For the twelve months ended Jun 30, 2026, Forestar Group Inc reported $1.72B of revenue and $170.40M of net income.
FOR revenue was $407.00M in fiscal Q3 2026 (ended Jun 30, 2026), up 4.2% from a year earlier and up 8.7% from the prior quarter. For the full fiscal 2025 it was $1.66B, up 10.1% from fiscal 2024. Compound annual growth was +12.3% over 5 years. It rose in 5 of the last 6 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
FOR net income was $35.90M in fiscal Q3 2026 (ended Jun 30, 2026), up 9.1% from a year earlier and up 11.5% from the prior quarter. For the full fiscal 2025 it was $167.90M, down 17.5% from fiscal 2024. Compound annual growth was +22.5% over 5 years. It rose in 4 of the last 6 fiscal years.
FOR diluted EPS was $0.70 in fiscal Q3 2026 (ended Jun 30, 2026), up 7.7% from a year earlier and up 11.1% from the prior quarter. For the full fiscal 2025 it was $3.29, down 17.8% from fiscal 2024. Compound annual growth was +21.2% over 5 years.
FOR free cash flow was $32.70M in fiscal Q3 2026 (ended Jun 30, 2026), up 118.0% from a year earlier and down 78.4% from the prior quarter. For the full fiscal 2025 it was -$199.90M, compared with -$160.60M in fiscal 2024.
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - |
| Gross profit | $363.50M | $359.30M | $304.10M | $324.00M | $229.20M | $118.10M | $65.60M | $1.70M | - | - |
| Selling, general and admin | $154.40M | $118.50M | $97.70M | $93.60M | $68.40M | $45.70M | $28.90M | $75.30M | $21.60M | $27.25M |
| Operating income | - | - | - | - | - | - | - | $39.77M | $140.35M | $23.94M |
| Interest expense | - | - | - | - | - | $0 | $0 | $8.50M | $19.98M | $34.07M |
| Pre-tax income | $219.30M | $270.10M | $221.60M | $235.80M | $146.60M | $78.10M | $45.70M | $52.10M | $92.35M | $8.89M |
| Income tax | $51.40M | $66.70M | $54.70M | $57.00M | $36.10M | $16.40M | $9.40M | $45.80M | $15.30M | $35.13M |
| Net income | $167.90M | $203.40M | $166.90M | $178.80M | $110.20M | $60.80M | $33.00M | $50.30M | $58.65M | -$213.05M |
| EPS, basic | $3.30 | $4.03 | $3.34 | $3.59 | $2.25 | $1.26 | $0.79 | $1.19 | $1.40 | -$6.22 |
| EPS, diluted | $3.29 | $4.00 | $3.33 | $3.59 | $2.25 | $1.26 | $0.79 | $1.19 | $1.38 | -$6.22 |
| Diluted shares | 51.1M | 50.8M | 50.1M | 49.8M | 49.0M | 48.1M | 42.0M | 42.4M | 42.3M | 34.3M |
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $379.20M | $481.20M | $616.00M | $264.80M | $153.60M | $394.30M | $382.80M | $363.00M | $266.30M | $96.44M |
| Goodwill | - | - | - | - | - | - | - | $0 | $37.90M | $41.77M |
| Total assets | $3.14B | $2.84B | $2.47B | $2.34B | $2.10B | $1.74B | $1.46B | $761.91M | $733.19M | $972.25M |
| Total debt | $802.70M | $706.40M | $695.00M | $706.00M | $704.50M | $641.10M | $460.50M | $108.43M | $110.36M | $381.51M |
| Total liabilities | $1.37B | $1.25B | $1.10B | $1.14B | $1.09B | $868.10M | $646.80M | $156.28M | $171.09M | $468.13M |
| Shareholders' equity | $1.77B | $1.60B | $1.37B | $1.20B | $1.02B | $871.80M | $808.90M | $605.60M | $562.10M | $504.12M |
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$197.70M | -$158.40M | $364.10M | $108.70M | -$303.10M | -$168.40M | -$391.20M | -$15.30M | $67.15M | $35.13M |
