Number of shares outstanding for Forward Air (FWRD)

Number of shares outstanding as of December 2025 : 31,250,000

According to Forward Air's latest financial reports and stock price the company's current number of shares outstanding is 31,250,000. At the end of 2025 the company had 31,250,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Forward Air from 2005 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	31.25 M	6.41%
2024	29.36 M	13.73%
2023	25.82 M	-3.18%
2022	26.67 M	-1.79%
2021	27.15 M	3.91%
2020	26.13 M	-7%
2019	28.1 M	-2.45%
2018	28.8 M	-3.08%
2017	29.72 M	-1.74%
2016	30.25 M	-2.32%
2015	30.97 M	2.39%
2014	30.24 M	-0.79%
2013	30.49 M	4.45%
2012	29.19 M	-0.16%
2011	29.23 M	0.82%
2010	29 M	0.2%
2009	28.94 M	0.25%
2008	28.87 M	-2.04%
2007	29.47 M	-4.51%
2006	30.86 M	-2.79%
2005	31.75 M

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
Expeditors EXPD	134,956,000	331.86%	🇺🇸 USA
FedEx FDX	238,000,000	661.60%	🇺🇸 USA
Saia SAIA	26,745,000	-14.42%	🇺🇸 USA
Old Dominion Freight Line ODFL	209,850,000	571.52%	🇺🇸 USA
ArcBest ARCB	22,718,292	-27.30%	🇺🇸 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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