Which has grown faster, ESEA or FWRD?

Over the past five years, ESEA grew revenue faster — ESEA at a 31.82% CAGR versus FWRD at 11.44%.

Does ESEA or FWRD pay a bigger dividend?

ESEA pays a dividend (4.18% yield), while FWRD is a former payer with no current dividend run rate.

Is ESEA or FWRD more profitable?

ESEA runs the higher net margin — ESEA at 59.98% versus FWRD at -11.37%.

How have ESEA and FWRD total returns compared?

Over the past 10 years, ESEA delivered 23.90% and FWRD delivered -9.35% annualized total return. Past performance doesn't predict future results.

Euroseas Ltd. (ESEA) vs Forward Air Corporation (FWRD)

A side-by-side comparison of Euroseas Ltd. 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.

ESEA

Euroseas Ltd.

$509M

$72.15IndustrialsDelayed quote: Oct 6, 2026, 1:50 PM EDT

FWRD

Forward Air Corporation

$478M

$15.12IndustrialsDelayed quote: Oct 6, 2026, 1:50 PM EDT

Total return — ESEA vs FWRD

growth of $100 · dividends reinvested · last 10y

ESEA +775.3% (+24.2%/yr)FWRD -62.3% (-9.3%/yr)ESEA compounded faster over this window

Log scale — wide-divergence pair

ESEA FWRD

ESEA vs FWRD: by the numbers

•ESEA is the larger company ($509M vs $478M market cap).
•ESEA is profitable (59.98% net margin) while FWRD runs a net loss (-11.37%).
•ESEA grew revenue faster over the past five years (31.82% vs 11.44% CAGR).
•ESEA pays a dividend (4.18% yield), while FWRD is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	ESEA	FWRD
P/E ratio	3.71	N/A
Forward P/E	4.03	N/A
PEG ratio	0.04	N/A
P/S ratio	2.25	0.19
P/B ratio	0.98	N/A
EV / EBITDA	3.46	N/A
FCF yield	17.55%	10.08%

Profitability

Metric	ESEA	FWRD
Gross margin	66.03%	20.48%
Operating margin	59.35%	1.46%
Net margin	59.98%	-11.37%
ROE	26.20%	N/A
ROIC	18.42%	-8.57%

Dividends

Metric	ESEA	FWRD
Dividend yield	4.18%	N/A
Payout ratio	15.70%	N/A

Growth (annualized)

Metric	ESEA	FWRD
Revenue CAGR (5Y)	31.82%	11.44%
EPS CAGR (5Y)	102.48%	N/A
FCF CAGR (5Y)	49.58%	-1.10%
Total return CAGR (5Y)	30.23%	-28.94%

Frequently asked

Which has grown faster, ESEA or FWRD?: Over the past five years, ESEA grew revenue faster — ESEA at a 31.82% CAGR versus FWRD at 11.44%.
Does ESEA or FWRD pay a bigger dividend?: ESEA pays a dividend (4.18% yield), while FWRD is a former payer with no current dividend run rate.
Is ESEA or FWRD more profitable?: ESEA runs the higher net margin — ESEA at 59.98% versus FWRD at -11.37%.
How have ESEA and FWRD total returns compared?: Over the past 10 years, ESEA delivered 23.90% and FWRD delivered -9.35% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ESEA analysis Full FWRD analysis Interactive comparison tool

Dig into the metrics

Euroseas P/E ratio Euroseas dividend yield Euroseas ROE Forward Air ROE Euroseas operating margin Forward Air operating margin Euroseas revenue growth Forward Air revenue growth Euroseas free cash flow Forward Air free cash flow

Euroseas & Forward Air appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks

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.