FWRD — Forward Air Corporation
NASDAQ · Industrials · Integrated Freight & Logistics
$16.63
+$0.25 (+1.53%)
Forward Air Corporation (FWRD) is a integrated freight & logistics company listed on NASDAQ. It is led by Shawn Stewart, based in Building N, Greeneville, TN, United States, 37745, with about 6,319 employees. Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. Its Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services, and other supply chain solutions. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Latest reported FWRD revenue for 2025-09-30 was $631.8M. Net income was -$23.8M. Revenue was up 2.1% from 2025-06-30 to 2025-09-30. FWRD currently screens at market cap $841.2M.
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About Forward Air Corporation
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. Its Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services, and other supply chain solutions. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
FWRD Key Statistics
Market Cap
$841.20M
Volume
390,284
Previous Close
$17.63
Day Range
$17.33 – $17.81
EPS
-$1.24
Revenue
$632.85M
Net Income
-$1.13B
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+87.0%
Profit Margin
-178.8%
Employees
6,319
FWRD Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 |
|---|---|---|
| Revenue | $632.85M | $338.43M |
| Cost of Revenue | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 |
| Net Income | -$1.13B | $167.35M |
| EPS (Diluted) | -$1.24 | $3.93 |
Total Assets
$2.80B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$104.90M
Operating Cash Flow
$159.02M
Free Cash Flow
$0.00
Forward Air Corporation Company Information
- CEO & Director
- Shawn Stewart
- Headquarters
- Building N, Greeneville, TN, United States, 37745
- Website
- www.forwardair.com/about
- Phone
- 423 636 7000
- IPO / Founded
- 1993-11-16
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics