stockrowForestar Group Inc
FOR Real Estate Real Estate Development
Forestar Group Inc’s revenue for fiscal 2026 (year ended September 2026) was $1.6 billion, down 1.64% from fiscal 2025.
- Revenue
- −13.4%
- EPS
- −32.0%
- Free cash flow
- +118.0%
- Total debt
- −1.06%
Quarter to September 2026, against a year earlier
Follow FOR
Alert me
Forestar Group Inc (FOR) Piotroski F-score
Forestar Group Inc's Piotroski F-score for fiscal 2026 cannot be worked out: operating cash flow not reported.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 1 | (3.00) |
| FY2024 | 4 | (1.00) |
| FY2023 | 5 | (1.00) |
| FY2022 | 6 | 1.00 |
| FY2021 | 5 | 2.00 |
| FY2020 | 3 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 4.42% | 5.62% | Pass | 1 |
| Positive operating cash flow | — | (197.70m) | n/a | — |
| Rising return on assets | 4.42% | 5.62% | Fail | 0 |
| Cash flow above net income | — | (365.60m) | n/a | — |
| Falling long-term leverage | 0.25 | 0.27 | Pass | 1 |
| Rising current ratio | 2.22 | 1.33 | Pass | 1 |
| No new shares issued | 51,100,000 | 50,900,000 | Fail | 0 |
| Rising gross margin | 19.72% | 21.87% | Fail | 0 |
| Rising asset turnover | 0.51 | 0.56 | Fail | 0 |
| Piotroski F-score | n/a — operating cash flow not reported | — | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| CCS Century Communities, Inc. compare | 6 |
| AXR AMREP Corporation compare | 6 |
| LPA Logistic Properties of the Americas compare | 5 |
| FPH Five Point Holdings, LLC compare | 5 |
| OZ Belpointe PREP, LLC compare | 4 |
| SKYH Sky Harbour Group Corporation compare | 4 |
| SDHC Smith Douglas Homes Corp. compare | 2 |
| AEI Alset Inc. compare | 2 |
| FOR Forestar Group Inc | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover