Forestar Group Debt-to-Equity Ratio Growth & History (FOR)
Forestar Group's debt-to-equity ratio was 0.46 for fiscal 2025.
View full Forestar Group company overviewForestar Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.46 | 0.01 | +2.81% |
| 2024 | 2024-09-30 | 0.45 | −0.06 | −12.48% |
| 2023 | 2023-09-30 | 0.51 | −0.08 | −13.81% |
| 2022 | 2022-09-30 | 0.60 | −0.11 | −15.03% |
| 2021 | 2021-09-30 | 0.70 | −0.04 | −5.29% |
| 2020 | 2020-09-30 | 0.74 | 0.17 | +29.98% |
| 2019 | 2019-09-30 | 0.57 | 0.40 | +243.41% |
| 2018 | 2018-09-30 | 0.17 | — | — |
| 2017 | 2017-12-31 | 0.18 | −0.02 | −8.83% |
| 2016 | 2016-12-31 | 0.20 | −0.56 | −74.12% |
| 2015 | 2015-12-31 | 0.76 | 0.15 | +24.30% |
| 2014 | 2014-12-31 | 0.61 | 0.11 | +21.53% |
| 2013 | 2013-12-31 | 0.50 | −0.05 | −9.34% |
| 2012 | 2012-12-31 | 0.56 | 0.12 | +27.70% |
| 2011 | 2011-12-31 | 0.43 | 0.00 | +0.01% |
| 2010 | 2010-12-31 | 0.43 | — | — |
Forestar Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.44 | −0.09 | −17.04% |
| Q2 2026 | 2026-03-31 | 0.45 | −0.09 | −16.84% |
| Q1 2026 | 2025-12-31 | 0.45 | −0.05 | −10.40% |
| Q4 2025 | 2025-09-30 | 0.46 | 0.01 | +2.81% |
| Q3 2025 | 2025-06-30 | 0.53 | 0.05 | +11.22% |
| Q2 2025 | 2025-03-31 | 0.54 | 0.05 | +10.37% |
| Q1 2025 | 2024-12-31 | 0.51 | −0.00 | −0.18% |
| Q4 2024 | 2024-09-30 | 0.45 | −0.06 | −12.48% |
| Q3 2024 | 2024-06-30 | 0.47 | −0.08 | −14.27% |
| Q2 2024 | 2024-03-31 | 0.49 | −0.09 | −15.27% |
| Q1 2024 | 2023-12-31 | 0.51 | −0.08 | −13.44% |
| Q4 2023 | 2023-09-30 | 0.51 | −0.08 | −13.81% |
| Q3 2023 | 2023-06-30 | 0.55 | −0.07 | −11.38% |
| Q2 2023 | 2023-03-31 | 0.57 | −0.07 | −11.20% |
| Q1 2023 | 2022-12-31 | 0.59 | −0.09 | −13.09% |
| Q4 2022 | 2022-09-30 | 0.60 | −0.11 | −15.03% |
| Q3 2022 | 2022-06-30 | 0.62 | −0.11 | −15.00% |
| Q2 2022 | 2022-03-31 | 0.65 | −0.05 | −7.74% |
| Q1 2022 | 2021-12-31 | 0.67 | −0.06 | −8.72% |
| Q4 2021 | 2021-09-30 | 0.70 | −0.04 | −5.29% |
| Q3 2021 | 2021-06-30 | 0.73 | −0.03 | −3.75% |
| Q2 2021 | 2021-03-31 | 0.70 | −0.07 | −9.10% |
| Q1 2021 | 2020-12-31 | 0.74 | 0.18 | +31.90% |
| Q4 2020 | 2020-09-30 | 0.74 | 0.17 | +29.98% |
| Q3 2020 | 2020-06-30 | 0.76 | 0.10 | +15.20% |
| Q2 2020 | 2020-03-31 | 0.77 | 0.55 | +254.15% |
| Q1 2020 | 2019-12-31 | 0.56 | 0.39 | +235.52% |
| Q4 2019 | 2019-09-30 | 0.57 | 0.40 | +243.41% |
| Q3 2019 | 2019-06-30 | 0.66 | 0.48 | +269.62% |
| Q2 2019 | 2019-03-31 | 0.22 | 0.04 | +20.41% |
| Q1 2019 | 2018-12-31 | 0.17 | −0.01 | −7.03% |
| Q4 2018 | 2018-09-30 | 0.17 | −0.02 | −9.50% |
| Q2 2018 | 2018-06-30 | 0.18 | −0.02 | −7.89% |
| Q1 2018 | 2018-03-31 | 0.18 | −0.01 | −5.47% |
| Q4 2017 | 2017-12-31 | 0.18 | −0.02 | −8.83% |
| Q3 2017 | 2017-09-30 | 0.18 | −0.03 | −15.85% |
| Q2 2017 | 2017-06-30 | 0.19 | −0.03 | −14.21% |
| Q1 2017 | 2017-03-31 | 0.19 | −0.56 | −74.51% |
| Q4 2016 | 2016-12-31 | 0.20 | −0.56 | −74.12% |
| Q3 2016 | 2016-09-30 | 0.22 | −0.64 | −74.65% |
| Q2 2016 | 2016-06-30 | 0.23 | −0.42 | −65.24% |
| Q1 2016 | 2016-03-31 | 0.75 | 0.13 | +20.82% |
| Q4 2015 | 2015-12-31 | 0.76 | 0.15 | +24.30% |
| Q3 2015 | 2015-09-30 | 0.86 | 0.28 | +48.67% |
| Q2 2015 | 2015-06-30 | 0.65 | 0.11 | +19.45% |
| Q1 2015 | 2015-03-31 | 0.62 | 0.14 | +28.83% |
| Q4 2014 | 2014-12-31 | 0.61 | 0.11 | +21.53% |
| Q3 2014 | 2014-09-30 | 0.58 | −0.01 | −0.87% |
| Q2 2014 | 2014-06-30 | 0.54 | −0.05 | −7.86% |
| Q1 2014 | 2014-03-31 | 0.48 | −0.11 | −18.51% |
| Q4 2013 | 2013-12-31 | 0.50 | −0.05 | −9.34% |
| Q3 2013 | 2013-09-30 | 0.58 | 0.05 | +9.38% |
| Q2 2013 | 2013-06-30 | 0.59 | 0.20 | +51.49% |
| Q1 2013 | 2013-03-31 | 0.59 | 0.15 | +33.36% |
| Q4 2012 | 2012-12-31 | 0.56 | 0.12 | +27.70% |
| Q3 2012 | 2012-09-30 | 0.53 | 0.12 | +29.12% |
| Q2 2012 | 2012-06-30 | 0.39 | −0.13 | −24.26% |
| Q1 2012 | 2012-03-31 | 0.44 | — | — |
| Q4 2011 | 2011-12-31 | 0.43 | 0.00 | +0.01% |
| Q3 2011 | 2011-09-30 | 0.41 | — | — |
| Q2 2011 | 2011-06-30 | 0.52 | — | — |
| Q4 2010 | 2010-12-31 | 0.43 | — | — |
Forestar Group debt-to-equity ratio trends
Over the last five fiscal years, Forestar Group's debt-to-equity ratio decreased from 0.74 to 0.46, a change of −0.28. The latest reported quarter, Q3 2026, shows 0.44.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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