For the quarter ending 2025-12-31, FOR had -$167.5M decrease in cash & cash equivalents over the period. -$157.1M in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Loss on extinguishment of debt | - | -0.1 | -1.1 |
| Gain on sale of assets | - | 4.5 | 0 |
| Net income | 15.4 | 86.9 | 81 |
| Depreciation and amortization | 0.9 | 0.9 | 2.6 |
| Deferred income taxes | -1.2 | -8.3 | -10.4 |
| Equity in earnings of unconsolidated ventures | 0 | 0 | 0.6 |
| Stock-based compensation expense | 3.1 | 1.5 | 5.8 |
| Impairments and land option charges | 0.8 | 3.3 | 3.9 |
| Increase in real estate | 206.2 | -176.2 | 561 |
| (increase) decrease in other assets | 1.2 | -8 | 15.4 |
| Increase (decrease) in accounts payable and other accrued liabilities | 12.5 | 9.2 | -23.6 |
| Decrease in accrued development costs | -0.2 | 2.7 | -15.5 |
| Increase in earnest money deposits on sales contracts | 16.7 | -36.3 | 57.3 |
| Net cash used in operating activities | -157 | 256.3 | -454 |
| Proceeds from sale of assets | - | 4.5 | 0 |
| Expenditures for property, equipment, software and other | 0.1 | 0.7 | 1.5 |
| Return of investment in unconsolidated ventures | 0 | 0 | 0.9 |
| Net cash (used in) provided by investing activities | -0.1 | 3.8 | -0.6 |
| Issuance of common stock | - | 0 | 0 |
| Additions to debt | - | 0 | 780 |
| Borrowings under revolving credit facility | 0 | - | - |
| Repayment of debt | 9.9 | 70.6 | 609.4 |
| Deferred financing fees | - | -0.1 | 6.3 |
| Cash paid for shares withheld for taxes | 0.5 | 0.1 | 1.7 |
| Stock issued under employee benefit plans | - | 0.5 | - |
| Net cash (used in) provided by financing activities | -10.4 | -70.1 | 162.6 |
| Decrease in cash and cash equivalents | -167.5 | 190 | -292 |
| Cash and cash equivalents at beginning of period | 379.2 | 481.2 | - |
| Cash and cash equivalents at end of period | 211.7 | 379.2 | - |
Forestar Group Inc. (FOR)
Forestar Group Inc. (FOR)