Forestar (FOR) EV to EBITDA (2011 - 2026)
Forestar's (FOR) EV to EBITDA stood at 5.63 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 39.6% from 4.03 a year earlier and up 35.7% from the prior quarter.
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Analysis
Forestar (FOR) EV to EBITDA (2011 - 2026) Analysis & Trends
On a TTM basis, Forestar's EV to EBITDA came in at 1.23 as of Jun 30, 2026, up 521.5% year-over-year; for FY2025 (ended Sep 30, 2025), it was 4.58, down 3.7% from FY2024.
- Across earlier fiscal years, EV to EBITDA came in at 4.76 in FY2024 (+36.5%), 3.48 in FY2023 (+177.1%), 1.26 in FY2022 (-73.3%) and 4.72 in FY2021 (-20.3%).
- The fiscal Q3 2026 figure is the highest quarterly EV to EBITDA since fiscal Q2 2024.
- On a year-over-year basis, EV to EBITDA rose in three of the last eight quarters, with growth averaging 0.5%.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 177.1% in fiscal Q4 2023, against a decline of 73.3% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.15 (Q2 2026), 4.91 (Q1 2026) and 4.58 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.63 |
| Mar 31, 2026 | 4.15 |
| Dec 31, 2025 | 4.91 |
| Sep 30, 2025 | 4.58 |
| Jun 30, 2025 | 4.03 |
| Mar 31, 2025 | 4.39 |
| Dec 31, 2024 | 5.42 |
| Sep 30, 2024 | 4.75 |
| Jun 30, 2024 | 5.40 |
| Mar 31, 2024 | 6.48 |
| Dec 31, 2023 | 5.19 |
| Sep 30, 2023 | 3.48 |
| Jun 30, 2023 | 3.91 |
| Mar 31, 2023 | 2.78 |
| Dec 31, 2022 | 2.68 |
| Sep 30, 2022 | 1.26 |
| Jun 30, 2022 | 2.40 |
| Mar 31, 2022 | 3.06 |
| Dec 31, 2021 | 4.92 |
| Sep 30, 2021 | 4.72 |
API Access
Forestar EV to EBITDA 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=ev-to-ebitda&ticker=FOR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=FOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();