FWRDForward Air Corporation

$575M

FY 2013 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$652M+11.6% YoY

Gross Profit

$148M22.6% margin

Operating Income

$84M12.9% margin

Net Income

$54M8.3% margin

EPS (Diluted)

$1.77

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$55M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$506M

Total Liabilities

$70M

Stockholders' Equity

$436M

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$652M	$584M	+11.6%
Gross Profit	$148M	$138M	+7.3%
Operating Income	$84M	$84M	+1.0%
Net Income	$54M	$53M	+3.4%

FWRD FY 2013 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena