Forestar Financial Statements From 2010 to 2024

FOR Stock  USD 30.04  0.40  1.31%   
Forestar financial statements provide useful quarterly and yearly information to potential Forestar Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Forestar financial statements helps investors assess Forestar's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Forestar's valuation are summarized below:
Gross Profit
323.5 M
Profit Margin
0.1348
Market Capitalization
1.5 B
Enterprise Value Revenue
1.1889
Revenue
1.5 B
There are over one hundred nineteen available fundamental signals for Forestar Group, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Forestar's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/28/2024, Market Cap is likely to drop to about 372.7 M. In addition to that, Enterprise Value is likely to drop to about 666.1 M

Forestar Total Revenue

1.58 Billion

Check Forestar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forestar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 1.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 8.11, Dividend Yield of 0.0277 or PTB Ratio of 1.53. Forestar financial statements analysis is a perfect complement when working with Forestar Valuation or Volatility modules.
  
Check out the analysis of Forestar Correlation against competitors.

Forestar Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB2.8 B1.5 B
Slightly volatile
Short and Long Term Debt Total391.1 M706.4 M444.5 M
Slightly volatile
Total Stockholder Equity1.7 B1.6 B878 M
Slightly volatile
Non Current Assets Total6.7 M7.1 M910.5 M
Pretty Stable
Other Assets2.5 B2.4 B906 M
Slightly volatile
Common Stock Shares Outstanding44.4 M50.8 M43.1 M
Slightly volatile
Liabilities And Stockholders EquityB2.8 B1.5 B
Slightly volatile
Non Current Liabilities Total1.2 B1.2 B566.8 M
Slightly volatile
Total Liabilities1.3 B1.2 B665.9 M
Slightly volatile
Other Current Liabilities182.1 M173.4 M58.6 M
Slightly volatile
Other Liabilities229.3 M218.4 M107.6 M
Slightly volatile
Accounts Payable90.2 M85.9 M33.9 M
Slightly volatile
Cash505.3 M481.2 M280.2 M
Slightly volatile
Long Term Debt381.5 M706.4 M414.8 M
Slightly volatile
Property Plant Equipment2.2 B2.1 B405.9 M
Slightly volatile
Total Current Liabilities478 M455.2 M149.9 M
Slightly volatile
Property Plant And Equipment Net6.7 M7.1 M87.7 M
Slightly volatile
Cash And Short Term Investments505.3 M481.2 M280 M
Slightly volatile
Net Receivables39.2 M37.3 M20.6 M
Very volatile
Property Plant And Equipment Gross19.5 M20.5 M124.6 M
Slightly volatile
Total Current Assets403.6 M481.2 M307.5 M
Slightly volatile
Common Stock Total Equity43.5 M55.3 M43.4 M
Slightly volatile
Short Term Investments427.5 K450 K11.1 M
Slightly volatile
Intangible Assets1.2 B1.2 B499.5 M
Slightly volatile
Common Stock46.1 M50.7 M43.6 M
Slightly volatile
Net Tangible Assets847.8 M1.6 B809.1 M
Slightly volatile
Long Term Debt Total459.4 M799.2 M437.6 M
Slightly volatile
Capital Surpluse621.2 M740.8 M569.8 M
Slightly volatile
Long Term Investments285 K300 K29.3 M
Slightly volatile
Non Current Liabilities Other5.4 M5.7 M59.9 M
Slightly volatile
Current Deferred Revenue188.1 M179.1 M48.9 M
Slightly volatile
Short and Long Term Debt247.9 K261 K123.5 M
Slightly volatile
Cash And Equivalents373.7 M708.4 M341.8 M
Slightly volatile
Net Invested Capital1.8 B2.3 B1.3 B
Slightly volatile
Capital Stock54.3 M50.7 M49 M
Slightly volatile
Capital Lease Obligations8.2 M10.2 M5.3 M
Slightly volatile

Forestar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue1.6 B1.5 B689.7 M
Slightly volatile
Other Operating Expenses1.3 B1.3 B613.2 M
Slightly volatile
Selling General Administrative124.4 M118.5 M52.5 M
Slightly volatile
Cost Of Revenue1.2 B1.2 B547.4 M
Slightly volatile
Interest Income20.8 M19.8 M11.7 M
Pretty Stable
Reconciled Depreciation3.3 M2.7 M4.7 M
Slightly volatile

