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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) Invested Capital (2016 - 2026)

Forward Air filings provide 18 years of Invested Capital readings, the most recent being $1.8 billion for Q1 2026.

  • On a quarterly basis, Invested Capital rose 624.58% to $1.8 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $1.8 billion, a 624.58% increase, with the full-year FY2025 number at $1.8 billion, up 439.66% from a year prior.
  • Invested Capital hit $1.8 billion in Q1 2026 for Forward Air, down from $1.8 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $3.0 billion in Q1 2024 to a low of $233.1 million in Q2 2025.
  • Median Invested Capital over the past 5 years was $796.0 million (2023), compared with a mean of $969.5 million.
  • Biggest five-year swings in Invested Capital: tumbled 91.87% in 2025 and later surged 624.58% in 2026.
  • Forward Air's Invested Capital stood at $815.3 million in 2022, then decreased by 1.43% to $803.6 million in 2023, then tumbled by 58.48% to $333.7 million in 2024, then surged by 439.66% to $1.8 billion in 2025, then dropped by 1.63% to $1.8 billion in 2026.
  • The last three reported values for Invested Capital were $1.8 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.9 billion (Q3 2025) per Business Quant data.