Inferra AI / Company / FOR

Forestar Group Inc.

FOR · Real Estate

Last earnings Oct 29, 2026

Key results

Net incomequarter

7%

Net income increased 7% to $87.0 million or $1.70 per diluted share Pre-tax income increased 4% to $113.1 million, with a pre-tax profit margin of 16.9%

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Consolidated revenuequarter

22%

Consolidated revenues increased 22% to $670.5 million on 4,891 lots sold Fiscal 2025 Highlights All comparisons are year-over-year Net income totaled $167.9 million or $3.29 per diluted share Pre-tax income of $219.3 million, with a pre-tax profit margin of 13.2%

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Consolidated revenuefull-year

10%

Consolidated revenues increased 10% to $1.7 billion on 14,240 lots sold Owned and controlled 99,800 lots at September 30, 2025 Lots contracted for sale increased 13% to 23,800 lots at September 30, 2025 Real estate of $2.6 billion at September 30

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Revenuefull-year

22%

Revenues for the fourth quarter increased 22% to $670.5 million from $551.4 million in the same quarter of fiscal 2024.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Revenuequarter

10%

Revenues for fiscal 2025 increased 10% to $1.7 billion from $1.5 billion in fiscal 2024.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Of the Company s owned lot position at September 30, 2025, 23,800 lots, or 37%, were under contract to be sold, representing approximately $2.1 billion of future revenue.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Horton and $2.1 billion of contracted future revenue.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Horton and $2.1 billion of contracted future revenue and we plan to maintain our disciplined approach to capital allocation while positioning Forestar for growth and driving long-term value for our shareholders.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

AI analysis

Q4 FY2025 · reported Oct 28, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Diluted EPS · Q4 FY2025
$1.70
EX-99 · Oct 28, 2025

Headline figures

MetricQ4 FY2025Prior qtrYear ago
Net income7%$81.0 million—
Consolidated revenue22%$991.9 million—
Revenue10%$991.9 million—

EX-99 · Oct 28, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Capital Structure, Leverage and Liquidity Forestar ended the fiscal year with $379.2 million of unrestricted cash and $588.9 million of available borrowing capacity on its senior unsecured revolving credit facility for total liquidity of $968.1 million.

In September 2025, the Company redeemed the remaining $70.6 million principal amount of 3.85% senior unsecured notes due 2026.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

FORESTAR REPORTS FOURTH QUARTER AND FISCAL 2025 RESULTS ARLINGTON, Texas (Business Wire) - October 28, 2025 Forestar Group Inc

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Capital Structure, Leverage and Liquidity Forestar ended the fiscal year with $379.2 million of unrestricted cash and $588.9 million of available borrowing capacity on its senior unsecured revolving credit facility for total liquidity of $968.1 million.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

In September 2025, the Company redeemed the remaining $70.6 million principal amount of 3.85% senior unsecured notes due 2026.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Debt at September 30, 2025 totaled $802.7 million, with no senior note maturities until fiscal 2028.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The Company s net debt to total capital ratio at the end of the year was 19.3%.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net debt to total capital consists of debt net of unrestricted cash divided by stockholders equity plus debt net of unrestricted cash.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Segment assets that are reported as total assets and capital expenditures are reviewed by the CODM and are presented on the consolidated balance sheets and consolidated statements of cash flows, respectively.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

Strategy & priorities

Our profitable expansion is creating meaningful value for our shareholders.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

We are focused on maximizing returns in each of our projects by aligning the pace and price of lot sales with the timing of our investments to meet demand.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

We expect to continue aggregating market share, supported by our financial strength, substantial operating platform, strategic relationship with D.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Forward-looking statements in this release include we currently expect to deliver between 14,000 and 15,000 lots, generating $1.6 billion to $1.7 billion of revenue Forestar is uniquely positioned to consistently supply finished lots that are essential to the homebuilding industry our strong balance sheet and liquidity allow us to remain agile and resilient through changing market conditions we expect to continue aggregating market share, supported by our financial strength, substantial operating platform, strategic relationship with D.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Horton s controlling level of ownership on us and the holders of our securities our ability to realize the potential benefits of the strategic relationship with D.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Risks & headwinds

Legal Proceedings 28 Item 5.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

13 Table of Contents Litigation On April 29, 2025, a verified stockholder of the Company filed a derivative complaint in the Delaware Court of Chancery, on behalf of the Company, against D.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

Nevertheless, the outcome of this lawsuit is uncertain and cannot be predicted with any certainty.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

Accordingly, at this time, the Company is not able to estimate a possible loss or range of loss that may result from this lawsuit or to determine whether such loss, if any, would have a material adverse effect on its business, financial condition, results of operations or liquidity.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

In addition, the Company is involved in various other legal proceedings that arise from time to time in the ordinary course of business and believes that adequate reserves have been established for any probable losses.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

Some of the information contained in this discussion and analysis constitutes forward-looking statements that involve risks and uncertainties.

SEC original ↗Forestar Group Inc. — 10-Q Quarterly report10-QJul 22, 2026

What changed vs prior quarter

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Consolidated revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Consolidated revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Forestar Group Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

37 documents

Earnings releases

9 documents

Presentations

0 documents

No presentations for Forestar Group Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Forestar Group Inc. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Forestar Group Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.