Forward Air Corporation (FWRD)

AI Score

Unlock

15.63

0.97 (6.62%)

At close: Apr 17, 2025, 3:59 PM

15.56

-0.48%

After-hours: Apr 17, 2025, 07:56 PM EDT

Forward Air Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	632.85M	655.94M	643.67M	541.81M	338.43M	413.37M	402.18M	427.07M	481.2M	510.02M	515.22M	466.96M	459.93M	419.63M	420.67M	362.2M	350.34M	332M	281.68M	342.51M	381.5M	361.66M	345.76M	321.47M	356.56M	331.38M	330.34M	302.61M	306.12M	280.2M	267.52M	246.98M	264.79M	249.55M	238.64M	229.55M
Cost of Revenue	497.85M	545.54M	646.71M	607.54M	335.43M	368.82M	314.3M	311.4M	342.7M	364.09M	369.22M	350.58M	347.5M	324.29M	333.7M	291.61M	284.72M	269.19M	235.16M	286.34M	306.17M	288.02M	272.34M	255.98M	283.56M	266.08M	261.75M	243.46M	241.77M	219.44M	208.7M	194.4M	208.18M	194.23M	183.23M	181.65M
Gross Profit	135M	110.39M	-3.04M	-65.73M	3M	44.54M	87.88M	115.66M	138.5M	145.94M	146M	116.38M	112.43M	95.33M	86.97M	70.59M	65.62M	62.8M	46.52M	56.17M	75.34M	73.64M	73.42M	65.49M	73M	65.3M	68.59M	59.15M	64.34M	60.76M	58.82M	52.59M	56.61M	55.32M	55.41M	47.9M
Operating Income	-3.21M	22.7M	-3.04M	-65.73M	3M	15.49M	30.21M	50.51M	61.41M	71.67M	75.55M	57.35M	51.98M	42.48M	42.12M	22.72M	20.73M	23.51M	13.91M	11.7M	32.85M	30.69M	30.55M	24.73M	35.05M	29.88M	32.87M	24.23M	28.78M	26.9M	29.81M	23.19M	28.22M	24.7M	-14.35M	21.41M
Interest Income	n/a	n/a	n/a	n/a	n/a	2.65M	2.58M	2.35M	1.62M	1.54M	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	31.62M	-32.9M	-1.14B	-107.14M	-20.98M	12.84M	27.63M	48.15M	59.8M	70.12M	74.35M	56.57M	51.1M	41.5M	40.8M	21.56M	19.52M	22.21M	12.72M	10.85M	32.06M	29.93M	29.97M	24.16M	34.59M	29.41M	32.39M	23.86M	28.37M	26.61M	29.59M	22.88M	28.01M	24.48M	-14.93M	20.82M
Net Income	-36.42M	-73.41M	-645.43M	-61.71M	-53.95M	9.29M	19.95M	36.37M	42.94M	52.13M	55.43M	42.69M	40.47M	23.54M	30.68M	11.18M	-4.44M	16.65M	3.15M	8.38M	24.17M	22.2M	22.33M	18.41M	27.68M	22.33M	24.3M	17.74M	35.37M	18.16M	19.55M	14.24M	12.71M	11.93M	-10.07M	13.1M
Selling & General & Admin	19.72M	17.38M	14.7M	12.88M	9.37M	13.63M	13.36M	13.78M	12.5M	12.09M	13.2M	11.97M	11.57M	9.98M	10.89M	9.74M	8.47M	8.67M	7.72M	11.77M	11.91M	10.93M	13.23M	9.37M	8.74M	9.2M	10.09M	7.15M	8.2M	7.84M	7.73M	5.81M	6.18M	7.17M	6.65M	5.39M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.56M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.05M	n/a	n/a	n/a	1.71M	n/a	n/a	n/a	1.91M	n/a	n/a	n/a	1.82M	n/a	n/a	n/a	1.66M	n/a	n/a	n/a
Other Expenses	75.33M	93.01M	40K	-607.54M	335.43M	397.95M	371.97M	51.37M	64.58M	62.18M	57.26M	47.06M	48.89M	42.87M	33.95M	38.13M	-3K	30.62M	24.88M	32.7M	-1K	1K	-1K	-1K	29.22M	-1K	-1K	27.77M	27.37M	-2K	18K	-26K	152K	-4K	-117K	-29K
