Forestar Group Inc. (FOR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2221 E. LAMAR BLVD. ARLINGTON, TX 76006 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 MRQ | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 132,000 | 481,200 | 616,000 | 264,800 | 153,600 | 394,300 | |||
| Cash and cash equivalent | 132,000 | 481,200 | 616,000 | 264,800 | 153,600 | 394,300 | |||
| Total current assets: | 132,000 | 481,200 | 616,000 | 264,800 | 153,600 | 394,300 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 8,900 | 9,600 | 7,600 | ||||||
| Inventory, real estate | 2,804,600 | 2,329,200 | 1,790,300 | 2,022,400 | 1,905,200 | 1,309,700 | |||
| Property, plant and equipment | 6,800 | 7,100 | 5,900 | 5,700 | 2,900 | 1,100 | |||
| Long-term investments and receivables | 300 | 500 | 500 | 900 | 3,600 | ||||
| Long-term investments | 300 | 500 | 500 | 900 | 3,600 | ||||
| Total noncurrent assets: | 2,820,300 | 2,346,200 | 1,804,300 | 2,028,600 | 1,909,000 | 1,314,400 | |||
| Other undisclosed assets | 8,300 | 12,700 | 50,400 | 49,600 | 39,100 | 31,200 | |||
| TOTAL ASSETS: | 2,960,600 | 2,840,100 | 2,470,700 | 2,343,000 | 2,101,700 | 1,739,900 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Deferred revenue | 1,300 | 2,700 | 10,000 | 16,100 | 5,800 | 200 | |||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | 3,200 | 6,700 | 8,400 | ||
| Total current liabilities: | 1,300 | 2,700 | 10,000 | 19,300 | 12,500 | 8,600 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 66,600 | 67,500 | 50,700 | 36,900 | 24,400 | 5,700 | |||
| Deferred income tax liabilities | 66,600 | 67,500 | 50,700 | 36,900 | 24,400 | 5,700 | |||
| Total noncurrent liabilities: | 66,600 | 67,500 | 50,700 | 36,900 | 24,400 | 5,700 | |||
| Other undisclosed liabilities | 1,278,600 | 1,174,800 | 1,040,100 | 1,087,500 | 1,048,900 | 853,800 | |||
| Total liabilities: | 1,346,500 | 1,245,000 | 1,100,800 | 1,143,700 | 1,085,800 | 868,100 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,613,100 | 1,594,100 | 1,368,900 | 1,198,300 | 1,014,900 | 870,900 | |||
| Common stock | 50,700 | 50,700 | 49,900 | 49,800 | 49,600 | 48,100 | |||
| Additional paid in capital | 667,700 | 665,200 | 644,200 | 640,600 | 636,200 | 603,900 | |||
| Retained earnings | 894,700 | 878,200 | 674,800 | 507,900 | 329,100 | 218,900 | |||
| Equity, attributable to noncontrolling interest | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 900 | |||
| Total equity: | 1,614,100 | 1,595,100 | 1,369,900 | 1,199,300 | 1,015,900 | 871,800 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,960,600 | 2,840,100 | 2,470,700 | 2,343,000 | 2,101,700 | 1,739,900 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,454,000 | 1,509,400 | 1,436,900 | 1,519,100 | 1,325,800 | 931,800 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,112,500) | (1,150,100) | (1,132,800) | (1,195,100) | (1,096,600) | (813,700) | ||
| Gross profit: | 341,500 | 359,300 | 304,100 | 324,000 | 229,200 | 118,100 | ||
| Operating expenses | (117,000) | (109,000) | (96,100) | (90,400) | (65,900) | (45,600) | ||
| Operating income: | 224,500 | 250,300 | 208,000 | 233,600 | 163,300 | 72,500 | ||
| Nonoperating income (Other Nonoperating income) | 4,900 | |||||||
| Interest and debt expense | (18,100) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 224,500 | 250,300 | 208,000 | 233,600 | 145,200 | 77,400 | ||
| Income from equity method investments | 600 | 1,200 | 200 | 700 | ||||
| Other undisclosed income from continuing operations before income taxes | 15,800 | 19,800 | 13,600 | 1,000 | 1,200 | |||
| Income from continuing operations before income taxes: | 240,900 | 270,100 | 221,600 | 235,800 | 146,600 | 78,100 | ||
| Income tax expense | (59,100) | (66,700) | (54,700) | (57,000) | (36,100) | (16,400) | ||
| Income from continuing operations: | 181,800 | 203,400 | 166,900 | 178,800 | 110,500 | 61,700 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 178,800 | 110,500 | 61,700 | |
| Net income: | 181,800 | 203,400 | 166,900 | 178,800 | 110,500 | 61,700 | ||
| Net loss attributable to noncontrolling interest | (300) | (900) | ||||||
| Net income available to common stockholders, diluted: | 181,800 | 203,400 | 166,900 | 178,800 | 110,200 | 60,800 | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 181,800 | 203,400 | 166,900 | 178,800 | 110,500 | 61,700 | ||
| Comprehensive income: | 181,800 | 203,400 | 166,900 | 178,800 | 110,500 | 61,700 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (300) | (900) | ||||||
| Comprehensive income, net of tax, attributable to parent: | 181,800 | 203,400 | 166,900 | 178,800 | 110,200 | 60,800 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.