FORWARD INDUSTRIES, INC. (FWDI) Return on equity 2017–2025
FORWARD INDUSTRIES, INC. (FWDI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-11.4%FY2025 · since FY2017: 6.5% → -11.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -11.4% | +54.4 pp |
| FY2024 | -65.7% | +77.1 pp |
| FY2023 | -142.8% | -120.8 pp |
| FY2022 | -22.0% | -29.0 pp |
| FY2021 | 7.0% | +34.0 pp |
| FY2020 | -27.0% | +19.8 pp |
| FY2019 | -46.7% | -59.2 pp |
| FY2018 | 12.4% | +5.9 pp |
| FY2017 | 6.5% | — |
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
More FWDI financial trends
FWDI RevenueFWDI Net incomeFWDI Net marginFWDI Gross profitFWDI Gross marginFWDI Operating incomeFWDI Operating marginFWDI Operating cash flowFWDI Free cash flowFWDI Capital expendituresFWDI Stock buybacksFWDI Dividends paidFWDI Total assetsFWDI Total liabilitiesFWDI Shareholders’ equityFWDI overview →