Forestar (FOR) Operating Leases (2020 - 2025)

Forestar (FOR) posted Operating Leases of $14.4 million for Q3 2025, up 35.85% on a QoQ basis from $10.6 million in Q2 2025, and up 41.18% year-over-year from $10.2 million in Q3 2024.

Forestar (FOR) Operating Leases (2020 - 2025) Analysis & Trends

Forestar's Operating Leases history runs 6 years deep, the most recent figure standing at $14.4 million for Q3 2025.

  • Quarterly Operating Leases rose 41.18% year-over-year to $14.4 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $14.4 million (up 41.18% YoY) and the FY2025 annual result came in at $14.4 million, up 41.18% from the prior year.
  • Operating Leases was $14.4 million for Q3 2025 at Forestar, up from $10.6 million in the prior quarter.
  • Across five years, Operating Leases topped out at $14.4 million in Q3 2025 and bottomed at $6.0 million in Q2 2021.
  • A 5-year average of $9.0 million and a median of $8.4 million in 2022 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2021 — Operating Leases jumped 92.11% — and 2023, when it changed 0.0%.
  • Forestar's Operating Leases stood at $7.7 million in 2021, then advanced by 5.19% to $8.1 million in 2022, then changed by 0.0% to $8.1 million in 2023, then grew by 17.28% to $9.5 million in 2024, then surged by 51.58% to $14.4 million in 2025.
  • Business Quant data shows FOR's Operating Leases at $14.4 million in Q3 2025, $10.6 million in Q2 2025, and $8.8 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.71 Bn 29.71 Bn -
2 Howard Hughes Holdings 3.89 Bn 3.89 Bn 182.88 Mn
3 Century Communities 2.08 Bn 1.98 Bn 190.18 Mn
4 Forestar 1.51 Bn 1.12 Bn 84.10 Mn
5 Five Point Holdings 413.20 Mn 63.83 Mn -23.72 Mn
6 Belpointe PREP 178.93 Mn 178.93 Mn -
7 Smith Douglas Homes 139.55 Mn 111.56 Mn 40.45 Mn
8 Amrep 122.61 Mn 69.92 Mn 4.41 Mn
9 Logistic Properties of the Americas 94.85 Mn 94.85 Mn -
10 Kaanapali Land 55.35 Mn 18.66 Mn 10.32 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 14.40 Mn
Jun 30, 2025 10.60 Mn
Mar 31, 2025 8.80 Mn
Dec 31, 2024 9.50 Mn
Sep 30, 2024 10.20 Mn
Sep 30, 2023 8.10 Mn
Sep 30, 2022 8.10 Mn
Jun 30, 2022 8.40 Mn
Mar 31, 2022 8.50 Mn
Dec 31, 2021 7.70 Mn
Sep 30, 2021 7.30 Mn
Jun 30, 2021 6.00 Mn
Sep 30, 2020 3.80 Mn
Jun 30, 2020 3.40 Mn
Mar 31, 2020 2.90 Mn