# Forestar Group Inc.: overview

FOR · NYSE · CIK 1406587 · [Real estate](/sectors/real-estate.md) · fiscal year ends Sep 30

Pages: [Overview](/companies/for.md) · [Financials](/companies/for/financials.md) · [Filings](/companies/for/filings.md) · [Insiders](/companies/for/insiders.md)

Latest reported revenue: [$407.0m](/filings/0001628280-26-049174.md) for Q3 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 22, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-049174).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [551 d](/filings/0001628280-25-053125.md) | [250](/filings/0001628280-26-003039.md) | [351](/filings/0001628280-26-026783.md) | [391](/filings/0001628280-26-049174.md) | [671 d](/filings/0001628280-25-053125.md) | [273](/filings/0001628280-26-003039.md) | [374](/filings/0001628280-26-026783.md) | [407](/filings/0001628280-26-049174.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [14.8% d](/filings/0001628280-25-053125.md) | [6.6%](/filings/0001628280-26-003039.md) | [9.0%](/filings/0001628280-26-026783.md) | [8.4%](/filings/0001628280-26-049174.md) | [13.0% d](/filings/0001628280-25-053125.md) | [5.6%](/filings/0001628280-26-003039.md) | [8.6%](/filings/0001628280-26-026783.md) | [8.8%](/filings/0001628280-26-049174.md) |
| Diluted EPS | $ per share | not reported | [0.32](/filings/0001628280-26-003039.md) | [0.62](/filings/0001628280-26-026783.md) | [0.65](/filings/0001628280-26-049174.md) | not reported | [0.30](/filings/0001628280-26-003039.md) | [0.63](/filings/0001628280-26-026783.md) | [0.70](/filings/0001628280-26-049174.md) |
| Free cash flow | $m | [118 d](/filings/0001628280-25-053125.md) | [(450)](/filings/0001628280-26-003039.md) | [(20.5) d](/filings/0001628280-26-026783.md) | [15.0 d](/filings/0001628280-26-049174.md) | [256 d](/filings/0001628280-25-053125.md) | [(157)](/filings/0001628280-26-003039.md) | [152 d](/filings/0001628280-26-026783.md) | [32.7 d](/filings/0001628280-26-049174.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,326](/filings/0001406587-23-000118.md) | [1,519](/filings/0001406587-24-000118.md) | [1,437](/filings/0001628280-25-053125.md) | [1,509](/filings/0001628280-25-053125.md) | [1,662](/filings/0001628280-25-053125.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [8.3%](/filings/0001406587-23-000118.md) | [11.8%](/filings/0001406587-24-000118.md) | [11.6%](/filings/0001628280-25-053125.md) | [13.5%](/filings/0001628280-25-053125.md) | [10.1%](/filings/0001628280-25-053125.md) |
| Diluted EPS | $ per share | [2.25](/filings/0001406587-23-000118.md) | [3.59](/filings/0001406587-24-000118.md) | [3.33](/filings/0001628280-25-053125.md) | [4.00](/filings/0001628280-25-053125.md) | [3.29](/filings/0001628280-25-053125.md) |
| Free cash flow | $m | [(305)](/filings/0001406587-23-000118.md) | [105](/filings/0001406587-24-000118.md) | [363](/filings/0001628280-25-053125.md) | [(161)](/filings/0001628280-25-053125.md) | [(200)](/filings/0001628280-25-053125.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/for/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $90.6m | 2,861,811 |  | Added +56,005 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $56.8m | 1,794,007 |  | Reduced −18,620 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $56.2m | 1,774,842 |  | Added +139,676 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $30.0m | 946,901 |  | Added +137,309 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $28.0m | 883,924 |  | Added +3,477 |
| [AMERIPRISE FINANCIAL INC](/funds/820027.md) | 2026-06-30 | $18.0m | 567,550 |  | Added +63,200 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $17.4m | 549,468 |  | Added +32,628 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $17.4m | 549,069 |  | Reduced −13,657 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $15.0m | 475,426 |  | Added +24,311 |
| [HEARTLAND ADVISORS INC](/funds/937394.md) | 2026-06-30 | $15.0m | 474,813 |  | Reduced −30,277 |

## Recent filings

[All 1,422 filings](/companies/for/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 13:47 ET | [8-K](/filings/0001628280-26-068139.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-068139 |
| 2026-10-29 | 18:25 ET | [8-K](/filings/0001628280-26-067973.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001628280-26-067973 |
| 2026-07-22 | 15:41 ET | [10-Q](/filings/0001628280-26-049174.md) | Quarterly report, period 2026-06-30 | 0001628280-26-049174 |
| 2026-07-21 | 12:00 ET | [8-K](/filings/0001628280-26-048958.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-048958 |
| 2026-04-23 | 14:13 ET | [10-Q](/filings/0001628280-26-026783.md) | Quarterly report, period 2026-03-31 | 0001628280-26-026783 |
| 2026-04-21 | 13:43 ET | [8-K](/filings/0001628280-26-026197.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-026197 |
| 2026-01-22 | 14:10 ET | [10-Q](/filings/0001628280-26-003039.md) | Quarterly report, period 2025-12-31 | 0001628280-26-003039 |
| 2026-01-20 | 14:59 ET | [8-K](/filings/0001628280-26-002572.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-002572 |
| 2026-01-20 | 14:52 ET | [8-K](/filings/0001628280-26-002568.md) | 5.07 Shareholder vote results | 0001628280-26-002568 |
| 2025-12-16 | 13:48 ET | [DEF 14A](/filings/0001628280-25-057287.md) | Proxy statement, period 2026-01-19 | 0001628280-25-057287 |

## Latest annual report

[Form 10-K for the fiscal year ended Sep 30, 2025](/filings/0001628280-25-053125.md), filed Nov 19, 2025.

## Forecast league

Q4 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/33fda8cf-dada-47cf-932f-aaefa1cd6beb)

## About the filer

- CIK: 1406587
- Tickers: FOR
- Exchange: NYSE
- SIC code: 6500 Real Estate
- State of incorporation: DE
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 13:49 ET. No prices; not investment advice.