Forestar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow646.8 M616 M255.1 M
Slightly volatile
Depreciation2.6 M2.7 M47.8 M
Slightly volatile
Capital Expenditures2.1 M2.2 M22.5 M
Slightly volatile
End Period Cash Flow505.3 M481.2 M280.2 M
Slightly volatile
Stock Based Compensation5.2 M5.3 M5.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.111.08092.7847
Pretty Stable
Dividend Yield0.02770.03120.034
Slightly volatile
PTB Ratio1.531.02341.0537
Pretty Stable
Days Sales Outstanding43.239.019825.5094
Slightly volatile
Book Value Per Share14.3731.648818.9021
Slightly volatile
Stock Based Compensation To Revenue0.05810.00350.0274
Slightly volatile
PB Ratio1.531.02341.0537
Pretty Stable
EV To Sales6.241.23013.045
Slightly volatile
Payables Turnover46.0913.388821.4231
Slightly volatile
Sales General And Administrative To Revenue0.470.450.3158
Slightly volatile
Capex To Revenue0.02040.02140.0845
Slightly volatile
Cash Per Share7.649.54765.8402
Slightly volatile
Payout Ratio0.91.011.0957
Slightly volatile
Days Payables Outstanding7.9227.261525.6851
Slightly volatile
Current Ratio16.51.21956.6089
Pretty Stable
Receivables Turnover8.4440.4665124
Pretty Stable
Graham Number19.6153.591326.2202
Slightly volatile
Shareholders Equity Per Share14.3431.62918.8399
Slightly volatile
Debt To Equity0.180.44310.5039
Pretty Stable
Capex Per Share0.05530.05820.6523
Slightly volatile
Revenue Per Share2.7129.948413.1031
Slightly volatile
Interest Debt Per Share2.7814.01599.9706
Pretty Stable
Debt To Assets0.140.24870.2847
Slightly volatile
Enterprise Value Over EBITDA44.067.710393.8391
Slightly volatile
Price Book Value Ratio1.531.02341.0537
Pretty Stable
Days Of Payables Outstanding7.9227.261525.6851
Slightly volatile
Dividend Payout Ratio0.91.011.0957
Slightly volatile
Ebt Per Ebit1.311.12170.957
Slightly volatile
Company Equity Multiplier1.261.78161.71
Very volatile
Long Term Debt To Capitalization0.150.30710.3241
Pretty Stable
Total Debt To Capitalization0.150.30710.3241
Pretty Stable
Debt Equity Ratio0.180.44310.5039
Pretty Stable
Quick Ratio16.51.21955.2542
Very volatile
Net Income Per E B T0.960.75310.7552
Slightly volatile
Cash Ratio9.491.05713.0818
Slightly volatile
Days Of Sales Outstanding43.239.019825.5094
Slightly volatile
Price To Book Ratio1.531.02341.0537
Pretty Stable
Fixed Asset Turnover57.08213160
Slightly volatile
Enterprise Value Multiple44.067.710393.8391
Slightly volatile
Debt Ratio0.140.24870.2847
Slightly volatile
Price Sales Ratio8.111.08092.7847
Pretty Stable
Asset Turnover0.150.53150.3454
Slightly volatile
Price Fair Value1.531.02341.0537
Pretty Stable

Forestar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap372.7 M1.6 B494.7 M
Slightly volatile

Forestar Fundamental Market Drivers

Cash And Short Term Investments481.2 M

Forestar Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
5th of November 2024
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Forestar Financial Statements

Forestar shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Forestar investors may analyze each financial statement separately, they are all interrelated. The changes in Forestar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forestar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue179.1 M188.1 M
Total Revenue1.5 B1.6 B
Cost Of Revenue1.2 B1.2 B
Stock Based Compensation To Revenue 0.00  0.06 
Sales General And Administrative To Revenue 0.45  0.47 
Capex To Revenue 0.02  0.02 
Revenue Per Share 29.95  2.71 
Ebit Per Revenue 0.16  0.35 

Pair Trading with Forestar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forestar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forestar will appreciate offsetting losses from the drop in the long position's value.

Moving against Forestar Stock

  0.34DOUG Douglas EllimanPairCorr
  0.33FRPH Frp Holdings OrdPairCorr
The ability to find closely correlated positions to Forestar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forestar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forestar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forestar Group to buy it.
The correlation of Forestar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forestar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forestar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forestar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Forestar Stock Analysis

When running Forestar's price analysis, check to measure Forestar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forestar is operating at the current time. Most of Forestar's value examination focuses on studying past and present price action to predict the probability of Forestar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forestar's price. Additionally, you may evaluate how the addition of Forestar to your portfolios can decrease your overall portfolio volatility.