Forestar (FOR) Net Margin (2010 - 2026)
Forestar's Net Margin came in at 8.82% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.40 percentage points from 8.43% a year earlier and up 0.24 percentage points from the prior quarter.
Forestar (FOR) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forestar reported Net Margin of 9.87%, down 0.66 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 10.10%, down 3.38 percentage points from FY2024.
- Net Margin carries a five-year change of +3.57 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was 13.48% in FY2024 (+1.86 pp), 11.62% in FY2023 (-0.15 pp), 11.77% in FY2022 (+3.46 pp) and 8.31% in FY2021 (+1.79 pp).
- The five-year range for quarterly Net Margin is 5.64% (fiscal Q1 2026) to 14.80% (fiscal Q4 2024).
- Year-over-year, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -1.91 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q3 2022 (a gain of 7.82 percentage points), and the weakest in fiscal Q1 2025 (a drop of 5.90 percentage points).
- Business Quant data shows FOR's Net Margin at 8.58% (Q2 2026), 5.64% (Q1 2026) and 12.96% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - | 62.56% |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn | 46.45% |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - | 63.95% |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 25.48% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - | 129.68% |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn | -18.35% |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn | 8.82% |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn | 78.13% |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - | 18.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.82% |
| Mar 31, 2026 | 8.58% |
| Dec 31, 2025 | 5.64% |
| Sep 30, 2025 | 12.96% |
| Jun 30, 2025 | 8.43% |
| Mar 31, 2025 | 9.00% |
| Dec 31, 2024 | 6.59% |
| Sep 30, 2024 | 14.80% |
| Jun 30, 2024 | 12.15% |
| Mar 31, 2024 | 13.48% |
| Dec 31, 2023 | 12.49% |
| Sep 30, 2023 | 13.17% |
| Jun 30, 2023 | 12.69% |
| Mar 31, 2023 | 8.92% |
| Dec 31, 2022 | 9.60% |
| Sep 30, 2022 | 13.32% |
| Jun 30, 2022 | 12.87% |
| Mar 31, 2022 | 11.34% |
| Dec 31, 2021 | 9.94% |
| Sep 30, 2021 | 10.51% |
Forestar Net Margin 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=net-margin&ticker=FOR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=FOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();