Forestar Group vs ST JOE
Forestar Group is the larger business, with $1.66bn of revenue in fiscal 2025 against $513m for ST JOE (3.2 times as much). ST JOE grew faster (27.4% against 10.1%). ST JOE kept more of each dollar of sales as profit: a net margin of 22.5% against 10.1%. Forestar Group carries less debt relative to equity (45.4% against 51.7%).
| Latest fiscal year | Forestar GroupFOR, 2025 | ST JOEJOE, 2025 |
|---|---|---|
| Revenue | $1.66bn | $513m |
| Revenue growth | 10.1% | 27.4% |
| Net income | $168m | $116m |
| Operating margin | — | 28.5% |
| Net margin | 10.1% | 22.5% |
| Return on equity | 10.0% | 15.5% |
| Free cash flow | −$200m | $187m |
| Cash | $379m | $130m |
| Total debt | $803m | $396m |
| Debt to equity | 45.4% | 51.7% |
| Dividend per share | — | $0.58 |
| Dividend yield | — | 0.9% |
| Share buybacks | — | $40.3m |
| Employees | 393 | 906 |
| Market value | $1.22bn | $3.86bn |
| Price vs our value range | — | Below our value range |
| Moat score | 30 (Weak) | 65 (Moderate) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 27 sales |