Forward Air Corporation (FWRD)

USD 31.41

(-2.12%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 1.37 Billion 1.97 Billion 1.66 Billion 1.26 Billion 1.41 Billion 1.32 Billion
Cost of Revenue 1.28 Billion 1.42 Billion 1.29 Billion 1.04 Billion 1.12 Billion 1.05 Billion
Gross Profit 88.21 Million 546.82 Million 365.32 Million 229.11 Million 287.88 Million 266.03 Million
Operating Expenses 299.34 Million 280.84 Million 206.02 Million 155.18 Million 169.06 Million 144 Million
Selling, General and Administrative Expenses 50.13 Million 49.75 Million 42.18 Million 34.91 Million 45.44 Million 35.18 Million
Research and Development Expenses - 2.55 Million 2.39 Million 2.05 Million 1.71 Million 1.77 Million
Other Expenses 191.8 Million 231.08 Million 163.83 Million 120.27 Million 123.62 Million -2000.00
Cost and Expenses 1.28 Billion 1.7 Billion 1.5 Billion 1.19 Billion 1.29 Billion 1.19 Billion
Operating Income 88.21 Million 265.97 Million 159.3 Million 73.92 Million 118.82 Million 122.03 Million
Interest Expense 31.57 Million 5.13 Million 4.33 Million 4.56 Million 2.71 Million 1.78 Million
Income Tax Expense 13.83 Million 67.64 Million 38.87 Million 16.59 Million 29.01 Million 28.19 Million
Earnings before Tax 56.63 Million 260.83 Million 154.96 Million 69.36 Million 116.11 Million 120.24 Million
Net Income 167.35 Million 193.19 Million 105.85 Million 52.76 Million 87.09 Million 92.05 Million
Earnings Per Share Basic 0.44 7.18 3.87 1.91 3.06 3.17
Earnings Per Share Diluted 0.43 7.14 3.85 1.91 3.04 3.15
Weighted Average Shares Outstanding 25.91 Million 26.78 Million 27.15 Million 27.63 Million 28.19 Million 29.07 Million
Weighted Average Shares Outstanding (Diluted) 26 Million 26.92 Million 27.29 Million 27.69 Million 28.3 Million 29.19 Million
Gross Margin 0.06 0.28 0.22 0.18 0.20 0.20
EBIT Margin 0.11 0.16 0.12 0.09 0.11 0.12
Profit Margin 0.12 0.10 0.06 0.04 0.06 0.07
EBITDA 145.61 Million 290.14 Million 198.85 Million 111.04 Million 148.8 Million 164.21 Million
Earnings Before Tax Margin 0.06 0.13 0.10 0.06 0.08 0.09

Income Statement Charts