FWRD FY 2022 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

FY 2022 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$1.7B+21.1% YoY

Gross Profit

$492M29.3% margin

Operating Income

$248M14.7% margin

Net Income

$193M11.5% margin

EPS (Diluted)

$7.14

Cash Flow

Operating Cash Flow

$259M

Free Cash Flow

$218M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$501M

Stockholders' Equity

$707M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.4B	+21.1%
Gross Profit	$492M	$314M	+56.6%
Operating Income	$248M	$147M	+68.4%
Net Income	$193M	$106M	+82.5%