| Capital expenditures | $2.20M | $2.20M | $1.30M | $3.50M | $1.60M | $600.0K | $900.0K | $100.0K | $6.14M | $14.69M |
| Free cash flow | -$199.90M | -$160.60M | $362.80M | $105.20M | -$304.70M | -$169.00M | -$392.10M | -$15.40M | $61.01M | $20.44M |
| Investing cash flow | $3.20M | $7.30M | $300.0K | $1.30M | $1.00M | $5.00M | -$800.0K | $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 |
| Share repurchases | - | - | - | - | - | - | - | $0 | $3.54M | $0 |
| Stock-based compensation | $7.30M | $5.30M | $4.30M | $3.30M | $2.60M | $2.00M | $1.30M | $6.60M | $4.04M | $4.25M |
| Depreciation and amortization | $3.50M | $3.00M | $3.00M | $2.70M | $2.70M | $4.90M | $6.70M | $5.50M | $11.45M | $45.09M |
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 10.1% | 5.0% | -5.4% | 14.6% | 42.3% | 117.6% | - | -42.1% | -9.7% | -8.2% |
| Net income growth, YoY | -17.5% | 21.9% | -6.7% | 62.3% | 81.3% | 84.2% | - | -14.2% | - | - |
| EPS growth, YoY | -17.8% | 20.1% | -7.2% | 59.6% | 78.6% | 59.5% | - | -13.8% | - | - |
| Gross margin | 21.9% | 23.8% | 21.2% | 21.3% | 17.3% | 12.7% | 15.3% | 1.5% | - | - |
| Operating margin | - | - | - | - | - | - | - | 34.8% | 71.1% | 11.0% |
| Net margin | 10.1% | 13.5% | 11.6% | 11.8% | 8.3% | 6.5% | 7.7% | 44.0% | 29.7% | -97.5% |
| Free cash flow margin | -12.0% | -10.6% | 25.2% | 6.9% | -23.0% | -18.1% | -91.5% | -13.5% | 30.9% | 9.3% |
| Return on equity | 9.5% | 12.8% | 12.2% | 14.9% | 10.8% | 7.0% | 4.1% | 8.3% | 10.4% | -42.3% |
| Return on assets | 5.4% | 7.2% | 6.8% | 7.6% | 5.2% | 3.5% | 2.3% | 6.6% | 8.0% | -21.9% |
| Debt to equity | 0.45 | 0.44 | 0.51 | 0.59 | 0.69 | 0.74 | 0.57 | 0.18 | 0.20 | 0.76 |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $407.00M | $374.30M | $273.00M | $670.50M | $390.50M | $351.00M | $250.40M | $551.40M | $318.40M | $333.80M | $305.90M | $549.80M |
| Cost of revenue | $322.90M | $294.10M | $218.00M | $520.90M | $310.80M | $271.80M | $195.40M | $419.50M | $246.90M | $250.70M | $233.00M | $434.10M |
| Gross profit | $84.10M | $80.20M | $55.00M | $149.60M | $79.70M | $79.20M | $55.00M | $131.90M | $71.50M | $83.10M | $72.90M | $115.70M |
| Selling, general and admin | $38.30M | $37.90M | $36.50M | $42.60M | $37.40M | $38.40M | $36.00M | $32.00M | $29.30M | $29.20M | $28.00M | $26.40M |
| Pre-tax income | $48.70M | $43.90M | $20.80M | $113.10M | $43.60M | $40.70M | $21.90M | $108.50M | $51.60M | $58.90M | $51.20M | $95.40M |
| Income tax | $12.70M | $11.70M | $5.40M | $26.20M | $10.70M | $9.10M | $5.40M | $26.90M | $12.90M | $13.90M | $13.00M | $23.00M |
| Net income | $35.90M | $32.20M | $15.40M | $86.90M | $32.90M | $31.60M | $16.50M | $81.60M | $38.70M | $45.00M | $38.20M | $72.40M |
| EPS, basic | $0.70 | $0.63 | $0.30 | $1.71 | $0.65 | $0.62 | $0.32 | $1.61 | $0.76 | $0.90 | $0.76 | $1.44 |
| EPS, diluted | $0.70 | $0.63 | $0.30 | $1.70 | $0.65 | $0.62 | $0.32 | $1.59 | $0.76 | $0.89 | $0.76 | $1.44 |
| Diluted shares | 51.3M | 51.2M | 51.2M | - | 51.0M | 51.0M | 51.1M | - | 51.1M | 50.6M | 50.5M | - |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $394.90M | $362.20M | $211.70M | $379.20M | $189.20M | $174.30M | $132.00M | $481.20M | $359.20M | $416.20M | $458.90M | $616.00M |
