Forestar (FOR) Return on Invested Capital [ROIC] (2009 - 2026)
Forestar's Return on Invested Capital [ROIC] came in at 6.11% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.07 percentage points from 6.03% a year earlier but down 0.01 percentage points from the prior quarter.
Forestar (FOR) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Forestar's Return on Invested Capital [ROIC] was 6.57%, down 1.74 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +2.46 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 8.31% in FY2024 (+0.48 pp), 7.83% in FY2023 (-1.81 pp), 9.64% in FY2022 (+2.14 pp) and 7.50% in FY2021 (+3.39 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 6.03% (fiscal Q3 2025) to 9.30% (fiscal Q4 2022).
- Year-over-year, Return on Invested Capital [ROIC] increased in two of the last eight quarters, with an average year-over-year change of -0.97 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q1 2022 (a gain of 3.80 percentage points), and the weakest in fiscal Q2 2025 (a drop of 2.50 percentage points).
- Business Quant data shows FOR's Return on Invested Capital [ROIC] at 6.12% (Q2 2026), 6.19% (Q1 2026) and 6.25% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 18.94 Bn | 17.93 Bn | 106.12 Mn | 33.44% |
| 2 | LandBridge | 5.09 Bn | 5.45 Bn | 69.80 Mn | 9.26% |
| 3 | Howard Hughes Holdings | 5.05 Bn | -3.72 Bn | 435.75 Mn | 3.74% |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn | 11.38% |
| 5 | Millrose Properties | 4.03 Bn | 3.85 Bn | - | 7.53% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.35 Bn | 2.16 Bn | - | 5.18% |
| 7 | EagleRock Land | 2.64 Bn | 4.02 Bn | - | - |
| 8 | Opendoor Technologies | 1.22 Bn | -2.55 Bn | 38.00 Mn | -21.75% |
| 9 | Forestar | 1.18 Bn | 1.18 Bn | - | - |
| 10 | Five Point Holdings | 649.79 Mn | 667.51 Mn | 7.10 Mn | -4.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.11% |
| Mar 31, 2026 | 6.12% |
| Dec 31, 2025 | 6.19% |
| Sep 30, 2025 | 6.25% |
| Jun 30, 2025 | 6.03% |
| Mar 31, 2025 | 6.18% |
| Dec 31, 2024 | 6.87% |
| Sep 30, 2024 | 8.03% |
| Jun 30, 2024 | 7.92% |
| Mar 31, 2024 | 8.68% |
| Dec 31, 2023 | 8.16% |
| Sep 30, 2023 | 7.64% |
| Jun 30, 2023 | 6.96% |
| Mar 31, 2023 | 6.76% |
| Dec 31, 2022 | 8.02% |
| Sep 30, 2022 | 9.30% |
| Jun 30, 2022 | 9.10% |
| Mar 31, 2022 | 8.87% |
| Dec 31, 2021 | 7.96% |
| Sep 30, 2021 | 7.14% |
Forestar Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=FOR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=FOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();