v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Sep. 30, 2024
ASSETS    
Cash and Cash Equivalent $ 189.2 $ 481.2
Real estate 2,823.5 2,266.2
Investment in unconsolidated ventures 0.0 0.3
Property and equipment, net 7.6 7.1
Other assets 100.1 85.3
Total assets 3,120.4 2,840.1
LIABILITIES    
Accounts payable 67.2 85.9
Accrued development costs 129.1 144.6
Earnest money on sales contracts 229.6 172.3
Deferred tax liability, net 77.9 67.5
Accrued expenses and other liabilities 63.5 68.3
Debt 872.8 706.4
Total liabilities 1,440.1 1,245.0
Commitments and contingencies (Note 11)
Forestar Group Inc. shareholders’ equity:    
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 50,823,800 and 50,653,637 shares issued and outstanding at June 30, 2025 and September 30, 2024, respectively 50.8 50.7
Additional paid-in capital 669.3 665.2
Retained earnings 959.2 878.2
Stockholders' equity 1,679.3 1,594.1
Noncontrolling interests 1.0 1.0
Total equity 1,680.3 1,595.1
Total liabilities and equity $ 3,120.4 $ 2,840.1