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
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%