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Forestar Group (FOR) Financials

Forestar Group logo
$20.02 +0.64 (+3.29%)
Closing price 05/2/2025 03:59 PM Eastern
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Annual Income Statements for Forestar Group

Annual Income Statements for Forestar Group

This table shows Forestar Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Net Income / (Loss) Attributable to Common Shareholders		 17 -213 59 50 33 61 110 179 167 203
Consolidated Net Income / (Loss)		 17 -212 60 52 36 62 111 179 167 203
Net Income / (Loss) Continuing Operations		 37 -26 77 6.30 36 62 111 179 167 203
Total Pre-Tax Income 		58 8.89 92 52 46 78 147 236 222 270
Total Revenue		 237 186 344 219 437 937 1,330 1,523 1,452 1,539
Net Interest Income / (Expense)		 -30 -34 -20 -8.50 5.50 4.90 1.20 1.00 14 20
Total Interest Income		 0.00 0.00 0.00 0.00 5.50 4.90 1.20 1.00 14 20
Investment Securities Interest Income		 - - - - 5.50 4.90 1.20 1.00 14 20
Total Interest Expense		 30 34 20 8.50 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 268 220 364 228 431 932 1,328 1,522 1,439 1,519
Net Realized & Unrealized Capital Gains on Investments		 30 1.59 167 113 3.00 0.10 2.50 3.20 1.60 9.50
Other Non-Interest Income		 229 212 195 114 428 932 1,326 1,519 1,437 1,509
Total Non-Interest Expense		 197 196 260 189 392 859 1,183 1,289 1,231 1,269
Other Operating Expenses		 160 135 224 188 392 859 1,165 1,289 1,231 1,269
Nonoperating Income / (Expense), net		 17 19 7.84 21 0.50 0.70 0.20 1.20 - 0.00
Income Tax Expense		 21 35 15 46 9.40 16 36 57 55 67
Basic Earnings per Share		 $0.38 ($6.22) $1.40 $1.19 $0.79 $1.26 $2.25 $3.59 $3.34 $4.03
Weighted Average Basic Shares Outstanding		 35.32M 34.27M 34.55M 42.14M 41.97M 48.04M 48.90M 49.82M 49.99M 50.43M
Diluted Earnings per Share		 $0.38 ($6.22) $1.38 $1.19 $0.79 $1.26 $2.25 $3.59 $3.33 $4.00
Weighted Average Diluted Shares Outstanding		 43.60M 34.27M 42.33M 42.38M 42.01M 48.09M 48.98M 49.85M 50.12M 50.79M
Weighted Average Basic & Diluted Shares Outstanding		 33.62M 33.91M 41.90M 42.20M 48.01M 48.07M 49.59M 49.77M 49.91M 50.67M

Quarterly Income Statements for Forestar Group

This table shows Forestar Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 51 21 27 47 72 38 45 39 82 17 32
Consolidated Net Income / (Loss)		 51 21 27 47 72 38 45 39 82 17 32
Net Income / (Loss) Continuing Operations		 51 21 27 47 72 38 45 39 82 17 32
Total Pre-Tax Income 		66 28 36 62 95 51 59 52 108 22 41
Total Revenue		 382 220 304 373 556 312 339 328 560 253 352
Net Interest Income / (Expense)		 0.80 1.70 2.00 3.80 6.10 6.30 5.00 4.40 4.10 2.30 1.00
Total Interest Income		 0.80 1.70 2.00 3.80 6.10 6.30 5.00 4.40 4.10 2.30 1.00
Investment Securities Interest Income		 0.80 1.70 2.00 3.80 6.10 6.30 5.00 4.40 4.10 2.30 1.00
Total Interest Expense		 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00
Total Non-Interest Income		 381 218 302 369 550 306 334 323 556 250 351
Other Non-Interest Income		 381 217 302 369 550 306 334 318 551 250 351
Total Non-Interest Expense		 316 192 268 310 461 261 280 276 452 231 311
Other Operating Expenses		 316 192 268 310 461 261 280 276 452 231 310
Other Special Charges		 - - - - - - - - - - 1.10
Nonoperating Income / (Expense), net		 0.10 - - - - 0.00 - - - 0.60 0.00
Income Tax Expense		 16 7.10 9.00 16 23 13 14 13 27 5.40 9.10
Basic Earnings per Share		 $1.02 $0.42 $0.54 $0.94 $1.44 $0.76 $0.90 $0.76 $1.61 $0.32 $0.62
Weighted Average Basic Shares Outstanding		 49.82M 49.89M 49.94M 50.06M 49.99M 50.07M 50.15M 50.76M 50.43M 50.82M 50.80M
Diluted Earnings per Share		 $1.02 $0.42 $0.54 $0.93 $1.44 $0.76 $0.89 $0.76 $1.59 $0.32 $0.62
Weighted Average Diluted Shares Outstanding		 49.85M 49.90M 50.01M 50.18M 50.12M 50.46M 50.63M 51.06M 50.79M 51.09M 51.05M
Weighted Average Basic & Diluted Shares Outstanding		 49.77M 49.77M 49.90M 49.90M 49.91M 49.91M 50.60M 50.65M 50.67M 50.68M 50.82M

