FWRD (Forward Air) Net Interest Income: $-177 Mil (TTM As of Jun. 2026)

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FWRD Forward Air Corp FWRD
60 GF Score
Price $18.10
GF Value $27.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Forward Air Net Interest Income?

Forward Air FWRD +1.80% 60 Net Interest Income is $-177 Mil as of Jun. 2026. GuruFocus rates FWRD with a GF Score™ of 60/100 and a GF Value™ of $27.51 (Possible Value Trap). The stock has 7 warning signs investors should review.

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors. Forward Air's net interest income for the three months ended in Jun. 2026 was $-44 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jun. 2026 was $-177 Mil.

Forward Air Net Interest Income Related Terms

Forward Air Net Interest Income Historical Data

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The historical data trend for Forward Air's Net Interest Income 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 Net Interest Income Chart

Forward Air Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Interest Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.34 -5.14 -31.57 -189.22 -180.75

Forward Air Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Interest Income 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 -45.33 -44.78 -45.10 -43.59 -43.72
FWRD
60GF Score
Forward Air Corp FWRD
Net Interest Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Air Net Interest Income Calculation

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors.

Net Interest Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-177 Mil.

* 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.

Frequently Asked Questions Learn more about Net Interest Income →
What does a Net Interest Income of $-177 Mil mean?
Forward Air (FWRD) has a Net Interest Income of $-177 Mil as of Jun. 2026.
Is Forward Air's Net Interest Income too high?
Forward Air's current Net Interest Income is $-177 Mil. 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 Net Interest Income compare to RLGT and CYRX?
Forward Air's Net Interest Income of $-177 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 Net Interest Income for a Transportation company?
A good Net Interest Income depends on the Transportation industry context. However, Net Interest Income 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 Net Interest Income mean?
A high Net Interest Income can signal that a stock is expensive relative to its fundamentals. Forward Air's current Net Interest Income is $-177 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 $27.51, compared to a current price of $18.10 — trading 34.2% below its estimated fair value. The current Net Interest Income is $-177 Mil. 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 Net Interest Income calculated?
Net Interest Income is calculated from a company's financial statements. For Forward Air (FWRD), the current Net Interest Income is $-177 Mil 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 $18.10 is trading 34.2% below its estimated GF Value™ of $27.51. GuruFocus considers Forward Air to be Possible Value Trap.

Key valuation signals for FWRD:

  • Net Interest Income: $-177 Mil
  • GF Value™: $27.51 vs. price of $18.10 (34.2% below fair value)
  • GF Score™: 60/100 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.
60GF Score

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Net Interest Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.10
Price
$27.51
GF Value