| Total assets | $3.22B | $3.17B | $3.18B | $3.14B | $3.12B | $3.04B | $2.96B | $2.84B | $2.67B | $2.60B | $2.53B | $2.47B |
| Total debt | $793.80M | $793.50M | $793.20M | $802.70M | $872.80M | $872.50M | $806.80M | $706.40M | $706.10M | $705.70M | $705.30M | $695.00M |
| Total liabilities | $1.36B | $1.35B | $1.39B | $1.37B | $1.44B | $1.40B | $1.35B | $1.25B | $1.16B | $1.13B | $1.13B | $1.10B |
| Shareholders' equity | $1.86B | $1.82B | $1.79B | $1.77B | $1.68B | $1.65B | $1.61B | $1.60B | $1.51B | $1.47B | $1.41B | $1.37B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $32.70M | $151.90M | -$157.00M | $256.30M | $15.80M | -$19.80M | -$450.00M | $119.20M | -$61.70M | -$59.20M | -$156.70M | $227.90M |
| Capital expenditures | $0 | $200.0K | $100.0K | $700.0K | $800.0K | $700.0K | $0 | $800.0K | $600.0K | $600.0K | $200.0K | $500.0K |
| Free cash flow | $32.70M | $151.70M | -$157.10M | $255.60M | $15.00M | -$20.50M | -$450.00M | $118.40M | -$62.30M | -$59.80M | -$156.90M | $227.40M |
| Investing cash flow | $0 | -$200.0K | -$100.0K | $3.80M | -$800.0K | -$700.0K | $900.0K | $3.60M | $4.50M | -$600.0K | -$200.0K | -$500.0K |
| Financing cash flow | $0 | -$1.20M | -$10.40M | -$70.10M | -$100.0K | $62.80M | $99.90M | -$800.0K | $200.0K | $17.10M | -$200.0K | -$12.40M |
| Stock-based compensation | $1.90M | $3.10M | $1.90M | $1.50M | $1.50M | $1.70M | $1.70M | $1.20M | $1.40M | $1.80M | $900.0K | $900.0K |
| Depreciation and amortization | $700.0K | $700.0K | $900.0K | $900.0K | $800.0K | $1.00M | $800.0K | $700.0K | $900.0K | $600.0K | $800.0K | $700.0K |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 4.2% | 6.6% | 9.0% | 21.6% | 22.6% | 5.2% | -18.1% | 0.3% | -13.7% | 10.7% | 41.2% | 44.2% |
| Net income growth, YoY | 9.1% | 1.9% | -6.7% | 6.5% | -15.0% | -29.8% | -56.8% | 12.7% | -17.3% | 67.3% | 83.7% | 42.5% |
| EPS growth, YoY | 7.7% | 1.6% | -6.3% | 6.9% | -14.5% | -30.3% | -57.9% | 10.4% | -18.3% | 64.8% | 81.0% | 41.2% |
| Gross margin | 20.7% | 21.4% | 20.1% | 22.3% | 20.4% | 22.6% | 22.0% | 23.9% | 22.5% | 24.9% | 23.8% | 21.0% |
| Net margin | 8.8% | 8.6% | 5.6% | 13.0% | 8.4% | 9.0% | 6.6% | 14.8% | 12.2% | 13.5% | 12.5% | 13.2% |
| Free cash flow margin | 8.0% | 40.5% | -57.5% | 38.1% | 3.8% | -5.8% | -179.7% | 21.5% | -19.6% | -17.9% | -51.3% | 41.4% |
| Debt to equity | 0.43 | 0.44 | 0.44 | 0.45 | 0.52 | 0.53 | 0.50 | 0.44 | 0.47 | 0.48 | 0.50 | 0.51 |
Source: XBRL data Forestar Group Inc files with the SEC, latest filing dated Jul 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| FOR | $1.72B | +11.8% | $170.40M | 9.9% | $1.23B |
| CBRE | $45.01B | +14.8% | $1.38B | 3.1% | $39.82B |
| BEKE | CN¥94.58B | +1.2% | CN¥2.99B | 3.2% | $20.78B |
| JLL | $28.20B | +11.4% | $1.10B | 3.9% | $17.36B |
| INVH | $2.90B | +7.2% | $682.40M | 23.5% | $15.67B |
| CSGP | $3.67B | +20.2% | $179.00M | 4.9% | $12.57B |
| COMP | $12.61B | +89.8% | $133.50M | 1.1% | $8.17B |
| TRNO | $518.86M | +17.2% | $353.32M | 68.1% | $7.43B |
| FSV | $5.50B | +5.4% | $145.05M | 2.6% | $6.58B |