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Forestar Group (Forestar Group) Pretax Margin % : 17.65% (As of Mar. 2024)


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What is Forestar Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forestar Group's Pre-Tax Income for the three months ended in Mar. 2024 was $59 Mil. Forestar Group's Revenue for the three months ended in Mar. 2024 was $334 Mil. Therefore, Forestar Group's pretax margin for the quarter that ended in Mar. 2024 was 17.65%.

The historical rank and industry rank for Forestar Group's Pretax Margin % or its related term are showing as below:

FOR' s Pretax Margin % Range Over the Past 10 Years
Min: 4.07   Med: 14.1   Max: 46.8
Current: 17.19


FOR's Pretax Margin % is ranked better than
63.42% of 1788 companies
in the Real Estate industry
Industry Median: 9.03 vs FOR: 17.19

Forestar Group Pretax Margin % Historical Data

The historical data trend for Forestar Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forestar Group Pretax Margin % Chart

Forestar Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.67 8.38 11.06 15.52 15.42

Forestar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.91 16.92 17.35 16.74 17.65

Competitive Comparison of Forestar Group's Pretax Margin %

For the Real Estate - Development subindustry, Forestar Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forestar Group's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forestar Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Forestar Group's Pretax Margin % falls into.



Forestar Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Forestar Group's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=221.6/1436.9
=15.42 %

Forestar Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=58.9/333.8
=17.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forestar Group  (NYSE:FOR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Forestar Group Pretax Margin % Related Terms

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Forestar Group (Forestar Group) Business Description

Traded in Other Exchanges
Address
2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006
Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.
Executives
Daniel C Bartok officer: CEO 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Ringler G.f. (rick) Iii director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Elizabeth Parmer director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Mark Stephen Walker officer: Chief Operating Officer 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
James Douglas Allen officer: Chief Financial Officer 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006
Lisa H. Jamieson director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Samuel R Fuller director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Donald C Spitzer director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Bill W Wheat officer: Principal Financial Officer 1361 HORTON CIRCLE, ARLINGTON TX 76011
Aron M. Odom officer: Principal Accounting Officer 1341 HORTON CIRCLE, ARLINGTON TX 76011
Charles D Jehl officer: Chief Financial Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
M Ashton Hudson director 9995 GATE PARKWAY, SUITE 330, JACKSONVILLE FL 32246
Donald J Tomnitz director, officer: Chairman 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Richard D. Squires director 3889 MAPLE AVENUE, SUITE 1525, DALLAS TX 75219
Michael J. Quinley officer: President 6300 BEE CAVE ROAD, BLDG 2, SUITE 500, AUSTIN TX 78746