Rankings
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Calendar
FWRD FY 2023 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena
FWRD
Forward Air Corporation
$706M
FY 2023 Earnings
Industrials
Integrated Freight & Logistics
Income Statement
Revenue
$1.4B
-18.4% YoY
Gross Profit
$330M
24.1% margin
Operating Income
$88M
6.4% margin
Net Income
$167M
12.2% margin
EPS (Diluted)
$0.43
Cash Flow
Operating Cash Flow
$181M
Free Cash Flow
$151M
Stock-Based Comp.
$11M
Balance Sheet
Total Assets
$3.0B
Total Liabilities
$2.2B
Stockholders' Equity
$764M
Cash & Equivalents
$122M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.4B
$1.7B
-18.4%
Gross Profit
$330M
$492M
-32.9%
Operating Income
$88M
$248M
-64.4%
Net Income
$167M
$193M
-13.4%
← Q4 2022
All Quarters
Q1 2023 →