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)

6/30/2025
Q3
3/31/2025
Q2
12/31/2024
Q1
9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments174,300132,000481,200359,200416,200458,900
Cash and cash equivalent174,300132,000481,200359,200416,200458,900
Total current assets:174,300132,000481,200359,200416,200458,900
Noncurrent Assets
Operating lease, right-of-use asset8,2008,9009,600   
Inventory, real estate2,831,3002,804,6002,329,2002,238,7002,115,9002,009,800
Property, plant and equipment7,1006,8007,1006,5006,1005,800
Long-term investments and receivables   300300500500
Long-term investments   300300500500
Total noncurrent assets:2,846,6002,820,3002,346,2002,245,5002,122,5002,016,100
Other undisclosed assets21,8008,30012,70070,30060,00058,800
TOTAL ASSETS:3,042,7002,960,6002,840,1002,675,0002,598,7002,533,800
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue1,3001,3002,7005,5005,7009,200
Total current liabilities:1,3001,3002,7005,5005,7009,200
Noncurrent Liabilities
Liabilities, other than long-term debt74,90066,60067,50052,80050,80050,200
Deferred income tax liabilities74,90066,60067,50052,80050,80050,200
Total noncurrent liabilities:74,90066,60067,50052,80050,80050,200
Other undisclosed liabilities1,320,6001,278,6001,174,8001,103,8001,069,3001,065,600
Total liabilities:1,396,8001,346,5001,245,0001,162,1001,125,8001,125,000
Equity
Equity, attributable to parent1,644,9001,613,1001,594,1001,511,9001,471,9001,407,800
Common stock50,80050,70050,70050,60050,60049,900
Additional paid in capital667,800667,700665,200664,600663,300644,900
Retained earnings926,300894,700878,200796,700758,000713,000
Equity, attributable to noncontrolling interest1,0001,0001,0001,0001,0001,000
Total equity:1,645,9001,614,1001,595,1001,512,9001,472,9001,408,800
TOTAL LIABILITIES AND EQUITY:3,042,7002,960,6002,840,1002,675,0002,598,7002,533,800

Income Statement (P&L) ($ in thousands)

6/30/2025
Q3
3/31/2025
Q2
12/31/2024
Q1
9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
Revenues351,000250,400551,400318,400333,800305,900
Cost of revenue
(Cost of Product and Service Sold)
(271,800)(195,400)(419,500)(246,900)(250,700)(233,000)
Gross profit:79,20055,000131,90071,50083,10072,900
Operating expenses(38,400)(36,000)(27,500)(24,300)(29,200)(28,000)
Operating income:40,80019,000104,40047,20053,90044,900
Interest and debt expense (1,100)     
Income from continuing operations before equity method investments, income taxes:39,70019,000104,40047,20053,90044,900
Income from equity method investments  600    
Other undisclosed income from continuing operations before income taxes1,0002,3004,1004,4005,0006,300
Income from continuing operations before income taxes:40,70021,900108,50051,60058,90051,200
Income tax expense(9,100)(5,400)(26,900)(12,900)(13,900)(13,000)
Net income available to common stockholders, diluted:31,60016,50081,60038,70045,00038,200

Comprehensive Income ($ in thousands)

6/30/2025
Q3
3/31/2025
Q2
12/31/2024
Q1
9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
Net income:31,60016,50081,60038,70045,00038,200
Comprehensive income, net of tax, attributable to parent:31,60016,50081,60038,70045,00038,200

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.

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