Forward Air (FWRD) Return on Capital Employed (2010 - 2026)

Forward Air has reported Return on Capital Employed for 17 years, with the latest figure at 2.3% in Q1 2026.

• For the quarter ending Q1 2026, Return on Capital Employed rose 4426.0% year-over-year to 2.3%; the trailing twelve-month figure through Mar 2026 stood at 2.3% (up 4426.0% YoY), and the FY2025 full-year result was 1.56%, up 4396.0% from the prior year.
• Return on Capital Employed for Q1 2026 stood at 2.3%, up from 1.56% in the prior quarter.
• The five-year high for Return on Capital Employed was 24.14% in Q3 2022, with the low at 43.47% in Q3 2024.
• Historically, Return on Capital Employed has averaged 0.25% across 5 years, with a median of 4.97% in 2025.
• Annual changes were most pronounced in 2024 — Return on Capital Employed slumped 5633 bps — and 2025, when it jumped 4844 bps.
• Forward Air's Return on Capital Employed stood at 24.09% in 2022, then sank by 80 bps to 4.77% in 2023, then tumbled by 975 bps to 41.76% in 2024, then jumped by 104 bps to 1.56% in 2025, then jumped by 47 bps to 2.3% in 2026.
• The last three Return on Capital Employed figures came in at 2.3% (Q1 2026), 1.56% (Q4 2025), and 4.97% (Q3 2025), per Business Quant data.