Forward Industries (FWDI) Return on Invested Capital (2012 - 2025)

Forward Industries has disclosed Return on Invested Capital across 11 years of filings, most recently posting 0.01% for Q4 2025.

• Return on Invested Capital for Q4 2025 came in at 0.01%, up 1.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.01% (up 1.0% YoY), and the FY2025 annual result was 0.0%, up 1.0% from the prior year.
• Return on Invested Capital came in at 0.01% for Q4 2025 at Forward Industries, down from 0.0% in the prior quarter.
• In the past five years, Return on Invested Capital ranged from a high of 0.0% in Q2 2023 to a low of 0.02% in Q2 2025.
• The 5-year median for Return on Invested Capital is 0.0% (2021), against an average of 0.0%.
• Across the five-year window, Return on Invested Capital fell 1 bps in 2024 and grew 1 bps in 2025, its largest moves.
• Forward Industries' Return on Invested Capital stood at 0.0% in 2021, then jumped by 136 bps to 0.0% in 2022, then tumbled by 211 bps to 0.0% in 2023, then slumped by 2225 bps to 0.01% in 2024, then soared by 51 bps to 0.01% in 2025.
• The last three Return on Invested Capital figures came in at 0.01% (Q4 2025), 0.0% (Q3 2025), and 0.02% (Q2 2025), per Business Quant data.