Cardinal Infrastructure Group Inc. (CDNL) vs Forward Air Corporation (FWRD)
A side-by-side comparison of Cardinal Infrastructure Group Inc. 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.
CDNL
Cardinal Infrastructure Group Inc.
$28.71IndustrialsDelayed quote: Oct 5, 2026, 4:00 PM EDT
FWRD
Forward Air Corporation
$15.07IndustrialsDelayed quote: Oct 5, 2026, 4:00 PM EDT
Total return — CDNL vs FWRD
growth of $100 · dividends reinvested · last 1yCDNL +22.2% (+22.2%/yr)FWRD -40.2% (-40.2%/yr)CDNL compounded faster over this window
CDNL FWRD
CDNL vs FWRD: by the numbers
- •FWRD is the larger company ($477M vs $439M market cap).
- •CDNL is profitable (2.74% net margin) while FWRD runs a net loss (-11.37%).
Metrics side by side
Valuation
| Metric | CDNL | FWRD |
|---|---|---|
| P/E ratio | 17.19 | N/A |
| Forward P/E | 14.14 | N/A |
| P/S ratio | 0.66 | 0.19 |
| P/B ratio | 1.79 | N/A |
| EV / EBITDA | 3.63 | N/A |
| FCF yield | 0.09% | 10.12% |
Profitability
| Metric | CDNL | FWRD |
|---|---|---|
| Gross margin | 17.46% | 20.48% |
| Operating margin | 7.78% | 1.46% |
| Net margin | 2.74% | -11.37% |
| ROE | 7.40% | N/A |
| ROIC | 5.66% | -8.57% |
Growth (annualized)
| Metric | CDNL | FWRD |
|---|---|---|
| Revenue CAGR (5Y) | N/A | 11.44% |
| FCF CAGR (5Y) | N/A | -1.10% |
| Total return CAGR (5Y) | N/A | -28.94% |
Frequently asked
- Is CDNL or FWRD more profitable?
- CDNL runs the higher net margin — CDNL at 2.74% versus FWRD at -11.37%.
Go deeper
Dig into the metrics
Cardinal Infrastructure P/E ratioCardinal Infrastructure ROEForward Air ROECardinal Infrastructure operating marginForward Air operating marginCardinal Infrastructure revenue growthForward Air revenue growthCardinal Infrastructure free cash flowForward Air free cash flow
Cardinal Infrastructure & 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.