Forward Air (FWRD) Price to Earnings (2010 - 2024)
Forward Air's (FWRD) Price to Earnings was 11.87 for Q1 2024, down 21.0% from 15.02 a year earlier but up 23.1% from the prior quarter.
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Analysis
Forward Air (FWRD) Price to Earnings (2010 - 2024) Analysis & Trends
For FY2023, Price to Earnings at Forward Air was 9.64, down 32.9% from FY2022.
- Price to Earnings has declined for three consecutive years.
- By year, Price to Earnings came in at 14.37 in FY2022 (-53.4%), 30.85 in FY2021 (-65.1%), 88.44 in FY2020 (+295.4%) and 22.37 in FY2019 (+31.5%).
- Five-year quarterly Price to Earnings spans a low of 9.64 in Q4 2023 and a high of 91.42 in Q1 2021.
- Year over year, Price to Earnings gained in two of the last eight quarters, with an average decline of 26.6%.
- The high point for year-over-year Price to Earnings in five years was Q1 2021 (growth of 402.6%); the low point was Q1 2022 (a decline of 79.1%).
- Per Business Quant data, the three quarters before Q1 2024 came in at 9.64 (Q4 2023), 16.25 (Q3 2023) and 18.07 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - |
| 10 | Forward Air | 536.74 Mn | 2.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 11.87 |
| Dec 31, 2023 | 9.64 |
| Sep 30, 2023 | 16.25 |
| Jun 30, 2023 | 18.07 |
| Mar 31, 2023 | 15.02 |
| Dec 31, 2022 | 14.37 |
| Sep 30, 2022 | 12.58 |
| Jun 30, 2022 | 15.25 |
| Mar 31, 2022 | 19.12 |
| Dec 31, 2021 | 30.85 |
| Sep 30, 2021 | 36.72 |
| Jun 30, 2021 | 45.02 |
| Mar 31, 2021 | 91.42 |
| Dec 31, 2020 | 88.44 |
| Sep 30, 2020 | 29.88 |
| Jun 30, 2020 | 23.86 |
| Mar 31, 2020 | 18.19 |
| Dec 31, 2019 | 22.37 |
| Sep 30, 2019 | 19.63 |
| Jun 30, 2019 | 18.28 |
API Access
Forward Air Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=FWRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "FWRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();