Forestar Group Inc (FOR) Financial Statements (2024 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)Annual | Quarterly
| 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | 12/31/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 416,200 | 458,900 | 616,000 | 401,000 | 286,700 | 216,400 | |||
| Cash and cash equivalents | 416,200 | 458,900 | 616,000 | 401,000 | 286,700 | 216,400 | |||
| Total current assets: | 416,200 | 458,900 | 616,000 | 401,000 | 286,700 | 216,400 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,600 | ||||||||
| Inventory, real estate | 2,115,900 | 2,009,800 | 1,790,300 | 1,909,100 | 1,988,000 | 2,067,700 | |||
| Property, plant and equipment | 6,100 | 5,800 | 5,900 | 5,700 | 5,600 | 5,600 | |||
| Long-term investments and receivables | 500 | 500 | 500 | 500 | 500 | 500 | |||
| Long-term investments | 500 | 500 | 500 | 500 | 500 | 500 | |||
| Total noncurrent assets: | 2,122,500 | 2,016,100 | 1,804,300 | 1,915,300 | 1,994,100 | 2,073,800 | |||
| Other undisclosed assets | 60,000 | 58,800 | 50,400 | 59,100 | 55,500 | 50,900 | |||
| TOTAL ASSETS: | 2,598,700 | 2,533,800 | 2,470,700 | 2,375,400 | 2,336,300 | 2,341,100 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Deferred revenue | 5,700 | 9,200 | 10,000 | 7,500 | 11,400 | 14,100 | |||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,200 | ||
| Total current liabilities: | 5,700 | 9,200 | 10,000 | 7,500 | 11,400 | 16,300 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 50,800 | 50,200 | 50,700 | 34,100 | 35,700 | 34,700 | |||
| Deferred income tax liabilities | 50,800 | 50,200 | 50,700 | 34,100 | 35,700 | 34,700 | |||
| Total noncurrent liabilities: | 50,800 | 50,200 | 50,700 | 34,100 | 35,700 | 34,700 | |||
| Other undisclosed liabilities | 1,069,300 | 1,065,600 | 1,040,100 | 1,037,300 | 1,040,400 | 1,069,500 | |||
| Total liabilities: | 1,125,800 | 1,125,000 | 1,100,800 | 1,078,900 | 1,087,500 | 1,120,500 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,471,900 | 1,407,800 | 1,368,900 | 1,295,500 | 1,247,800 | 1,219,600 | |||
| Common stock | 50,600 | 49,900 | 49,900 | 49,900 | 49,900 | 49,800 | |||
| Additional paid in capital | 663,300 | 644,900 | 644,200 | 643,200 | 642,300 | 641,100 | |||
| Retained earnings | 758,000 | 713,000 | 674,800 | 602,400 | 555,600 | 528,700 | |||
| Equity, attributable to noncontrolling interest | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||
| Total equity: | 1,472,900 | 1,408,800 | 1,369,900 | 1,296,500 | 1,248,800 | 1,220,600 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,598,700 | 2,533,800 | 2,470,700 | 2,375,400 | 2,336,300 | 2,341,100 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | 12/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 333,800 | 305,900 | 549,800 | 368,900 | 301,500 | 216,700 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (250,700) | (233,000) | (434,100) | (283,900) | (245,600) | (169,200) | ||
| Gross profit: | 83,100 | 72,900 | 115,700 | 85,000 | 55,900 | 47,500 | ||
| Operating expenses | (29,200) | (28,000) | (26,400) | (26,400) | (22,000) | (21,300) | ||
| Operating income: | 53,900 | 44,900 | 89,300 | 58,600 | 33,900 | 26,200 | ||
| Income from continuing operations before equity method investments, income taxes: | 53,900 | 44,900 | 89,300 | 58,600 | 33,900 | 26,200 | ||
| Other undisclosed income from continuing operations before income taxes | 5,000 | 6,300 | 6,100 | 3,800 | 2,000 | 1,700 | ||
| Income from continuing operations before income taxes: | 58,900 | 51,200 | 95,400 | 62,400 | 35,900 | 27,900 | ||
| Income tax expense | (13,900) | (13,000) | (23,000) | (15,600) | (9,000) | (7,100) | ||
| Net income available to common stockholders, diluted: | 45,000 | 38,200 | 72,400 | 46,800 | 26,900 | 20,800 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | 12/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 45,000 | 38,200 | 72,400 | 46,800 | 26,900 | 20,800 | ||
| Comprehensive income, net of tax, attributable to parent: | 45,000 | 38,200 | 72,400 | 46,800 | 26,900 | 20,800 | ||
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.