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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) Times Interest Earned (2016 - 2025)

Forward Air (FWRD) has disclosed Times Interest Earned for 17 consecutive years, with -$0.06 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Times Interest Earned fell 104.06% year-over-year to -$0.06, compared with a TTM value of $0.2 through Dec 2025, up 103.59%, and an annual FY2025 reading of $0.2, up 103.59% over the prior year.
  • Times Interest Earned was -$0.06 for Q4 2025 at Forward Air, down from $0.34 in the prior quarter.
  • Across five years, Times Interest Earned topped out at $73.15 in Q1 2022 and bottomed at -$23.18 in Q2 2024.
  • Average Times Interest Earned over 5 years is $18.19, with a median of $8.04 recorded in 2023.
  • Peak annual rise in Times Interest Earned hit 4338.77% in 2024, while the deepest fall reached 298.37% in 2024.
  • Year by year, Times Interest Earned stood at $45.27 in 2021, then crashed by 41.22% to $26.61 in 2022, then plummeted by 100.14% to -$0.04 in 2023, then surged by 4338.77% to $1.57 in 2024, then crashed by 104.06% to -$0.06 in 2025.
  • Business Quant data shows Times Interest Earned for FWRD at -$0.06 in Q4 2025, $0.34 in Q3 2025, and $0.43 in Q2 2025.