Annual Cash Flow Statements for Forestar Group

This table details how cash moves in and out of Forestar Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Net Change in Cash & Equivalents		 -22 -74 170 97 48 12 -241 111 351 -135
Net Cash From Operating Activities		 107 35 67 -15 -391 -168 -303 109 364 -158
Net Cash From Continuing Operating Activities		 107 35 67 -22 -391 -168 -303 109 364 -158
Net Income / (Loss) Continuing Operations		 17 -212 60 52 36 62 111 179 167 203
Consolidated Net Income / (Loss)		 17 -212 60 52 36 62 111 179 167 203
Depreciation Expense		 42 45 11 5.50 6.70 4.90 2.70 2.70 3.00 3.00
Non-Cash Adjustments to Reconcile Net Income		 51 217 -0.95 -53 4.10 2.20 21 11 27 -0.10
Changes in Operating Assets and Liabilities, net		 -3.15 -14 -3.53 -20 -438 -237 -437 -84 168 -365
Net Cash From Investing Activities		 -130 -60 421 135 -0.80 5.00 1.00 1.30 0.30 7.30
Net Cash From Continuing Investing Activities		 -130 -60 421 135 -0.80 5.00 1.00 1.30 0.30 7.30
Purchase of Property, Leasehold Improvements and Equipment		 -102 -50 -0.58 -2.40 -0.90 -0.60 -1.60 -3.50 -1.30 -2.20
Sale and/or Maturity of Investments		 24 30 434 142 0.10 5.60 2.60 4.80 1.60 9.50
Net Cash From Financing Activities		 0.47 -48 -318 -23 440 175 61 1.20 -13 16
Net Cash From Continuing Financing Activities		 0.47 -48 -318 -23 440 175 61 1.20 -13 16
Issuance of Common Equity		 - 0.00 - 0.00 101 0.00 33 1.70 0.00 20
Repayment of Debt		 -225 -58 -315 -10 -85 -119 -422 0.00 -13 0.00
Other Financing Activities, Net		 -14 -1.73 -2.68 -16 -11 -6.20 -8.00 -0.50 -0.70 -3.40
Cash Income Taxes Paid		 18 -4.08 10 -2.70 -1.70 -3.10 4.30 42 45 46

Quarterly Cash Flow Statements for Forestar Group

This table details how cash moves in and out of Forestar Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 119 -48 70 114 215 -157 -43 -57 122 -349 42
Net Cash From Operating Activities		 119 -50 71 115 228 -157 -59 -62 119 -450 -20
Net Cash From Continuing Operating Activities		 119 -50 71 115 228 -157 -59 -63 120 -450 -20
Net Income / (Loss) Continuing Operations		 51 21 27 47 72 38 45 39 82 17 32
Consolidated Net Income / (Loss)		 51 21 27 47 72 38 45 39 82 17 32
Depreciation Expense		 0.70 0.70 0.80 0.80 0.70 0.80 0.60 0.90 0.70 0.80 1.00
Non-Cash Adjustments to Reconcile Net Income		 5.90 1.40 22 1.80 1.30 1.10 2.30 -4.30 0.80 3.10 3.70
Changes in Operating Assets and Liabilities, net		 62 -73 21 66 154 -197 -107 -98 37 -470 -56
Net Cash From Investing Activities		 -0.30 1.50 -0.20 -0.50 -0.50 -0.20 -0.60 4.50 3.60 0.90 -0.70
Net Cash From Continuing Investing Activities		 -0.30 1.50 -0.20 -0.50 -0.50 -0.20 -0.60 4.50 3.60 0.90 -0.70
Purchase of Property, Leasehold Improvements and Equipment		 -0.30 -0.10 -0.20 -0.50 -0.50 -0.20 -0.60 -0.60 -0.80 0.00 -0.70
Net Cash From Financing Activities		 -0.10 -0.10 -0.60 -0.10 -12 -0.20 17 0.20 -0.80 100 63
Net Cash From Continuing Financing Activities		 -0.10 -0.10 -0.60 -0.10 -12 -0.20 17 0.20 -0.80 100 63
Issuance of Debt		 - - - - - 0.00 - - - 100 645
Other Financing Activities, Net		 -0.10 -0.10 -0.60 -0.10 0.10 -0.20 -2.60 0.20 -0.80 -0.10 -7.80

Annual Balance Sheets for Forestar Group

This table presents Forestar Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Total Assets		 1,258 972 733 762 893 1,456 1,740 2,102 2,343 2,471 2,840
Cash and Due from Banks		 170 96 266 323 319 383 394 154 265 616 481
Trading Account Securities		 65 82 78 65 12 7.30 3.60 0.90 0.50 0.50 0.30
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 851 597 296 132 500 1,031 1,311 1,908 2,028 1,796 2,273
Other Assets		 106 152 56 201 47 34 31 39 50 58 85
Total Liabilities & Shareholders' Equity		 1,258 972 733 762 893 1,456 1,740 2,102 2,343 2,471 2,840
Total Liabilities		 548 468 171 156 219 647 868 1,086 1,144 1,101 1,245
Short-Term Debt		 - - - - - - - 47 72 68 86
Other Short-Term Payables		 - 17 8.93 11 58 96 79 57 70 61 68
Long-Term Debt		 433 382 110 108 112 461 641 705 706 695 706
Other Long-Term Liabilities		 102 56 40 23 - 90 148 277 295 276 384
Commitments & Contingencies		 0.00 0.00 0.00 - - 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 710 504 562 606 675 809 872 1,016 1,199 1,370 1,595
Total Preferred & Common Equity		 707 502 561 604 673 808 871 1,015 1,198 1,369 1,594
Total Common Equity		 707 502 561 604 673 808 871 1,015 1,198 1,369 1,594
Common Stock		 596 599 598 548 548 650 652 686 690 694 716
Retained Earnings		 167 -46 13 56 125 158 219 329 508 675 878
Noncontrolling Interest		 2.54 2.52 1.47 1.42 1.20 0.60 0.90 1.00 1.00 1.00 1.00

