Forward Air Corporation (FWRD) financial statements (2020 and earlier)

Company profile

Business Address 1915 SNAPPS FERRY ROAD
GREENEVILLE, TN 37745
State of Incorp. TN
Fiscal Year End December 31
SIC 4731 - Arrangement of Transportation of Freight and Cargo (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3526493341127
Cash and cash equivalents3526493341127
Receivables1571561431171099577
Inventory, net of allowances, customer advances and progress billings 211111
Inventory 211111
Other current assets23      
Other undisclosed current assets 171410301215
Total current assets:216201163136173150220
Noncurrent Assets
Property, plant and equipment221210206200187172155
Intangible assets, net (including goodwill)350313303291333217129
Goodwill22019919218520614488
Intangible assets, net (excluding goodwill)1301141111071287340
Other undisclosed noncurrent assets194361613623
Total noncurrent assets:765559525505527392286
TOTAL ASSETS:981760688641700542506
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities84675344453923
Accounts payable33352518232116
Accrued liabilities51151514119 
Employee-related liabilities 1713121086
Taxes payable  00 1 
Debt200285600
Customer advances and deposits0010
Other liabilities7      
Other undisclosed current liabilities478668412
Total current liabilities:1407560781094335
Noncurrent Liabilities
Long-term debt and lease obligation73474112910
Long-term debt, excluding current maturities 4740 28  
Capital lease obligations001110
Other undisclosed long-term debt and lease obligation73      
Liabilities, other than long-term debt94855464523436
Deferred tax liabilities, net43372942402527
Other liabilities514824221289
Total noncurrent liabilities:1671329464813536
Total liabilities:3072071541421907870
Stockholders' equity
Stockholders' equity attributable to parent561553533499510464436
Common stock0000000
Additional paid in capital222210195180161130108
Retained earnings339343338319349333328
Total stockholders' equity:561553533499510464436
Other undisclosed liabilities and equity113      
TOTAL LIABILITIES AND EQUITY:981760688641700542506

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,3851,3211,101983959781652
Cost of revenue(1,235)(989)(536)(480)(473)(402)(336)
Cost of goods and services sold(463)(614)(523)(452)(446)(370)(313)
Gross profit:150332565503487379316
Operating expenses(29)(210)(457)(443)(405)(283)(232)
Operating income:12112210960829684
Nonoperating expense(2)(2)(1)(2)(2)(0)(0)
Other nonoperating income (expense)(0)(0)(0)0(0)00
Interest and debt expense(2)(2)(1)(2)(2)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes2212211
Income from continuing operations before income taxes:11912010758809684
Income tax expense(28)(28)(20)(31)(24)(35)(29)
Net income attributable to parent:91928728566154
Undistributed earnings (loss) allocated to participating securities, basic(1)(1) 
Net income available to common stockholders, diluted:90918728566154

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:91928728566154
Comprehensive income, net of tax, attributable to parent:91928728566154

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: