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Forward Air (Forward Air) 3-Year FCF Growth Rate : 35.60% (As of Dec. 2023)


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What is Forward Air 3-Year FCF Growth Rate?

Forward Air's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.57.

During the past 12 months, Forward Air's average Free Cash Flow per Share Growth Rate was -29.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 35.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 11.60% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Forward Air was 38.50% per year. The lowest was -16.30% per year. And the median was 9.00% per year.


Competitive Comparison of Forward Air's 3-Year FCF Growth Rate

For the Integrated Freight & Logistics subindustry, Forward Air's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forward Air's 3-Year FCF Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Forward Air's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Forward Air's 3-Year FCF Growth Rate falls into.



Forward Air 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Forward Air  (NAS:FWRD) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Forward Air 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Forward Air's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Forward Air (Forward Air) Business Description

Traded in Other Exchanges
N/A
Address
1915 Snapps Ferry Road, Building N, Greeneville, TN, USA, 37745
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight and Intermodal. It generates maximum revenue from the Expedited Freight segment. Expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.
Executives
Chris C Ruble officer: Sr. Vice President, Operations PO BOX 1058, GREENVILLIE TN 37744
Kyle R Mitchin officer: Senior VP, Human Resources 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Nancee L Ronning officer: Chief Commercial Officer 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Javier Polit director 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Craig Carlock director C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
George M Lynch director 2566 KENT RIDGE COURT, BLOOMFIELD HILLS MI 48025
C Robert Campbell director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Michael L Hance officer: Senior VP, CLO and Secretary 430 AIRPORT ROAD, GREENEVILLE TN 37745
Chitra Nayak director 1400 16TH STREET, SAN FRANCISCO CA 94103
Thomas Schmitt officer: President & CEO 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Ronald W Allen director P O BOX 1734, ATLANTA GA 30301
Laurie Anne Tucker director 65 MARYS CREEK COVE NORTH, EADS TN 38028
Scott M Niswonger director, 10 percent owner, officer: CEO & Chairman 165 MADISON AVENUE, MEMPHIS TN 38103
Rebecca J Garbrick officer: CAO, VP and Controller 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745