About Forward Air Corporation
https://www.forwardaircorp.comForward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal.
CEO
Shawn Stewart
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2005-04-04 | Forward | 3:2 |
| 2000-01-31 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 147
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Grade Summary
Showing Top 3 of 3
Price Target
Institutional Ownership
BLACKROCK INC.
Shares:4.53M
Value:$127.87M
CLEARLAKE CAPITAL GROUP, L.P.
Shares:3.83M
Value:$107.98M
BLACKROCK, INC.
Shares:3.22M
Value:$90.95M
Summary
Showing Top 3 of 287
About Forward Air Corporation
https://www.forwardaircorp.comForward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $631.76M ▲ | $0 ▼ | $-16.25M ▼ | -2.57% ▼ | $-0.52 ▼ | $59.15M ▲ |
| Q2-2025 | $618.84M ▲ | $95.75M ▲ | $-12.58M ▲ | -2.03% ▲ | $-0.41 ▲ | $45.02M ▲ |
| Q1-2025 | $613.28M ▼ | $70.54M ▼ | $-50.64M ▼ | -8.26% ▼ | $-1.68 ▼ | $41.3M ▼ |
| Q4-2024 | $632.85M ▼ | $95.05M ▲ | $-36.42M ▲ | -5.75% ▲ | $-1.24 ▲ | $117.7M ▲ |
| Q3-2024 | $655.94M | $72.95M | $-73.41M | -11.19% | $-2.63 | $45.77M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $140.35M ▲ | $2.79B ▲ | $2.6B ▲ | $139.78M ▼ |
| Q2-2025 | $95.13M ▼ | $2.76B ▼ | $2.54B ▼ | $151.79M ▼ |
| Q1-2025 | $116.31M ▲ | $2.8B ▲ | $2.58B ▲ | $154.63M ▼ |
| Q4-2024 | $104.9M ▼ | $2.8B ▼ | $2.52B ▼ | $201.73M ▼ |
| Q3-2024 | $136.62M | $3.06B | $2.72B | $226.08M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-16.25M ▲ | $52.71M ▲ | $-3.85M ▲ | $-3.66M ▲ | $45.05M ▲ | $48.6M ▲ |
| Q2-2025 | $-20.36M ▲ | $-13.22M ▼ | $-3.88M ▲ | $-4.62M ▲ | $-21.37M ▼ | $-17.96M ▼ |
| Q1-2025 | $-61.19M ▼ | $27.61M ▲ | $-11.24M ▲ | $-5.33M ▼ | $11.41M ▲ | $15.71M ▲ |
| Q4-2024 | $-35.38M ▲ | $-23.62M ▼ | $-15.71M ▼ | $5.56M ▲ | $-32.89M ▼ | $-30.87M ▼ |
| Q3-2024 | $-387.19M | $50.02M | $-9.47M | $-6.44M | $33.5M | $39.6M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
 Corporate Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Expedited Freight Segment | $560.00M ▲ | $250.00M ▼ | $260.00M ▲ | $260.00M ▲ |
 Intermodal Segment | $120.00M ▲ | $60.00M ▼ | $60.00M ▲ | $60.00M ▲ |
CEO
Shawn Stewart
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2005-04-04 | Forward | 3:2 |
| 2000-01-31 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 147
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Grade Summary
Showing Top 3 of 3
Price Target
Institutional Ownership
BLACKROCK INC.
Shares:4.53M
Value:$127.87M
CLEARLAKE CAPITAL GROUP, L.P.
Shares:3.83M
Value:$107.98M
BLACKROCK, INC.
Shares:3.22M
Value:$90.95M
Summary
Showing Top 3 of 287