Forward Industries (FWDI) Tax Rate (2011 - 2025)
Forward Industries (FWDI) posted Tax Rate of 0.46% for Q4 2025, down 3604.54% sequentially from 0.01% in Q3 2025.
Analysis
Forward Industries (FWDI) Tax Rate (2011 - 2025) Analysis & Trends
Forward Industries has reported Tax Rate for 9 years, with the latest figure at 0.46% in Q4 2025.
- Quarterly Tax Rate changed N/A year-over-year to 0.46% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.36% (up 50.0% YoY) and the FY2025 annual result came in at 0.01%, up 106.0% from the prior year.
- Tax Rate eased to 0.46% in Q4 2025 per FWDI's latest filing, from 0.01% in the prior quarter.
- Over five years, Tax Rate peaked at 7.85% in Q3 2023 and troughed at 3.3% in Q3 2024.
- A 4-year average of 0.86% and a median of 0.01% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 760 bps in 2023, then sank 1114 bps in 2024.
- Over 4 years, Tax Rate stood at 0.24% in 2022, then jumped by 3118 bps to 7.85% in 2023, then sank by 142 bps to 3.3% in 2024, then jumped by 86 bps to 0.46% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 0.46%, 0.01%, and 3.3% for Q4 2025, Q3 2025, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.58 Bn | 47.55 Bn | 5.39 Bn | 19.56% |
| 2 | Deckers Outdoor | 12.06 Bn | 10.16 Bn | - | - |
| 3 | Birkenstock Holding | 6.28 Bn | 5.48 Bn | 493.89 Mn | -31.53% |
| 4 | Crocs | 5.68 Bn | 5.51 Bn | 700.71 Mn | 22.37% |
| 5 | Steven Madden | 2.98 Bn | 2.88 Bn | 309.66 Mn | 26.63% |
| 6 | Wolverine World Wide | 1.58 Bn | 1.42 Bn | 235.30 Mn | 19.36% |
| 7 | Forward Industries | 541.84 Mn | 541.84 Mn | - | - |
| 8 | Weyco | 423.26 Mn | 327.79 Mn | 43.78 Mn | 28.38% |
| 9 | Rocky Brands | 330.85 Mn | 328.22 Mn | 60.80 Mn | 21.53% |
| 10 | Fossil | 297.84 Mn | 218.89 Mn | 130.79 Mn | -54.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -0.46% |
| Sep 30, 2025 | -0.01% |
| Sep 30, 2024 | -3.30% |
| Sep 30, 2023 | 7.85% |
| Sep 30, 2022 | 0.24% |
| Sep 30, 2020 | -9.39% |
| Sep 30, 2014 | 0.08% |
| Mar 31, 2014 | -0.33% |
| Dec 31, 2013 | 0.01% |
| Mar 31, 2013 | 0.15% |
| Dec 31, 2012 | 0.04% |
| Sep 30, 2012 | -0.19% |
| Mar 31, 2012 | -0.29% |
| Dec 31, 2011 | 0.05% |
| Jun 30, 2011 | 12.09% |