Forward Air Corp financial data

Symbol
FWRD on Nasdaq
Industry
Arrangement of Transportation of Freight & Cargo
Location
1915 Snapps Ferry Road, Building N, Greeneville, Tennessee
State of incorporation
Tennessee
Fiscal year end
December 31
Former names
LANDAIR SERVICES INC (to 8/14/1998)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 132 % -24.7%
Return On Equity 9.15 % -66.5%
Return On Assets 2.97 % -80.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 26.4M shares +0.12%
Common Stock, Shares, Outstanding 26.4M shares +1.48%
Entity Public Float 1.98B USD +8.67%
Common Stock, Value, Issued 265K USD +1.53%
Weighted Average Number of Shares Outstanding, Basic 26.2M shares -0.51%
Weighted Average Number of Shares Outstanding, Diluted 26.2M shares -0.99%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.55B USD -4.97%
Costs and Expenses 1.58B USD +18.5%
Operating Income (Loss) -24.7M USD -110%
Nonoperating Income (Expense) -70.6M USD -953%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -95.3M USD -141%
Income Tax Expense (Benefit) -15.5M USD -126%
Net Income (Loss) Attributable to Parent 69.3M USD -62.9%
Earnings Per Share, Basic 2.25 USD/shares -67.7%
Earnings Per Share, Diluted 2.24 USD/shares -67.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 152M USD +375%
Accounts Receivable, after Allowance for Credit Loss, Current 352M USD +74.7%
Other Assets, Current 4.3M USD -82.4%
Assets, Current 569M USD +121%
Property, Plant and Equipment, Net 258M USD +11.8%
Operating Lease, Right-of-Use Asset 334M USD +122%
Intangible Assets, Net (Excluding Goodwill) 1.26B USD +712%
Goodwill 1.38B USD +287%
Assets 3.96B USD +223%
Accounts Payable, Current 131M USD +204%
Employee-related Liabilities, Current 15.3M USD -30.3%
Accrued Liabilities, Current 119M USD +125%
Liabilities, Current 445M USD +168%
Deferred Income Tax Liabilities, Net 178M USD +236%
Operating Lease, Liability, Noncurrent 247M USD +140%
Other Liabilities, Noncurrent 45.5M USD -9.84%
Accumulated Other Comprehensive Income (Loss), Net of Tax -151K USD
Retained Earnings (Accumulated Deficit) 417M USD +1.44%
Stockholders' Equity Attributable to Parent 926M USD +35.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.33B USD
Liabilities and Equity 3.96B USD +223%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 66M USD +5.61%
Net Cash Provided by (Used in) Financing Activities -18.2M USD +36.6%
Net Cash Provided by (Used in) Investing Activities -61.5M USD -555%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 26.4M shares +1.48%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.78B USD -12803%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 172M USD +438%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11.9M USD +123%
Deferred Tax Assets, Valuation Allowance 395K USD -91.5%
Deferred Tax Assets, Gross 61.9M USD +0.45%
Operating Lease, Liability 116M USD -20.6%
Depreciation 11M USD +35.6%
Payments to Acquire Property, Plant, and Equipment 29.2M USD -18.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -61.9M USD -270%
Lessee, Operating Lease, Liability, to be Paid 131M USD -25.3%
Property, Plant and Equipment, Gross 470M USD +11.9%
Operating Lease, Liability, Current 93.6M USD +79.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 34.3M USD -27.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 49M USD -14%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 2.95M USD +58.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.5M USD -48.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 23.2M USD -27.7%
Deferred Tax Assets, Operating Loss Carryforwards 634K USD -1.71%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -6.27M USD -199%
Current Income Tax Expense (Benefit) 22.7M USD -58.9%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 153K USD -22.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.4M USD -39.5%
Operating Lease, Payments 54.5M USD +5.18%
Additional Paid in Capital 509M USD +85.6%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 4.29M USD -64.4%
Current Federal Tax Expense (Benefit) 18.4M USD -57.4%
Amortization of Intangible Assets 29.7M USD +136%
Depreciation, Depletion and Amortization 76.8M USD +75.4%
Deferred Tax Assets, Net of Valuation Allowance 61.5M USD +7.95%
Share-based Payment Arrangement, Expense 9M USD -12.5%
Deferred State and Local Income Tax Expense (Benefit) -2.63M USD -292%
Interest Expense 70M USD +943%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%