Company / FCF Margin
Forward Industries, Inc. FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
-24.9%
FY2025
5-year range
-24.9% / 3.6%
FY2021-FY2025
Trend
-1196.9%
vs FY2024
Sector context
#148 of 149
Financials
What the data says
FCF Margin changed -1197% YoY in FY2025, a notable deviation from the 9-year average annual change of -82%.
Based on SEC 10-K filings.
-24.9% in FY2025 with a 5-year CAGR of -23.9%.
Declined from 2.5% to -24.9% over the past 2 years.
Financials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -28.5pp
- 5-Year Change
- -23.9pp
- 10-Year Change
- -
Sector benchmark
Bottom 1% in FinancialsTop 99% of 149This company -24.9% Sector average 23.3%
▼
-206.7% below sector average
Key checks
Key Insights
- Forward Industries, Inc.'s fcf margin has declined for 3 consecutive years.
- In FY2025, fcf margin decreased 1196.9% year-over-year.
- Currently 48.2pp below the Financials sector average.
- Peak fcf margin was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -24.9% | -1196.9% |
| FY2024 | 2.3% | -8.1% |
| FY2023 | 2.5% | -30.8% |
| FY2022 | 3.6% | +333.3% |
| FY2021 | -1.5% | -59.4% |
| FY2020 | -1.0% | +82.1% |
| FY2019 | -5.3% | -305.0% |
| FY2018 | 2.6% | +566.1% |
| FY2017 | -0.6% | -121.4% |
| FY2016 | 2.6% | +138.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026