Company Analysis

Forestar Group Inc. (FOR)

NYSE: FOR · Real Estate · Arlington, TX · filing with the SEC since 2007
Grade4.9
◀ Past 4.5● Present 5.6▶ Future 4.2

The grade of Forestar Group Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past4.525% of the headline
● Present5.645% of the headline
▶ Future4.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.5/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2017-10-10.

weight 45% of this tense · 25th percentile among 32 sector filers · read for itself

From the record

Forestar Group Inc.'s filings since 2017 show 1 warning event: a debt default or acceleration notice (8-K item 2.04, the latest 2017-10-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.5/10

What has it actually done, year after year?

+41.3% a year over 8 filed years; profitable in 8 of 8.

weight 33% of this tense · 75th percentile among 29 sector filers · read for its customers

From the record

Forestar Group Inc.'s 8 filed years say what it did: revenue went from $114 million in fiscal 2017 to $1.7 billion in fiscal 2025, up 41.3% a year; it rose in 6 of 7 years; the deepest fall was 5% from fiscal 2022 to fiscal 2023; net income was positive in 8 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span41.3%top 16% of its family
  • the share of years revenue rosetop 33% of its family
  • the share of filed years with a profittop 17% of its family
  • the deepest fall from a revenue peak5.4%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.3/10

How has it treated the people who own it?

Share count grew 0.8% a year. 0% of cash flow returned. Insiders: 3 sales, 0 purchases.

weight 22% of this tense · 43rd percentile among 22 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, Forestar Group Inc.'s diluted share count grew about 0.8% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-11-06 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 27% of its family
  • cash returned against operating cash flowbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.6/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
6.7/10

Is it financially healthy right now?

ROE 9%: 9¢ of profit per shareholder dollar. Leverage 44%: owes 44¢ per asset dollar.

weight 45% of this tense · 67th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Forestar Group Inc. earned about 9 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 44 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 44% of its family
  • return on equitytop 27% of its family
  • gross profit against assetstop 28% of its family
  • the share count against the year beforetop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.8/10

How strong is its position in its industry?

top 42% of 30 in its family; net margin 10.1%.

weight 33% of this tense · 58th percentile among 30 sector filers · read for its customers

From the record

Forestar Group Inc.'s standing among 30 graded names in its industry family: revenue of $1.7 billion in fiscal 2025 ranks in the top 16% by size; a net margin of 10.1% ranks in the top 45%; revenue growth of 3% a year over the last 3 filed years ranks in the bottom 36% (its annual reports).

What it rests on

  • revenue against the family$1.66Btop 16% of its family
  • net margin10.1%top 45% of its family
  • three-year revenue growth3.0%bottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.9/10

What are the people in charge doing?

bottom 29% of 20 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 29th percentile among 20 sector filers · read for its shareholders

From the record

Forestar Group Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Oxley, Anthony W (Chairman, Pres & CEO, as filed), filing under that title since 2024-01-02, 2.9 years (bottom 34% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 3.9 years (bottom 14%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 10 peoplebottom 38% of its family
  • the median years the people in charge have filed3.9 yearsbottom 14% of its family
  • the chief executive's years on the record2.9 yearsbottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.6/10

How much room does it have to grow?

bottom 36% of 29 in its family for room to expand.

weight 22% of this tense · 36th percentile among 29 sector filers · read for itself

From the record

Forestar Group Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $379 million against debt of $803 million leaves -13.5% of its assets as net cash, bottom 47% of its family; cash from operations less capital spending is -12% of revenue (bottom 33%); a gross margin of 21.9% (bottom 28%) (its annual report).

What it rests on

  • cash less debt against assets-13.5%bottom 47% of its family
  • cash from operations less capital spending against revenue-12.0%bottom 33% of its family
  • gross margin21.9%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.7/10

What could actually drive growth from here?

bottom 27% of 29 in its family for growth drivers.

weight 33% of this tense · 27th percentile among 29 sector filers · read for its customers

From the record

Forestar Group Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3% a year over the last three filed years against 41.3% over all 8, slowing (bottom 9% of its family); the newest year grew 10.1% (top 43%); capital spending grew -14.3% a year (bottom 15%) (its annual reports). Forestar Group Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-38.2 points a yearbottom 9% of its family
  • the newest year's revenue growth10.1%top 43% of its family
  • three-year growth of capital spending-14.3%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.7/10

Did its newest year beat what its own record pointed to?

top 43% of 29 in its family for expectations against reality.

weight 45% of this tense · 57th percentile among 29 sector filers · read for its shareholders

From the record

Forestar Group Inc.'s newest year against its own record: revenue of $1.7 billion in fiscal 2025 came in 10.5% above the $1.5 billion its prior three years' pace pointed to (top 33% of its family); net income of $168 million against a prior three-year average of $183 million (top 50%); a net margin of 10.1% against 12.3% before (top 47%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace10.5%top 33% of its family
  • net income against the prior three years' average-8%top 50% of its family
  • net margin against its prior average-2.2 pointstop 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FOR · research, not advice