FWRD

Forward Air Corporation

Industrials · $482M market cap

We can't put a fair value on FWRD right now. Our value came out at less than a tenth of the share price. When our answer is that far from the market, the method most likely doesn't fit this company, so we don't publish a number.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth5.6% a year✗

Equity per share growth8.6% a year✗

Sales growth10.8% a year✓

Free cash flow growth9.9% a year✗

Return on invested capital-11.3%✗

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Insider activity

Since Jun 18, 2026: no open-market purchases and 3 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

Gorjanc Christine Marie

director · 2026-06-18

Award

9,545 shares

Boyles Dale W

director · 2026-06-18

Award

9,545 shares

Svindland Paul C.

director · 2026-06-18

Award

9,545 shares

About Forward Air Corporation

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…

Integrated Freight & Logistics

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works

Verdict

Business quality

Insider activity

Other filings

About Forward Air Corporation