Forward Industries (FWDI) Asset Utilization Ratio (2011 - 2025)
Forward Industries (FWDI) posted Asset Utilization Ratio of 0.03 for Q4 2025, up 20.54% sequentially from 0.02 in Q3 2025, and down 97.86% YoY from 1.38 in Q4 2024.
Analysis
Forward Industries (FWDI) Asset Utilization Ratio (2011 - 2025) Analysis & Trends
Forward Industries has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.03 in Q4 2025.
- Quarterly Asset Utilization Ratio fell 97.86% year-over-year to 0.03 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.03 (down 97.86% YoY) and the FY2025 annual result came in at 0.02, down 98.04% from the prior year.
- Asset Utilization Ratio advanced to 0.03 in Q4 2025 per FWDI's latest filing, from 0.02 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.03 in Q2 2021 and troughed at 0.02 in Q3 2025.
- A 5-year average of 1.6 and a median of 1.72 in 2022 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio advanced 18.58% in 2023, then slumped 98.33% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 1.96 in 2021, then retreated by 13.17% to 1.7 in 2022, then gained by 18.58% to 2.01 in 2023, then sank by 31.58% to 1.38 in 2024, then tumbled by 97.86% to 0.03 in 2025.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.03, 0.02, and 1.45 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.73 Bn | 47.70 Bn | 5.39 Bn | 1.23 |
| 2 | Deckers Outdoor | 12.08 Bn | 10.17 Bn | - | - |
| 3 | Birkenstock Holding | 6.33 Bn | 5.52 Bn | 493.89 Mn | 0.42 |
| 4 | Crocs | 5.69 Bn | 5.52 Bn | 700.71 Mn | 0.93 |
| 5 | Steven Madden | 3.00 Bn | 2.91 Bn | 309.66 Mn | 1.45 |
| 6 | Wolverine World Wide | 1.59 Bn | 1.43 Bn | 235.30 Mn | 1.15 |
| 7 | Forward Industries | 568.82 Mn | 568.82 Mn | - | - |
| 8 | Weyco | 414.22 Mn | 318.75 Mn | 43.78 Mn | 0.86 |
| 9 | Rocky Brands | 330.96 Mn | 328.33 Mn | 60.80 Mn | 1.04 |
| 10 | Fossil | 299.90 Mn | 220.95 Mn | 130.79 Mn | 1.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 1.29 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 1.38 |
| Sep 30, 2024 | 1.47 |
| Jun 30, 2024 | 1.69 |
| Mar 31, 2024 | 1.87 |
| Dec 31, 2023 | 2.02 |
| Sep 30, 2023 | 2.00 |
| Jun 30, 2023 | 1.71 |
| Mar 31, 2023 | 1.70 |
| Dec 31, 2022 | 1.70 |
| Sep 30, 2022 | 1.73 |
| Jun 30, 2022 | 1.92 |
| Mar 31, 2022 | 1.95 |
| Dec 31, 2021 | 1.96 |
| Sep 30, 2021 | 2.01 |
| Jun 30, 2021 | 2.03 |
| Mar 31, 2021 | 2.03 |