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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 - 2026)

Forward Air filings provide 17 years of Return on Invested Capital readings, the most recent being 0.0% for Q1 2026.

  • On a quarterly basis, Return on Invested Capital rose 3.0% to 0.0% in Q1 2026 year-over-year; TTM through Mar 2026 was 0.0%, a 3.0% increase, with the full-year FY2025 number at 0.0%, up 2.0% from a year prior.
  • Return on Invested Capital hit 0.0% in Q1 2026 for Forward Air, up from 0.0% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.01% in Q2 2025 to a low of 0.03% in Q1 2025.
  • Median Return on Invested Capital over the past 5 years was 0.0% (2023), compared with a mean of 0.0%.
  • Biggest five-year swings in Return on Invested Capital: decreased -3bps in 2024 and later grew 3bps in 2025.
  • Forward Air's Return on Invested Capital stood at 0.0% in 2022, then plummeted by -63bps to 0.0% in 2023, then plummeted by -3279bps to 0.03% in 2024, then surged by 101bps to 0.0% in 2025, then increased by 28bps to 0.0% in 2026.
  • The last three reported values for Return on Invested Capital were 0.0% (Q1 2026), 0.0% (Q4 2025), and 0.0% (Q3 2025) per Business Quant data.