Forward Air FWRD Return on invested capital

Return on invested capital at other companies

Old Dominion Freight LineODFL

25.5%-0.8pp

C.H. Robinson WorldwideCHRW

19.9%+2.6pp

FedExFDX

6.9%+0.3pp

United Parcel Service, Inc.UPS

18.8%-26.2pp

XPO

XPOXPO

9.8%+1.1pp

RXORXO

-3.4%-0.6pp

FAQ

What is Forward Air's return on invested capital?

Forward Air (FWRD) reported return on invested capital of -8.1% in Q2 2026.

How has Forward Air's return on invested capital changed year-over-year?

Forward Air's return on invested capital decreased by 486.4% year-over-year, from 2.1% to -8.1%.

What is the long-term trend for Forward Air's return on invested capital?

Over 3 years (2020 to 2025), Forward Air's return on invested capital has grown at a -38.1% compound annual growth rate (CAGR), from 7.4% to 1.8%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.