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Asset logo for symbol FWRD
Forward Air
FWRD48
$16.18arrow_drop_up4.05%$0.63
Asset logo for symbol FWRD
FWRD48

$16.18

arrow_drop_up4.05%

Income Statement (FWRD)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
EBIT-$17.84M$19.87M-$1.09B-$66.39M$3.00M
EBITDA$19.81M$45.76M-$1.04B-$34.60M$20.57M
gross Profit$134.99M$110.39M-$3.04M-$65.73M$3.00M
NET Income-$36.41M-$73.40M-$645.43M-$61.71M-$53.94M
total Revenue$632.84M$655.93M$643.66M$541.81M$338.42M

Balance Sheet (FWRD)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
cash Equivalents-----
net Debt$364.96M$1.95B$1.95B$1.89B$1.78B
stockholders Equity$241.49M$226.08M$283.76M$926.07M$764.26M
total Assets$2.83B$3.05B$3.06B$3.95B$3.04B
total Debt$469.86M$2.08B$2.06B$2.06B$1.94B
total Liabilities$2.59B$2.71B$2.70B$2.62B$2.27B

Cash Flow (FWRD)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
financing Cash Flow--$6.43M-$4.23M-$98.13M$1.65B
free Cash Flow-$37.74M$107.65M-$64.50M-$117.28M$14.65M
investing Cash Flow-----
operating Cash Flow-$30.49M$116.62M-$50.08M-$112.31M$21.95M

Forward Air (FWRD) Financials

Forward Air Corp (FWRD) is a transportation and logistics company that specializes in time-definite surface transportation and related logistics services. The company operates through its various subsidiaries across the United States and Canada. As of [DATE], Forward Air Corp reported total revenues of [TOTAL_REVENUE] and a gross profit of [GROSS_PROFIT]. The company's net income from stockholders stood at [NET_INCOME_FROM_STOCKHOLDERS].
Looking at the company's income statement, Forward Air Corp generated an EBIT of [EBIT] and an EBITDA of [EBITDA]. These figures highlight the company's operational profitability and its ability to generate earnings before interest, taxes, depreciation, and amortization. Additionally, the company's cash flow statement reveals a positive operating cash flow of [OPERATING_CASH_FLOW], indicating healthy cash inflows from its core business operations.
Turning to the company's balance sheet, Forward Air Corp reports total assets of [TOTAL_ASSETS], including cash equivalents of [CASH_EQUIVALENTS]. The company holds a net debt of [NET_DEBT] and has a stockholders' equity of [STOCKHOLDERS_EQUITY]. These figures provide insights into the company's financial position and its ability to meet its financial obligations. Moreover, the company's total liabilities amount to [TOTAL_LIABILITIES], indicating its total obligations that require future settlement.
In terms of cash flow, Forward Air Corp's cash flow statement reveals various information. The financing cash flow section reflects the company's cash inflows and outflows related to financing activities, such as issuing debt or repurchasing shares. Meanwhile, the investing cash flow section highlights the company's cash inflows and outflows related to investing activities, including capital expenditures and acquisitions. Lastly, the operating cash flow section showcases the company's cash generated or used in its day-to-day operations.
In summary, Forward Air Corp (FWRD) demonstrates strong financial performance with solid revenues, profitability, and cash flow generation. The company's ability to maintain a healthy balance sheet and effectively manage its debt obligations ensures its financial stability. With a focus on time-definite transportation services, Forward Air Corp continues to serve its customers with reliable logistics solutions. As the company moves forward, it remains committed to delivering value to its shareholders and expanding its presence in the transportation and logistics industry.
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