Forestar (FOR) Operating Margin (2010 - 2026)
Forestar's (FOR) quarterly Operating Margin came in at 11.25% in Q2 2026, up 42.0% on a YoY basis from 7.92% in Q2 2025, and little changed quarter-over-quarter from 11.3% in Q1 2026.
Analysis
Forestar (FOR) Operating Margin (2010 - 2026) Analysis & Trends
Forestar (FOR) has reported Operating Margin for 17 consecutive years, with 11.25% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 42.0% year-over-year to 11.25%; the trailing twelve-month figure through Jun 2026 stood at 12.38% (down 70.0% YoY), and the FY2025 full-year result was 12.58%, down 338.0% from the prior year.
- Operating Margin held at 11.25% in Q2 2026 per FOR's latest filing, from 11.3% in the prior quarter.
- Across five years, Operating Margin topped out at 18.12% in Q3 2024 and bottomed at 6.78% in Q4 2025.
- Historically, Operating Margin has averaged 13.36% across 5 years, with a median of 13.97% in 2023.
- The widest YoY moves for Operating Margin: up 490 bps in 2024, down 709 bps in 2024.
- Over 5 years, Operating Margin stood at 11.35% in 2022, then increased by 29 bps to 14.68% in 2023, then plunged by 48 bps to 7.59% in 2024, then dropped by 11 bps to 6.78% in 2025, then surged by 66 bps to 11.25% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 11.25%, 11.3%, and 6.78% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 4.96 Bn | 4.96 Bn | - | 85.16% |
| 2 | St Joe | 3.66 Bn | 3.54 Bn | 73.42 Mn | 34.49% |
| 3 | Forestar | 1.35 Bn | 955.82 Mn | 84.10 Mn | 11.25% |
| 4 | Five Point Holdings | 746.36 Mn | 396.99 Mn | -23.72 Mn | -325.18% |
| 5 | Tejon Ranch | 438.82 Mn | 423.76 Mn | - | 2.44% |
| 6 | Maui Land & Pineapple | 313.62 Mn | 313.62 Mn | 2.37 Mn | -48.57% |
| 7 | Stratus Properties | 149.37 Mn | 149.37 Mn | -1.91 Mn | 406.28% |
| 8 | Global Asset Management | 105.68 Mn | 105.62 Mn | 3,274.00 | -12,112.10% |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | -229.68% |
| 10 | Alset | 44.42 Mn | 24.68 Mn | 83,877.00 | -181.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.25% |
| 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% |