Forestar Group Inc. operates as a residential lot development company, acquiring raw land and developing infrastructure for single-family residential communities across the United States. The company's primary business involves preparing finished residential lots and selling them to local, regional, and national homebuilders. By focusing on land development rather than home construction, Forestar serves as an intermediate supplier in the residential real estate value chain.
The company generates revenue primarily through the sale of developed residential lots to homebuilders. Its operations span multiple geographic markets across the country, positioning it to serve homebuilders of varying scales and regional footprints. Forestar operates as a subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States, which provides capital and strategic alignment with downstream construction activity.
The company employs approximately 415 full-time employees and maintains headquarters in Arlington, Texas. As a publicly traded entity on the NYSE, Forestar was incorporated in Delaware in 2005 and operates with a market capitalization of $1.5 billion, reflecting its position as a mid-cap real estate development firm focused on the land preparation segment of residential construction.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $3.29 | $3.30 | -17.8% | |
| 2024 | $4.00 | $4.03 | +20.1% | |
| 2023 | $3.33 | $3.34 | -7.2% | |
| 2022 | $3.59 | $3.59 | +303.4% | |
| 2021 | $0.89 | $0.89 | +78.0% | |
| 2020 | $0.50 | $0.50 | +66.7% | |
| 2019 | $0.30 | $0.30 | +175.0% | |
| 2017 | $-0.40 | $-0.42 | -138.8% | |
| 2016 | $1.03 | $1.04 | +672.2% | |
| 2015 | $-0.18 | $-0.18 | +47.1% | |
| 2014 | $-0.34 | $-0.34 | -203.0% | |
| 2013 | $0.33 | $0.34 | +17.9% | |
| 2012 | $0.28 | $0.28 | +40.0% | |
| 2011 | $0.20 | $0.20 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-09-30 | 2025-11-19 | 0001628280-25-053125 | SEC ↗ |
| 2024-09-30 | 2024-11-19 | 0001406587-24-000118 | SEC ↗ |
| 2023-09-30 | 2023-11-17 | 0001406587-23-000118 | SEC ↗ |
| 2022-09-30 | 2022-11-17 | 0001406587-22-000128 | SEC ↗ |
| 2021-09-30 | 2021-11-18 | 0001406587-21-000093 | SEC ↗ |
| 2020-09-30 | 2020-11-19 | 0001406587-20-000087 | SEC ↗ |
| 2019-09-30 | 2019-11-21 | 0001406587-19-000036 | SEC ↗ |
| 2017-12-31 | 2018-02-28 | 0001406587-18-000002 | SEC ↗ |
| 2016-12-31 | 2017-03-03 | 0001406587-17-000005 | SEC ↗ |
| 2015-12-31 | 2016-03-04 | 0001406587-16-000077 | SEC ↗ |
| 2014-12-31 | 2015-03-06 | 0001406587-15-000018 | SEC ↗ |
| 2013-12-31 | 2014-03-11 | 0001406587-14-000014 | SEC ↗ |
| 2012-12-31 | 2013-03-14 | 0001193125-13-107366 | SEC ↗ |