Operating Expenses	95.05M	110.39M	80.36M	-607.54M	44.17M	397.95M	57.67M	65.15M	77.09M	74.27M	70.46M	59.03M	60.46M	52.86M	44.85M	47.87M	44.9M	39.29M	32.6M	44.47M	42.48M	42.95M	42.87M	40.75M	37.95M	35.42M	35.72M	34.92M	35.57M	33.86M	29.01M	29.4M	28.39M	30.62M	27.32M	26.49M
Interest Expense	48.43M	52.77M	47.27M	40.75M	23.98M	2.65M	2.58M	2.35M	1.62M	1.54M	1.19M	784K	877K	973K	1.32M	1.17M	1.21M	1.3M	1.2M	853K	795K	761K	581K	575K	457K	472K	483K	371K	403K	288K	236K	282K	366K	216K	461K	553K
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	n/a	n/a	n/a	n/a
Cost & Expenses	636.06M	618.49M	646.71M	607.54M	335.43M	766.78M	371.97M	376.56M	419.79M	438.36M	439.67M	409.61M	407.95M	377.15M	378.55M	339.48M	329.62M	308.49M	267.76M	330.81M	348.65M	330.97M	315.21M	296.74M	321.51M	301.5M	297.47M	278.37M	277.34M	253.3M	237.71M	223.79M	236.57M	224.85M	210.54M	208.14M
Income Tax Expense	67M	1.3M	-174.94M	-18.35M	-6.25M	3.55M	7.67M	11.79M	16.86M	17.99M	18.92M	13.88M	12.9M	11M	10.12M	4.84M	4.38M	5.21M	3.49M	2.47M	7.89M	7.73M	7.64M	5.75M	6.91M	7.08M	8.09M	6.12M	-7M	8.45M	10.04M	8.64M	15.3M	12.55M	-4.86M	7.72M
Shares Outstanding (Basic)	27.94M	27.94M	26.8M	26.26M	25.67M	25.7M	25.93M	26.35M	26.51M	26.77M	26.87M	26.95M	26.97M	27.03M	27.26M	27.36M	26.14M	27.56M	27.7M	27.85M	28.1M	27.98M	28.27M	28.53M	28.81M	28.96M	29.17M	29.38M	29.49M	29.86M	30.08M	30.12M	30.25M	30.35M	30.25M	30.46M
Shares Outstanding (Diluted)	27.94M	27.94M	26.8M	26.26M	25.67M	25.77M	26.04M	26.48M	26.7M	26.9M	26.99M	27.1M	27.16M	27.14M	27.41M	27.5M	26.14M	27.61M	27.73M	27.95M	28.43M	28.08M	28.37M	28.65M	28.83M	29.09M	29.27M	29.48M	29.73M	30.26M	30.11M	30.3M	30.25M	30.59M	30.5M	30.63M
EPS (Basic)	28.36	-2.63	-24.08	-2.35	-2.1	0.36	0.76	1.37	1.61	1.95	2.06	1.58	1.49	0.86	1.12	0.40	-0.17	0.60	0.11	0.30	0.86	0.78	0.78	0.64	0.95	0.76	0.83	0.60	1.19	0.60	0.65	0.47	0.42	0.39	-0.33	0.43
EPS (Diluted)	28.36	-2.63	-24.08	-2.35	-2.1	0.36	0.76	1.37	1.60	1.94	2.05	1.58	1.48	0.86	1.11	0.40	-0.17	0.60	0.11	0.30	0.85	0.78	0.78	0.64	0.95	0.76	0.82	0.60	1.18	0.60	0.64	0.47	0.42	0.39	-0.33	0.43
EBITDA	117.7M	45.77M	-1.05B	-34.6M	20.58M	31M	44.72M	64.14M	73.81M	83.93M	87.14M	68.48M	63.46M	51.89M	51.54M	31.96M	29.93M	32.68M	23.33M	24.51M	42.92M	41.22M	41.23M	35.56M	45.88M	40.17M	43.23M	34.92M	39.25M	37.22M	40.05M	33.2M	38.18M	34.09M	-6K	31.04M
EBIT	80.05M	19.87M	-1.09B	-66.39M	-8M	15.49M	26.32M	50.51M	61.41M	71.67M	75.55M	57.35M	51.98M	42.48M	42.12M	22.72M	20.72M	23.51M	13.91M	11.7M	32.85M	30.69M	30.55M	24.73M	35.05M	29.88M	32.87M	24.23M	28.78M	27.17M	30.01M	23.72M	28.38M	24.7M	-14.46M	21.38M
Depreciation & Amortization	37.66M	25.89M	48.64M	31.79M	17.58M	15.51M	14.51M	13.63M	12.39M	12.27M	11.6M	11.13M	11.48M	9.42M	9.41M	9.24M	9.21M	9.17M	8.12M	10.63M	10.07M	10.53M	10.68M	10.83M	10.84M	10.29M	10.36M	10.69M	10.48M	10.33M	10.22M	10.03M	9.8M	9.4M	9.34M	9.67M