FWRD · Forward Air Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted operating income non-GAAP | $42.69M | second quarter | — |
| Consolidated EBITDA non-GAAP | 318.56M | Last Twelve Months Ended June 30, 2026 | — |
| Consolidated EBITDA Margin non-GAAP | 13.8% | 2Q26 | — |
| Consolidated LTM EBITDA non-GAAP | $319M | 2Q26 | — |
| Drayage revenue per shipment | $942 | Three Months Ended June 30, 2026 | — |
| Drayage shipments | 61,909 | Three Months Ended June 30, 2026 | — |
| Expedited Freight Claims Ratio | 0.07% | 2Q26 | — |
| Expedited Freight Reported EBITDA non-GAAP | $43M | 2Q26 | — |
| Expedited Freight Reported EBITDA Margin non-GAAP | 13.6% | 2Q26 | — |
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| Expedited Freight Revenue per Shipment, excluding fuel | $215 | 2Q26 | — |
| Expedited Freight Shipments per Day | 11.7K | 2Q26 | — |
| Expedited Freight Weight per Shipment | £888 | 2Q26 | — |
| Free cash flow non-GAAP | 33.25M | Six Months Ended June 30, 2026 | — |
| Intermodal Reported EBITDA non-GAAP | $10M | 2Q26 | — |
| Intermodal Reported EBITDA Margin non-GAAP | 16.7% | 2Q26 | — |
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| Liquidity | $401M | second quarter | — |
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| LTL Revenue per Shipment ex-fuel | $215 | 2Q26 | — |
| LTL Shipments per Workday | 11.7K | 2Q26 | — |
| LTL Tonnage per Workday | 10.39M | 2Q26 | — |
| Net Cash | $112M | 2Q26 | +14.9% |
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| Omni Reported EBITDA non-GAAP | $38M | 2Q26 | — |
| Omni Reported EBITDA Margin non-GAAP | 11.2% | 2Q26 | — |
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| Operating Cash Flow non-GAAP | $46M | 2Q26 | — |
| Reported EBITDA non-GAAP | -164.12M | Three Months Ended June 30, 2026 | — |
| Unlevered Free Cash Flow non-GAAP | $46M | 2Q26 | — |
| Consolidated EBITDA (last twelve months) non-GAAP | $304M | last twelve months ended March 31, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Integrated Freight & Logistics — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FWRD
this stock
Forward Air Corp
|
$625.62M | -28.8% | +4.5% | — | 6.8% |
|
UPS
United Parcel Service Inc
|
$87.27B | +3.4% | +8.2% | — | 2.8% |
|
FDX
Fedex Corp
|
$77.46B | — | +8.5% | — | 2.1% |
|
JBHT
Hunt J B Transport Services Inc
|
$25.58B | +41.2% | +9.7% | 38.7 | 2.9% |
|
EXPD
Expeditors International Of Washington Inc
|
$24.13B | +25.1% | +13.5% | 27.0 | 3.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FWRD | -11.9% | +14.9% | -29.7% | +26.6% | -28.8% |
| SPY | -2.0% | +3.3% | +11.2% | +2.1% | +11.8% |
| vs SPY | -10.0% | +11.6% | -40.8% | +24.5% | -40.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.