Forestar (FOR) Debt Ratio (2009 - 2026)
Forestar's (FOR) Debt Ratio stood at 0.25 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 11.9% from 0.28 a year earlier and down 1.5% from the prior quarter.
Forestar (FOR) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Forestar's Debt Ratio came in at 0.26, up 2.9% from FY2024.
- Across earlier fiscal years, Debt Ratio came in at 0.25 in FY2024 (-11.6%), 0.28 in FY2023 (-6.6%), 0.30 in FY2022 (-10.1%) and 0.34 in FY2021 (-9.0%).
- The fiscal Q3 2026 figure is the lowest quarterly Debt Ratio since fiscal Q2 2019.
- On a year-over-year basis, Debt Ratio has declined for three consecutive quarters, with an average decline of 4.0% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 6.0% in fiscal Q3 2025, against a decline of 12.8% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.25 (Q2 2026), 0.25 (Q1 2026) and 0.26 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | - |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 0.46 |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | 0.35 |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | 0.30 |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 0.24 |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - | 0.22 |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn | 0.04 |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | 0.65 |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | 0.14 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.34 |
Forestar Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FOR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FOR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();