Forward Air (FWRD) - Market capitalization

Market cap: NZ$1.40 Billion

As of December 2025 Forward Air has a market cap of NZ$1.40 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	NZ$1.40 B	-9.19%
2024	NZ$1.54 B	-39.35%
2023	NZ$2.55 B	-41.92%
2022	NZ$4.39 B	-8.08%
2021	NZ$4.77 B	63.14%
2020	NZ$2.92 B	0.11%
2019	NZ$2.92 B	22.54%
2018	NZ$2.38 B	-0.83%
2017	NZ$2.40 B	15.33%
2016	NZ$2.08 B	8.77%
2015	NZ$1.91 B	-1.32%
2014	NZ$1.94 B	19.26%
2013	NZ$1.63 B	31.26%
2012	NZ$1.24 B	5.98%
2011	NZ$1.17 B	9.77%
2010	NZ$1.06 B	7.04%
2009	NZ$0.99 B	-17.59%
2008	NZ$1.21 B	3.85%
2007	NZ$1.16 B	-6.53%
2006	NZ$1.24 B	-25.83%
2005	NZ$1.68 B	24.22%
2004	NZ$1.35 B	48.86%
2003	NZ$0.90 B	15.56%
2002	NZ$0.78 B	-55.48%
2001	NZ$1.76 B	-1.5%
2000	NZ$1.79 B	56.34%
1999	NZ$1.14 B	412.51%
1998	NZ$0.22 B	-11.04%
1997	NZ$0.25 B	199.1%
1996	NZ$84.16 M

End of Day market cap according to different sources

On Dec 5th, 2025 the market cap of Forward Air was reported to be:

NZ$1.40 Billion

by Nasdaq

NZ$1.40 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Expeditors EXPD	NZ$35.69 B	2,440.04%	🇺🇸 USA
FedEx FDX	NZ$112.36 B	7,896.77%	🇺🇸 USA
Saia SAIA	NZ$15.30 B	989.34%	🇺🇸 USA
Old Dominion Freight Line ODFL	NZ$56.61 B	3,928.96%	🇺🇸 USA
ArcBest ARCB	NZ$2.80 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: NZ$1.40 Billion