Equities

Forward Air Corp

Forward Air Corp

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IndustrialsIndustrial Transportation
  • Price (USD)93.61
  • Today's Change3.35 / 3.71%
  • Shares traded81.50k
  • 1 Year change+13.15%
  • Beta1.1371
Data delayed at least 15 minutes, as of Oct 03 2022 21:00 BST.
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About the company

Forward Air Corporation is an asset-light freight and logistics company, which provides services across the United States and Canada. The Company provides expedited less-than-truckload (LTL) 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 final mile services, including delivery of heavy-bulky freight; truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and container freight station (CFS) warehouse and handling services. The Company operates through two segments: Expedited Freight and Intermodal. Expedited Freight segment offers customers local pick-up and delivery, and other services. Intermodal segment also offers dedicated contract and CFS warehouse and handling services.

  • Revenue in USD (TTM)1.86bn
  • Net income in USD165.84m
  • Incorporated1981
  • Employees4.04k
  • Location
    Forward Air Corp430 AIRPORT RDGREENEVILLE 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
Edgmon Trucking LLCAnnounced09 May 202209 May 2022Announced-5.89%--
BarOle Trucking IncAnnounced03 Nov 202103 Nov 2021Announced-11.97%--
Data delayed at least 15 minutes, as of Oct 03 2022 21:00 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)
Hawaiian Holdings, Inc.2.17bn-237.49m675.21m6.93k--1.80--0.3108-4.63-4.6342.257.310.453556.1828.39325,541.70-4.960.2229-6.890.30953.6720.25-10.930.36881.44-3.590.824147.6388.99-8.0871.67---26.16--
SkyWest, Inc.3.06bn85.70m800.80m15.21k9.350.3411.580.2621.691.6960.2746.420.42669.6146.35200,998.501.202.891.433.3866.4866.842.806.400.91931.610.58387.5827.57-2.401,414.27---10.00--
Sun Country Airlines Holdings Inc791.81m13.02m814.60m2.28k67.941.6410.991.030.20620.206213.248.530.562254.2824.56363,047.200.9242--1.16--59.89--1.64--1.082.060.5529--55.18--2,084.38------
Azul SA (ADR)2.52bn-482.34m989.07m13.19k------0.393-4.62-4.6221.45-28.980.755412.1110.15191,206.60-14.48-22.51-43.39-39.8449.2156.04-19.16-40.210.373-0.00594.58--73.678.3861.11--11.93--
Allegiant Travel Company2.09bn45.67m1.38bn5.23k29.561.125.870.66182.572.57116.5067.780.502024.6716.01498,759.001.123.521.424.4561.1169.062.236.291.491.330.614131.2172.504.37181.18-7.345.05--
JetBlue Airways Corporation7.99bn-442.00m2.15bn19.87k--0.623416.770.2688-1.38-1.3824.8610.640.571447.1128.17516,891.00-3.16-0.3771-4.44-0.485261.0768.41-5.53-0.68330.7186-9.770.5259--104.16-1.7286.56---0.3185--
Frontier Group Holdings Inc2.75bn-139.00m2.17bn5.50k--5.09--0.7875-0.6418-0.641812.651.960.6453--49.60500,363.50-3.23---4.94--48.35---5.01-----26.670.4668--64.80--54.67------
Spirit Airlines Incorporated4.24bn-319.24m2.26bn9.82k--1.21--0.5327-2.94-2.9438.8717.210.4882--29.13432,062.00-3.68-0.809-4.55-0.961618.9326.79-7.53-1.67---2.890.6193--78.496.852.52---16.89--
Forward Air Corporation1.86bn165.84m2.40bn4.04k14.573.6111.401.296.135.9668.7824.721.63--8.18461,396.3014.649.4117.1810.8245.9044.328.966.37--59.410.199524.7430.9411.09120.2233.25-1.505.92
Copa Holdings, S.A.2.28bn270.34m2.92bn6.13k10.011.995.621.286.506.5054.4932.650.535412.2717.41372,934.706.330.63728.670.83957.1062.7811.831.320.901922.660.5595296.3488.51-7.41107.22-32.9416.26--
Data as of Oct 03 2022. Currency figures normalised to Forward Air Corp's reporting currency: US Dollar USD

Institutional shareholders

58.65%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Jun 20223.81m14.20%
The Vanguard Group, Inc.as of 30 Jun 20222.84m10.58%
ArrowMark Colorado Holdings LLCas of 30 Jun 20221.36m5.07%
Ancora Advisors LLCas of 30 Jun 20221.34m5.01%
Neuberger Berman Investment Advisers LLCas of 30 Jun 20221.33m4.94%
Silvercrest Asset Management Group LLCas of 30 Jun 20221.27m4.72%
ClearBridge Investments LLCas of 30 Jun 20221.10m4.11%
SSgA Funds Management, Inc.as of 30 Jun 20221.01m3.76%
Royce & Associates LPas of 30 Jun 2022880.88k3.28%
Dimensional Fund Advisors LPas of 30 Jun 2022804.59k3.00%
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Data from 30 Jun 2022 - 30 Jun 2022Source: FactSet Research Systems Inc.
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