Forward Air Corporation (FWRD)
20.99
-0.71 (-3.27%)
At close: Mar 25, 2025, 3:59 PM
20.31
-3.24%
Pre-market: Mar 26, 2025, 06:21 AM EDT
Forward Air Income Statement
| Year | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | FY08 | FY07 | FY06 | FY05 | FY04 | FY03 | FY02 | FY01 | FY00 | FY99 | FY98 | FY97 | FY96 | FY95 | FY94 | FY93 |
| Revenue | 2.47B | 1.37B | 1.97B | 1.66B | 1.27B | 1.41B | 1.32B | 1.1B | 982.53M | 959.13M | 780.96M | 652.48M | 584.45M | 536.4M | 483.94M | 417.41M | 474.44M | 392.74M | 352.76M | 320.93M | 282.2M | 241.52M | 226.07M | 227.5M | 214.91M | 170.84M | 130.44M | 190.4M | 157.1M | 148.1M | 135M | 95.3M |
| Cost of Revenue | 1.97B | 1.04B | 1.43B | 1.3B | 1.04B | 1.12B | 1.05B | 864.3M | 767.29M | 768.71M | 601.96M | 504.82M | 446.77M | 268.96M | 175.16M | 144.73M | 180.99M | 222.06M | 193.98M | 176.46M | 159.05M | 139.81M | 135.51M | 136.49M | 124.57M | 101.08M | 78.89M | 108.44M | 93.88M | 62.4M | 59.5M | 41.5M |
| Gross Profit | 505.09M | 330.15M | 546.82M | 365.33M | 229.11M | 287.88M | 266.04M | 236.51M | 215.24M | 190.42M | 179M | 147.66M | 137.67M | 267.44M | 308.78M | 272.68M | 293.45M | 170.68M | 158.78M | 144.47M | 123.14M | 101.71M | 90.57M | 91.01M | 90.34M | 69.77M | 51.55M | 81.96M | 63.22M | 85.7M | 75.5M | 53.8M |
| Operating Income | -1.06B | 88.21M | 265.98M | 159.3M | 73.92M | 118.82M | 122.03M | 108.67M | 59.98M | 81.77M | 96.41M | 84.36M | 83.53M | 77.11M | 53.74M | 18.79M | 70.28M | 71.05M | 75.4M | 67.44M | 53.6M | 40.18M | 32.74M | 31.66M | 37.3M | 26.44M | 16.01M | 16.8M | 9.34M | 33.3M | 29.9M | 4.3M |
| Interest Income | n/a | n/a | 5.14M | 4.34M | 4.56M | 2.71M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Pretax Income | -1.25B | 56.64M | 260.84M | 154.96M | 69.36M | 116.11M | 120.25M | 107.45M | 58.39M | 79.67M | 96.08M | 83.92M | 83.16M | 76.56M | 53.1M | 18.18M | 69.41M | 72.31M | 78.54M | 71.24M | 54.67M | 40.71M | 34.16M | 32.2M | 37.97M | 25.99M | 14.84M | 14.09M | 6.44M | 7.8M | 7M | 3.4M |
| Net Income | -816.97M | 167.35M | 193.19M | 105.86M | 52.77M | 87.1M | 92.05M | 87.32M | 27.67M | 55.58M | 61.17M | 54.47M | 52.67M | 47.2M | 32.04M | 9.95M | 42.54M | 44.92M | 48.92M | 44.91M | 34.42M | 25.82M | 21.62M | 19.88M | 23.45M | 16.04M | 10.15M | 8.59M | 3.98M | 4.5M | 4M | 2.2M |
| Selling & General & Admin | n/a | 50.13M | 49.76M | 42.19M | 34.91M | 45.44M | 35.18M | 29.58M | 25.39M | 21.48M | 15.74M | 12.62M | 11.31M | 130.65M | 129.11M | 118.57M | 124.6M | 96.49M | 86.38M | 78.49M | 73.49M | 64.57M | 58.1M | 65.85M | 54.53M | 42.34M | 35.99M | 72.92M | 60.12M | 43.7M | 39.2M | 46.1M |
| Research & Development | n/a | n/a | 2.56M | 2.39M | 2.05M | 1.71M | 1.78M | 1.82M | 1.66M | 1.53M | 1.46M | 1.23M | 1.1M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Other Expenses | 3.54B | 191.81M | 231.09M | 163.84M | 120.28M | 123.62M | -2K | -11K | 4K | -58K | 289K | 99K | 14K | 59.68M | 56.58M | 54.15M | n/a | 321.69M | 196.95M | 180.21M | 160.49M | 141.91M | 139.1M | 137.45M | 126.71M | 104.07M | 80.83M | 110.17M | 96.02M | 8.7M | 6.4M | 3.4M |
