Growth Metrics

Forward Air (FWRD) Return on Equity (2016 - 2025)

Forward Air's Return on Equity history spans 16 years, with the latest figure at 0.41% for Q4 2025.

  • For Q4 2025, Return on Equity fell 39.0% year-over-year to 0.41%; the TTM value through Dec 2025 reached 0.41%, down 39.0%, while the annual FY2024 figure was 0.01%, 18.0% down from the prior year.
  • Return on Equity reached 0.41% in Q4 2025 per FWRD's latest filing, down from 0.35% in the prior quarter.
  • In the past five years, Return on Equity ranged from a high of 0.32% in Q3 2024 to a low of 0.41% in Q4 2025.
  • Average Return on Equity over 5 years is 0.03%, with a median of 0.01% recorded in 2022.
  • Peak YoY movement for Return on Equity: rose 30bps in 2024, then plummeted -66bps in 2025.
  • A 5-year view of Return on Equity shows it stood at 0.0% in 2021, then soared by 1217bps to 0.02% in 2022, then soared by 779bps to 0.17% in 2023, then plummeted by -112bps to 0.02% in 2024, then crashed by -1878bps to 0.41% in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Return on Equity are 0.41% (Q4 2025), 0.35% (Q3 2025), and 0.28% (Q2 2025).