Forestar Group Inc. (FOR)

Forestar Group Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,437	1,519	1,326	931.8	428.3
Revenue Growth (YoY)	-5.41%	14.58%	42.28%	117.56%	274.72%
Cost of Revenue	1,133	1,195	1,097	813.7	362.7
Gross Profit	304.1	324	229.2	118.1	65.6
Selling, General & Admin	97.7	93.6	68.4	45.7	28.9
Other Operating Expenses	-1.6	-3.2	-2.5	-0.1	-3
Operating Expenses	96.1	90.4	65.9	45.6	25.9
Operating Income	208	233.6	163.3	72.5	39.7
Other Expense / Income	-13.6	-2.2	17	-4.7	-2.7
Pretax Income	221.6	235.8	146.3	77.2	42.4
Income Tax	54.7	57	36.1	16.4	9.4
Net Income	166.9	178.8	110.2	60.8	33
Net Income Growth	-6.66%	62.25%	81.25%	84.24%	-34.39%
Shares Outstanding (Basic)	50	50	49	48	42
Shares Outstanding (Diluted)	50	50	49	48	42
Shares Change	0.60%	1.63%	1.87%	14.52%	-0.94%
EPS (Basic)	3.34	3.59	2.25	1.26	0.79
EPS (Diluted)	3.33	3.59	2.25	1.26	0.79
EPS Growth	-7.24%	59.56%	78.57%	59.49%	-33.61%
Free Cash Flow	364.4	108.4	-304.7	-167.7	-392.1
Free Cash Flow Per Share	7.29	2.18	-6.23	-3.49	-9.34
Gross Margin	21.16%	21.33%	17.29%	12.67%	15.32%
Operating Margin	14.48%	15.38%	12.32%	7.78%	9.27%
Profit Margin	11.62%	11.77%	8.31%	6.53%	7.70%
Free Cash Flow Margin	25.36%	7.14%	-22.98%	-18.00%	-91.55%
Effective Tax Rate	24.68%	24.17%	24.68%	21.24%	22.17%
EBITDA	224.6	238.5	149	82.1	49.1
EBITDA Margin	15.63%	15.70%	11.24%	8.81%	11.46%
Depreciation & Amortization	3	2.7	2.7	4.9	6.7
EBIT	221.6	235.8	146.3	77.2	42.4
EBIT Margin	15.42%	15.52%	11.03%	8.29%	9.90%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).