Forestar Group's EBIT per Share for the
three
months ended in Mar. 2024 was $1.07.
Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $4.89.
During the past 12 months, the average EBIT per Share Growth Rate of Forestar Group was 40.50% per year.
During the past 3 years, the average EBIT per Share Growth Rate was 39.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Forestar Group's EBIT per Share or its related term are showing as below:
FOR'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -78.8 Med: 19.5 Max: 170.3
Current: 39.9
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Forestar Group was 170.30% per year. The lowest was -78.80% per year. And the median was 19.50% per year.
FOR's 3-Year EBIT Growth Rate is ranked better than 86.57% of 1385
companies
in the Real Estate industry
Industry Median: 5
vs FOR: 39.90
Forestar Group's EBIT for the
three
months ended in Mar. 2024 was $54 Mil.
Forestar Group EBIT per Share Historical Data
The historical data trend for Forestar Group's EBIT per Share 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.
EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.89
* 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) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Forestar Group EBIT per Share Related Terms
Thank you for viewing the detailed overview of Forestar Group's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Forestar Group (Forestar Group) Business Description
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.
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