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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 1.23 |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 0.42 |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 0.93 |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 1.45 |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 1.15 |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 0.86 |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 1.04 |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 1.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 1.45 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 1.38 |
| Sep 30, 2024 | 1.47 |
| Jun 30, 2024 | 1.69 |
| Mar 31, 2024 | 1.86 |
| Dec 31, 2023 | 2.01 |
| 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 |