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Foward Air Corp (FWRD)

Foward Air Corp (FWRD)
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Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air provides services within four business segments: Expedited LTL (provides expedited regional, inter-regional and national LTL services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals); Truckload Brokerage (provides expedited truckload brokerage, dedicated fleet services, as well as high-security and temperature-controlled logistics services); Intermodal (provides first-and last-mile high-value drayage services both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services); and Pool Distribution (provides high-frequency handling and distribution of time sensitive product to numerous destinations within a specific geographic region).

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 2,474,260 1,370,740 1,973,400 1,662,430 1,269,570
Sales Growth +80.51% -30.54% +18.71% +30.94% -9.99%
Net Income -816,970 167,350 193,190 105,860 23,730
Net Income Growth -588.18% -13.38% +82.50% +346.10% -72.76%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 2,802,640 2,979,530 1,208,080 1,117,820 1,047,390
Total Assets Growth -5.94% +146.63% +8.07% +6.72% +5.70%
Total Liabilities 2,516,770 2,215,270 500,830 524,170 500,060
Total Liabilities Growth +13.61% +342.32% -4.45% +4.82% +20.88%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -69,020 199,210 259,090 124,900 96,110
Operating Cash Flow Growth -134.65% -23.11% +107.44% +29.96% -39.56%
Net Cash Flow -1,846,810 1,906,250 8,510 -2,940 -24,500
Change in Net Cash Flow -196.88% +22,300.11% +389.46% +88.00% -162.68%
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