Forestar FOR
NYSE FOR
$22.30 +0.07 (+0.31%)
At close: Nov 13, 2026 · 4:00 PM EST

Forestar (FOR) Debt Ratio (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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