Forestar Group Inc. Overview
Pro stress-test →Forestar Group is a residential lot development company focused on acquiring land and developing infrastructure for single-family residential communities. The company sells finished residential lots to local, regional, and national homebuilders, with operations across 64 markets in 23 states, delivering over 13,800 lots in the fiscal year ended December 31, 2025.
Strategic Profile
Pro stress-test →As a majority-owned subsidiary of D.R. Horton Inc. (61.81% ownership), Forestar benefits from strategic integration with the largest homebuilder by volume in the United States, enabling vertical integration and market efficiency. The company focuses on entitled short-duration projects developed in phases to match market demand, positioning it as a critical infrastructure provider in the residential development supply chain.
Competitive Landscape
Pro stress-test →Forestar competes in the residential lot development market against other land developers and homebuilders. Primary competitors include Toll Brothers, Meritage Homes, and other regional lot developers. The competitive advantage lies in D.R. Horton integration, efficient asset turnover focus, and diversified multi-state operations that provide scale and customer diversity.
Industry Context
Forestar Group Inc. operates in Residential Real Estate Development.
Key facts
Founded: 1955 · Headquarters: Arlington, Texas · Revenue: $1.66B · Market cap: $1.31B