FWRD · NASDAQ
Forward Air (FWRD) Stock Price & Fundamentals
Forward Air (FWRD) closed at $310.94 on Oct 9, 2026, up 1.03% from the previous close of $307.76.
Share price, past year
1Y +14.80%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $310.94 |
| Sep 30, 2026 | $293.51 |
| Aug 31, 2026 | $295.51 |
| Jul 31, 2026 | $293.61 |
| Jun 30, 2026 | $285.13 |
| May 29, 2026 | $277.00 |
| Apr 30, 2026 | $259.51 |
| Mar 31, 2026 | $246.80 |
| Feb 27, 2026 | $259.59 |
| Jan 30, 2026 | $255.25 |
| Dec 31, 2025 | $265.72 |
| Nov 28, 2025 | $275.61 |
| Oct 31, 2025 | $272.26 |
Key statistics
- Market cap
- $10.49B
- P/E (TTM)
- —
- EPS (TTM)
- −$8.89
- Revenue (TTM)
- $2.52B
- Net income (TTM)
- −$286.20M
- Shares outstanding
- 33.7M
- Dividend yield
- —
- 52-week range
- $244.24 – $310.94
Forward Air's market cap is $10.49B, based on a share price of $310.94 and 33.7M shares outstanding as of Jun 30, 2026.
Financials
Forward Air reported revenue of $2.50B for fiscal 2025, up 0.84% from fiscal 2024.
Forward Air reported a net loss of $107.80M in fiscal 2025.
Fiscal 2025 revenue was the highest in the 10 years shown.
Annual revenue
| Fiscal year | Revenue | Growth | Net income | Net margin | EPS (diluted) | Free cash flow |
|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $2.50B | +0.8% | −$107.80M | −4.3% | −$3.51 | — |
| FY2024ended Dec 31, 2024 | $2.47B | +80.5% | −$816.97M | −33.0% | −$30.63 | — |
| FY2023ended Dec 31, 2023 | $1.37B | −18.4% | $167.35M | 12.2% | $6.40 | — |
| FY2022ended Dec 31, 2022 | $1.68B | +21.1% | $193.19M | 11.5% | $7.14 | — |
| FY2021ended Dec 31, 2021 | $1.39B | +9.3% | $105.86M | 7.6% | $3.85 | — |
| FY2020ended Dec 31, 2020 | $1.27B | +4.5% | $23.73M | 1.9% | $0.84 | — |
| FY2019ended Dec 31, 2019 | $1.22B | +6.8% | $87.10M | 7.2% | $3.04 | $137.01M |
| FY2018ended Dec 31, 2018 | $1.14B | −2.7% | $92.05M | 8.1% | $3.12 | $112.99M |
| FY2017ended Dec 31, 2017 | $1.17B | +13.5% | $87.26M | 7.5% | $2.89 | $65.10M |
| FY2016ended Dec 31, 2016 | $1.03B | — | $27.51M | 2.7% | $0.90 | $88.17M |
| Quarter | Revenue | Net income | EPS (diluted) |
|---|---|---|---|
| Q2 FY2026ended Jun 30, 2026 | $673.04M | −$207.30M | −$6.38 |
| Q1 FY2026ended Mar 31, 2026 | $582.05M | −$34.32M | −$1.09 |
| Q4 FY2025ended Dec 31, 2025 | $631.23M | −$28.33M | −$0.90 |
| Q3 FY2025ended Sep 30, 2025 | $631.76M | −$16.25M | −$0.52 |
| Q2 FY2025ended Jun 30, 2025 | $618.84M | −$12.58M | −$0.41 |
| Q1 FY2025ended Mar 31, 2025 | $613.28M | −$50.64M | −$1.68 |
| Q4 FY2024ended Dec 31, 2024 | $632.85M | −$36.42M | −$1.24 |
| Q3 FY2024ended Sep 30, 2024 | $655.94M | −$73.41M | −$2.66 |
Company profile
- Name
- Forward Air Corporation
- Ticker
- FWRD
- Exchange
- NASDAQ
- Industry (SEC SIC)
- Arrangement of Transportation of Freight & Cargo
- Headquarters
- 3200 Olympus Boulevard, Suite 300, Dallas, TX 75019
- Incorporated in
- DE
- Fiscal year ends
- December
- SEC CIK
- 0000912728
Recent SEC filings
- Aug 5, 2026
- Aug 5, 2026
- Jul 21, 2026
- Jul 10, 2026
- Jun 17, 2026
- May 11, 2026
- May 7, 2026
- Apr 29, 2026
Frequently asked questions
What is Forward Air's stock price?
Forward Air (FWRD) closed at $310.94 on Oct 9, 2026, up 1.03% from the previous close of $307.76.
What is Forward Air's market cap?
Forward Air's market cap is $10.49B, based on a share price of $310.94 and 33.7M shares outstanding as of Jun 30, 2026.
How much revenue does Forward Air make?
Forward Air reported revenue of $2.50B for fiscal 2025, up 0.84% from fiscal 2024.
Does Forward Air pay a dividend?
Yes. Forward Air declared $0.00 per share in dividends for fiscal 2025.
Sources and methodology
Fundamentals come from Forward Air Corporation's filings with the SEC (EDGAR XBRL company facts). Fourth-quarter figures that companies don't report separately are calculated as the fiscal year minus the first three quarters. Trailing twelve-month (TTM) figures sum the latest four quarters. Prices are generated sample data for development. Last updated Oct 9, 2026. Data sources and disclosures