FORWARD AIR CORPORATION (FWRD) Return on equity 2016–2025
FORWARD AIR CORPORATION (FWRD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-95.1%FY2025 · since FY2016: 5.5% → -95.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -95.1% | +309.9 pp |
| FY2024 | -405.0% | -426.9 pp |
| FY2023 | 21.9% | -5.4 pp |
| FY2022 | 27.3% | +9.5 pp |
| FY2021 | 17.8% | +13.5 pp |
| FY2020 | 4.3% | -10.8 pp |
| FY2019 | 15.1% | -1.5 pp |
| FY2018 | 16.6% | +0.3 pp |
| FY2017 | 16.4% | +10.9 pp |
| FY2016 | 5.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice