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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 - 2025)

Forward Air (FWRD) has disclosed Invested Capital for 17 consecutive years, with $1.8 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital rose 723.47% year-over-year to $1.8 billion, compared with a TTM value of $1.8 billion through Dec 2025, up 723.47%, and an annual FY2025 reading of $1.8 billion, up 723.47% over the prior year.
  • Invested Capital was $1.8 billion for Q4 2025 at Forward Air, down from $1.9 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.0 billion in Q1 2024 and bottomed at $108.4 million in Q3 2022.
  • Average Invested Capital over 5 years is $816.0 million, with a median of $759.5 million recorded in 2021.
  • Peak annual rise in Invested Capital hit 723.47% in 2025, while the deepest fall reached 91.87% in 2025.
  • Year by year, Invested Capital stood at $750.6 million in 2021, then increased by 8.62% to $815.3 million in 2022, then fell by 1.49% to $803.2 million in 2023, then tumbled by 72.78% to $218.7 million in 2024, then skyrocketed by 723.47% to $1.8 billion in 2025.
  • Business Quant data shows Invested Capital for FWRD at $1.8 billion in Q4 2025, $1.9 billion in Q3 2025, and $233.1 million in Q2 2025.