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FWRD (Forward Air) Market Cap : $951 Mil (As of Dec. 15, 2024)


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What is Forward Air Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Forward Air's share price for the quarter that ended in Sep. 2024 was $35.4. Forward Air's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 29 Mil. Therefore, Forward Air's market cap for the quarter that ended in Sep. 2024 was $1,016 Mil.

Forward Air's quarterly market cap declined from Mar. 2024 ($822 Mil) to Jun. 2024 ($527 Mil) but then increased from Jun. 2024 ($527 Mil) to Sep. 2024 ($1,016 Mil).

Forward Air's annual market cap declined from Dec. 2021 ($3,266 Mil) to Dec. 2022 ($2,776 Mil) and declined from Dec. 2022 ($2,776 Mil) to Dec. 2023 ($1,614 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Forward Air's Enterprise Value for Today is $2,902 Mil.


Forward Air Market Cap Historical Data

The historical data trend for Forward Air's Market Cap 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.

* Premium members only.

Forward Air Market Cap Chart

Forward Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,948.12 2,098.99 3,265.65 2,775.53 1,613.92

Forward Air Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 1,764.01 1,613.92 822.50 527.39 1,015.60

Competitive Comparison of Forward Air's Market Cap

For the Integrated Freight & Logistics subindustry, Forward Air's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Forward Air's Market Cap distribution charts can be found below:

* The bar in red indicates where Forward Air's Market Cap falls into.



Forward Air Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Forward Air's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$62.87*25.6707
=$1,614

Forward Air's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$35.4*28.6892
=$1,016

* 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  (NAS:FWRD) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Forward Air Market Cap Related Terms

Thank you for viewing the detailed overview of Forward Air's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


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. The company generates maximum revenue from the Expedited Freight 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 the United States, Canada, and Mexico.
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
Valerie A Bonebrake director 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745