Forward Air Corporation (FWRD)
NASDAQ: FWRD · Real-Time Price · USD
13.75
+0.20 (1.48%)
Jul 17, 2026, 4:00 PM EDT - Market closed
Forward Air Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -40.2 | -141.73 | -1,125 | 42.8 | 179.41 | 106.88 |
Depreciation & Amortization | - | 152.64 | 143.98 | 57.41 | 42.55 | 34.97 |
Stock-Based Compensation | - | 13.43 | 10.19 | 11.5 | 10.66 | 10.5 |
Other Adjustments | 11.58 | 23.57 | 913.44 | -4.98 | 12.54 | 7.47 |
Change in Receivables | 15 | -18.01 | 9.55 | 30.56 | -2.59 | -42.46 |
Changes in Accounts Payable | 9.24 | 46.26 | -15.92 | 36.66 | 12.77 | 18.25 |
Changes in Other Operating Activities | -33.17 | -31.79 | -11.8 | 7.45 | 3.75 | -15.35 |
Operating Cash Flow | 45.74 | 44.38 | -69.02 | 199.21 | 250.16 | 120.61 |
Operating Cash Flow Growth | 65.63% | - | - | -20.37% | 107.42% | 25.50% |
Capital Expenditures | -24.16 | -29.12 | -37.06 | -30.73 | -39.25 | -38.38 |
Sale of Property, Plant & Equipment | 2.94 | 2.2 | 5.14 | 3.74 | 2.37 | 2.64 |
Payments for Business Acquisitions | - | - | -1,576 | -56.7 | -66.11 | -59.87 |
Other Investing Activities | 0.02 | - | -0.44 | 258.53 | -1.48 | 7.29 |
Investing Cash Flow | -21.19 | -26.91 | -1,609 | -83.69 | -102.99 | -95.6 |
Short-Term Debt Issued | 85 | 110 | 75 | 70 | - | 195 |
Short-Term Debt Repaid | -85 | -110 | -155 | -178.5 | -49 | -150 |
Net Short-Term Debt Issued (Repaid) | - | 0 | -80 | -108.5 | -49 | 45 |
Long-Term Debt Issued | - | - | - | 1,791 | - | - |
Long-Term Debt Repaid | -17.1 | -17.31 | -18.43 | -9.5 | -6.11 | -2.42 |
Net Long-Term Debt Issued (Repaid) | -17.1 | -17.31 | -18.43 | 1,781 | -6.11 | -2.42 |
Issuance of Common Stock | - | 0.85 | 0.75 | 0.8 | 0.99 | 4.62 |
Repurchase of Common Stock | -0.87 | -1.07 | -1.44 | -98.15 | -66.1 | -52.1 |
Net Common Stock Issued (Repurchased) | -0.87 | -0.23 | -0.69 | -97.35 | -65.11 | -47.49 |
Common Dividends Paid | - | - | - | -25 | -25.87 | -22.98 |
Other Financing Activities | - | - | -64.72 | -0.13 | -0.04 | -7 |
Financing Cash Flow | -4.91 | -17.53 | -163.83 | 1,791 | -138.67 | -27.95 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 0.15 | 0.79 | 1.01 | - | - | - |
Net Cash Flow | 24.35 | 0.73 | -1,840 | 1,906 | 8.51 | -2.94 |
Free Cash Flow | 21.58 | 15.27 | -106.08 | 168.49 | 210.91 | 82.23 |
Free Cash Flow Growth | 41.35% | - | - | -20.11% | 156.48% | 8.43% |
FCF Margin | 0.88% | 0.61% | -4.29% | 12.29% | 12.56% | 5.93% |
Free Cash Flow Per Share | 0.70 | 0.50 | -3.85 | 6.48 | 7.83 | 3.01 |
Levered Free Cash Flow | -156.66 | 12.9 | -836.19 | 1,911 | 157.89 | 147.93 |
Unlevered Free Cash Flow | -4.39 | 173.07 | -877.43 | 137.45 | 203.03 | 109.62 |