FWRD Q1 2021 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

Q1 2021 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$362M+18.5% YoY

Gross Profit

$71M19.5% margin

Operating Income

$23M6.3% margin

Net Income

$11M3.1% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$7M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$471M

Stockholders' Equity

$545M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$362M	$306M	+18.5%
Gross Profit	$71M	$54M	+30.3%
Operating Income	$23M	$16M	+44.1%
Net Income	$11M	$8M	+33.5%

Revenue Segments

Expedited Freight Segment

$304M84%

Intermodal Segment

$59M16%