Forward Air Corporation (FWRD)

NASDAQ: FWRD · IEX Real-Time Price · USD

25.26

+0.76 (3.10%)

At close: Jul 19, 2024, 4:00 PM

25.29

+0.03 (0.12%)

Pre-market: Jul 20, 2024, 9:29 AM EDT

Forward Air Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 1994
Revenue	1,485	1,371	1,680	1,387	1,270	1,215	Upgrade
Revenue Growth (YoY)	-5.41%	-18.39%	21.08%	9.27%	4.48%	6.82%	Upgrade
Cost of Revenue	798.43	695.61	842.66	750.14	732.55	666.99	Upgrade
Gross Profit	687.06	675.12	836.98	637.09	537.02	548.2	Upgrade
Selling, General & Admin	336.91	287.57	302.76	288.17	270.79	258	Upgrade
Other Operating Expenses	378.17	299.35	286.63	201.9	192.31	177.78	Upgrade
Operating Expenses	715.09	586.91	589.39	490.07	463.1	435.78	Upgrade
Operating Income	-28.03	88.21	247.59	147.03	73.92	112.42	Upgrade
Interest Expense / Income	69.97	31.57	5.14	4.34	4.56	2.71	Upgrade
Other Expense / Income	-150.97	-124.55	-13.78	1.02	29.04	-4.78	Upgrade
Pretax Income	52.97	181.19	256.23	141.67	40.33	114.48	Upgrade
Income Tax	-16.3	13.84	63.04	35.81	16.59	27.38	Upgrade
Net Income	69.27	167.35	193.19	105.86	23.73	87.1	Upgrade
Net Income Growth	-62.93%	-13.38%	82.50%	346.04%	-72.75%	-5.38%	Upgrade
Shares Outstanding (Basic)	26	26	27	27	28	28	Upgrade
Shares Change	0.12%	-3.49%	-1.37%	-2.00%	-2.36%	-3.53%	Upgrade
EPS (Basic)	2.24	6.42	7.17	3.87	0.84	3.06	Upgrade
EPS (Diluted)	2.22	6.40	7.14	3.85	0.84	3.04	Upgrade
EPS Growth	-68.01%	-10.36%	85.45%	358.33%	-72.37%	-2.56%	Upgrade
Free Cash Flow	37.55	154.4	222.21	84.53	66.81	139.65	Upgrade
Free Cash Flow Per Share	1.42	6.02	8.36	3.14	2.43	4.96	Upgrade
Dividend Per Share	0.720	0.960	0.960	0.840	0.750	0.720	Upgrade
Dividend Growth	-25.00%	0%	14.29%	12.00%	4.17%	14.29%	Upgrade
Gross Margin	46.25%	49.25%	49.83%	45.93%	42.30%	45.11%	Upgrade
Operating Margin	-1.89%	6.44%	14.74%	10.60%	5.82%	9.25%	Upgrade
Profit Margin	4.66%	12.21%	11.50%	7.63%	1.87%	7.17%	Upgrade
Free Cash Flow Margin	2.53%	11.26%	13.23%	6.09%	5.26%	11.49%	Upgrade
Effective Tax Rate	-30.77%	7.64%	24.60%	25.28%	41.15%	23.92%	Upgrade
EBITDA	198.5	270.16	303.92	180.97	82.01	153.59	Upgrade
EBITDA Margin	13.36%	19.71%	18.09%	13.05%	6.46%	12.64%	Upgrade
Depreciation & Amortization	75.56	57.41	42.55	34.97	37.13	36.39	Upgrade
EBIT	122.94	212.76	261.37	146.01	44.89	117.19	Upgrade
EBIT Margin	8.28%	15.52%	15.56%	10.52%	3.54%	9.64%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).