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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) Net Margin (2016 - 2025)

Forward Air's Net Margin history spans 17 years, with the latest figure at 9.98% for Q1 2025.

  • For Q1 2025, Net Margin changed N/A year-over-year to 9.98%; the TTM value through Dec 2025 reached 2.45%, down 219.0%, while the annual FY2024 figure was 0.26%, 934.0% down from the prior year.
  • Net Margin reached 9.98% in Q1 2025 per FWRD's latest filing, down from 0.06% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 34.41% in Q4 2023 to a low of 9.98% in Q1 2025.
  • Average Net Margin over 5 years is 2.14%, with a median of 0.69% recorded in 2023.
  • Peak YoY movement for Net Margin: skyrocketed 3344bps in 2023, then plummeted -3447bps in 2024.
  • A 5-year view of Net Margin shows it stood at 6.21% in 2021, then plummeted by -84bps to 0.98% in 2022, then skyrocketed by 3427bps to 34.41% in 2023, then crashed by -100bps to 0.06% in 2024, then plummeted by -16783bps to 9.98% in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Net Margin are 9.98% (Q1 2025), 0.06% (Q4 2024), and 0.17% (Q3 2024).