Forward Air Corporation
Forward Air Corporation (FWRD) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
fwrd · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Forward Air Corporation (FWRD) measures how much investors pay for each dollar of the company's trailing earnings. FWRD's current PE ratio of N/A is calculated by dividing its stock price of $11.50 by its TTM earnings per share of -$2.95.
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2006 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 18 fiscal years · Front-end computedMinQ1 · 25%22.3x
MedianQ3 · 75%89.5x
Max
At N/A, FWRD's current P/E is lower than in 0% of its annual fiscal year readings over the past 18 years — historically low.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Integrated Freight & Logistics · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Forward Air CorporationYou FWRD | $364M | N/A | — | -$2.95 |
 Aspen Aerogels, Inc. ASPN | $467M | N/A | — | -$4.71 |
 Compass Diversified CODI | $780M | N/A | — | -$3.05 |
 Cryoport, Inc. CYRX | $780M | 6.14x | — | $1.56 |
 EHang Holdings Limited EH | $319M | N/A | — | -$7.54 |
 FTAI Infrastructure Inc. FIP | $534M | N/A | — | -$0.93 |
 Heartland Express, Inc. HTLD | $1.3B | N/A | — | -$0.67 |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | — | $-3.48 | — | |
2024-12-31 FY2024 | — | $-29.66 | — | |
2023-12-31 FY2023 | 9.73x | $6.46 | -33.1% | |
2022-12-31 FY2022 | 14.54x | $7.21 | -53.2% | |
2021-12-31 FY2021 | 31.06x | $3.90 | -65.3% | |
2020-12-31 FY2020 | 89.46x | $0.86 | +295.1% | |
2019-12-31 FY2019 | 22.64x | $3.09 | +30.7% | |
2018-12-31 FY2018 | 17.33x | $3.17 | -12.5% | |
2017-12-31 FY2017 | 19.81x | $2.90 | -62.0% | |
2016-12-31 FY2016 | 52.07x | $0.91 | +117.9% |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Forward Air Corporation (FWRD) measures how much investors pay for each dollar of the company's trailing earnings. FWRD's current PE ratio of N/A is calculated by dividing its stock price of $11.50 by its TTM earnings per share of -$2.95.
Frequently asked questions
FWRD pe ratio · 6 questionsFWRD's current PE ratio is N/A as of 2026-06-08, based on a stock price of $11.50 and TTM EPS of -$2.95. Data sourced from Financial Modeling Prep via FWRD's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Forward Air Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08