Company / Return on Assets (ROA)
Forward Industries, Inc. Return on Assets (ROA) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
-11.3%
FY2025
5-year range
-21.5% / 2.6%
FY2021-FY2025
Trend
+14.3%
vs FY2024
Sector context
#390 of 396
Financials
What the data says
Among 396 Financials companies, Forward Industries, Inc. is in the bottom 2% for return on assets (roa). Return on Assets (ROA) has fluctuated over the past 10 years, ranging from -22.4% in FY2019 to 7.2% in FY2018.
Based on SEC 10-K filings.
-11.3% in FY2025 with a 5-year CAGR of -2.1%.
Improved from -21.5% to -11.3% over the past 2 years.
Financials sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- -4.7pp
- 5-Year Change
- -2.1pp
- 10-Year Change
- -
Sector benchmark
Bottom 2% in FinancialsTop 98% of 396This company -11.3% Sector average 1.5%
▼
-831.4% below sector average
Key checks
Key Insights
- In FY2025, return on assets (roa) increased 14.3% year-over-year.
- Currently 12.9pp below the Financials sector average.
- Peak return on assets (roa) was recorded in FY2018.
- Lowest return on assets (roa) in the period was in FY2019.
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 | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -11.3% | +14.3% |
| FY2024 | -13.2% | +38.5% |
| FY2023 | -21.5% | -226.6% |
| FY2022 | -6.6% | -349.2% |
| FY2021 | 2.6% | +128.8% |
| FY2020 | -9.2% | +59.0% |
| FY2019 | -22.4% | -412.3% |
| FY2018 | 7.2% | +63.0% |
| FY2017 | 4.4% | -10.0% |
| FY2016 | 4.9% | +143.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026