Educational research on US and Indian equities, ETFs, mutual funds and crypto, with screeners and a free investing academy.
All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
Forestar Group Inc. operates as a residential lot development company in the United States. It acquires land and develops infrastructure for single-family residential communities. The company sells its residential single-family finished lots to local, regional, and national homebuilders. Forestar Group Inc. was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.7B | $213M | $168M | $-200M | 9.5% | 10.1% | -17.5% |
| 2024 | $1.5B | $244M | $203M | $-161M | 12.8% | 5.0% | 21.9% |
| 2023 | $1.4B | $209M | $167M | $363M | 12.2% | -5.4% | -6.7% |
| 2022 | $1.5B | $233M | $179M | $105M | 14.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 1,662.40 |
| Operating Revenue | 1,662.40 |
| Cost Of Revenue | 1,298.90 |
| Gross Profit | 363.50 |
| Operating Expense | 154.40 |
| Selling General And Administration | 154.40 |
| Total Expenses | 1,453.30 |
| Operating Income | 209.10 |
| EBITDA | 212.60 |
| Normalized EBITDA | 209.30 |
| EBIT | 209.10 |
| Interest Income | 6.30 |
| Net Interest Income | 6.30 |
| Other Income Expense | 3.90 |
| Interest Income Non Operating | 6.30 |
| Pretax Income | 219.30 |
| Tax Provision | 51.40 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0.77 |
| Net Income Continuous Operations | 167.90 |
| Net Income From Continuing And Discontinued Operation | 167.90 |
| Net Income From Continuing Operation Net Minority Interest | 167.90 |
| Net Income | 167.90 |
| Net Income Common Stockholders | 167.90 |
| Net Income Including Noncontrolling Interests | 167.90 |
| Normalized Income | 165.37 |
| Diluted NI Availto Com Stockholders | 167.90 |
| Basic Average Shares | 50.90 |
| Diluted Average Shares | 51.10 |
| Reconciled Depreciation | 3.50 |
| Reconciled Cost Of Revenue | 1,298.90 |
| Total Unusual Items | 3.30 |
| Total Unusual Items Excluding Goodwill | 3.30 |
| Minority Interests | - |
| Special Income Charges | 3.30 |
| Other Special Charges | 1.20 |
| Gain On Sale Of Ppe | 4.50 |
| Earnings From Equity Interest | 0.60 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Forestar Group Inc.this co. | FOR | $1.5B | 8.65↓ discount | 0.82 | 9.5% | 8.89 |
| Kennedy-Wilson Holdings, Inc. | KW | $1.5B | - | 1.00 | -2.5% | 14.28 |
| NexPoint Residential Trust, Inc. | NXRT | $1.5B | - | 5.03 | -10.8% | 20.72 |
| CBL & Associates Properties, Inc. | CBL | $1.5B | 10.99 | 3.92 | 35.7% | 6.74 |
| Apollo Commercial Real Estate Finance, Inc. |
| - |
| - |
| - |
| - |
| - |
| ARI |
| $1.4B |
| 11.28 |
| 0.77 |
| 6.8% |
| - |
| Orchid Island Capital, Inc. | ORC | $1.3B | 8.43 | 0.98 | 11.6% | - |
| Alexander's, Inc. | ALX | $1.3B | 46.31 | 11.98 | 25.9% | 17.98 |
| Ladder Capital Corp | LADR | $1.3B | 20.23 | 0.87 | 4.3% | - |
| Two Harbors Investment Corp. | TWO | $1.3B | -2.86 | 1.09 | -38.3% | - |
| Peer Median | - | 11.14 | 1.05 | 5.6% | 16.13 | |