Forward Air Past Earnings Performance
Past criteria checks 0/6
Forward Air has been growing earnings at an average annual rate of 3.2%, while the Logistics industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 5.7% per year.
Key information
3.2%
Earnings growth rate
4.6%
EPS growth rate
| Logistics Industry Growth | 19.0% |
| Revenue growth rate | 5.7% |
| Return on equity | -6.0% |
| Net Margin | -4.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Forward Air: A Show-Me Story That Could Unveil Upside Potential (Rating Upgrade)
May 06Forward Air And Its Real Value
Feb 11Forward Air: Understated Downside Risk As The Deal Is Set To Close
Jan 24We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt
Sep 11
Forward Air (NASDAQ:FWRD) Is Paying Out A Dividend Of $0.24
Aug 12At US$112, Is Forward Air Corporation (NASDAQ:FWRD) Worth Looking At Closely?
Aug 04Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?
Jun 25These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt Safely
Jun 13Forward Air (NASDAQ:FWRD) Could Become A Multi-Bagger
Jun 01Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24
May 15Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)
Apr 21With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case
Mar 24Is Forward Air (NASDAQ:FWRD) A Risky Investment?
Mar 12Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24
Feb 12Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$97.81?
Feb 10Returns on Capital Paint A Bright Future For Forward Air (NASDAQ:FWRD)
Jan 29An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 28% Undervalued
Dec 07Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?
Nov 11Under The Bonnet, Forward Air's (NASDAQ:FWRD) Returns Look Impressive
Oct 05Forward Air reports mid-quarter 16% growth in revenue per shipment through August
Sep 12Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt
Sep 09Forward Air Corporation (NASDAQ:FWRD) Shares Could Be 41% Below Their Intrinsic Value Estimate
Aug 26Forward Air goes ex-dividend tomorrow
Aug 16With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case
Aug 03Revenue & Expenses Breakdown
How Forward Air makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,555 | -65 | 50 | 0 |
| 31 Dec 23 | 1,371 | 42 | 50 | 0 |
| 30 Sep 23 | 1,361 | 92 | 50 | 0 |
| 30 Jun 23 | 1,457 | 134 | 49 | 0 |
| 31 Mar 23 | 1,570 | 170 | 49 | 0 |
| 31 Dec 22 | 1,680 | 178 | 47 | 0 |
| 30 Sep 22 | 1,952 | 187 | 49 | 0 |
| 30 Jun 22 | 1,862 | 166 | 47 | 0 |
| 31 Mar 22 | 1,767 | 141 | 44 | 0 |
| 31 Dec 21 | 1,387 | 106 | 39 | 0 |
| 30 Sep 21 | 1,553 | 92 | 39 | 0 |
| 30 Jun 21 | 1,465 | 79 | 38 | 0 |
| 31 Mar 21 | 1,326 | 58 | 35 | 0 |
| 31 Dec 20 | 1,270 | 52 | 35 | 0 |
| 30 Sep 20 | 1,239 | 60 | 36 | 0 |
| 30 Jun 20 | 1,221 | 63 | 37 | 0 |
| 31 Mar 20 | 1,242 | 75 | 41 | 0 |
| 31 Dec 19 | 1,215 | 81 | 39 | 0 |
| 30 Sep 19 | 1,252 | 87 | 38 | 0 |
| 30 Jun 19 | 1,270 | 88 | 38 | 0 |
| 31 Mar 19 | 1,297 | 91 | 36 | 0 |
| 31 Dec 18 | 1,138 | 88 | 30 | 0 |
| 30 Sep 18 | 1,289 | 98 | 35 | 0 |
| 30 Jun 18 | 1,256 | 94 | 33 | 0 |
| 31 Mar 18 | 1,210 | 90 | 31 | 0 |
| 31 Dec 17 | 1,169 | 87 | 30 | 0 |
| 30 Sep 17 | 1,109 | 65 | 28 | 0 |
| 30 Jun 17 | 1,060 | 58 | 27 | 0 |
| 31 Mar 17 | 1,015 | 29 | 26 | 0 |
| 31 Dec 16 | 1,030 | 27 | 25 | 0 |
| 30 Sep 16 | 974 | 38 | 24 | 0 |
| 30 Jun 16 | 972 | 42 | 22 | 0 |
| 31 Mar 16 | 983 | 63 | 22 | 0 |
| 31 Dec 15 | 959 | 55 | 21 | 0 |
| 30 Sep 15 | 917 | 49 | 21 | 0 |
| 30 Jun 15 | 871 | 50 | 20 | 0 |
| 31 Mar 15 | 815 | 55 | 17 | 0 |
| 31 Dec 14 | 781 | 61 | 16 | 0 |
| 30 Sep 14 | 748 | 60 | 14 | 0 |
| 30 Jun 14 | 717 | 57 | 14 | 0 |
| 31 Mar 14 | 682 | 54 | 14 | 0 |
| 31 Dec 13 | 652 | 54 | 13 | 0 |
| 30 Sep 13 | 627 | 55 | 12 | 0 |
| 30 Jun 13 | 600 | 53 | 12 | 0 |
Quality Earnings: FWRD is currently unprofitable.
Growing Profit Margin: FWRD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FWRD is unprofitable, but has reduced losses over the past 5 years at a rate of 3.2% per year.
Accelerating Growth: Unable to compare FWRD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FWRD is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-43.7%).
Return on Equity
High ROE: FWRD has a negative Return on Equity (-6%), as it is currently unprofitable.