Forestar Group (FRA:4F31) Tax Rate % : 23.60% (As of Mar. 2024)

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What is Forestar Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Forestar Group's Tax Expense for the three months ended in Mar. 2024 was €13 Mil. Forestar Group's Pre-Tax Income for the three months ended in Mar. 2024 was €54 Mil. Therefore, Forestar Group's Tax Rate % for the quarter that ended in Mar. 2024 was 23.60%.

Forestar Group Tax Rate % Historical Data

The historical data trend for Forestar Group's Tax Rate % 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.

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Forestar Group Tax Rate % Chart

Forestar Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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20.57

21.00

24.62

24.17

24.68

Forestar Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.07	25.00	24.11	25.39	23.60

Forestar Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Forestar Group's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	51.254	/	207.639
	=	24.68 %

Forestar Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	12.788	/	54.188
	=	23.60 %

Forestar Group Tax Rate % Related Terms

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Forestar Group (FRA:4F31) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forestar Group Inc (FRA:4F31) » Definitions » Tax Rate %

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FOR:USA

Address

2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006

Website

https://www.forestar.com

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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