Forward Air (FWRD) FCF Payout Ratio (2009 - 2023)
Forward Air's (FWRD) quarterly FCF Payout Ratio came in at 0.13 in Q4 2023, down 21.12% YoY from 0.16 in Q4 2022, and down 61.15% on a QoQ basis from 0.33 in Q3 2023.
Forward Air (FWRD) FCF Payout Ratio (2009 - 2023) Analysis & Trends
Forward Air (FWRD) has 15 years of FCF Payout Ratio data on file, last reported at 0.13 in Q4 2023.
- Quarterly FCF Payout Ratio fell 21.12% year-over-year to 0.13 in Q4 2023, while the trailing twelve-month figure through Sep 2024 was 0.23 (down 243.61% YoY) and the FY2023 annual result came in at 0.15, up 20.97% from the prior year.
- FCF Payout Ratio eased to 0.13 in Q4 2023, from 0.33 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.02 in Q4 2020 to a low of 0.06 in Q3 2020.
- A 5-year average of 0.23 and a median of 0.16 in 2022 frame the typical range for FCF Payout Ratio.
- The widest YoY moves for FCF Payout Ratio: up 679.79% in 2020, down 144.04% in 2020.
- Tracing FWRD's FCF Payout Ratio over 5 years: stood at 0.13 in 2019, then soared by 679.79% to 1.02 in 2020, then slumped by 75.04% to 0.25 in 2021, then tumbled by 36.07% to 0.16 in 2022, then fell by 21.12% to 0.13 in 2023.
- The last three FCF Payout Ratio figures came in at 0.13 (Q4 2023), 0.33 (Q3 2023), and 0.14 (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | 8.17 |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | 0.19 |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | 0.17 |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | 0.63 |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | - |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | 3.33 |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | -0.25 |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | - |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | 0.10 |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.14 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.19 |
| Jun 30, 2021 | 0.25 |
| Mar 31, 2021 | 0.41 |
| Dec 31, 2020 | 1.02 |
| Sep 30, 2020 | -0.06 |
| Jun 30, 2020 | 0.17 |
| Mar 31, 2020 | 0.18 |
| Dec 31, 2019 | 0.13 |
| Sep 30, 2019 | 0.15 |
| Jun 30, 2019 | 0.47 |
| Mar 31, 2019 | 0.14 |