Forward Air Corporation (FWRD) vs Montauk Renewables, Inc. (MNTK)
A side-by-side comparison of Forward Air Corporation and Montauk Renewables, Inc. 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.
FWRD
Forward Air Corporation
$15.14IndustrialsDelayed quote: Oct 6, 2026, 3:35 PM EDT
MNTK
Montauk Renewables, Inc.
$2.64IndustrialsDelayed quote: Oct 6, 2026, 3:35 PM EDT
Total return — FWRD vs MNTK
growth of $100 · dividends reinvested · last 6yFWRD -81.0% (-24.2%/yr)MNTK -75.2% (-20.7%/yr)MNTK compounded faster over this window
FWRD MNTK
FWRD vs MNTK: by the numbers
- •FWRD is the larger company ($479M vs $375M market cap).
- •MNTK is profitable (4.19% net margin) while FWRD runs a net loss (-11.37%).
- •FWRD grew revenue faster over the past five years (11.44% vs 10.23% CAGR).
Metrics side by side
Valuation
| Metric | FWRD | MNTK |
|---|---|---|
| P/E ratio | N/A | 47.56 |
| Forward P/E | N/A | 23.02 |
| P/S ratio | 0.19 | 1.98 |
| P/B ratio | N/A | 1.42 |
| EV / EBITDA | N/A | 14.59 |
| FCF yield | 10.07% | N/A |
Profitability
| Metric | FWRD | MNTK |
|---|---|---|
| Gross margin | 20.48% | 34.69% |
| Operating margin | 1.46% | 1.23% |
| Net margin | -11.37% | 4.19% |
| ROE | N/A | 3.00% |
| ROIC | -8.57% | 0.55% |
Growth (annualized)
| Metric | FWRD | MNTK |
|---|---|---|
| Revenue CAGR (5Y) | 11.44% | 10.23% |
| EPS CAGR (5Y) | N/A | -17.75% |
| FCF CAGR (5Y) | -1.10% | N/A |
| Total return CAGR (5Y) | -28.94% | -26.03% |
Frequently asked
- Which has grown faster, FWRD or MNTK?
- Over the past five years, FWRD grew revenue faster — FWRD at a 11.44% CAGR versus MNTK at 10.23%.
- Is FWRD or MNTK more profitable?
- MNTK runs the higher net margin — FWRD at -11.37% versus MNTK at 4.19%.
- How have FWRD and MNTK total returns compared?
- Over the past 5 years, FWRD delivered -28.94% and MNTK delivered -26.03% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Montauk Renewables P/E ratioForward Air ROEMontauk Renewables ROEForward Air operating marginMontauk Renewables operating marginForward Air revenue growthMontauk Renewables revenue growthForward Air free cash flowMontauk Renewables free cash flow
Forward Air & Montauk Renewables 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.