48-13.71-4.938.79
Hawaiian Holdings, Inc.2.75bn-299.80m648.63m7.39k------0.2359-5.80-5.8053.20-0.77570.694450.0027.63373,437.70-7.57-4.58-11.25-6.235.118.61-10.90-8.770.8411-7.741.02--2.84-0.8688-8.50---9.83--
Azul SA (ADR)3.57bn-8.77m724.82m14.31k15.53--1.570.20290.41340.413431.75-36.180.955511.569.31250,716.30-0.2345-21.89-0.9879-44.4854.3751.96-0.2454-36.060.36830.81855.02--59.8715.6682.85--14.07--
Sun Country Airlines Holdings Inc1.05bn72.18m738.08m2.78k11.361.434.600.70321.221.2217.939.650.666846.7628.64377,154.204.593.496.144.7165.5861.196.885.810.62963.930.5689--17.3512.50308.3623.0921.84--
Allegiant Travel Company2.51bn113.42m1.02bn6.69k8.750.7652.990.40536.366.36140.5072.720.535123.5028.31375,389.902.511.733.222.1766.3565.964.693.420.79584.060.629718.409.048.524,508.74-6.619.55-26.52
Frontier Group Holdings Inc3.61bn-24.00m1.29bn7.24k--2.6641.600.3576-0.1059-0.105916.272.160.7303--37.18498,410.50-0.486---0.7501--53.3350.94-0.6656-0.9739----0.4905--7.9110.7370.27--16.27--
JetBlue Airways Corporation9.50bn-834.00m1.97bn20.22k--0.749--0.2077-2.46-2.4628.247.740.704835.9627.41493,812.40-6.19-2.54-8.82-3.3664.6063.98-8.78-4.570.5104-0.42750.6556--4.994.6614.36--1.60--
Data as of May 06 2024. Currency figures normalised to Forward Air Corp's reporting currency: US Dollar USD

Institutional shareholders

51.62%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Dec 20233.79m14.77%
The Vanguard Group, Inc.as of 31 Dec 20232.91m11.33%
Silvercrest Asset Management Group LLCas of 31 Dec 20231.13m4.40%
SSgA Funds Management, Inc.as of 31 Dec 20231.08m4.19%
Morgan Stanley & Co. LLCas of 31 Dec 2023920.62k3.59%
Dimensional Fund Advisors LPas of 31 Dec 2023803.39k3.13%
Norges Bank Investment Managementas of 31 Dec 2023688.43k2.68%
ClearBridge Investments LLCas of 31 Dec 2023676.02k2.63%
Pacer Advisors, Inc.as of 31 Dec 2023645.93k2.52%
Geode Capital Management LLCas of 31 Dec 2023609.01k2.37%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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