Forward Air (FWRD) - Market capitalization

Market cap: HK$6.30 Billion

As of December 2025 Forward Air has a market cap of HK$6.30 Billion. This makes Forward Air the world's 6332th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Forward Air from 1996 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	HK$6.30 B	-7.01%
2024	HK$6.77 B	-46.23%
2023	HK$12.60 B	-42.18%
2022	HK$21.79 B	-14.39%
2021	HK$25.45 B	55.34%
2020	HK$16.38 B	6.76%
2019	HK$15.34 B	22.36%
2018	HK$12.54 B	-6.12%
2017	HK$13.36 B	19.14%
2016	HK$11.21 B	10.14%
2015	HK$10.18 B	-13.86%
2014	HK$11.82 B	13.74%
2013	HK$10.39 B	31.18%
2012	HK$7.92 B	11.49%
2011	HK$7.10 B	10.83%
2010	HK$6.41 B	14.12%
2009	HK$5.61 B	3.5%
2008	HK$5.42 B	-22.03%
2007	HK$6.96 B	1.88%
2006	HK$6.83 B	-23.31%
2005	HK$8.91 B	18.72%
2004	HK$7.50 B	63.82%
2003	HK$4.58 B	42.67%
2002	HK$3.21 B	-43.88%
2001	HK$5.72 B	-7.72%
2000	HK$6.20 B	33.09%
1999	HK$4.66 B	409.62%
1998	HK$0.91 B	-19.23%
1997	HK$1.13 B	146.14%
1996	HK$0.45 B

End of Day market cap according to different sources

On Dec 4th, 2025 the market cap of Forward Air was reported to be:

HK$6.21 Billion

by Nasdaq

HK$6.21 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Expeditors EXPD	HK$160.03 B	2,440.04%	🇺🇸 USA
FedEx FDX	HK$503.82 B	7,896.77%	🇺🇸 USA
Saia SAIA	HK$68.63 B	989.34%	🇺🇸 USA
Old Dominion Freight Line ODFL	HK$253.83 B	3,928.96%	🇺🇸 USA
ArcBest ARCB	HK$12.59 B	99.91%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Forward Air (FWRD)

Market cap: HK$6.30 Billion