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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) Interest Coverage Ratio (2016 - 2025)

Forward Air's Interest Coverage Ratio history spans 17 years, with the latest figure at 0.06 for Q4 2025.

  • For Q4 2025, Interest Coverage Ratio fell 104.06% year-over-year to 0.06; the TTM value through Dec 2025 reached 0.2, up 103.59%, while the annual FY2025 figure was 0.2, 103.59% up from the prior year.
  • Interest Coverage Ratio reached 0.06 in Q4 2025 per FWRD's latest filing, down from 0.34 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 73.15 in Q1 2022 to a low of 23.18 in Q2 2024.
  • Average Interest Coverage Ratio over 5 years is 18.13, with a median of 7.29 recorded in 2023.
  • The largest YoY upside for Interest Coverage Ratio was 1151.85% in 2024 against a maximum downside of 327.65% in 2024.
  • A 5-year view of Interest Coverage Ratio shows it stood at 45.27 in 2021, then crashed by 41.22% to 26.61 in 2022, then plummeted by 99.53% to 0.13 in 2023, then skyrocketed by 1151.85% to 1.57 in 2024, then crashed by 104.06% to 0.06 in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Interest Coverage Ratio are 0.06 (Q4 2025), 0.34 (Q3 2025), and 0.43 (Q2 2025).