Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Forestar GroupFOR +0.33%83 Pretax Margin % is 11.97% as of Jun. 2026, which is 16% below its 10-year median of 14.31. GuruFocus rates FOR with a GF Score™ of 83/100 and a GF Value™ of $30.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,752 Real Estate companies, Forestar Group ranks better than 52% on this metric.
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
Forestar Group Pretax Margin % Historical Data
* Premium members only.
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.
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 Pretax Margin % vs 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.
* 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 (FOR) has a Pretax Margin % of 11.97% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forestar Group and its competitors. This is 16% below median its historical median of 14.31. Over the past decade, Forestar Group's Pretax Margin % has ranged from 4.07 to 46.80. According to the industry distribution chart, Forestar Group ranks #841 out of 1752 companies in the Real Estate industry, placing it in the top 48%.
Is Forestar Group's Pretax Margin % too high?
Forestar Group's current Pretax Margin % of 11.97% is 16% below median its 10-year median of 14.31. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 46.80. The Real Estate industry median Pretax Margin % is 12.22. Forestar Group's value of 11.97% is 2% below this industry median. Based on the distribution chart, Forestar Group ranks #841 out of 1752 companies in the Real Estate industry, which is above the industry midpoint. Overall, Forestar Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forestar Group's Pretax Margin % compare to CCS and FPH?
According to the Real Estate industry distribution chart, Forestar Group ranks #841 out of 1752 companies for Pretax Margin %. This puts Forestar Group in the upper half of its industry. The industry median Pretax Margin % is 12.22. Forestar Group's value of 11.97% is 2% below this benchmark. Historically, Forestar Group's own Pretax Margin % has ranged from 4.07 to 46.80 over the past decade. While the company's 10-year median is 14.31 vs. the industry median of 12.22, Forestar Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.22, based on 1,752 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forestar Group's current Pretax Margin % of 11.97% is 2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forestar Group and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forestar Group's current Pretax Margin % is 11.97%, which is 16% below median its own 10-year median of 14.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forestar Group stock overvalued right now?
Based on GuruFocus' analysis, Forestar Group (FOR) is currently considered Fairly Valued. The stock's GF Value™ is $30.11, compared to a current price of $29.29 — trading 2.7% below its estimated fair value. The current Pretax Margin % is 11.97%, which is 16% below median its 10-year median of 14.31 and 2% below the Real Estate industry median of 12.22. Forestar Group's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Forestar Group (FOR), the current Pretax Margin % is 11.97% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forestar Group (FOR) Overvalued in 2026?
Based on GuruFocus' analysis, Forestar Group stock appears to be undervalued.
The current stock price of $29.29 is trading 2.7% below its estimated GF Value™ of $30.11.
GuruFocus considers Forestar Group to be Fairly Valued.
Key valuation signals for FOR:
Pretax Margin %: 11.97% (16% below median its 10-year median of 14.31)
GF Value™: $30.11 vs. price of $29.29 (2.7% below fair value)
Industry Position: 2% below the Real Estate median (#841 of 1752)
No single metric tells the full story. See the FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forestar Group Inc is a residential lot development company engaged in land acquisition and development for the sale of finished single-family residential lots to local, regional, and national homebuilders. The company operates through a single real estate segment, which acquires land, installs infrastructure for residential communities, and generates all revenue from lot sales. Its communities mainly support entry-level, first-time move-up, and active-adult homes, with certain communities also marketed to build-to-rent operators. The company generally invests in entitled, short-duration projects that can be developed in phases to align lot production with market demand and support efficient capital deployment.
83GF Score
Get the complete analysis for FOR
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FOR has been successfully added to your 
