Forestar Group Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Operating Revenue	1,685	1,662	1,509	1,437	1,519	1,326
Revenue	1,685	1,662	1,509	1,437	1,519	1,326
Revenue Growth (YoY)	15.90%	10.14%	5.05%	-5.41%	14.58%	42.28%
Cost of Revenue	1,322	1,299	1,150	1,113	1,191	1,097
Gross Profit	363.5	363.5	359.3	323.5	327.8	229.2
Selling, General & Admin	154.9	154.4	118.5	97.7	93.6	68.4
Operating Expenses	154.9	154.4	118.5	97.7	93.6	68.4
Operating Income	208.6	209.1	240.8	225.8	234.2	160.8
Interest & Investment Income	6.3	6.3	19.8	13.6	1	1.2
Earnings From Equity Investments	-	0.6	-	-	1.2	0.2
EBT Excluding Unusual Items	214.9	216	260.6	239.4	236.4	162.2
Gain (Loss) on Sale of Assets	4.5	4.5	9.5	1.6	3.2	2.5
Asset Writedown	-	-	-	-19.4	-3.8	-
Other Unusual Items	-1.2	-1.2	-	-	-	-18.1
Pretax Income	218.2	219.3	270.1	221.6	235.8	146.6
Income Tax Expense	51.4	51.4	66.7	54.7	57	36.1
Earnings From Continuing Operations	166.8	167.9	203.4	166.9	178.8	110.5
Net Income to Company	166.8	167.9	203.4	166.9	178.8	110.5
Minority Interest in Earnings	-	-	-	-	-	-0.3
Net Income	166.8	167.9	203.4	166.9	178.8	110.2
Net Income to Common	166.8	167.9	203.4	166.9	178.8	110.2
Net Income Growth	-8.20%	-17.45%	21.87%	-6.65%	62.25%	81.25%
Shares Outstanding (Basic)	51	51	50	50	50	49
Shares Outstanding (Diluted)	51	51	51	50	50	49
Shares Change (YoY)	0.26%	0.52%	1.34%	0.55%	1.79%	1.83%
EPS (Basic)	3.28	3.30	4.03	3.34	3.59	2.25
EPS (Diluted)	3.27	3.29	4.00	3.33	3.59	2.25
EPS Growth	-8.07%	-17.75%	20.12%	-7.22%	59.51%	78.57%
Free Cash Flow	93	-199.9	-160.6	362.8	105.2	-304.7
Free Cash Flow Per Share	1.82	-3.92	-3.16	7.24	2.11	-6.22
Gross Margin	21.57%	21.87%	23.80%	22.51%	21.58%	17.29%
Operating Margin	12.38%	12.58%	15.95%	15.71%	15.42%	12.13%
Profit Margin	9.90%	10.10%	13.48%	11.62%	11.77%	8.31%
Free Cash Flow Margin	5.52%	-12.03%	-10.64%	25.25%	6.93%	-22.98%
EBITDA	212.2	212.6	243.8	228.8	236.9	163.5
EBITDA Margin	12.59%	12.79%	16.15%	15.92%	15.60%	12.33%
D&A For EBITDA	3.6	3.5	3	3	2.7	2.7
EBIT	208.6	209.1	240.8	225.8	234.2	160.8
EBIT Margin	12.38%	12.58%	15.95%	15.71%	15.42%	12.13%
Effective Tax Rate	23.56%	23.44%	24.70%	24.68%	24.17%	24.63%

Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q