Company / Return on Assets (ROA)
Forward Air Corp. Return on Assets (ROA) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
-4.0%
FY2025
5-year range
-29.1% / 9.5%
FY2021-FY2025
Trend
+86.4%
vs FY2024
Sector context
#310 of 350
Industrials
What the data says
Forward Air Corp.'s return on assets (roa) of -4.0% is lower than 89% of companies in the Industrials sector (FY2025). Return on Assets (ROA) has fluctuated over the past 10 years, ranging from -29.1% in FY2024 to 12.6% in FY2017.
Based on SEC 10-K filings.
-4.0% in FY2025 with a 5-year CAGR of -6.2%.
Declined from 5.6% to -4.0% over the past 2 years.
Industrials sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- -5.9pp
- 5-Year Change
- -6.2pp
- 10-Year Change
- -
Sector benchmark
Bottom 11% in IndustrialsTop 89% of 350This company -4.0% Sector average 1.9%
▼
-303.7% below sector average
Key checks
Key Insights
- In FY2025, return on assets (roa) increased 86.4% year-over-year.
- Currently 5.9pp below the Industrials sector average.
- Peak return on assets (roa) was recorded in FY2017.
- Lowest return on assets (roa) in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -4.0% | +86.4% |
| FY2024 | -29.1% | -618.7% |
| FY2023 | 5.6% | +186.7% |
| FY2022 | 2.0% | -79.3% |
| FY2021 | 9.5% | +317.2% |
| FY2020 | 2.3% | -74.2% |
| FY2019 | 8.8% | -27.4% |
| FY2018 | 12.1% | -3.9% |
| FY2017 | 12.6% | +195.1% |
| FY2016 | 4.3% | -46.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026