See more : Golden Valley Development, Inc (GVDI) 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: Headcount Growth And Lot Price Increase Could Imply Undervaluation
Forestar Group's increase in book value per share and gross profit margin improvements are driven by a recent increase in the price of lots. FOR's diversified national presence and short-term project execution strategy offer multiple opportunities for profit margin maximization...
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Amid low supply, Real Estate Development industry players like FOR and GBRK are likely to benefit from the improving demand for several trending real-estate property types and new-age real estate developments.
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Forestar to Present at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar will participate in a fireside chat via webcast at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023.
Earnings Estimates Rising for Forestar Group (FOR): Will It Gain?
Forestar Group (FOR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Forestar Group Inc. (FOR) Q2 2023 Earnings Call Transcript
Forestar Group Inc. (FOR) Q2 2023 Earnings Call Transcript.
Forestar Group (FOR) Q2 Earnings and Revenues Beat Estimates
Forestar Group (FOR) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.96 per share a year ago.
Forestar Group Inc. (FOR) Q1 2023 Earnings Call Transcript
Forestar Group Inc. (NYSE:FOR ) Q1 2023 Earnings Conference Call January 24, 2023 5:00 PM ET Company Participants Katie Smith - Director of Finance and Investor Relations Dan Bartok - Chief Executive Officer Jim Allen - Chief Financial Officer Mark...
Forestar Group (FOR) Q1 Earnings and Revenues Lag Estimates
Forestar Group (FOR) delivered earnings and revenue surprises of -43.24% and 31.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Forestar Reports Fiscal 2023 First Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its first quarter ended December 31, 2022. Fiscal 2023 First Quarter Highlights All comparisons are year-over-year Net income attributable to Forestar...
Source: https://incomestatements.info
Category: Stock Reports