Forward Air Corp (FWRD) stock
FWRDNasdaqArrangement of Transportation of Freight & CargoFiscal year ends December 31
$17.39+0.23 (+1.34%)
Close on Nov 13, 2026Market cap $587.45MP/E –Yield 0.00%
Forward Air enterprise value
Enterprise value is market cap plus debt, minus cash: the value of the whole business to all its investors.
Forward Air's enterprise value was $2.13B on Nov 11, 2026, against $2.33B a year earlier. Over the last 5 years it ranged from $455.94M to $3.38B, with a median of $2.49B.
Enterprise Value at the end of each year
| Period | Period end | Value | Change |
|---|---|---|---|
| 2026 | Nov 11, 2026 | $2.13B | -11.2% |
| 2025 | Dec 31, 2025 | $2.40B | -7.4% |
| 2024 | Dec 31, 2024 | $2.59B | +50.8% |
| 2023 | Dec 29, 2023 | $1.72B | -39.8% |
| 2022 | Dec 30, 2022 | $2.85B | -15.6% |
| 2021 | Dec 31, 2021 | $3.38B | +55.6% |
| 2020 | Dec 31, 2020 | $2.17B | +8.9% |
| 2019 | Dec 31, 2019 | $1.99B | +20.7% |
| 2018 | Dec 31, 2018 | $1.65B | -4.3% |
| 2017 | Dec 29, 2017 | $1.73B | +17.7% |
| 2016 | Dec 30, 2016 | $1.47B | +7.1% |
| 2015 | Dec 31, 2015 | $1.37B | -8.8% |
| 2014 | Dec 31, 2014 | $1.50B | +21.3% |
| 2013 | Dec 31, 2013 | $1.24B | +33.1% |
| 2012 | Dec 31, 2012 | $929.43M | +3.7% |
| 2011 | Dec 30, 2011 | $896.63M | +10.5% |
| 2010 | Dec 31, 2010 | $811.56M | – |
| 2009 | Dec 31, 2009 | -$21.37M | – |
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