Revenue
$1.66B
Fiscal year ended 2025-09-30Operating income
Unavailable
Fiscal year ended 2025-09-30Free cash flow
-$199.90M
Fiscal year ended 2025-09-30Forestar Group Inc. (FOR) reported revenue of $1.66B and net income of $167.90M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Forestar Group Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate.
Income
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.51B | $1.44B | $1.52B | $1.33B | $931.80M | $428.30M | $114.30M | $197.31M | $218.58M |
| Cost of revenue | $1.30B | $1.15B | $1.13B | $1.20B | $1.10B | $813.70M | $362.70M | $112.60M | Unavailable | Unavailable |
| Gross profit | $363.50M | $359.30M | $304.10M | $324.00M | $229.20M | $118.10M | $65.60M | $1.70M | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $39.76M | $140.35M | $23.94M |
| Net income | $167.90M | $203.40M | $166.90M | $178.80M | $110.20M | $60.80M | $33.00M | $50.30M | $58.65M | -$213.05M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 51.06M | shares 50.79M | shares 50.12M | shares 49.85M | shares 48.98M | shares 48.09M | shares 42.01M | shares 42.38M | shares 42.33M | shares 34.27M |
| Pretax income | $219.30M | $270.10M | $221.60M | $235.80M | $146.60M | $78.10M | $45.70M | $52.10M | $92.35M | $8.89M |
| Income tax expense | $51.40M | $66.70M | $54.70M | $57.00M | $36.10M | $16.40M | $9.40M | $45.80M | $15.30M | $35.13M |
| Diluted EPS | $3.29 | $4.00 | $3.33 | $3.59 | $2.25 | $1.26 | $0.79 | $1.19 | $1.38 | $-6.22 |
| Selling, general & administrative | $154.40M | $118.50M | $97.70M | $93.60M | $68.40M | $45.70M | $28.90M | $75.30M | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $56.53M | $21.60M | $27.25M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $379.20M | $481.20M | $616.00M | $264.80M | $153.60M | $394.30M | $382.80M | $321.78M | $265.80M | $96.44M |
| Total assets | $3.14B | $2.84B | $2.47B | $2.34B | $2.10B | $1.74B | $1.46B | $761.91M | $733.21M | $972.25M |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $1.37B | $1.24B | $1.10B | $1.14B | $1.09B | $868.10M | $646.80M | $156.28M | $171.09M | $468.13M |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $1.77B | $1.60B | $1.37B | $1.20B | $1.02B | $871.80M | $808.90M | $605.60M | $562.10M | $504.12M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $37.90M | $41.77M |
| Long-term debt | $802.70M | $706.40M | $695.00M | $706.00M | $704.50M | $641.10M | $460.50M | $108.43M | $110.36M | $381.52M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$197.70M | -$158.40M | $364.10M | $108.70M | -$303.10M | -$168.40M | -$391.20M | -$15.30M | $66.88M | $35.13M |
| Capital expenditures | $2.20M | $2.20M | $1.30M | $3.50M | $1.60M | $600.00K | $900.00K | Unavailable | Unavailable | Unavailable |
| Investing cash flow | $3.20M | $7.30M | $300.00K | $1.30M | $1.00M | $5.00M | -$800.00K | $134.50M | $420.74M | -$60.33M |
| Financing cash flow | $92.50M | $16.30M | -$13.20M | $1.20M | $61.40M | $174.90M | $439.80M | -$22.50M | -$318.26M | -$48.48M |
| Net change in cash | -$102.00M | -$134.80M | $351.20M | $111.20M | -$240.70M | $11.50M | $47.80M | $96.70M | $169.36M | -$73.68M |
| Stock-based compensation | $7.30M | $5.30M | $4.30M | $3.30M | $2.60M | $2.00M | $1.30M | $6.60M | $4.04M | $4.25M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $3.54M | $0 |
| Depreciation & amortization | $3.50M | $3.00M | $3.00M | $2.70M | $2.70M | $4.90M | $6.70M | $5.50M | $11.45M | $45.08M |
Derived
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$199.90M | -$160.60M | $362.80M | $105.20M | -$304.70M | -$169.00M | -$392.10M | Unavailable | Unavailable | Unavailable |
| Gross margin | 21.9% | 23.8% | 21.2% | 21.3% | 17.3% | 12.7% | 15.3% | 1.5% | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 71.1% | 11.0% |
| FCF margin | -12.0% | -10.6% | 25.2% | 6.9% | -23.0% | -18.1% | -91.5% | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.4% | 0.4% | 0.3% | 0.2% | 0.2% | 0.2% | 0.3% | 5.8% | 2.0% | 1.9% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 10.1% | 5.0% | -5.4% | 14.6% | 42.3% | 117.6% | Unavailable | -42.1% | -9.7% | Unavailable |
| Net margin | 10.1% | 13.5% | 11.6% | 11.8% | 8.3% | 6.5% | 7.7% | 44.0% | 29.7% | -97.5% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.1% | 0.1% | 0.1% | 0.2% | 0.1% | 0.1% | 0.2% | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.45x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 23.4% | 24.7% | 24.7% | 24.2% | 24.6% | 21.0% | 20.6% | 87.9% | 16.6% | 395.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FOR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-22View SEC filing
10-Q · Filed 2026-04-23View SEC filing
10-Q · Filed 2026-01-22View SEC filing
10-K · Filed 2025-11-19View SEC filing
10-Q · Filed 2025-07-23View SEC filing
10-Q · Filed 2025-04-22View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.