---
schema_version: "secwatch.filing_event.v1"
accession: "0001406587-22-000125"
form_type: "8-K"
ticker: "FOR"
cik: "0001406587"
company_name: "Forestar Group Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:01:32.059473+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forestar Q4 net income up 15% to $50.8M; FY22 EPS $3.59, revenues $1.5B

## Summary
- Q4 net income $50.8M ($1.02/diluted share), up 15% YoY; pre-tax profit margin expanded 340 bps to 17.4%.
- Full-year net income $178.8M ($3.59/diluted share), up 62%; revenues $1.5B, up 15% on 17,691 lots sold (+11%).
- Fiscal 2022 return on equity improved 450 bps to 16.2%; book value per share $24.08, up 18%.
- Liquidity $621.5M (unrestricted cash $264.8M + $356.7M revolver); net debt to total capital 26.9%.
- Demand for finished lots moderated since July; no annual guidance due to market uncertainty; strong balance sheet.

## SEC filing metadata
- accession: 0001406587-22-000125
- form_type: 8-K
- ticker: FOR
- cik: 0001406587
- company_name: Forestar Group Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1406587/000140658722000125/0001406587-22-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1406587/000140658722000125/for-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001406587-22-000125
- JSON: https://secwatch.observer/filing/0001406587-22-000125.json
- Plain text: https://secwatch.observer/filing/0001406587-22-000125.txt

## Key facts
- Earnings Releases
  Forestar Group Inc. reported financial results for fourth quarter and fiscal year ended September 30, 2022.
  - Period: fourth quarter and fiscal year ended September 30, 2022
  - Result: reported results
  source text: On November 9, 2022, Forestar Group Inc. issued a press release announcing its results and related information for its fourth quarter and fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1406587/000140658722000125/0001406587-22-000125-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.