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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) EBT Margin (2016 - 2025)

Historic EBT Margin for Forward Air (FWRD) over the last 17 years, with Q3 2025 value amounting to 3.7%.

  • Forward Air's EBT Margin rose 13200.0% to 3.7% in Q3 2025 from the same period last year, while for Sep 2025 it was 5.41%, marking a year-over-year increase of 543400.0%. This contributed to the annual value of 4.13% for FY2023, which is 103000.0% down from last year.
  • Latest data reveals that Forward Air reported EBT Margin of 3.7% as of Q3 2025, which was up 13200.0% from 6.0% recorded in Q2 2025.
  • Over the past 5 years, Forward Air's EBT Margin peaked at 21.02% during Q4 2021, and registered a low of 177.33% during Q2 2024.
  • Its 5-year average for EBT Margin is 5.48%, with a median of 6.53% in 2021.
  • As far as peak fluctuations go, Forward Air's EBT Margin crashed by -1844500bps in 2024, and later skyrocketed by 1713300bps in 2025.
  • Forward Air's EBT Margin (Quarter) stood at 21.02% in 2021, then plummeted by -51bps to 10.28% in 2022, then crashed by -160bps to 6.2% in 2023, then rose by 19bps to 5.02% in 2024, then grew by 26bps to 3.7% in 2025.
  • Its EBT Margin was 3.7% in Q3 2025, compared to 6.0% in Q2 2025 and 6.78% in Q1 2025.