Financial Statements

Forward Air Corporation (FWRD)

$94.15

+0.21 (+0.22%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 304350343338-
Net Income 10624879287
Stock Dividends -52-49-59-69269
Dividend Paid -23-21-20-18-18
Retained Earnings 335304350343338

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 313365210206-
Annual Depreciation 93-3118346244
Capital Expenditure -39-20-28-42-38
Net PPE 367313365210206

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -192199221245
New Purchases -----
Intangible and Goodwill 192199221245267

Forward Air Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Forward Air Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.