FWRD FY 2024 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

FY 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$2.5B+80.5% YoY

Gross Profit

$340M13.7% margin

Operating Income

-$1.1B-43.0% margin

Net Income

-$817M-33.0% margin

EPS (Diluted)

$-29.66

Cash Flow

Operating Cash Flow

-$75M

Free Cash Flow

-$112M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.5B

Stockholders' Equity

$202M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$1.4B	+80.5%
Gross Profit	$340M	$330M	+2.9%
Operating Income	-$1.1B	$88M	-1305.0%
Net Income	-$817M	$167M	-588.2%