FWRD FY 2021 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

FY 2021 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$1.4B+9.3% YoY

Gross Profit

$314M22.6% margin

Operating Income

$147M10.6% margin

Net Income

$106M7.6% margin

EPS (Diluted)

$3.85

Cash Flow

Operating Cash Flow

$120M

Free Cash Flow

$81M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$524M

Stockholders' Equity

$594M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+9.3%
Gross Profit	$314M	$229M	+37.0%
Operating Income	$147M	$74M	+98.9%
Net Income	$106M	$24M	+346.0%