FWRD Q4 2020 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

Q4 2020 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$350M-8.2% YoY

Gross Profit

$66M18.7% margin

Operating Income

$21M5.9% margin

Net Income

-$4M-1.3% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$8M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$500M

Stockholders' Equity

$547M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$350M	$382M	-8.2%
Gross Profit	$66M	$75M	-12.9%
Operating Income	$21M	$33M	-36.9%
Net Income	-$4M	$24M	-118.4%

Revenue Segments

Expedited Freight

$301M85%

Intermodal

$52M15%