Forward Air Corporation· FWRD

🇺🇸 US · MicroBroad USNASDAQ

Industrials Integrated Freight & Logistics Website

Price: $14.59
Day: -1.62%
Mkt Cap: $461.41M
52W Range: $7.86 – $31.18
Volume: 463.5K
Beta: 1.39

D25D FrameworkTTM Data

Peer Comparison

Performance vs sector and industry peers across 40 metrics.

Peer Comparison: 2.6 / 5 (Adequate) against 111 sector peers in United States · Micro Cap · Industrials
Pillars: strongest Cash Flow Quality 4.3, weakest Returns Overview 1.8 (9 of 10 ranked)
Ranks: ROIC 29th percentile, operating margin 25th percentile

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Forward Air Corporation

FWRD|Industrials|Integrated Freight & Logistics

Comparing against 111 sector peers in United States · Micro Cap · Industrials

Peer Comparison

Dimension 2 of 5

Revenue Growth

38%ile

-0.1%

Operating Margin

25%ile

-6.7%

ROIC

29%ile

-7.9%

FCF Yield

88%ile

10.1%

Growth & Cash Flow Quality

Percentile ranking across profitability growth and cash generation

EBITDA Growth

-143.1%

EBIT Growth

-334.6%

Net Income Growth

65.4%

OCF Growth

73.7%

FCF Growth

643.8%

Income Quality

-0.21

Returns on Capital (TTM)

ROE(-523.4%)

0%ile

Bottom 20%

PoorWeakAdequateStrongExceptional

ROCE(-8.6%)

27%ile

Below Avg

PoorWeakAdequateStrongExceptional

ROA(-11.9%)

22%ile

Below Avg

PoorWeakAdequateStrongExceptional

ROIC(-7.9%)

29%ile

Below Avg

PoorWeakAdequateStrongExceptional

Profit Margins (TTM)

Gross Margin(10.6%)

21%ile

Below Avg

PoorWeakAdequateStrongExceptional

EBITDA Margin(-4.3%)

21%ile

Below Avg

PoorWeakAdequateStrongExceptional

Operating Margin(-6.7%)

25%ile

Below Avg

PoorWeakAdequateStrongExceptional

Net Margin(-11.4%)

23%ile

Below Avg

PoorWeakAdequateStrongExceptional

Leverage & Coverage (TTM)

Debt/Equity

72%ile

0.06

Debt/Capital

72%ile

0.06

Net Debt/EBITDA

8%ile

-18.3

Interest Coverage

34%ile

-1.87x

Liquidity (TTM)

Current Ratio

22%ile

1.32

Quick Ratio

41%ile

1.32

Cash Ratio

43%ile

0.32

WC Turnover

97%ile

20.8

Operational Efficiency (TTM)

Asset Turnover

69%ile

1.04

DSO

56%ile

54.4

Days Inventory

84%ile

0.00

Cash Conv. Cycle

74%ile

35.2

TTM: Trailing Twelve Months · EBITDA: Earnings Before Interest, Taxes, Depreciation & Amortization · EBIT: Earnings Before Interest & Taxes · ROA: Return on Assets · ROIC: Return on Invested Capital · ROCE: Return on Capital Employed · ROE: Return on Equity · OCF: Operating Cash Flow · FCF: Free Cash Flow · DSO: Days Sales Outstanding · WC: Working Capital

See the complete picture

The full 5D Framework: Business Quality · Peer Comparison · Valuation · Analyst Sentiment · Smart Money

Explore FWRD on stockoscope.com→

Generated September 22, 2026

For educational purposes only. Not financial advice. Data may be delayed or incomplete.

