What one share of Forward Air holds
Forward Air Corporation (“Forward”, the “Company”, “we”, “our”, or “us”) is a leading asset-light provider of transportation services. We provide ground transportation, air and ocean forwarding, intermodal drayage services and contract logistics across North and South America, Europe and Asia.
Forward Air’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $79.76 |
|---|---|
| Profit | −$9.06 |
| Capex (buildings and equipment) | $0.72 |
| Cash and investments | $4.13 |
| Debt | $51.14 |
| Book value | −$3.42 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2008 | $16.35 | $1.47 | $0.92 | $1.12 | $0.28 | $7.51 |
| 2009 | $14.40 | $0.34 | $0.72 | $1.01 | $0.28 | $7.75 |
| 2010 | $16.62 | $1.10 | $0.52 | $1.33 | $0.28 | $8.82 |
| 2011 | $18.22 | $1.60 | $0.72 | $1.89 | $0.28 | $10.05 |
| 2012 | $19.79 | $1.78 | $0.72 | $1.60 | $0.34 | $12.05 |
| 2013 | $21.21 | $1.77 | $1.15 | $1.80 | $0.40 | $14.28 |
| 2014 | $25.13 | $1.97 | $1.27 | $1.68 | $0.48 | $15.32 |
| 2015 | $30.90 | $1.79 | $1.30 | $1.46 | $0.48 | $16.68 |
| 2016 | $33.84 | $0.90 | $1.39 | $2.90 | $0.51 | $16.56 |
| 2017 | $39.02 | $2.91 | $1.28 | $2.17 | $0.60 | $18.09 |
| 2018 | $38.97 | $3.15 | $1.36 | $3.87 | $0.63 | $19.39 |
| 2019 | $42.93 | $3.08 | $0.78 | $4.84 | $0.72 | $20.72 |
| 2020 | $45.84 | $0.86 | $0.73 | $2.74 | $0.75 | $20.04 |
| 2021 | $50.83 | $3.88 | $1.41 | $3.01 | $0.84 | $22.01 |
| 2022 | $62.38 | $7.17 | $1.46 | $7.83 | $0.96 | $26.73 |
| 2023 | $52.71 | $6.44 | $1.18 | $6.48 | $0.96 | $29.77 |
| 2024 | $89.84 | −$30.40 | $1.35 | −$3.85 | $0.00 | $6.78 |
| 2025 | $81.23 | −$3.51 | $0.95 | $0.50 | $0.00 | $3.62 |
Common questions about Forward Air
How much does one share of Forward Air earn?
Over the last 12 months, Forward Air lost $9.06 for each share on $79.76 of sales.
Does Forward Air pay a dividend?
Forward Air didn’t pay a dividend over the last 12 months, according to its SEC filings.
What is Forward Air’s book value per share?
Forward Air’s book value is negative (−$3.42 per share): it owes more than everything it owns is recorded at, often after years of buying back its own shares, as of June 30, 2026.
How much cash and debt does each share of Forward Air have?
Each share of Forward Air has $4.13 of cash and investments and $51.14 of debt, as of June 30, 2026.
Has Forward Air bought back shares?
Forward Air’s share count rose about 6% from 2008 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.