Forward Air Corporation (FWRD) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 45.74M | -22.73M | 52.71M | -13.22M | 27.61M | -23.62M | 50.02M | -50.08M | -51.72M | 21.96M | 29.86M | 63.57M |
| Operating CF Margin % | 7.86% | -3.6% | 8.34% | -2.14% | 4.5% | -3.73% | 7.63% | -7.78% | -9.55% | 17.15% | 8.76% | 19.06% |
| Operating CF Growth % | 65.63% | 3.77% | 5.39% | 73.61% | 153.39% | -207.57% | 67.48% | -178.78% | -178.37% | -64.74% | -64.44% | 26.3% |
| Net Income | -34.32M | -117.97M | -16.25M | -20.36M | -61.19M | -35.38M | -387.19M | -640.56M | -61.71M | -14.58M | 6.49M | 17.01M |
| Depreciation & Amortization | 38.52M | 40.72M | 37.75M | 36.81M | 37.36M | 37.66M | 25.9M | 48.64M | 31.79M | 17.58M | 14.21M | 13.24M |
| Stock-Based Compensation | 0 | 2.38M | 0 | 4.71M | 2.96M | 2.1M | 2.9M | 0 | 5.19M | 2.14M | 2.77M | 0 |
| Deferred Taxes | -2.17M | -10.43M | 4.2M | -1.93M | -2.79M | 63.65M | -33.55M | -166.55M | 0 | -11.09M | 17K | 325K |
| Other Non-Cash Items | 2.26M | 102.74M | -6.91M | 11.66M | 4.45M | -67.95M | 365.04M | 768.97M | -4.75M | -35.24M | 7.1M | 11.04M |
| Working Capital Changes | 41.44M | -40.18M | 33.92M | -44.1M | 46.83M | -23.7M | 76.93M | -60.58M | -22.23M | 63.15M | -729K | 21.96M |
| Change in Receivables | 11.86M | -9.21M | 472K | 4.94M | -21.58M | 47.11M | 2.68M | -21.61M | -20.5M | 6.27M | -17.72M | 22.29M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 30.63M | -2.17M | 38.78M | -57.99M | 67.65M | -73.94M | 29.66M | 10.56M | 0 | 30.4M | 0 | -36K |
| Cash from Investing | -5.52M | -7.94M | -3.85M | -3.88M | -11.24M | -15.71M | -9.47M | -13.95M | -1.57B | 251.68M | -5.74M | -9.57M |
| Capital Expenditures | -6.95M | -8.35M | -4.12M | -4.74M | -11.91M | -7.25M | -10.41M | -14.43M | -4.97M | -7.31M | -5.24M | -10.32M |
| CapEx % of Revenue | 1.19% | 1.32% | 0.65% | 0.77% | 1.94% | 1.15% | 1.59% | 2.24% | 0.92% | 5.71% | 1.54% | 3.09% |
| Acquisitions | 1.43M | 0 | 294K | 0 | 0 | -8.33M | 0 | 557K | -1.57B | 466K | 0 | 1.22M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 415K | -31K | 859K | 667K | -125K | 942K | -85K | 760K | 258.52M | -495K | -469K |
| Cash from Financing | -4.91M | -3.93M | -3.66M | -4.62M | -5.33M | 5.56M | -6.44M | -4.23M | -158.73M | 1.66B | -23.56M | -67.75M |
| Debt Issued (Net) | -4.22M | -4.32M | -3.61M | -4.94M | -4.43M | 95.34M | -6.21M | -4.57M | -84.56M | 1.67B | -3.29M | -32.59M |
| Equity Issued (Net) | 0 | 412K | 0 | 434K | -894K | -355K | -14K | 369K | -1.33M | 379K | -14.02M | -28.88M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.2M | -6.2M | -6.25M |
| Share Repurchases | 0 | 0 | 0 | 434K | -894K | 0 | 0 | 0 | -1.33M | 0 | -14.02M | -29.3M |
| Other Financing | -685K | -21K | -52K | -107K | 0 | -89.42M | -211K | -35K | -72.84M | -154K | -55K | -32K |
| Net Change in Cash | 35.03M | -34.36M | 45.05M | -21.37M | 11.41M | -32.89M | 33.5M | -67.61M | -1.78B | 142.73M | 562K | -13.75M |
| Free Cash Flow | 38.79M | -31.08M | 48.6M | -17.96M | 15.71M | -30.87M | 39.6M | -64.51M | -56.69M | 14.65M | 24.62M | 53.26M |
| FCF Margin % | 6.66% | -4.92% | 7.69% | -2.9% | 2.56% | -4.88% | 6.04% | -10.02% | -10.46% | 11.44% | 7.22% | 15.96% |
| FCF Growth % | 146.94% | -0.68% | 22.72% | 72.16% | 127.71% | -310.71% | 60.85% | -221.13% | -195.75% | -68.8% | -68.13% | 28.11% |
| FCF per Share | 1.25 | -1.00 | 1.57 | -0.59 | 0.52 | -1.05 | 1.42 | -2.41 | -2.16 | 0.57 | 0.96 | 2.05 |
| FCF Conversion (FCF/Net Income) | -1.33x | 0.80x | -3.24x | 1.05x | -0.55x | 0.65x | -0.68x | 0.08x | 0.84x | 0.22x | 3.22x | 3.19x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |