FWRD vs USCB

Comparison between Forward Air Corp (FWRD, Company) and USCB Financial Holdings Inc - Class A (USCB, Company).

FWRD is from the Industrials sector, while USCB is from the Financial Services sector.

5-Year PerformanceUSCB has outperformed FWRD, delivering a return of +14.0% compared to -31.5%

FWRD vs USCB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FWRD(COMPANY)	USCB(COMPANY)
Market Cap	$387M	$389M
Max Drawdown	93.33%	44.24%
Sharpe Ratio	-0.14	0.59
5Y Beta	2.17	0.83
Industry	Integrated Freight & Logistics	Banks - Regional
P/E Ratio	-4.19	13.34
Forward P/E	19.92	11.45
PEG Ratio	-0.26	N/A
Dividend Yield	N/A	2.20%
5Y Dividends CAGR	9.00%	N/A
Debt to Equity	2086.71%	0.00%
Free Cash Flow Yield	4.41%	11.04%
P/S Ratio	0.15	3.86
P/B Ratio	4.54	1.58

Market Cap

FWRD

$387M

Winner

USCB

$389M

Max Drawdown

FWRD

93.33%

Winner

USCB

44.24%

Sharpe Ratio

FWRD

-0.14

Winner

USCB

0.59

5Y Beta

FWRD

2.17

Winner

USCB

0.83

Industry

FWRD

Integrated Freight & Logistics

USCB

Banks - Regional

P/E Ratio

Winner

FWRD

-4.19

USCB

13.34

Forward P/E

FWRD

19.92

Winner

USCB

11.45

PEG Ratio

FWRD

-0.26

USCB

N/A

Dividend Yield

FWRD

N/A

USCB

2.20%

5Y Dividends CAGR

FWRD

9.00%

USCB

N/A

Debt to Equity

FWRD

2086.71%

Winner

USCB

0.00%

Free Cash Flow Yield

FWRD

4.41%

Winner

USCB

11.04%

P/S Ratio

Winner

FWRD

0.15

USCB

3.86

P/B Ratio

FWRD

4.54

Winner

USCB

1.58

FWRD vs USCB - Historical Returns

Returns include dividend reinvestment.

Period	FWRD	USCB
1 month	+45.13%	+7.40%
3 months	-19.53%	+8.64%
6 months	-47.66%	+2.38%
1 year	-34.66%	+20.80%
5 years(CAGR)	-31.48%	+14.04%
10 years(CAGR)	-10.79%	N/A
Max(CAGR)	+1.08%	+14.04%

Winner

FWRD

+45.13%

USCB

+7.40%

FWRD

-19.53%

Winner

USCB

+8.64%

FWRD

-47.66%

Winner

USCB

+2.38%

FWRD

-34.66%

Winner

USCB

+20.80%

5Y(CAGR)

FWRD

-31.48%

Winner

USCB

+14.04%

10Y(CAGR)

FWRD

-10.79%

USCB

N/A

Max(CAGR)

FWRD

+1.08%

Winner

USCB

+14.04%

FWRD vs USCB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FWRD	USCB
2026	-46.96%	+8.82%
2025	-21.53%	+7.67%
2024	-48.17%	+47.39%
2023	-39.21%	+0.00%
2022	-12.25%	-15.22%
2021	+60.31%	+29.44%
2020	+11.67%	N/A
2019	+29.03%	N/A
2018	-4.04%	N/A
2017	+20.02%	N/A
2016	+12.01%	N/A
2015	-12.64%	N/A
2014	+17.83%	N/A
2013	+23.47%	N/A
2012	+6.72%	N/A
2011	+12.79%	N/A
2010	+12.36%	N/A
2009	+4.27%	N/A
2008	-18.78%	N/A
2007	+3.58%	N/A
2006	-19.43%	N/A
2005	+23.03%	N/A
2004	+58.12%	N/A
2003	+37.16%	N/A
2002	-42.51%	N/A
2001	-7.83%	N/A
2000	+31.28%	N/A
1999	+57.75%	N/A

FWRD vs USCB Drawdown Comparison

The maximum drawdown for FWRD was -93.19%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for USCB was -44.24%, occurring on May 2, 2023. Recovery took 660 trading sessions.

The current FWRD drawdown is -89.07%. The current USCB drawdown is -4.30%.

Rank	FWRD	USCB
#1	-93.19% Jan 4, 2022 - May 19, 2026	-44.24% Dec 7, 2021 - Jul 25, 2024
#2	-66.93% Jul 6, 2006 - Jul 9, 2013	-23.21% Nov 25, 2024 - Jan 21, 2026
#3	-65.25% Aug 1, 2000 - Jul 22, 2005	-17.25% Aug 26, 2021 - Nov 10, 2021
#4	-42.77% Jan 16, 2020 - Nov 9, 2020	-16.34% Jul 31, 2024 - Nov 6, 2024
#5	-36.22% Mar 20, 2015 - Sep 27, 2017	-13.61% Jan 22, 2026 - Mar 18, 2026
#6	-36.00% Feb 8, 2000 - Apr 19, 2000	-6.93% Nov 11, 2021 - Nov 18, 2021
#7	-27.94% Oct 1, 2018 - Oct 28, 2019	-5.84% Nov 13, 2024 - Nov 22, 2024
#8	-17.96% Jan 19, 2018 - Jun 20, 2018	-4.21% Nov 18, 2021 - Dec 6, 2021
#9	-17.89% May 7, 2021 - Oct 29, 2021	-3.62% Aug 12, 2021 - Aug 18, 2021
#10	-17.39% Jan 6, 2000 - Feb 8, 2000	-3.23% Aug 18, 2021 - Aug 23, 2021
#11	-14.97% May 3, 2000 - Jun 27, 2000	-2.38% Nov 6, 2024 - Nov 8, 2024
#12	-14.24% Nov 22, 2005 - Jun 30, 2006	-2.31% Jul 23, 2021 - Aug 2, 2021
#13	-12.14% Jan 20, 2021 - Feb 9, 2021	-2.28% Jul 25, 2024 - Jul 29, 2024
#14	-11.72% Nov 18, 1999 - Dec 7, 1999	-0.86% Aug 4, 2021 - Aug 12, 2021
#15	-11.49% Dec 30, 2014 - Feb 10, 2015	-0.46% Aug 2, 2021 - Aug 4, 2021

Correlation

Correlation between FWRD and USCB is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101

Dividend Comparison (2005 - 2026)

FWRD vs USCB dividend yield comparison.

Year	FWRD	USCB
2026	0.00%	1.28%
2025	0.00%	2.17%
2024	0.00%	1.13%
2023	1.53%	0.00%
2022	0.92%	0.00%
2021	0.87%	0.00%
2020	0.98%	0.00%
2019	1.03%	0.00%
2018	1.15%	0.00%
2017	1.04%	0.00%
2016	1.08%	0.00%
2015	1.12%	0.00%
2014	0.95%	0.00%
2013	0.91%	0.00%
2012	0.97%	0.00%
2011	0.87%	0.00%
2010	0.99%	0.00%
2009	1.12%	0.00%
2008	1.15%	0.00%
2007	0.90%	0.00%
2006	0.97%	0.00%
2005	0.60%	0.00%