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
DateValue
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