Forestar Group Inc. (FRA:4F31)

Forestar Group Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	167.9	203.4	166.9	178.8	110.2
Depreciation & Amortization	3.5	3	3	2.7	2.7
Loss (Gain) From Sale of Assets	-4.5	-9.5	-1.6	-3.2	-2.5
Asset Writedown & Restructuring Costs	-	-	19.4	12.5	3
Loss (Gain) on Equity Investments	-0.6	-	-	-1.2	-0.2
Stock-Based Compensation	7.3	5.3	4.3	3.3	2.6
Other Operating Activities	27.1	20.9	18.4	12.5	37.7
Change in Accounts Payable	-14.4	24.7	-12.7	40.9	28
Change in Unearned Revenue	21	50.9	-14.7	-11.5	49.7
Change in Income Taxes	-	-	-	-	6.3
Change in Other Net Operating Assets	-405	-457.1	181.1	-126.1	-540.6
Operating Cash Flow	-197.7	-158.4	364.1	108.7	-303.1
Operating Cash Flow Growth	-	-	234.96%	-	-
Capital Expenditures	-2.2	-2.2	-1.3	-3.5	-1.6
Sale of Property, Plant & Equipment	4.5	9.5	1.6	3.2	-
Investment in Securities	0.9	-	-	1.6	2.6
Investing Cash Flow	3.2	7.3	0.3	1.3	1
Long-Term Debt Issued	780	-	-	-	458
Total Debt Issued	780	-	-	-	458
Long-Term Debt Repaid	-680	-	-12.5	-	-422
Total Debt Repaid	-680	-	-12.5	-	-422
Net Debt Issued (Repaid)	100	-	-12.5	-	36
Issuance of Common Stock	0.5	19.7	-	1.7	33.4
Repurchase of Common Stock	-1.8	-3.4	-0.7	-0.5	-0.6
Other Financing Activities	-6.2	-	-	-	-7.4
Financing Cash Flow	92.5	16.3	-13.2	1.2	61.4
Net Cash Flow	-102	-134.8	351.2	111.2	-240.7
Free Cash Flow	-199.9	-160.6	362.8	105.2	-304.7
Free Cash Flow Growth	-	-	244.87%	-	-
Free Cash Flow Margin	-12.03%	-10.64%	25.25%	6.93%	-22.98%
Free Cash Flow Per Share	-3.92	-3.16	7.24	2.11	-6.22
Cash Income Tax Paid	30.8	45.7	44.7	42.4	4.3
Levered Free Cash Flow	108.09	199.4	111.53	183.38	178.3
Unlevered Free Cash Flow	108.09	199.4	111.53	183.38	178.3
Change in Working Capital	-398.4	-381.5	153.7	-96.7	-456.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.