See more : CVS Health Corporation (CVS) Income Statement Analysis – Financial Results
Complete financial analysis of Forestar Group Inc. (FOR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Forestar Group Inc., a leading company in the Real Estate – Development industry within the Real Estate sector.
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Forestar Group Inc. (FOR)
About Forestar Group Inc.
Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.51B | 1.44B | 1.52B | 1.33B | 931.80M | 428.30M | 104.40M | 114.32M | 197.31M | 262.42M | 306.77M | 331.05M | 172.59M | 135.57M | 101.36M | 146.25M | 159.72M | 177.99M | 225.56M | 155.49M | 169.30M | 119.89M |
| Cost of Revenue | 1.15B | 1.13B | 1.20B | 1.10B | 813.70M | 362.70M | 65.55M | 109.78M | 168.93M | 341.37M | 225.14M | 200.89M | 83.88M | 66.97M | 48.96M | 50.63M | 58.49M | 58.05M | 90.63M | 57.40M | 0.00 | 0.00 |
| Gross Profit | 359.30M | 304.10M | 324.00M | 229.20M | 118.10M | 65.60M | 38.85M | 4.54M | 28.38M | -78.95M | 81.63M | 130.15M | 88.72M | 68.61M | 52.40M | 95.63M | 101.23M | 119.94M | 134.93M | 98.08M | 169.30M | 119.89M |
| Gross Profit Ratio | 23.80% | 21.16% | 21.33% | 17.29% | 12.67% | 15.32% | 37.21% | 3.97% | 14.38% | -30.09% | 26.61% | 39.32% | 51.40% | 50.61% | 51.69% | 65.38% | 63.38% | 67.39% | 59.82% | 63.08% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.15 | 0.16 | 0.11 | 0.08 | 0.11 | 0.57 | 0.00 | 0.47 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 56.53M | 21.60M | 27.25M | 22.23M | 28.38M | 32.32M | 0.00 | 0.00 | 0.00 | 0.00 | 18.62M | 16.14M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 118.50M | 97.70M | 93.60M | 68.40M | 45.70M | 28.90M | 0.88 | 56.53M | 21.60M | 27.25M | 22.23M | 28.38M | 32.32M | 23.33M | 22.58M | 29.93M | 22.23M | 18.62M | 16.14M | 9.48M | 0.00 | 0.00 |
| Other Expenses | 0.00 | -97.70M | -90.40M | -65.90M | -45.60M | -25.90M | 9.74M | 3.60M | 1.72M | 3.01M | 8.59M | 6.96M | 3.62M | 48.95M | 10.93M | -59.36M | 43.20M | 52.05M | 46.97M | 43.02M | 0.00 | 0.00 |
| Operating Expenses | 118.50M | 97.70M | 93.60M | 68.40M | 45.70M | 28.90M | 10.00M | 78.19M | 54.77M | 86.61M | 80.91M | 88.74M | 87.53M | 72.28M | 33.51M | -29.44M | 65.43M | 70.67M | 63.11M | 52.50M | 0.00 | 0.00 |
| Cost & Expenses | 1.27B | 1.23B | 1.29B | 1.17B | 859.40M | 391.60M | 76.00M | 187.97M | 223.71M | 427.98M | 306.05M | 289.63M | 171.41M | 139.24M | 82.48M | 21.19M | 123.92M | 128.72M | 153.74M | 109.90M | 0.00 | 0.00 |
| Interest Income | 19.80M | 13.60M | 1.00M | 1.20M | 4.90M | 5.50M | 1.20M | 3.60M | 1.72M | 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 |
| Interest Expense | 0.00 | 0.00 | 1.00M | 1.20M | 4.90M | 5.50M | 0.00 | 8.53M | 19.99M | 34.07M | 30.29M | 20.00M | 19.36M | 17.01M | 16.45M | 20.46M | 21.28M | 9.23M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 3.00M | 1.21B | 1.29B | 1.16B | 859.30M | 388.60M | 54.80M | 5.46M | 229.39M | 45.09M | 41.72M | 29.98M | 18.93M | 9.81M | 9.01M | 9.79M | 7.67M | 2.92M | 2.36M | 2.25M | -535.00K | -552.00K |
| EBITDA | 240.80M | 209.40M | 233.10M | 163.50M | 77.30M | 43.40M | 49.60M | 16.20M | 123.78M | 88.04M | 59.71M | 92.25M | 11.52M | 656.00K | -17.15M | 10.34M | 25.20M | 52.18M | 74.18M | 47.84M | 168.77M | 119.34M |
| EBITDA Ratio | 15.95% | 14.25% | 14.96% | 13.31% | 7.76% | 9.97% | 22.03% | -40.84% | -3.60% | -38.66% | 19.46% | 26.31% | 22.13% | -17.01% | 32.16% | 86.89% | 30.13% | 28.92% | 32.85% | 30.45% | 99.68% | 99.54% |
