Forward Air Corporation
FWRD · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$1,124,841 | $42,803 | $193,191 | $116,091 |
| Dep. & Amort. | $143,978 | $57,405 | $47,386 | $39,552 |
| Deferred Tax | -$133,510 | -$8,893 | $7,686 | $1,421 |
| Stock-Based Comp. | $10,188 | $11,495 | $10,661 | $10,500 |
| Change in WC | -$11,779 | $92,491 | -$11,400 | -$51,604 |
| Other Non-Cash | $1,040,562 | -$13,913 | $11,566 | $4,301 |
| Operating Cash Flow | -$75,402 | $181,388 | $259,090 | $120,261 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$37,060 | -$30,725 | -$40,729 | -$39,109 |
| Net Acquisitions | -$1,576,219 | -$52,962 | -$66,105 | -$59,866 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | $4,693 | $258,525 | $2,372 | $10,663 |
| Investing Cash Flow | -$1,608,586 | $174,838 | -$104,462 | -$88,312 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$98,425 | $1,672,500 | -$55,108 | $42,577 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $753 | -$93,811 | -$62,771 | -$48,989 |
| Dividends Paid | $0 | -$24,995 | -$25,865 | -$22,976 |
| Other Fin. Act. | -$66,160 | -$3,669 | -$2,378 | -$5,499 |
| Financing Cash Flow | -$163,832 | $1,550,025 | -$146,122 | -$34,887 |
| Forex Effect | $1,013 | $0 | $0 | $0 |
| Net Chg. in Cash | -$1,846,807 | $1,906,251 | $8,506 | -$2,938 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $1,952,073 | $45,822 | $37,316 | $40,254 |
| End Cash | $105,266 | $1,952,073 | $45,822 | $37,316 |
| Free Cash Flow | -$112,462 | $150,663 | $218,361 | $81,152 |