Company / Tangible Book Value per Share
Forward Air Corp. Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
-$13.76
FY2025
5-year range
-$13.76 / $18.35
FY2021-FY2025
Trend
-10.0%
vs FY2024
Sector context
#341 of 353
Industrials
What the data says
Among 353 Industrials companies, Forward Air Corp. is in the bottom 3% for tangible book value per share. Tangible Book Value per Share has fluctuated over the past 10 years, ranging from $-13.76 in FY2025 to $18.35 in FY2023.
Based on SEC 10-K filings.
-13.76 in FY2025.
Declined from $18.35 to $-13.76 over the past 2 years.
Industrials sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in IndustrialsTop 97% of 353This company -$13.76 Sector average $1428.50
▼
-101.0% below sector average
Key checks
Key Insights
- In FY2025, tangible book value per share decreased 10.0% year-over-year.
- Ranks #341 out of 353 companies in the Industrials sector.
- Peak tangible book value per share was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$13.76 | -10.0% |
| FY2024 | -$12.50 | -168.1% |
| FY2023 | $18.35 | +76.4% |
| FY2022 | $10.40 | -24.2% |
| FY2021 | $13.73 | +26.5% |
| FY2020 | $10.86 | -14.3% |
| FY2019 | $12.67 | +3.8% |
| FY2018 | $12.21 | +7.7% |
| FY2017 | $11.33 | +10.4% |
| FY2016 | $10.27 | +2.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026