Stocks Comparison
Forward Air vs New Century Logistics (BVI): revenue, profit, margins and growth compared
Forward Air brought in $2.5B of revenue in fiscal 2025, New Century Logistics (BVI) $44.1M in fiscal 2025. Revenue changed by +0.8% at Forward Air and -15.5% at New Century Logistics (BVI) on the year before, so Forward Air grew faster. Forward Air kept -4.3% of its revenue as net profit, New Century Logistics (BVI) -24.2%. Free cash flow was $15.3M at Forward Air and -$3.5M at New Century Logistics (BVI).
Side by side, latest fiscal year
| FWRD | NCEW | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (September 30, 2025) |
| Revenue | $2.5B | $44.1M |
| Revenue growth | +0.8% | -15.5% |
| Net income | -$107.8M | -$10.7M |
| Net margin | -4.3% | -24.2% |
| Free cash flow | $15.3M | -$3.5M |
| Free cash flow margin | 0.6% | -7.9% |
| Earnings per share (diluted) | -$3.51 | -$3.71 |
| Cash | $106M | $645.9K |
| Debt | $1.7B | n/a |
| Price to earnings | n/a | n/a |
| Market value | $496.2M | $56.4M |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #201 of 451 · Industrials | #407 of 451 · Industrials |
Over the years
Questions about Forward Air and New Century Logistics (BVI)
Which is bigger by revenue, Forward Air or New Century Logistics (BVI)?
Forward Air is bigger by revenue: $2.5B in fiscal 2025, against $44.1M for New Century Logistics (BVI) in fiscal 2025.
Which keeps more of its revenue as profit, Forward Air or New Century Logistics (BVI)?
Forward Air had a net margin of -4.3% in fiscal 2025; New Century Logistics (BVI) had -24.2% in fiscal 2025.
Which grew revenue faster, Forward Air or New Century Logistics (BVI)?
In their latest fiscal years revenue changed by +0.8% at Forward Air and -15.5% at New Century Logistics (BVI).
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.