FWRD Q4 2021 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

Q4 2021 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$460M+31.3% YoY

Gross Profit

$112M24.4% margin

Operating Income

$52M11.3% margin

Net Income

$40M8.8% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$28M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$524M

Stockholders' Equity

$594M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$460M	$350M	+31.3%
Gross Profit	$112M	$66M	+71.3%
Operating Income	$52M	$21M	+150.8%
Net Income	$40M	-$4M	+1010.8%

Revenue Segments

Expedited Freight Segment

$377M82%

Intermodal Segment

$83M18%