Forward Air Corporation

FWRD

NASDAQ

30.03

USD

-0.38(-1.25%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Forward Air Corporation fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

-6.05

Price/Book

6.02

Debt/Equity

317.14%

Return on Equity

-94.27%

Dividend Yield

0.00%

EBITDA

-916639000.00

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	1,269,573,000	1,662,427,000	1,973,403,000	1,370,735,000	2,474,262,000
Gross Profit	229,113,000	365,326,000	546,821,000	330,152,000	339,651,000
Operating Income	73,924,000	159,301,000	247,591,000	88,210,000	-1,062,936,000
Net Income	23,733,000	105,859,000	193,191,000	167,351,000	-816,969,000
Total Assets	1,047,768,000	1,117,823,000	1,208,076,000	2,979,533,000	2,802,641,000
Total Current Liabilities	172,052,000	164,692,000	169,398,000	237,094,000	384,046,000
Total Equity	547,329,000	593,654,000	707,244,000	764,261,000	285,868,000
Free Cash Flow	63,844,000	81,152,000	218,361,000	150,663,000	-112,462,000
Cash from Operations	84,666,000	120,261,000	259,090,000	181,388,000	-75,402,000
Cash from Investing	-82,707,000	-88,312,000	-104,462,000	174,838,000	-1,608,586,000
Cash from Financing	-26,454,000	-34,887,000	-146,122,000	1,550,025,000	-163,832,000
Net Change in Cash	-24,495,000	-2,938,000	8,506,000	1,906,251,000	-1,846,807,000