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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Forward Air (FWRD) Debt Ratio (2016 - 2025)

Historic Debt Ratio for Forward Air (FWRD) over the last 17 years, with Q3 2025 value amounting to 0.61.

  • Forward Air's Debt Ratio rose 1006.24% to 0.61 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.61, marking a year-over-year increase of 1006.24%. This contributed to the annual value of 0.6 for FY2024, which is 1413255.72% up from last year.
  • Per Forward Air's latest filing, its Debt Ratio stood at 0.61 for Q3 2025, which was up 1006.24% from 0.62 recorded in Q2 2025.
  • Forward Air's 5-year Debt Ratio high stood at 0.62 for Q2 2025, and its period low was 0.0 during Q4 2023.
  • Over the past 5 years, Forward Air's median Debt Ratio value was 0.14 (recorded in 2021), while the average stood at 0.28.
  • As far as peak fluctuations go, Forward Air's Debt Ratio crashed by 9557.65% in 2023, and later surged by 1413255.72% in 2024.
  • Forward Air's Debt Ratio (Quarter) stood at 0.14 in 2021, then plummeted by 33.62% to 0.1 in 2022, then tumbled by 95.58% to 0.0 in 2023, then skyrocketed by 14132.56% to 0.6 in 2024, then grew by 0.77% to 0.61 in 2025.
  • Its Debt Ratio was 0.61 in Q3 2025, compared to 0.62 in Q2 2025 and 0.6 in Q1 2025.