Forward Air Corp financial data

Symbol
FWRD on Nasdaq
Industry
Arrangement of Transportation of Freight & Cargo
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 - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 130 % -10.9%
Return On Equity -97.1 %
Return On Assets -20.8 % -330%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29M shares +12.8%
Common Stock, Shares, Outstanding 28.7M shares +11.8%
Entity Public Float 1.98B USD +8.67%
Common Stock, Value, Issued 287K USD +11.7%
Weighted Average Number of Shares Outstanding, Basic 27.9M shares +8.73%
Weighted Average Number of Shares Outstanding, Diluted 27.9M shares +8.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.18B USD +51.9%
Costs and Expenses 3.32B USD +204%
Operating Income (Loss) -1.14B USD -986%
Nonoperating Income (Expense) -167M USD -1709%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.3B USD -1194%
Income Tax Expense (Benefit) -198M USD -713%
Net Income (Loss) Attributable to Parent -679M USD -725%
Earnings Per Share, Basic -25 USD/shares -710%
Earnings Per Share, Diluted -25 USD/shares -711%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 137M USD +625%
Accounts Receivable, after Allowance for Credit Loss, Current 361M USD +88.3%
Other Assets, Current 13.1M USD -51.9%
Assets, Current 545M USD +129%
Property, Plant and Equipment, Net 258M USD +11.8%
Operating Lease, Right-of-Use Asset 355M USD +164%
Intangible Assets, Net (Excluding Goodwill) 1.03B USD +604%
Goodwill 716M USD +101%
Assets 3.06B USD +157%
Accounts Payable, Current 157M USD +244%
Employee-related Liabilities, Current 15.3M USD -30.3%
Accrued Liabilities, Current 136M USD +140%
Liabilities, Current 449M USD +136%
Deferred Income Tax Liabilities, Net 210M USD +293%
Operating Lease, Liability, Noncurrent 276M USD +214%
Other Liabilities, Noncurrent 42.4M USD -16.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -824K USD
Retained Earnings (Accumulated Deficit) -302M USD -178%
Stockholders' Equity Attributable to Parent 226M USD -66%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 337M USD
Liabilities and Equity 3.06B USD +157%

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 28.7M shares +11.8%
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 138M USD +633%
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 -73.2M USD -888%
Lessee, Operating Lease, Liability, to be Paid 131M USD -25.3%
Property, Plant and Equipment, Gross 470M USD +11.9%
Operating Lease, Liability, Current 89.6M USD +73.9%
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 528M USD +88.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 29.7M USD +136%
Depreciation, Depletion and Amortization 124M USD +161%
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%