Forestar Group Inc. (FOR) Income Statement Analysis

See more : Periphas Capital Partnering Corporation (PCPC-UN) 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)

Industry: Real Estate - Development

Sector: Real Estate

Website: https://www.forestar.com

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

Is Forestar Group (FOR) Stock Undervalued Right Now?

June 6, 2022zacks.com

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...

Forestar Group (FOR) Loses 13% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

May 12, 2022zacks.com

Forestar Group (FOR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for...

Forestar Group (FOR) is an Incredible Growth Stock: 3 Reasons Why

May 2, 2022zacks.com

Forestar Group (FOR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Forestar Group (FOR) Moves to Buy: Rationale Behind the Upgrade

April 26, 2022zacks.com

Forestar Group (FOR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Forestar: Land Developer Is A Top Inflation-Fighting Stock

April 23, 2022seekingalpha.com

Certain assets may help your portfolio thrive during the current high inflation environment, and multiple strategies. One way to leverage inflation is by controlling prices and increasing the availability of an asset.

Forestar Group Inc. (FOR) CEO Dan Bartok on Q2 2022 Results - Earnings Call Transcript

April 21, 2022seekingalpha.com

Forestar Group Inc. (NYSE:FOR ) Q2 2022 Earnings Conference Call April 21, 2022 5:00 PM ET Company Participants Katie Smith - Director, Finance and Investor Relations Dan Bartok - Chief Executive Officer Jim Allen - Chief Financial Officer Conference Call...

Forestar Reports Fiscal 2022 Second Quarter Results

April 21, 2022businesswire.com

ARLINGTON, Texas--(BUSINESS WIRE)--Forestar Group Inc. ("Forestar") (NYSE: FOR), a leading national residential lot developer, today reported financial results for its second fiscal quarter ended March 31, 2022. Fiscal 2022 Second Quarter Highlights All comparisons are year-over-year, unless otherwise noted Net...