Name | Value |
---|---|
Revenues | 549.7M |
Cost of Revenue | 434.1M |
Gross Profit | 115.6M |
Operating Expense | 26.4M |
Operating I/L | 89.2M |
Other Income/Expense | 6.2M |
Interest Income | 6.2M |
Pretax | 95.4M |
Income Tax Expense | 23.0M |
Net Income/Loss | 72.4M |
Forestar Group Inc. is a residential lot development company in the United States. The company acquires land and develops infrastructure for single-family residential communities, selling finished lots to homebuilders. By focusing on the development of residential lots, Forestar Group Inc. generates revenue through the sale of these lots to homebuilders, contributing to the expansion of single-family residential communities across the country.