Acacia Research Corporation (ACTG) vs Forward Air Corporation (FWRD)
A side-by-side comparison of Acacia Research Corporation and Forward Air Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
ACTG
Acacia Research Corporation
$4.30IndustrialsDelayed quote: Oct 6, 2026, 10:04 AM EDT
FWRD
Forward Air Corporation
$15.12IndustrialsDelayed quote: Oct 6, 2026, 10:00 AM EDT
Total return — ACTG vs FWRD
growth of $100 · dividends reinvested · last 10yACTG -28.3% (-3.3%/yr)FWRD -62.3% (-9.3%/yr)ACTG compounded faster over this window
ACTG FWRD
ACTG vs FWRD: by the numbers
- •FWRD is the larger company ($478M vs $415M market cap).
- •Both run net losses; ACTG's is the smaller (-5.39% vs -11.37% net margin).
- •ACTG grew revenue faster over the past five years (42.70% vs 11.44% CAGR).
Metrics side by side
Valuation
| Metric | ACTG | FWRD |
|---|---|---|
| P/S ratio | 1.49 | 0.19 |
| P/B ratio | 0.79 | N/A |
| EV / EBITDA | 11.99 | N/A |
| FCF yield | 0.22% | 10.08% |
Profitability
| Metric | ACTG | FWRD |
|---|---|---|
| Gross margin | 82.47% | 20.48% |
| Operating margin | 2.25% | 1.46% |
| Net margin | -5.39% | -11.37% |
| ROE | -2.85% | N/A |
| ROIC | -2.79% | -8.57% |
Growth (annualized)
| Metric | ACTG | FWRD |
|---|---|---|
| Revenue CAGR (5Y) | 42.70% | 11.44% |
| EPS CAGR (5Y) | -33.59% | N/A |
| FCF CAGR (5Y) | N/A | -1.10% |
| Total return CAGR (5Y) | -6.66% | -28.94% |
Frequently asked
- Which has grown faster, ACTG or FWRD?
- Over the past five years, ACTG grew revenue faster — ACTG at a 42.70% CAGR versus FWRD at 11.44%.
- How have ACTG and FWRD total returns compared?
- Over the past 10 years, ACTG delivered -3.85% and FWRD delivered -9.35% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Acacia Research ROEForward Air ROEAcacia Research operating marginForward Air operating marginAcacia Research revenue growthForward Air revenue growthAcacia Research free cash flowForward Air free cash flow
Acacia Research & Forward Air appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.