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Forward AirFWRD -3.36%60 3-Year FCF Growth Rate is -60.70% as of Jun. 2026. GuruFocus rates FWRD with a GF Score™ of 60/100 and a GF Value™ of $27.49 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 654 Transportation companies, Forward Air ranks worse than 92.35% on this metric.
During the past 12 months, Forward Air's average Free Cash Flow per Share Growth Rate was 437.20% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was -60.70% 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 -60.70% per year. And the median was 8.85% per year.
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
FWRD vs SERV, RLGT, CYRX: 3-Year FCF Growth Rate Comparison
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 3-Year FCF Growth Rate vs 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.
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.
What does a 3-Year FCF Growth Rate of -60.70% mean?
Forward Air (FWRD) has a 3-Year FCF Growth Rate of -60.70% as of Jun. 2026. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Forward Air and its competitors. According to the industry distribution chart, Forward Air ranks #604 out of 654 companies in the Transportation industry, placing it in the top 92.4%.
Is Forward Air's 3-Year FCF Growth Rate too high?
Forward Air's current 3-Year FCF Growth Rate is -60.70%. Based on the distribution chart, Forward Air ranks #604 out of 654 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Forward Air has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Air's 3-Year FCF Growth Rate compare to SERV and RLGT?
According to the Transportation industry distribution chart, Forward Air ranks #604 out of 654 companies for 3-Year FCF Growth Rate. This places Forward Air in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year FCF Growth Rate for a Transportation company?
A good 3-Year FCF Growth Rate depends on the Transportation industry context. However, 3-Year FCF Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year FCF Growth Rate mean?
A high 3-Year FCF Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Forward Air and its competitors. Forward Air's current 3-Year FCF Growth Rate is -60.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Air stock overvalued right now?
Based on GuruFocus' analysis, Forward Air (FWRD) is currently considered Possible Value Trap. The stock's GF Value™ is $27.49, compared to a current price of $17.27 — trading 37.2% below its estimated fair value. The current 3-Year FCF Growth Rate is -60.70%. Forward Air's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year FCF Growth Rate calculated?
3-Year FCF Growth Rate is calculated from a company's financial statements. For Forward Air (FWRD), the current 3-Year FCF Growth Rate is -60.70% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forward Air (FWRD) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Air stock appears to be undervalued.
The current stock price of $17.27 is trading 37.2% below its estimated GF Value™ of $27.49.
GuruFocus considers Forward Air to be Possible Value Trap.
Key valuation signals for FWRD:
3-Year FCF Growth Rate: -60.70%
GF Value™: $27.49 vs. price of $17.27 (37.2% below fair value)
No single metric tells the full story. See the FWRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The 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. The Company conducts business in North and South America, Europe, and Asia.
60GF Score
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