Forestar (FOR) Operating Income (2010 - 2026)
Forestar (FOR) posted Operating Income of $45.8 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 8.3% from $42.3 million a year earlier and up 8.3% from the prior quarter.
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Analysis
Forestar (FOR) Operating Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Forestar was $213.6 million, up 5.7% year-over-year; for FY2025 (ended Sep 30, 2025), it was $209.1 million, down 13.2% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of 23.6% (FY2020 to FY2025).
- In prior fiscal years, Forestar's Operating Income was $240.8 million in FY2024 (+16.7%), $206.4 million in FY2023 (-10.4%), $230.4 million in FY2022 (+43.3%) and $160.8 million in FY2021 (+122.1%).
- Quarterly Operating Income has run from a low of $18.5 million in fiscal Q1 2026 to a high of $107 million in fiscal Q4 2025 over five years.
- On a year-over-year basis, Operating Income increased in five of the last eight quarters, with an average decline of 6.7%.
- The strongest year-over-year quarter for Operating Income in the past five years was fiscal Q1 2024, with growth of 82.5%; the weakest was fiscal Q1 2025, with a decline of 57.7%.
- According to Business Quant data, Operating Income for the three prior fiscal quarters was $42.3 million (Q2 2026), $18.5 million (Q1 2026) and $107 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 191.82 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 44.16 Mn |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 167.63 Mn |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 54.77 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 71.50 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -144.00 Mn |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 45.80 Mn |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | -45.21 Mn |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 348,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.80 Mn |
| Mar 31, 2026 | 42.30 Mn |
| Dec 31, 2025 | 18.50 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Jun 30, 2025 | 42.30 Mn |
| Mar 31, 2025 | 40.80 Mn |
| Dec 31, 2024 | 19.00 Mn |
| Sep 30, 2024 | 99.90 Mn |
| Jun 30, 2024 | 42.20 Mn |
| Mar 31, 2024 | 53.90 Mn |
| Dec 31, 2023 | 44.90 Mn |
| Sep 30, 2023 | 89.30 Mn |
| Jun 30, 2023 | 58.60 Mn |
| Mar 31, 2023 | 33.90 Mn |
| Dec 31, 2022 | 24.60 Mn |
| Sep 30, 2022 | 65.50 Mn |
| Jun 30, 2022 | 49.80 Mn |
| Mar 31, 2022 | 63.20 Mn |
| Dec 31, 2021 | 51.90 Mn |
| Sep 30, 2021 | 56.20 Mn |
API Access
Forestar Operating Income 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=operating-income&ticker=FOR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=FOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();