Quarterly Balance Sheets for Forestar Group

This table presents Forestar Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025
Period end date 6/30/2022 12/31/2022 3/31/2023 6/30/2023 12/31/2023 3/31/2024 6/30/2024 12/31/2024 3/31/2025
Total Assets		 2,268 2,341 2,336 2,375 2,534 2,599 2,675 2,961 3,043
Cash and Due from Banks		 146 216 287 401 459 416 359 132 174
Trading Account Securities		 0.40 0.50 0.50 0.50 0.50 0.50 0.30 0.00 0.00
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 2,060 2,073 1,994 1,915 2,016 2,122 2,245 2,744 2,767
Other Assets		 61 51 56 59 59 60 70 85 102
Total Liabilities & Shareholders' Equity		 2,268 2,341 2,336 2,375 2,534 2,599 2,675 2,961 3,043
Total Liabilities		 1,120 1,121 1,088 1,079 1,125 1,126 1,162 1,347 1,397
Short-Term Debt		 64 73 68 69 65 62 71 79 70
Other Short-Term Payables		 68 61 48 54 63 56 56 56 44
Long-Term Debt		 706 706 707 707 705 706 706 807 873
Other Long-Term Liabilities		 283 281 265 249 291 303 329 405 410
Commitments & Contingencies		 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,148 1,221 1,249 1,297 1,409 1,473 1,513 1,614 1,646
Total Preferred & Common Equity		 1,147 1,220 1,248 1,296 1,408 1,472 1,512 1,613 1,645
Total Common Equity		 1,147 1,220 1,248 1,296 1,408 1,472 1,512 1,613 1,645
Common Stock		 690 691 692 693 695 714 715 718 719
Retained Earnings		 457 529 556 602 713 758 797 895 926
Noncontrolling Interest		 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00

Annual Metrics and Ratios for Forestar Group

This table displays calculated financial ratios and metrics derived from Forestar Group's official financial filings.

Metric 2014 2015 2016 2017 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -24.92% -21.61% 84.89% -36.29% 0.00% 114.47% 41.92% 14.58% -4.67% 5.96%
EBITDA Growth		 44.98% -57.36% 174.45% -62.27% 0.00% 58.57% 81.17% 59.15% -5.35% 21.59%
EBIT Growth		 51.56% -125.14% 934.70% -63.67% 0.00% 71.24% 89.15% 60.25% -5.54% 21.89%
NOPAT Growth		 16.52% 16.36% 135.92% -94.73% 0.00% 70.31% 80.47% 61.21% -6.18% 21.87%
Net Income Growth		 -51.26% -1,342.81% 128.34% -13.09% 0.00% 69.97% 79.09% 61.81% -6.66% 21.87%
EPS Growth		 -52.50% -1,736.84% 122.19% -13.77% 0.00% 59.49% 78.57% 59.56% -7.24% 20.12%
Operating Cash Flow Growth		 20.62% -67.20% 91.17% -122.79% 0.00% 56.95% -79.99% 135.86% 234.96% -143.50%
Free Cash Flow Firm Growth		 80.28% 751.68% -1.08% -113.35% 0.00% 0.00% 20.73% 77.99% 134.89% -556.76%
Invested Capital Growth		 6.50% -22.48% -24.07% 6.18% 0.00% 19.18% 16.85% 11.86% 7.88% 11.91%
Revenue Q/Q Growth		 -28.36% 79.97% 70.30% -42.38% 0.00% 12.98% 5.85% -2.52% 13.59% 0.26%
EBITDA Q/Q Growth		 -8.09% 79.52% 20.09% -65.07% 0.00% 17.74% 22.21% 3.17% 14.88% 5.00%
EBIT Q/Q Growth		 -22.27% 66.15% 36.94% -68.66% 0.00% 21.32% 22.82% 3.17% 15.12% 5.06%
NOPAT Q/Q Growth		 -25.38% 242.73% 18.21% -94.05% 0.00% 19.23% 22.14% 3.68% 14.87% 4.68%
Net Income Q/Q Growth		 -61.96% 2.93% 459.91% -53.26% 0.00% 23.40% 21.70% 3.89% 14.87% 4.68%
EPS Q/Q Growth		 -61.62% -1.80% 7,000.00% -54.41% 0.00% 17.76% 20.32% 4.06% 14.43% 3.90%
Operating Cash Flow Q/Q Growth		 33.72% -36.89% -16.04% -139.91% 0.00% -14.71% 0.07% 298.17% 42.73% -218.71%
Free Cash Flow Firm Q/Q Growth		 80.44% 36.49% -24.12% 30.89% 0.00% 0.00% -49.55% 55.34% 214.43% -117.60%
Invested Capital Q/Q Growth		 -2.74% -6.15% 6.82% -4.38% 0.00% 1.71% 5.57% 3.14% 2.94% 4.26%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 34.54% 18.79% 27.89% 16.51% 11.88% 8.79% 11.21% 15.58% 15.47% 17.75%
EBIT Margin		 16.97% -5.44% 24.56% 14.01% 10.35% 8.26% 11.01% 15.40% 15.26% 17.55%
Profit (Net Income) Margin		 7.20% -114.12% 17.49% 23.86% 8.31% 6.59% 8.31% 11.74% 11.49% 13.22%
Tax Burden Percent		 29.69% -2,388.88% 65.17% 100.38% 79.43% 79.00% 75.38% 75.83% 75.32% 75.31%
Interest Burden Percent		 142.89% -87.81% 109.28% 169.71% 101.11% 100.90% 100.14% 100.51% 100.00% 100.00%
Effective Tax Rate		 36.23% 395.17% 16.57% 87.91% 20.57% 21.00% 24.62% 24.17% 24.68% 24.69%
Return on Invested Capital (ROIC)		 2.32% 2.95% 9.05% 0.54% 2.83% 4.40% 6.73% 9.50% 8.12% 9.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.14% -56.56% 4.85% 44.95% 2.91% 4.50% 6.75% 9.62% 8.12% 9.00%
Return on Net Nonoperating Assets (RNNOA)		 0.08% -37.94% 2.24% 8.42% 1.66% 2.95% 4.98% 6.64% 4.87% 4.72%
Return on Equity (ROE)		 2.40% -34.99% 11.29% 8.96% 4.49% 7.34% 11.71% 16.14% 12.99% 13.72%
Cash Return on Invested Capital (CROIC)		 -3.97% 28.28% 36.41% -5.46% 0.00% -13.11% -8.81% -1.70% 0.54% -2.24%
Operating Return on Assets (OROA)		 3.31% -0.91% 9.91% 4.11% 3.85% 4.84% 7.62% 10.56% 9.21% 10.17%
Return on Assets (ROA)		 1.41% -19.04% 7.06% 7.00% 3.09% 3.86% 5.75% 8.05% 6.93% 7.66%
Return on Common Equity (ROCE)		 2.38% -34.85% 11.25% 8.94% 4.48% 7.34% 11.70% 16.13% 12.98% 13.71%
Return on Equity Simple (ROE_SIMPLE)		 2.42% -42.34% 10.73% 8.66% 4.49% 7.08% 10.89% 14.92% 12.19% 12.76%
Net Operating Profit after Tax (NOPAT)		 26 30 71 3.71 36 61 110 178 167 203
NOPAT Margin		 10.82% 16.06% 20.49% 1.69% 8.22% 6.53% 8.30% 11.68% 11.49% 13.22%
Net Nonoperating Expense Percent (NNEP)		 2.18% 59.50% 4.20% -44.42% -0.09% -0.10% -0.02% -0.12% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 83.03% 105.44% 75.44% 85.99% 89.65% 91.74% 88.99% 84.60% 84.74% 82.45%
Earnings before Interest and Taxes (EBIT)		 40 -10 85 31 45 77 146 235 222 270
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 82 35 96 36 52 82 149 237 225 273
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.76 0.73 0.80 1.53 0.95 0.98 0.91 0.46 0.98 1.03
Price to Tangible Book Value (P/TBV)		 0.84 0.80 0.86 1.53 0.95 0.98 0.91 0.46 0.98 1.03
Price to Revenue (P/Rev)		 2.27 1.98 1.30 4.21 1.76 0.91 0.69 0.37 0.93 1.07
Price to Earnings (P/E)		 32.46 0.00 7.65 18.34 23.24 13.99 8.37 3.11 8.06 8.06
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 3.08% 0.00% 13.08% 5.45% 4.30% 7.15% 11.94% 32.11% 12.41% 12.41%
Enterprise Value to Invested Capital (EV/IC)		 0.70 0.74 0.44 0.94 0.67 0.73 0.86 0.54 0.70 0.82
Enterprise Value to Revenue (EV/Rev)		 3.38 3.52 0.86 3.05 1.94 1.17 1.14 0.70 1.03 1.27
Enterprise Value to EBITDA (EV/EBITDA)		 9.80 18.75 3.07 18.49 16.29 13.35 10.21 4.51 6.65 7.15
Enterprise Value to EBIT (EV/EBIT)		 19.95 0.00 3.48 21.80 18.70 14.19 10.40 4.57 6.74 7.23
Enterprise Value to NOPAT (EV/NOPAT)		 31.29 21.93 4.17 180.28 23.54 17.96 13.79 6.02 8.94 9.60
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.50 18.66 4.38 0.00 0.00 0.00 0.00 9.85 4.10 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 2.29 1.04 0.00 0.00 0.00 0.00 0.00 134.49 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.61 0.76 0.20 0.18 0.57 0.74 0.74 0.65 0.56 0.50
Long-Term Debt to Equity		 0.61 0.76 0.20 0.18 0.57 0.74 0.69 0.59 0.51 0.44
Financial Leverage		 0.55 0.67 0.46 0.19 0.57 0.66 0.74 0.69 0.60 0.52
Leverage Ratio		 1.71 1.84 1.60 1.28 1.58 1.90 2.04 2.01 1.87 1.79
Compound Leverage Factor		 2.44 -1.61 1.75 2.17 1.60 1.92 2.04 2.02 1.87 1.79
Debt to Total Capital		 37.88% 43.08% 16.41% 15.18% 36.28% 42.38% 42.53% 39.35% 35.78% 33.19%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.68% 3.65% 3.21% 3.60%
Long-Term Debt to Total Capital		 37.88% 43.08% 16.41% 15.18% 36.28% 42.38% 39.85% 35.70% 32.58% 29.59%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.22% 0.28% 0.22% 0.20% 0.05% 0.06% 0.06% 0.05% 0.05% 0.04%
Common Equity to Total Capital		 61.90% 56.64% 83.37% 84.62% 63.68% 57.56% 57.41% 60.60% 64.17% 66.77%
Debt to EBITDA		 5.28 10.91 1.15 3.00 8.87 7.79 5.04 3.28 3.40 2.90
Net Debt to EBITDA		 3.20 8.15 -1.62 -7.04 1.50 3.00 4.01 2.16 0.66 1.14
Long-Term Debt to EBITDA		 5.28 10.91 1.15 3.00 8.87 7.79 4.73 2.98 3.09 2.59
Debt to NOPAT		 16.85 12.77 1.57 29.21 12.83 10.48 6.81 4.37 4.57 3.90
Net Debt to NOPAT		 10.23 9.54 -2.21 -68.64 2.16 4.04 5.42 2.89 0.88 1.53
Long-Term Debt to NOPAT		 16.85 12.77 1.57 29.21 12.83 10.48 6.38 3.97 4.16 3.47
Noncontrolling Interest Sharing Ratio		 0.57% 0.42% 0.37% 0.25% 0.12% 0.09% 0.10% 0.09% 0.08% 0.07%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -44 287 284 -38 0.00 -182 -145 -32 11 -51
Operating Cash Flow to CapEx		 104.73% 70.65% 11,597.41% -637.50% -43,466.67% -28,066.67% -18,943.75% 3,105.71% 28,007.69% -7,200.00%
Free Cash Flow to Firm to Interest Expense		 -1.45 8.42 14.19 -4.46 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 3.54 1.03 3.36 -1.80 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.16 -0.43 3.33 -2.08 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.20 0.17 0.40 0.29 0.37 0.59 0.69 0.69 0.60 0.58
Fixed Asset Turnover		 0.30 0.26 0.77 1.02 0.57 0.80 0.83 0.77 0.76 0.76
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 1,142 886 672 714 1,269 1,513 1,768 1,978 2,133 2,387
Invested Capital Turnover		 0.21 0.18 0.44 0.32 0.34 0.67 0.81 0.81 0.71 0.68
Increase / (Decrease) in Invested Capital		 70 -257 -213 42 0.00 244 255 210 156 254
Enterprise Value (EV)		 804 655 294 669 845 1,098 1,522 1,071 1,493 1,952
Market Capitalization		 538 368 449 923 767 851 923 557 1,344 1,640
Book Value per Share		 $20.23 $14.92 $16.63 $14.41 $19.26 $18.12 $20.49 $24.08 $27.43 $31.47
Tangible Book Value per Share		 $18.34 $13.63 $15.50 $14.40 $19.26 $18.12 $20.49 $24.08 $27.43 $31.47
Total Capital		 1,142 886 672 714 1,269 1,513 1,768 1,978 2,133 2,387
Total Debt		 433 382 110 108 461 641 752 778 763 792
Total Long-Term Debt		 433 382 110 108 461 641 705 706 695 706
Net Debt		 263 285 -156 -255 78 247 598 513 147 311
Capital Expenditures (CapEx)		 102 50 0.58 2.40 0.90 0.60 1.60 3.50 1.30 2.20
Net Nonoperating Expense (NNE)		 8.59 242 10 -49 -0.40 -0.55 -0.15 -0.91 0.00 0.00
Net Nonoperating Obligations (NNO)		 433 382 110 108 461 641 752 778 763 792
Total Depreciation and Amortization (D&A)		 42 45 11 5.50 6.70 4.90 2.70 2.70 3.00 3.00
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.38 ($6.22) $1.40 $1.19 $0.79 $1.26 $2.25 $3.59 $3.34 $4.03
Adjusted Weighted Average Basic Shares Outstanding		 35.32M 34.27M 34.55M 42.14M 41.97M 48.04M 48.90M 49.82M 49.99M 50.43M
Adjusted Diluted Earnings per Share		 $0.38 ($6.22) $1.38 $1.19 $0.79 $1.26 $2.25 $3.59 $3.33 $4.00
Adjusted Weighted Average Diluted Shares Outstanding		 43.60M 34.27M 42.33M 42.38M 42.01M 48.09M 48.98M 49.85M 50.12M 50.79M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.79 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 33.62M 33.91M 41.69M 41.94M 48.01M 48.07M 49.59M 49.77M 49.91M 50.67M
Normalized Net Operating Profit after Tax (NOPAT)		 26 -7.09 100 22 36 61 124 178 167 203
Normalized NOPAT Margin		 10.82% -3.81% 29.19% 10.00% 8.22% 6.53% 9.33% 11.68% 11.49% 13.22%
Pre Tax Income Margin		 24.24% 4.78% 26.84% 23.77% 10.46% 8.34% 11.03% 15.48% 15.26% 17.55%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 1.33 -0.30 4.23 3.61 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.85 0.88 3.53 0.44 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 -2.05 -1.76 4.20 3.33 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -2.53 -0.58 3.50 0.15 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 143.93% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for Forestar Group

