FWRD (Forward Air) Ending Cash Position: $141 Mil (As of Mar. 2026)

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FWRD Forward Air Corp FWRD
56 GF Score
Price $14.67
GF Value $32.72
Valuation Possible Value Trap
! 7 Warning Signs
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What is Forward Air Ending Cash Position?

Forward Air FWRD +4.38% 56 Ending Cash Position is $141 Mil as of Mar. 2026. GuruFocus rates FWRD with a GF Score™ of 56/100 and a GF Value™ of $32.72 (Possible Value Trap). The stock has 7 warning signs investors should review.

Forward Air's Ending Cash Position for the quarter that ended in Mar. 2026 was $141 Mil.

Forward Air's quarterly Ending Cash Position declined from Sep. 2025 ($140 Mil) to Dec. 2025 ($106 Mil) but then increased from Dec. 2025 ($106 Mil) to Mar. 2026 ($141 Mil).

Forward Air's annual Ending Cash Position declined from Dec. 2023 ($1,952 Mil) to Dec. 2024 ($105 Mil) but then increased from Dec. 2024 ($105 Mil) to Dec. 2025 ($106 Mil).

Forward Air Ending Cash Position Related Terms

Forward Air Ending Cash Position Historical Data

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The historical data trend for Forward Air's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forward Air Ending Cash Position Chart

Forward Air Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.32 45.82 1,952.07 105.27 106.00

Forward Air Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.67 95.31 140.35 106.00 141.02
FWRD
56GF Score
Forward Air Corp FWRD
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Air Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Forward Air's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=105.266+0.73
=106

Forward Air's Ending Cash Position for the quarter that ended in Mar. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=105.996+35.026
=141

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $141 Mil mean?
Forward Air (FWRD) has a Ending Cash Position of $141 Mil as of Mar. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Forward Air and its competitors.
Is Forward Air's Ending Cash Position too high?
Forward Air's current Ending Cash Position is $141 Mil. Overall, Forward Air has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Air's Ending Cash Position compare to RLGT and CYRX?
Forward Air's Ending Cash Position of $141 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Transportation company?
A good Ending Cash Position depends on the Transportation industry context. However, Ending Cash Position 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Forward Air and its competitors. Forward Air's current Ending Cash Position is $141 Mil. 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 $32.72, compared to a current price of $14.67 — trading 55.2% below its estimated fair value. The current Ending Cash Position is $141 Mil. Forward Air's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Forward Air (FWRD), the current Ending Cash Position is $141 Mil as of Mar. 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 $14.67 is trading 55.2% below its estimated GF Value™ of $32.72. GuruFocus considers Forward Air to be Possible Value Trap.

Key valuation signals for FWRD:

  • Ending Cash Position: $141 Mil
  • GF Value™: $32.72 vs. price of $14.67 (55.2% below fair value)
  • GF Score™: 56/100 with 7 warning signs

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 Business Description

Address 3200 Olympus Boulevard, Suite 300, Dallas, TX, USA, 75019
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.
56GF Score

Get the complete analysis for FWRD

Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.67
Price
$32.72
GF Value