FOR
Forestar Group Inc
NYSE: FOR · REAL ESTATE · REAL ESTATE - DEVELOPMENT
$28.26
+2.58% today
Updated 2026-04-30
Market cap
$1.41B
P/E ratio
8.40
P/S ratio
0.82x
EPS (TTM)
$3.28
Dividend yield
—
52W range
$19 – $31
Volume
0.1M
Forestar Group Inc (FOR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $225.56M | $177.99M | $159.72M | $146.25M | $101.36M | $135.57M | $172.59M | $331.05M | $306.77M | $262.42M | $197.31M | $114.32M | $104.40M | $428.30M | $931.80M | $1.33B | $1.52B | $1.44B | $1.51B | $1.66B |
| Revenue growth (YoY) | — | -21.1% | -10.3% | -8.4% | -30.7% | +33.8% | +27.3% | +91.8% | -7.3% | -14.5% | -24.8% | -42.1% | -8.7% | +310.3% | +117.6% | +42.3% | +14.6% | -5.4% | +5.0% | +10.1% |
| Cost of revenue | $90.63M | $58.05M | $58.49M | $50.63M | $48.96M | $66.97M | $83.88M | $200.89M | $225.14M | $341.37M | $168.93M | $109.78M | $65.55M | $362.70M | $813.70M | $1.10B | $1.20B | $1.13B | $1.15B | $1.30B |
| Gross profit | $134.93M | $119.94M | $101.23M | $95.63M | $52.40M | $68.61M | $88.72M | $130.15M | $81.63M | $-78.95M | $28.38M | $4.54M | $38.85M | $65.60M | $118.10M | $229.20M | $324.00M | $304.10M | $359.30M | $363.50M |
| Gross margin | 59.8% | 67.4% | 63.4% | 65.4% | 51.7% | 50.6% | 51.4% | 39.3% | 26.6% | -30.1% | 14.4% | 4.0% | 37.2% | 15.3% | 12.7% | 17.3% | 21.3% | 21.2% | 23.8% | 21.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $16.14M | $18.62M | $22.23M | $29.93M | $22.58M | $23.33M | $32.32M | $28.38M | $22.23M | $27.25M | $21.60M | $56.53M | $11.81M | $28.90M | $45.70M | $68.40M | $93.60M | $97.70M | $118.50M | $154.40M |
| Operating income | $71.82M | $49.27M | $35.81M | $125.06M | $18.89M | $58.12M | $27.16M | $46.58M | $38.76M | $-164.68M | $140.35M | $39.77M | $17.80M | $36.70M | $72.40M | $160.80M | $230.40M | $204.80M | $240.80M | $209.10M |
| Operating margin | 31.8% | 27.7% | 22.4% | 85.5% | 18.6% | 42.9% | 15.7% | 14.1% | 12.6% | -62.8% | 71.1% | 34.8% | 17.1% | 8.6% | 7.8% | 12.1% | 15.2% | 14.3% | 16.0% | 12.6% |
| EBITDA | $74.18M | $52.18M | $25.20M | $10.34M | $-17.15M | $656000.00 | $11.52M | $92.25M | $59.71M | $88.04M | $123.78M | $16.20M | $49.60M | $43.40M | $77.30M | $163.50M | $233.10M | $207.80M | $243.80M | $222.80M |
| EBITDA margin | 32.9% | 29.3% | 15.8% | 7.1% | -16.9% | 0.5% | 6.7% | 27.9% | 19.5% | 33.5% | 62.7% | 14.2% | 47.5% | 10.1% | 8.3% | 12.3% | 15.3% | 14.5% | 16.2% | 13.4% |
| EBIT | $71.82M | $49.27M | $17.52M | $556000.00 | $-26.17M | $-9.16M | $-7.41M | $62.27M | $17.99M | $42.96M | $-105.61M | $10.74M | $-5.20M | $-345.20M | $-782.00M | $160.80M | $230.40M | $204.80M | $240.80M | $219.30M |
| Interest expense | $0.00 | $9.23M | $21.28M | $20.46M | $16.45M | $17.01M | $19.36M | $20.00M | $30.29M | $34.07M | $19.98M | $8.53M | $0.00 | $5.50M | $4.90M | $1.20M | $1.00M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $51.84M | $24.80M | $11.97M | $59.11M | $5.13M | $7.15M | $12.94M | $29.32M | $16.58M | $-213.05M | $58.65M | $50.25M | $59.55M | $33.00M | $60.80M | $110.20M | $178.80M | $166.90M | $203.40M | $167.90M |
| Net income growth (YoY) | — | -52.2% | -51.7% | +393.6% | -91.3% | +39.6% | +80.9% | +126.6% | -43.4% | -1384.7% | +127.5% | -14.3% | +18.5% | -44.6% | +84.2% | +81.3% | +62.3% | -6.7% | +21.9% | -17.5% |
| Profit margin | 23.0% | 13.9% | 7.5% | 40.4% | 5.1% | 5.3% | 7.5% | 8.9% | 5.4% | -81.2% | 29.7% | 44.0% | 57.0% | 7.7% | 6.5% | 8.3% | 11.8% | 11.6% | 13.5% | 10.1% |