FWRDForward Air Corporation

$706M

FY 2020 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$1.3B+4.5% YoY

Gross Profit

$229M18.0% margin

Operating Income

$74M5.8% margin

Net Income

$24M1.9% margin

EPS (Diluted)

$0.84

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$64M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$500M

Stockholders' Equity

$547M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+4.5%
Gross Profit	$229M	$254M	-9.7%
Operating Income	$74M	$112M	-34.2%
Net Income	$24M	$87M	-72.8%

FWRD FY 2020 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena