Forestar (FOR) EBITDA Margin (2010 - 2026)
Forestar (FOR) reported EBITDA Margin of 11.3% for Q1 2026, down 32.0% on a YoY basis from 16.62% in Q1 2025, and up 66.77% quarter-over-quarter from 6.78% in Q4 2025.
Forestar (FOR) EBITDA Margin (2010 - 2026) Analysis & Trends
Forestar has reported EBITDA Margin for 17 years, with the latest figure at 11.3% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 32.0% year-over-year to 11.3%; the trailing twelve-month figure through Mar 2026 stood at 12.3% (down 142.0% YoY), and the FY2025 full-year result was 12.58%, down 338.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 11.3%, up from 6.78% in the prior quarter.
- The five-year high for EBITDA Margin was 18.12% in Q3 2024, with the low at 6.78% in Q4 2025.
- Historically, EBITDA Margin has averaged 13.49% across 5 years, with a median of 14.68% in 2023.
- The largest YoY upside for EBITDA Margin was 490 bps in 2024 against a maximum downside of 709 bps in 2024.
- Forestar's EBITDA Margin stood at 11.35% in 2022, then climbed by 29 bps to 14.68% in 2023, then slumped by 48 bps to 7.59% in 2024, then decreased by 11 bps to 6.78% in 2025, then jumped by 67 bps to 11.3% in 2026.
- The last three EBITDA Margin figures came in at 11.3% (Q1 2026), 6.78% (Q4 2025), and 15.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 19.65 Bn | 19.45 Bn | - | 140.29% |
| 2 | Howard Hughes Holdings | 3.99 Bn | 2.22 Bn | 182.88 Mn | 40.08% |
| 3 | Century Communities | 1.70 Bn | 1.62 Bn | 637.90 Mn | 77.97% |
| 4 | Forestar | 1.48 Bn | 1.12 Bn | 80.20 Mn | 11.30% |
| 5 | Five Point Holdings | 361.15 Mn | 1.49 Bn | 13.58 Mn | -71.00% |
| 6 | Sky Harbour | 317.31 Mn | 324.50 Mn | 7.09 Mn | -55.73% |
| 7 | Belpointe PREP | 180.46 Mn | 161.50 Mn | - | - |
| 8 | Amrep | 138.84 Mn | 88.35 Mn | 14.23 Mn | 20.63% |
| 9 | Smith Douglas Homes | 121.76 Mn | 447.61 Mn | 40.45 Mn | 2.20% |
| 10 | JFB Construction Holdings | 88.07 Mn | 62.81 Mn | 681,192.00 | -12.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.30% |
| Dec 31, 2025 | 6.78% |
| Sep 30, 2025 | 15.96% |
| Jun 30, 2025 | 10.83% |
| Mar 31, 2025 | 11.62% |
| Dec 31, 2024 | 7.59% |
| Sep 30, 2024 | 18.12% |
| Jun 30, 2024 | 13.25% |
| Mar 31, 2024 | 16.15% |
| Dec 31, 2023 | 14.68% |
| Sep 30, 2023 | 16.24% |
| Jun 30, 2023 | 15.89% |
| Mar 31, 2023 | 11.24% |
| Dec 31, 2022 | 11.35% |
| Sep 30, 2022 | 17.17% |
| Jun 30, 2022 | 16.14% |
| Mar 31, 2022 | 14.99% |
| Dec 31, 2021 | 12.73% |
| Sep 30, 2021 | 13.42% |
| Jun 30, 2021 | 12.43% |