111 sector peers (United States · Micro Cap · Industrials)

Relative Quality

FWRD Relative Quality Score

Ranked against 111 sector peers in United States · Micro Cap · Industrials

Relative Quality

2.6/5

Adequate

vs 111 sector peers

Peer Rankings (9 of 10 available)

Relative Quality Score of 2.62/5 (Adequate) based on percentile rankings against 111 sector peers in United States · Micro Cap · Industrials. Each pillar shows a 1-5 score plus the cohort percentile (e.g. 95p = top 5%); higher percentiles indicate stronger relative performance.Last updated September 22, 2026.

Top-Line and Profit Growth

How does the company's growth rate compare to peers?

Revenue Growth

38th percentile, Weak

Value: -0.11%
Percentile: 38%
Score: 2/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm revenue growth of -0.11% and ranks at the 38th percentile vs United States · Industrials sector peers. Below average financial performance.

Margin Efficiency

Does the company maintain better profit margins than peers?

Gross Margin

21st percentile, Weak

Value: 10.64%
Percentile: 21%
Score: 2/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm gross margin of 10.64% and ranks at the 21st percentile vs United States · Industrials sector peers. Below average financial performance.

Operational Efficiency

Is the company more operationally efficient than competitors?

Asset Turnover

69th percentile, Strong

Value: 1.04
Percentile: 69%
Score: 4/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm asset turnover of 1.04 and ranks at the 69th percentile vs United States · Industrials sector peers. Strong financial performance.

Returns Overview

Does the company generate better returns on capital than peers?

ROA

22nd percentile, Weak

Value: -11.87%
Percentile: 22%
Score: 2/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm roa of -11.87% and ranks at the 22nd percentile vs United States · Industrials sector peers. Below average financial performance.

Cash Flow Quality

How does the company's cash generation compare to peers?

Operating Cash Flow Growth

81st percentile, Exceptional

Value: 73.65%
Percentile: 81%
Score: 5/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm operating cash flow growth of 73.65% and ranks at the 81st percentile vs United States · Industrials sector peers. Top-tier financial performance.

Liquidity and Working Capital

Does the company maintain better liquidity positions than competitors?

Cash Ratio

43rd percentile, Adequate

Value: 0.32
Percentile: 43%
Score: 3/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm cash ratio of 0.32 and ranks at the 43rd percentile vs United States · Industrials sector peers. Adequate financial performance.

Leverage and Coverage

Is the company's debt burden more manageable than peers?

Debt to Capital

72nd percentile, Strong

Value: 0.06
Percentile: 72%
Score: 4/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm debt-to-capital of 0.06 and ranks at the 72nd percentile vs United States · Industrials sector peers. Strong financial performance.

Valuation Multiples

Is the company's stock valuation attractive relative to peers?

P / E Ratio

Insufficient peer data

Value: -1.69
Percentile: n/a
Score: n/a

PoorWeakAdequateStrongExceptional

Analysis

Not enough peer data to rank FWRD for ttm p/e ratio in this cohort.

Dividend and Shareholder Yield

Does the company deliver superior income to shareholders compared to peers?

Dividend Yield

30th percentile, Weak

Value: 0.00%
Percentile: 30%
Score: 2/5

PoorWeakAdequateStrongExceptional

Analysis

FWRD has a ttm dividend yield of 0.00% and ranks at the 30th percentile vs United States · Industrials sector peers. Below average financial performance.

Peer companies

The 111 companies FWRD is compared against across its sector and industry cohorts.

Forward Air Corporation· FWRD

Peer Comparison

Top-Line and Profit Growth

Per-Share Fundamentals

Margin Efficiency

Operational Efficiency

Returns Overview

Cash Flow Quality

Liquidity and Working Capital

Leverage and Coverage

Valuation Multiples

Dividend and Shareholder Yield

Peer companies

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Peer Comparison

Top-Line and Profit Growth

Per-Share Fundamentals

Margin Efficiency

Operational Efficiency

Returns Overview

Cash Flow Quality

Liquidity and Working Capital

Leverage and Coverage

Valuation Multiples

Dividend and Shareholder Yield

Peer companies