Forward Air Corporation
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 exped…
Integrated Freight & Logistics
US, Greeneville [HQ]
FWRD/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 417.00 | 483.00 | 536.00 | 584.00 | 652.00 | 780.00 | 959.00 | 982.00 | 1,100.00 | 1,320.00 | 1,410.00 | 1,269.00 | 1,662.00 | 1,973.00 | 1,370.00 | |
|
EPS
|
0.34 | 1.11 | 1.62 | 1.82 | 1.81 | 1.99 | 1.80 | 0.91 | 2.90 | 3.17 | 3.06 | 1.91 | 3.87 | 7.18 | 0.44 | |
| Diluted in mil. | 0.34 | 1.10 | 1.60 | 1.78 | 1.77 | 1.96 | 1.78 | 0.90 | 2.89 | 3.15 | 3.04 | 1.91 | 3.85 | 7.14 | 0.43 | |
|
Profit
|
272.00 | 308.00 | 267.00 | 137.00 | 147.00 | 179.00 | 190.00 | 215.00 | 236.00 | 266.00 | 287.00 | 229.00 | 365.00 | 546.00 | 88.00 | |
| Gross Margin | 65.33 | 63.81 | 49.86 | 23.56 | 22.63 | 22.92 | 19.85 | 21.91 | 21.49 | 20.14 | 20.41 | 18.05 | 21.98 | 27.71 | 6.44 | |
| Pre Tax | 18.00 | 53.00 | 76.00 | 83.00 | 83.00 | 96.00 | 79.00 | 58.00 | 107.00 | 120.00 | 116.00 | 69.00 | 154.00 | 260.00 | 56.00 | |
| Profit Margin | 4.36 | 10.97 | 14.27 | 14.23 | 12.86 | 12.30 | 8.31 | 5.94 | 9.76 | 9.10 | 8.23 | 5.46 | 9.32 | 13.22 | 4.13 | |
| ETR | 45.31 | 39.67 | 38.35 | 36.66 | 35.10 | 36.34 | 30.24 | 52.61 | 18.73 | 23.45 | 24.99 | 23.92 | 25.08 | 25.93 | 24.43 | |
| Net | 9.00 | 32.00 | 47.00 | 52.00 | 54.00 | 61.00 | 55.00 | 27.00 | 87.00 | 92.00 | 87.00 | 52.00 | 105.00 | 193.00 | 11.00 | |
| Profit Margin | 2.38 | 6.62 | 8.80 | 9.01 | 8.35 | 7.83 | 5.79 | 2.82 | 7.93 | 6.97 | 6.18 | 4.16 | 6.37 | 9.79 | 0.82 | |
| EBITDA | 45.00 | 74.00 | 98.00 | 104.00 | 108.00 | 127.00 | 118.00 | 140.00 | 149.00 | 164.00 | 160.00 | 111.00 | 198.00 | 313.00 | 145.00 | |
| EBITDA Margin | 10.94 | 15.33 | 18.29 | 17.89 | 16.56 | 16.37 | 12.39 | 14.31 | 13.60 | 12.43 | 11.41 | 8.75 | 11.96 | 15.88 | 10.62 | |
| Operating Income | 18.00 | 53.00 | 77.00 | 83.00 | 84.00 | 96.00 | 81.00 | 59.00 | 108.00 | 122.00 | 118.00 | 73.00 | 159.00 | 265.00 | 88.00 | |
| Operating Margin | 4.50 | 11.10 | 14.38 | 14.29 | 12.93 | 12.34 | 8.53 | 6.10 | 9.87 | 9.24 | 8.42 | 5.82 | 9.58 | 13.48 | 6.44 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 2.00 | 4.00 | 4.00 | 5.00 | - - | |
| Loss | -317.00 | -360.00 | -459.00 | -500.00 | -568.00 | -684.00 | -877.00 | -880.00 | -992.00 | -1,198.00 | -1,291.00 | -1,195.00 | -1,503.00 | -1,707.00 | -1,282.00 | |
| Cost of Revenue | -144.00 | -175.00 | -268.00 | -446.00 | -504.00 | -601.00 | -768.00 | -767.00 | -864.00 | -1,054.00 | -1,122.00 | -1,040.00 | -1,297.00 | -1,426.00 | -1,282.00 | |
|
Operating Expenses
|
-172.00 | -185.00 | -190.00 | -54.00 | -63.00 | -82.00 | -108.00 | -112.00 | -127.00 | -144.00 | -169.00 | -155.00 | -206.00 | -280.00 | -241.00 | |
| R&D | - - | - - | - - | -1.00 | -1.00 | -1.00 | -1.00 | -1.00 | -1.00 | -1.00 | -1.00 | -2.00 | -2.00 | -2.00 | - - | |
| G&A | -118.00 | -129.00 | -130.00 | -11.00 | -12.00 | -15.00 | -21.00 | -25.00 | -29.00 | -35.00 | -45.00 | -34.00 | -42.00 | -49.00 | -50.00 | |
| SG&A | -118.00 | -129.00 | -130.00 | -11.00 | -12.00 | -15.00 | -21.00 | -25.00 | -29.00 | -35.00 | -45.00 | -34.00 | -42.00 | -49.00 | -5.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -45.00 | |
| Depreciation and Amortization | -19.00 | -20.00 | -20.00 | -21.00 | -23.00 | -31.00 | -37.00 | -38.00 | -41.00 | -42.00 | -42.00 | -37.00 | -39.00 | -47.00 | -57.00 | |
| Interest Expenses | - - | - - | - - | - - | - - | - - | -2.00 | -1.00 | -1.00 | -1.00 | -2.00 | -4.00 | -4.00 | -5.00 | -31.00 | |
| Other Expenses | -7.00 | - - | - - | - - | - - | - - | - - | -42.00 | - - | - - | -2.00 | -4.00 | -4.00 | -5.00 | -31.00 | |
|
WA Shares Outstanding
|
28.00 | 28.00 | 29.00 | 28.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 29.00 | 28.00 | 27.00 | 27.00 | 26.00 | 25.00 | |
| Diluted | 28.00 | 29.00 | 29.00 | 29.00 | 30.00 | 31.00 | 31.00 | 30.00 | 30.00 | 29.00 | 28.00 | 27.00 | 27.00 | 26.00 | 26.00 |