XNASFWRD
Market cap822mUSD
Dec 24, Last price
28.40USD
1D
-0.25%
1Q
-20.96%
Jan 2017
-40.06%
Name
Forward Air Corp
Chart & Performance
Profile
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,370,735 -30.54% | 1,973,403 18.71% | 1,662,427 30.94% | |||||||
Cost of revenue | 1,090,716 | 1,478,899 | 1,341,681 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 280,019 | 494,504 | 320,746 | |||||||
NOPBT Margin | 20.43% | 25.06% | 19.29% | |||||||
Operating Taxes | 13,836 | 67,647 | 38,872 | |||||||
Tax Rate | 4.94% | 13.68% | 12.12% | |||||||
NOPAT | 266,183 | 426,857 | 281,874 | |||||||
Net income | 167,351 -13.38% | 193,191 82.50% | 105,859 100.62% | |||||||
Dividends | (24,995) | (25,865) | (22,976) | |||||||
Dividend yield | 1.53% | 0.92% | 0.70% | |||||||
Proceeds from repurchase of equity | (93,011) | (62,565) | (44,372) | |||||||
BB yield | 5.69% | 2.22% | 1.34% | |||||||
Debt | ||||||||||
Debt current | 101,333 | 56,550 | 53,620 | |||||||
Long-term debt | 2,031,512 | 383,112 | 415,387 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 89,344 | 59,044 | 49,624 | |||||||
Net debt | 2,010,876 | 393,840 | 475,098 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 181,388 | 259,090 | 120,261 | |||||||
CAPEX | (30,725) | (40,729) | (39,109) | |||||||
Cash from investing activities | 174,838 | (104,462) | (88,312) | |||||||
Cash from financing activities | 1,550,025 | (146,122) | (34,887) | |||||||
FCF | 312,638 | 391,979 | 176,068 | |||||||
Balance | ||||||||||
Cash | 121,969 | 45,822 | 37,316 | |||||||
Long term investments | (43,407) | |||||||||
Excess cash | 53,432 | |||||||||
Stockholders' equity | 480,577 | 436,389 | 335,180 | |||||||
Invested Capital | 2,790,340 | 1,044,135 | 963,344 | |||||||
ROIC | 13.88% | 42.53% | 30.60% | |||||||
ROCE | 9.85% | 45.15% | 31.86% | |||||||
EV | ||||||||||
Common stock shares outstanding | 26,003 | 26,926 | 27,292 | |||||||
Price | 62.87 -40.06% | 104.89 -13.38% | 121.09 57.59% | |||||||
Market cap | 1,634,809 -42.12% | 2,824,268 -14.54% | 3,304,788 55.28% | |||||||
EV | 3,645,685 | 3,218,108 | 3,779,886 | |||||||
EBITDA | 337,424 | 541,890 | 360,298 | |||||||
EV/EBITDA | 10.80 | 5.94 | 10.49 | |||||||
Interest | 31,571 | 5,138 | 4,338 | |||||||
Interest/NOPBT | 11.27% | 1.04% | 1.35% |