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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) Return on Invested Capital (2016 - 2025)

Historic Return on Invested Capital for Forward Air (FWRD) over the last 16 years, with Q3 2025 value amounting to 0.06%.

  • Forward Air's Return on Invested Capital rose 24700.0% to 0.06% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.06%, marking a year-over-year increase of 24700.0%. This contributed to the annual value of 0.08% for FY2023, which is 1500.0% down from last year.
  • Forward Air's Return on Invested Capital amounted to 0.06% in Q3 2025, which was up 24700.0% from 3.79% recorded in Q2 2025.
  • Forward Air's 5-year Return on Invested Capital high stood at 0.23% for Q4 2022, and its period low was 3.79% during Q2 2025.
  • In the last 5 years, Forward Air's Return on Invested Capital had a median value of 0.13% in 2023 and averaged 0.45%.
  • Over the last 5 years, Forward Air's Return on Invested Capital had its largest YoY gain of 24700bps in 2025, and its largest YoY loss of -34000bps in 2025.
  • Quarter analysis of 5 years shows Forward Air's Return on Invested Capital stood at 0.17% in 2021, then soared by 35bps to 0.23% in 2022, then tumbled by -63bps to 0.08% in 2023, then plummeted by -2973bps to 2.41% in 2024, then skyrocketed by 103bps to 0.06% in 2025.
  • Its Return on Invested Capital was 0.06% in Q3 2025, compared to 3.79% in Q2 2025 and 3.41% in Q1 2025.