| Operating Income | 240.80M | 204.80M | 230.40M | 160.80M | 72.40M | 36.70M | 17.80M | 39.77M | 140.35M | -164.68M | 38.76M | 46.58M | 27.17M | 58.12M | 18.89M | 125.06M | 35.81M | 49.27M | 71.82M | 45.59M | 169.30M | 119.89M |
| Operating Income Ratio | 15.95% | 14.25% | 15.17% | 12.13% | 7.77% | 8.57% | 17.05% | 34.78% | 71.13% | -62.76% | 12.63% | 14.07% | 15.74% | 42.87% | 18.63% | 85.51% | 22.42% | 27.68% | 31.84% | 29.32% | 100.00% | 100.00% |
| Total Other Income/Expenses | 29.30M | 15.20M | 2.20M | -14.20M | 5.70M | 9.40M | 41.75M | 41.40M | -48.01M | -15.05M | -13.01M | -4.31M | 33.30M | 21.42M | -10.58M | -27.86M | -16.36M | -4.79M | 9.99M | 10.17M | -123.42M | -96.18M |
| Income Before Tax | 270.10M | 221.60M | 235.80M | 146.60M | 78.10M | 45.70M | 49.81M | 52.12M | 92.35M | -179.74M | 25.75M | 42.27M | 25.89M | 12.26M | 8.30M | 97.21M | 17.21M | 38.70M | 81.81M | 55.76M | 45.88M | 23.71M |
| Income Before Tax Ratio | 17.89% | 15.42% | 15.52% | 11.06% | 8.38% | 10.67% | 47.71% | 45.59% | 46.80% | -68.49% | 8.39% | 12.77% | 15.00% | 9.04% | 8.19% | 66.47% | 10.77% | 21.75% | 36.27% | 35.86% | 27.10% | 19.77% |
| Income Tax Expense | 66.70M | 54.70M | 57.00M | 36.10M | 16.40M | 9.40M | 49.81M | 45.82M | 15.30M | 32.64M | 8.66M | 7.21M | 8.02M | 3.02M | 2.47M | 35.63M | 5.24M | 13.91M | 29.97M | 20.86M | 17.44M | 8.46M |
| Net Income | 203.40M | 166.90M | 178.80M | 110.20M | 60.80M | 33.00M | 59.55M | 50.25M | 58.65M | -213.05M | 16.58M | 29.32M | 12.94M | 7.15M | 5.13M | 59.11M | 11.97M | 24.80M | 51.84M | 34.90M | 28.44M | 15.25M |
| Net Income Ratio | 13.48% | 11.62% | 11.77% | 8.31% | 6.53% | 7.70% | 57.04% | 43.96% | 29.72% | -81.19% | 5.41% | 8.86% | 7.50% | 5.28% | 5.06% | 40.41% | 7.50% | 13.93% | 22.98% | 22.44% | 16.80% | 12.72% |
| EPS | 4.04 | 3.34 | 3.59 | 2.25 | 1.27 | 0.79 | 27.22M | 1.19 | 1.40 | -6.25 | 0.38 | 0.81 | 0.37 | 0.20 | 0.14 | 1.65 | 0.34 | 0.70 | 1.47 | 0.99 | 0.80 | 0.43 |
| EPS Diluted | 4.00 | 3.33 | 3.59 | 2.25 | 1.26 | 0.79 | 27.24M | 1.19 | 1.38 | -6.22 | 0.38 | 0.80 | 0.36 | 0.20 | 0.14 | 1.64 | 0.33 | 0.70 | 1.47 | 0.99 | 0.80 | 0.43 |
| Weighted Avg Shares Out | 50.40M | 49.99M | 49.82M | 48.90M | 48.04M | 41.97M | 2.19 | 42.14M | 34.55M | 34.07M | 35.32M | 35.37M | 35.21M | 35.41M | 35.89M | 35.81M | 35.46M | 35.38M | 35.38M | 35.38M | 35.38M | 35.38M |
| Weighted Avg Shares Out (Dil) | 50.80M | 50.12M | 49.85M | 48.98M | 48.09M | 42.01M | 2.19 | 42.38M | 42.33M | 34.27M | 43.60M | 36.81M | 35.48M | 35.78M | 36.38M | 36.10M | 35.89M | 35.38M | 35.38M | 35.38M | 35.38M | 35.38M |
Forestar to Release 2024 Third Quarter Earnings on July 18, 2024
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024.
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The real estate lot developer took the wraps off its latest set of quarterly results. It trounced the average prognosticator forecast for net income and beat handily on the top line.
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Forestar Group (FOR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.54 per share a year ago.
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ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported that net income for the second quarter of fiscal 2024 increased 67% to $45.0 million or $0.89 per diluted share.
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