Forward Air Corp financial data

Symbol
FWRD on Nasdaq
Location
1915 Snapps Ferry Road, Building N, Greeneville, TN
State of incorporation
TN
Fiscal year end
December 31
Former names
LANDAIR SERVICES INC (to 8/14/1998)
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 133 % -16.9%
Return On Equity -90.3 % -510%
Return On Assets -21.3 % -269%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.7M shares +7.8%
Common Stock, Shares, Outstanding 27.7M shares +7.42%
Entity Public Float 1.98B USD +8.67%
Common Stock, Value, Issued 277K USD +7.36%
Weighted Average Number of Shares Outstanding, Basic 26.8M shares +3.35%
Weighted Average Number of Shares Outstanding, Diluted 26.8M shares +2.95%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.86B USD +22.1%
Costs and Expenses 3.01B USD +151%
Operating Income (Loss) -1.15B USD -709%
Nonoperating Income (Expense) -114M USD -1304%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.26B USD -800%
Income Tax Expense (Benefit) -197M USD -512%
Net Income (Loss) Attributable to Parent -596M USD -494%
Earnings Per Share, Basic -22 USD/shares -487%
Earnings Per Share, Diluted -22 USD/shares -489%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 84.9M USD +364%
Accounts Receivable, after Allowance for Credit Loss, Current 369M USD +110%
Other Assets, Current 44.4M USD +106%
Assets, Current 559M USD +159%
Property, Plant and Equipment, Net 258M USD +11.8%
Operating Lease, Right-of-Use Asset 324M USD +124%
Intangible Assets, Net (Excluding Goodwill) 1.23B USD +714%
Goodwill 545M USD +52.9%
Assets 3.07B USD +159%
Accounts Payable, Current 143M USD +287%
Employee-related Liabilities, Current 15.3M USD -30.3%
Accrued Liabilities, Current 117M USD +120%
Liabilities, Current 420M USD +148%
Deferred Income Tax Liabilities, Net 271M USD +409%
Operating Lease, Liability, Noncurrent 243M USD +151%
Other Liabilities, Noncurrent 43.1M USD -11%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1M USD
Retained Earnings (Accumulated Deficit) -228M USD -158%
Stockholders' Equity Attributable to Parent 284M USD -57.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 364M USD
Liabilities and Equity 3.07B USD +159%

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 27.7M shares +7.42%
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 105M USD +472%
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 -646M USD -3339%
Lessee, Operating Lease, Liability, to be Paid 131M USD -25.3%
Property, Plant and Equipment, Gross 470M USD +11.9%
Operating Lease, Liability, Current 89.2M USD +68.9%
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
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%
Additional Paid in Capital 513M USD +84.7%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 29.7M USD +136%
Depreciation, Depletion and Amortization 112M USD +147%
Deferred Tax Assets, Net of Valuation Allowance 61.5M USD +7.95%
Share-based Payment Arrangement, Expense 9M USD -12.5%
Interest Expense 70M USD +943%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%