This table displays calculated financial ratios and metrics derived from Forestar Group's official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -9.35% -46.09% -28.01% 19.69% 45.45% 41.91% 11.63% -12.05% 0.72% -19.06% 3.90%
EBITDA Growth		 12.23% -46.24% -42.39% 18.35% 43.43% 81.82% 62.13% -16.93% 13.53% -57.50% -29.92%
EBIT Growth		 12.18% -46.76% -43.20% 18.41% 43.89% 83.51% 64.07% -17.31% 13.63% -58.40% -30.90%
NOPAT Growth		 14.24% -47.56% -43.72% 17.88% 42.73% 83.65% 67.29% -17.31% 12.57% -57.99% -29.78%
Net Income Growth		 15.19% -48.64% -43.72% 17.88% 42.52% 83.65% 67.29% -17.31% 12.57% -56.81% -29.78%
EPS Growth		 15.91% -48.15% -43.75% 16.25% 41.18% 80.95% 64.81% -18.28% 10.42% -57.89% -30.34%
Operating Cash Flow Growth		 217.07% -958.62% 0.42% 232.37% 91.67% -214.66% -183.26% -153.70% -47.70% -187.17% 66.55%
Free Cash Flow Firm Growth		 24.48% -23.07% 42.14% 46.73% 47.54% 34.60% -34.27% -65.34% -106.95% -115.33% -84.01%
Invested Capital Growth		 11.86% 13.42% 8.30% 8.08% 7.88% 8.97% 10.73% 10.50% 11.91% 14.69% 15.54%
Revenue Q/Q Growth		 22.74% -42.44% 37.95% 22.80% 49.15% -43.84% 8.52% -3.25% 70.81% -54.87% 39.30%
EBITDA Q/Q Growth		 25.47% -57.31% 28.32% 72.21% 52.06% -45.89% 14.42% -11.76% 107.81% -79.74% 88.69%
EBIT Q/Q Growth		 25.81% -57.92% 28.67% 73.82% 52.88% -46.33% 15.04% -12.39% 110.08% -80.35% 91.08%
NOPAT Q/Q Growth		 27.77% -58.99% 29.33% 73.98% 54.70% -47.24% 17.80% -14.00% 110.59% -80.31% 96.91%
Net Income Q/Q Growth		 27.96% -59.06% 29.33% 73.98% 54.70% -47.24% 17.80% -14.00% 110.59% -79.75% 91.52%
EPS Q/Q Growth		 27.50% -58.82% 28.57% 72.22% 54.84% -47.22% 17.11% -14.61% 109.21% -79.87% 93.75%
Operating Cash Flow Q/Q Growth		 236.98% -141.88% 242.77% 61.60% 98.35% -168.76% 62.22% -4.22% 293.19% -477.52% 95.60%
Free Cash Flow Firm Q/Q Growth		 21.73% -35.81% 40.67% 15.53% 22.92% -69.30% -21.81% -4.01% 3.52% -76.16% -4.09%
Invested Capital Q/Q Growth		 3.14% 1.14% 1.17% 2.42% 2.94% 2.16% 2.79% 2.21% 4.26% 4.70% 3.56%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 17.53% 13.00% 12.09% 16.96% 17.29% 16.66% 17.56% 16.02% 19.49% 8.75% 11.85%
EBIT Margin		 17.35% 12.68% 11.83% 16.74% 17.16% 16.40% 17.38% 15.74% 19.36% 8.43% 11.56%
Profit (Net Income) Margin		 13.29% 9.45% 8.86% 12.56% 13.02% 12.24% 13.28% 11.81% 14.56% 6.53% 8.98%
Tax Burden Percent		 76.51% 74.55% 74.93% 75.00% 75.89% 74.61% 76.40% 75.00% 75.18% 75.34% 77.64%
Interest Burden Percent		 100.15% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 102.82% 100.00%
Effective Tax Rate		 23.49% 25.45% 25.07% 25.00% 24.11% 25.39% 23.60% 25.00% 24.82% 24.66% 22.36%
Return on Invested Capital (ROIC)		 10.80% 6.71% 5.54% 8.05% 9.20% 9.04% 9.84% 8.31% 9.91% 4.02% 5.55%
ROIC Less NNEP Spread (ROIC-NNEP)		 10.81% 6.71% 5.54% 8.05% 9.20% 9.04% 9.84% 8.31% 9.91% 4.07% 5.55%
Return on Net Nonoperating Assets (RNNOA)		 7.46% 4.37% 3.61% 5.09% 5.52% 5.33% 5.58% 4.59% 5.20% 2.23% 3.04%
Return on Equity (ROE)		 18.26% 11.08% 9.16% 13.13% 14.72% 14.37% 15.42% 12.90% 15.11% 6.25% 8.59%
Cash Return on Invested Capital (CROIC)		 -1.70% -4.12% -0.86% -0.49% 0.54% 0.23% -0.68% -1.07% -2.24% -5.94% -7.47%
Operating Return on Assets (OROA)		 11.89% 7.52% 6.30% 9.22% 10.35% 10.39% 11.13% 9.57% 11.22% 4.54% 6.12%
Return on Assets (ROA)		 9.11% 5.61% 4.72% 6.91% 7.86% 7.75% 8.50% 7.18% 8.43% 3.52% 4.75%
Return on Common Equity (ROCE)		 18.24% 11.07% 9.15% 13.12% 14.71% 14.36% 15.41% 12.89% 15.10% 6.24% 8.59%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 13.05% 11.08% 11.22% 0.00% 13.09% 13.75% 12.85% 0.00% 11.26% 10.23%
Net Operating Profit after Tax (NOPAT)		 51 21 27 47 72 38 45 39 82 16 32
