Return On Asset ratio Analysis of Forward Air Corporation - Deep Dive


Latest FY ROA
Period Ending - Dec-23

1.44


Poor ROA
Period Ending - Dec-22
15.99

Very Good ROA
Growth
-91.02 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-3.52


Very Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

-2.24


Very Poor ROA
ROA Analysis of Forward Air Corporation
ROA Ratio of Forward Air Corporation with value of -3.52 means poor return on Assets in trailing twelve months.
ROA Ratio of Forward Air Corporation with value of -2.24 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of FWRD drastically fell by -91.02 % this year.
ROA Ratio with value of 15.99 was highest in Year Dec-22 in last Five Years.
ROA Ratio with value of 1.44 was lowest in Year Dec-23 in last Five Years.
Latest ROA Ratio with value of 1.44 is lower than Average ROA of 7.59 in last five years.
ROA of Forward Air Corporation is negative because of negative Income in Trailing Twelve Months ended on Mar-24.
Other ROA Related Info of FWRD that may interest you.
Forward Air Corporation Overview
CodePricePrevious PricePrice ChangeSector
FWRD16.816.74 0.358 % Integrated Freight & Logistics
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula
ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio
Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of Forward Air Corporation
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA1.4415.999.472.278.7912.1112.70
Change-91.02 %68.86 %317.94 %-74.22 %-27.41 %-4.64 %194.28 %
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FY Chart of Return On Asset of Forward Air Corporation


Note : All Data Generated at the End of Trading Hours (EOD Data)