Forward Industries (FWDI) Asset Utilization Ratio (2011 - 2025)
Forward Industries' (FWDI) quarterly Asset Utilization Ratio came in at 0.03 in Q4 2025, down 97.86% year-on-year from 1.38 in Q4 2024, and up 20.54% quarter-over-quarter from 0.02 in Q3 2025.
Forward Industries (FWDI) Asset Utilization Ratio (2011 - 2025) Analysis & Trends
Forward Industries has disclosed Asset Utilization Ratio across 11 years of filings, most recently posting 0.03 for Q4 2025.
- Asset Utilization Ratio for Q4 2025 came in at 0.03, down 97.86% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.03 (down 97.86% YoY), and the FY2025 annual result was 0.02, down 98.04% from the prior year.
- Asset Utilization Ratio came in at 0.03 for Q4 2025 at Forward Industries, up from 0.02 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.03 in Q2 2021 to a low of 0.02 in Q3 2025.
- The 5-year median for Asset Utilization Ratio is 1.72 (2023), against an average of 1.6.
- Across the five-year window, Asset Utilization Ratio rose 18.16% in 2023 and slumped 98.33% in 2025, its largest moves.
- Forward Industries' Asset Utilization Ratio stood at 1.96 in 2021, then declined by 13.17% to 1.7 in 2022, then gained by 18.16% to 2.01 in 2023, then tumbled by 31.33% to 1.38 in 2024, then tumbled by 97.86% to 0.03 in 2025.
- The last three Asset Utilization Ratio figures came in at 0.03 (Q4 2025), 0.02 (Q3 2025), and 1.45 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | 0.43 |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | 1.24 |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 1.36 |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 0.94 |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | 1.36 |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 1.10 |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | 1.06 |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | 1.45 |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | 0.03 |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 0.89 |
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 | 1.85 |
| Dec 31, 2023 | 2.01 |
| Sep 30, 2023 | 1.99 |
| 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 |