Forward Air Corporation (FWRD) Stock Score, Valuation & Financial Research
Forward Air Corporation is in the Industrials sector and Integrated Freight & Logistics industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 21/100.
Quick answer for FWRD
Forward Air Corporation currently has a Wall Street Score of 21/100. The stored market price is $16.69. Its financial score is 9/100. Its valuation score is 0/100. The latest WSS change is +0.3 points. These figures are a research snapshot, not a buy or sell recommendation.
What Forward Air Corporation does
Forward Air Corporation, including its various subsidiaries, functions as a streamlined transportation and logistics enterprise throughout the United States and Canada, operating with an asset-light model. The company's business is structured into two principal divisions: Expedited Freight and Intermodal. The Expedited Freight segment delivers time-sensitive regional, inter-regional, and national less-than-truckload (LTL) services, complemented by local collection and delivery capabilities. This comprehensive segment also extends to final-mile services, full truckload transport, cargo consolidation and deconsolidation, storage solutions, customs brokerage, and general freight handling. Furthermore, it encompasses expedited truckload brokerage, dedicated fleet operations, and specialized logistics for high-security or temperature-sensitive goods. The Intermodal segment primarily focuses o
FWRD financial snapshot
- Wall Street Score:
- 21/100
- Current price:
- $16.69
- Market capitalization:
- $527.8M
- Revenue:
- $2.52B
- Net income:
- $-286.2M
- Free cash flow:
- $15.3M
- Cash:
- $139.4M
- Total debt:
- $2.11B
- EPS:
- -8.92
- Financial score:
- 9/100
- Valuation score:
- 0/100
- Revenue score:
- 41/100
What stands out
- Reported year-over-year revenue growth is +0.0%.
- Free cash flow is $15.3M, showing positive cash generation.
- The balance sheet shows $139.4M of cash versus $2.11B of total debt, so leverage deserves attention.
- The latest Wall Street Score change is +0.3 points: FWRD increased 0.3 points because Asset improved by 3 points.
What the numbers mean
Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.
The financial score is 9/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.
A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.
Data freshness: Financial data last refreshed 2026-09-04.
How to research FWRD
Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.
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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.