Forward Air (FWRD) Asset Utilization Ratio (2010 - 2026)

Forward Air has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.91 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio changed 0.21% year-over-year to 0.91; the trailing twelve-month figure through Mar 2026 stood at 0.91 (changed 0.21% YoY), and the FY2025 full-year result was 0.9, up 5.6% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.91, up from 0.91 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 1.4 in Q4 2022, with the low at 0.45 in Q1 2024.
• Historically, Asset Utilization Ratio has averaged 0.98 across 5 years, with a median of 0.91 in 2025.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio tumbled 66.66% — and 2025, when it soared 102.64%.
• Forward Air's Asset Utilization Ratio stood at 1.4 in 2022, then sank by 53.15% to 0.66 in 2023, then increased by 28.49% to 0.84 in 2024, then advanced by 7.16% to 0.91 in 2025, then climbed by 0.54% to 0.91 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.91 (Q1 2026), 0.91 (Q4 2025), and 0.9 (Q3 2025), per Business Quant data.