NOPAT Margin		 13.27% 9.45% 8.86% 12.56% 13.02% 12.24% 13.28% 11.81% 14.56% 6.35% 8.98%
Net Nonoperating Expense Percent (NNEP)		 -0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.05% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 82.65% 87.32% 88.17% 83.26% 82.84% 83.60% 82.62% 84.26% 80.64% 91.57% 88.44%
Earnings before Interest and Taxes (EBIT)		 66 28 36 62 95 51 59 52 108 21 41
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 67 29 37 63 96 52 60 53 109 22 42
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.46 0.63 0.62 0.87 0.98 1.17 1.36 1.07 1.03 0.81 0.65
Price to Tangible Book Value (P/TBV)		 0.46 0.63 0.62 0.87 0.98 1.17 1.36 1.07 1.03 0.81 0.65
Price to Revenue (P/Rev)		 0.37 0.57 0.64 0.88 0.93 1.07 1.27 1.05 1.07 0.89 0.72
Price to Earnings (P/E)		 3.11 4.82 5.60 7.74 8.06 8.95 9.91 8.33 8.06 7.23 6.37
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 32.11% 20.74% 17.84% 12.91% 12.41% 11.17% 10.09% 12.00% 12.41% 13.83% 15.71%
Enterprise Value to Invested Capital (EV/IC)		 0.54 0.67 0.62 0.72 0.70 0.90 1.05 0.89 0.82 0.83 0.71
Enterprise Value to Revenue (EV/Rev)		 0.70 1.00 1.04 1.17 1.03 1.27 1.49 1.33 1.27 1.40 1.23
Enterprise Value to EBITDA (EV/EBITDA)		 4.51 6.26 6.80 7.68 6.65 7.92 8.71 7.83 7.15 8.50 8.17
Enterprise Value to EBIT (EV/EBIT)		 4.57 6.33 6.91 7.80 6.74 8.02 8.80 7.93 7.23 8.61 8.29
Enterprise Value to NOPAT (EV/NOPAT)		 6.02 8.37 9.14 10.33 8.94 10.65 11.65 10.49 9.60 11.41 10.97
Enterprise Value to Operating Cash Flow (EV/OCF)		 9.85 25.06 23.66 5.88 4.10 7.63 18.58 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 134.49 400.62 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.65 0.64 0.62 0.60 0.56 0.55 0.52 0.51 0.50 0.55 0.57
Long-Term Debt to Equity		 0.59 0.58 0.57 0.55 0.51 0.50 0.48 0.47 0.44 0.50 0.53
Financial Leverage		 0.69 0.65 0.65 0.63 0.60 0.59 0.57 0.55 0.52 0.55 0.55
Leverage Ratio		 2.01 1.98 1.94 1.90 1.87 1.85 1.81 1.80 1.79 1.82 1.81
Compound Leverage Factor		 2.01 1.98 1.94 1.90 1.87 1.85 1.81 1.80 1.79 1.87 1.81
Debt to Total Capital		 39.35% 38.97% 38.28% 37.44% 35.78% 35.36% 34.25% 33.93% 33.19% 35.42% 36.41%
Short-Term Debt to Total Capital		 3.65% 3.65% 3.35% 3.31% 3.21% 3.00% 2.75% 3.10% 3.60% 3.14% 2.70%
Long-Term Debt to Total Capital		 35.70% 35.32% 34.93% 34.13% 32.58% 32.36% 31.50% 30.84% 29.59% 32.28% 33.71%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.04% 0.04% 0.04% 0.04% 0.04%
Common Equity to Total Capital		 60.60% 60.98% 61.67% 62.52% 64.17% 64.60% 65.70% 66.02% 66.77% 64.54% 63.55%
Debt to EBITDA		 3.28 3.66 4.17 3.97 3.40 3.11 2.83 2.99 2.90 3.64 4.18
Net Debt to EBITDA		 2.16 2.65 2.63 1.92 0.66 1.26 1.30 1.61 1.14 3.10 3.41
Long-Term Debt to EBITDA		 2.98 3.32 3.81 3.62 3.09 2.84 2.61 2.71 2.59 3.32 3.87
Debt to NOPAT		 4.37 4.90 5.60 5.34 4.57 4.18 3.79 4.00 3.90 4.89 5.62
Net Debt to NOPAT		 2.89 3.54 3.53 2.58 0.88 1.69 1.74 2.15 1.53 4.16 4.58
Long-Term Debt to NOPAT		 3.97 4.44 5.11 4.87 4.16 3.83 3.49 3.63 3.47 4.45 5.20
Noncontrolling Interest Sharing Ratio		 0.09% 0.09% 0.08% 0.08% 0.08% 0.08% 0.07% 0.07% 0.07% 0.07% 0.06%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -159 -216 -128 -108 -83 -141 -172 -179 -173 -304 -317
Operating Cash Flow to CapEx		 39,633.33% -49,800.00% 35,550.00% 22,980.00% 45,580.00% -78,350.00% -9,866.67% -10,283.33% 14,900.00% 0.00% -2,828.57%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.69 0.59 0.53 0.55 0.60 0.63 0.64 0.61 0.58 0.54 0.53
Fixed Asset Turnover		 0.77 0.66 0.61 0.64 0.76 0.76 0.77 0.74 0.76 0.62 0.61
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,978 2,000 2,023 2,072 2,133 2,179 2,240 2,290 2,387 2,500 2,588
