Return On Equity ratio Analysis of Forward Air Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Not Good ROE
5.60
Period Ending - Dec-22
Very Good ROE
27.32
Growth
-79.50 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-10.00
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-9.59
ROE Analysis of Forward Air Corporation
| ROE Ratio of Forward Air Corporation with value of -10.00 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Forward Air Corporation with value of -9.59 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of FWRD drastically fell by -79.50 % this year. |
| ROE Ratio with value of 27.32 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of 4.34 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 5.60 is lower than Average ROE of 14.03 in last five years. |
| ROE of Forward Air Corporation is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of FWRD that may interest you.
Forward Air Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FWRD | 16.8 | 16.74 | 0.358 % | Integrated Freight & Logistics |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Forward Air Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 5.60 | 27.32 | 17.83 | 4.34 | 15.09 | 16.64 | 16.37 |
| Change | -79.50 % | 53.19 % | 311.24 % | -71.27 % | -9.30 % | 1.65 % | 195.22 % |
FY Chart of Return On Equity of Forward Air Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)