| Operating Expenses | 3.54B | 241.94M | 280.85M | 206.03M | 155.19M | 169.06M | 144.01M | 127.84M | 112.82M | 108.65M | 82.6M | 63.3M | 54.14M | 190.33M | 185.69M | 172.71M | 206.97M | 329.37M | 283.33M | 258.7M | 233.98M | 206.49M | 197.2M | 203.3M | 181.25M | 146.41M | 116.83M | 183.08M | 156.14M | 52.4M | 45.6M | 49.5M |
| Interest Expense | -189.22M | 31.57M | 5.14M | 4.34M | 4.56M | 2.71M | 1.78M | 1.21M | 1.6M | 2.05M | 610K | 532K | 391K | 619K | 730K | 670K | 1.24M | 491K | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Cost & Expenses | 5.51B | 1.28B | 1.71B | 1.5B | 1.2B | 1.29B | 1.2B | 992.14M | 880.11M | 877.35M | 684.55M | 568.13M | 500.91M | 459.29M | 360.85M | 317.44M | 387.95M | 551.44M | 477.31M | 435.16M | 393.04M | 346.29M | 332.71M | 339.79M | 305.81M | 247.48M | 195.72M | 291.52M | 250.02M | 114.8M | 105.1M | 91M |
| Income Tax | -124.99M | 13.84M | 67.65M | 38.87M | 16.59M | 29.01M | 28.2M | 20.13M | 30.72M | 24.09M | 34.92M | 29.45M | 30.49M | 29.37M | 21.06M | 8.24M | 26.87M | 27.39M | 29.62M | 26.33M | 20.25M | 14.9M | 12.54M | 12.32M | 14.52M | 9.95M | 5.65M | 5.49M | 2.46M | 3.3M | 3M | 1.2M |
| Shares Outstanding (Basic) | 27.94M | 25.91M | 26.78M | 27.16M | 27.63M | 28.2M | 29.08M | 30.11M | 30.41M | 30.88M | 30.6M | 30.14M | 28.97M | 29.05M | 28.98M | 28.93M | 28.81M | 29.61M | 31.09M | 31.85M | 32.17M | 31.87M | 32.26M | 32.42M | 31.68M | 30.07M | 27.69M | 2.98M | 3.03M | 25.95M | 27.26M | 21.99M |
| Shares Outstanding (Diluted) | 27.94M | 26M | 26.93M | 27.29M | 27.7M | 28.31M | 29.19M | 30.21M | 30.74M | 31.22M | 31.13M | 30.76M | 29.54M | 29.43M | 29.11M | 28.99M | 29.02M | 29.96M | 31.52M | 32.31M | 32.78M | 32.68M | 33.26M | 33.51M | 33.49M | 31.66M | 28.74M | 3.09M | 3.03M | 26.99M | 27.26M | 21.99M |
| EPS (Basic) | -29.24 | 0.44 | 7.18 | 3.87 | 1.91 | 3.06 | 3.17 | 2.90 | 0.91 | 1.80 | 1.99 | 1.81 | 1.82 | 1.62 | 1.11 | 0.34 | 1.48 | 1.52 | 1.57 | 1.41 | 1.07 | 0.81 | 0.67 | 0.61 | 0.74 | 0.53 | 0.37 | 0.32 | 0.15 | 0.17 | 0.15 | 0.10 |
| EPS (Diluted) | -29.24 | 0.43 | 7.14 | 3.85 | 1.91 | 3.04 | 3.15 | 2.89 | 0.90 | 1.78 | 1.96 | 1.77 | 1.78 | 1.60 | 1.10 | 0.34 | 1.47 | 1.50 | 1.55 | 1.39 | 1.05 | 0.79 | 0.65 | 0.59 | 0.70 | 0.51 | 0.35 | 0.31 | 0.15 | 0.17 | 0.15 | 0.10 |
| EBITDA | -987.2M | 145.62M | 290.14M | 198.85M | 111.05M | 148.81M | 164.21M | 149.8M | 98.19M | 118.87M | 127.83M | 108.03M | 104.57M | 98.18M | 74.28M | 38.34M | 87.26M | 83.63M | 84.33M | -105.28M | -93.26M | 47.45M | 143K | 40.07M | -85.13M | -71.64M | -56.13M | -4.71M | -7.11M | 42M | 36.3M | 7.4M |
| Depreciation & Amortization | 143.98M | 57.41M | 42.55M | 39.55M | 37.13M | 36.39M | 42.18M | 41.05M | 38.21M | 37.16M | 31.13M | 23.58M | 21.02M | 20.99M | 20.45M | 19.72M | 16.61M | 10.82M | 8.93M | 8.95M | 6.82M | 7.26M | 7.46M | 8.41M | 5.78M | 5M | 4.35M | 11.21M | 10.52M | -8.7M | -6.4M | -3.4M |