Invested Capital Turnover		 0.81 0.71 0.63 0.64 0.71 0.74 0.74 0.70 0.68 0.63 0.62
Increase / (Decrease) in Invested Capital		 210 237 155 155 156 179 217 218 254 320 348
Enterprise Value (EV)		 1,071 1,331 1,263 1,501 1,493 1,963 2,358 2,038 1,952 2,068 1,840
Market Capitalization		 557 767 774 1,125 1,344 1,650 2,006 1,619 1,640 1,313 1,071
Book Value per Share		 $24.08 $24.51 $25.07 $25.96 $27.43 $28.12 $29.49 $29.88 $31.47 $31.84 $32.46
Tangible Book Value per Share		 $24.08 $24.51 $25.07 $25.96 $27.43 $28.12 $29.49 $29.88 $31.47 $31.84 $32.46
Total Capital		 1,978 2,000 2,023 2,072 2,133 2,179 2,240 2,290 2,387 2,500 2,588
Total Debt		 778 779 775 776 763 771 767 777 792 885 943
Total Long-Term Debt		 706 706 707 707 695 705 706 706 706 807 873
Net Debt		 513 563 488 375 147 312 351 418 311 753 768
Capital Expenditures (CapEx)		 0.30 0.10 0.20 0.50 0.50 0.20 0.60 0.60 0.80 0.00 0.70
Net Nonoperating Expense (NNE)		 -0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.45 0.00
Net Nonoperating Obligations (NNO)		 778 779 775 776 763 771 767 777 792 885 943
Total Depreciation and Amortization (D&A)		 0.70 0.70 0.80 0.80 0.70 0.80 0.60 0.90 0.70 0.80 1.00
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.02 $0.42 $0.54 $0.94 $1.44 $0.76 $0.90 $0.76 $1.61 $0.32 $0.62
Adjusted Weighted Average Basic Shares Outstanding		 49.82M 49.89M 49.94M 50.06M 49.99M 50.07M 50.15M 50.76M 50.43M 50.82M 50.80M
Adjusted Diluted Earnings per Share		 $1.02 $0.42 $0.54 $0.93 $1.44 $0.76 $0.89 $0.76 $1.59 $0.32 $0.62
Adjusted Weighted Average Diluted Shares Outstanding		 49.85M 49.90M 50.01M 50.18M 50.12M 50.46M 50.63M 51.06M 50.79M 51.09M 51.05M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 49.77M 49.77M 49.90M 49.90M 49.91M 49.91M 50.60M 50.65M 50.67M 50.68M 50.82M
Normalized Net Operating Profit after Tax (NOPAT)		 51 21 27 47 72 38 45 39 82 16 32
Normalized NOPAT Margin		 13.27% 9.45% 8.86% 12.56% 13.02% 12.24% 13.28% 11.81% 14.56% 6.35% 9.22%
Pre Tax Income Margin		 17.37% 12.68% 11.83% 16.74% 17.16% 16.40% 17.38% 15.74% 19.36% 8.67% 11.56%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Forestar Group's Financials

When does Forestar Group's financial year end?

According to the most recent income statement we have on file, Forestar Group's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Forestar Group's net income changed over the last 9 years?

Forestar Group's net income appears to be on an upward trend, with a most recent value of $203.40 million in 2024, rising from $17.09 million in 2014. The previous period was $166.90 million in 2023. Check out Forestar Group's forecast to explore projected trends and price targets.

How has Forestar Group revenue changed over the last 9 years?

Over the last 9 years, Forestar Group's total revenue changed from $237.39 million in 2014 to $1.54 billion in 2024, a change of 548.2%.

How much debt does Forestar Group have?

Forestar Group's total liabilities were at $1.25 billion at the end of 2024, a 13.1% increase from 2023, and a 127.0% increase since 2014.

How much cash does Forestar Group have?

In the past 10 years, Forestar Group's cash and equivalents has ranged from $96.44 million in 2015 to $616 million in 2023, and is currently $481.20 million as of their latest financial filing in 2024.

How has Forestar Group's book value per share changed over the last 9 years?

Over the last 9 years, Forestar Group's book value per share changed from 20.23 in 2014 to 31.47 in 2024, a change of 55.6%.


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This page (NYSE:FOR) was last updated on 5/5/2025 by MarketBeat.com Staff
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