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Side-by-side financial comparison of Forafric Global PLC (AFRI) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.

Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $159.7M, roughly 1.7× Forafric Global PLC). Forestar Group Inc. runs the higher net margin — 5.6% vs -7.5%, a 13.2% gap on every dollar of revenue. Forafric Global PLC produced more free cash flow last quarter ($146.0K vs $-157.1M).

Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.

Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...

AFRI vs FOR — Head-to-Head

Bigger by revenue
FOR
FOR
1.7× larger
FOR
$273.0M
$159.7M
AFRI
Higher net margin
FOR
FOR
13.2% more per $
FOR
5.6%
-7.5%
AFRI
More free cash flow
AFRI
AFRI
$157.2M more FCF
AFRI
$146.0K
$-157.1M
FOR

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
AFRI
AFRI
FOR
FOR
Revenue
$159.7M
$273.0M
Net Profit
$-12.0M
$15.4M
Gross Margin
10.7%
20.1%
Operating Margin
-2.5%
7.6%
Net Margin
-7.5%
5.6%
Revenue YoY
9.0%
Net Profit YoY
-6.7%
EPS (diluted)
$0.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFRI
AFRI
FOR
FOR
Q4 25
$273.0M
Q3 25
$670.5M
Q2 25
$159.7M
$390.5M
Q1 25
$351.0M
Q4 24
$250.4M
Q3 24
$551.3M
Q2 24
$145.6M
$318.4M
Q1 24
$333.8M
Net Profit
AFRI
AFRI
FOR
FOR
Q4 25
$15.4M
Q3 25
$86.9M
Q2 25
$-12.0M
$32.9M
Q1 25
$31.6M
Q4 24
$16.5M
Q3 24
$81.5M
Q2 24
$-8.6M
$38.7M
Q1 24
$45.0M
Gross Margin
AFRI
AFRI
FOR
FOR
Q4 25
20.1%
Q3 25
22.3%
Q2 25
10.7%
20.4%
Q1 25
22.6%
Q4 24
22.0%
Q3 24
23.9%
Q2 24
9.4%
22.5%
Q1 24
24.9%
Operating Margin
AFRI
AFRI
FOR
FOR
Q4 25
7.6%
Q3 25
16.9%
Q2 25
-2.5%
11.2%
Q1 25
11.6%
Q4 24
8.7%
Q3 24
19.7%
Q2 24
-0.9%
16.2%
Q1 24
17.6%
Net Margin
AFRI
AFRI
FOR
FOR
Q4 25
5.6%
Q3 25
13.0%
Q2 25
-7.5%
8.4%
Q1 25
9.0%
Q4 24
6.6%
Q3 24
14.8%
Q2 24
-5.9%
12.2%
Q1 24
13.5%
EPS (diluted)
AFRI
AFRI
FOR
FOR
Q4 25
$0.30
Q3 25
$1.70
Q2 25
$0.65
Q1 25
$0.62
Q4 24
$0.32
Q3 24
$1.59
Q2 24
$0.76
Q1 24
$0.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFRI
AFRI
FOR
FOR
Cash + ST InvestmentsLiquidity on hand
$12.2M
$211.7M
Total DebtLower is stronger
$793.2M
Stockholders' EquityBook value
$5.3M
$1.8B
Total Assets
$246.1M
$3.2B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
FOR
FOR
Q4 25
$211.7M
Q3 25
$379.2M
Q2 25
$12.2M
$189.2M
Q1 25
$174.3M
Q4 24
$132.0M
Q3 24
$481.2M
Q2 24
$16.4M
$359.2M
Q1 24
$416.2M
Total Debt
AFRI
AFRI
FOR
FOR
Q4 25
$793.2M
Q3 25
$802.7M
Q2 25
$872.8M
Q1 25
$872.5M
Q4 24
$806.8M
Q3 24
$706.4M
Q2 24
$18.4M
$706.1M
Q1 24
$705.7M
Stockholders' Equity
AFRI
AFRI
FOR
FOR
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$5.3M
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$16.3M
$1.5B
Q1 24
$1.5B
Total Assets
AFRI
AFRI
FOR
FOR
Q4 25
$3.2B
Q3 25
$3.1B
Q2 25
$246.1M
$3.1B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.8B
Q2 24
$287.1M
$2.7B
Q1 24
$2.6B
Debt / Equity
AFRI
AFRI
FOR
FOR
Q4 25
0.44×
Q3 25
0.45×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.50×
Q3 24
0.44×
Q2 24
1.13×
0.47×
Q1 24
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFRI
AFRI
FOR
FOR
Operating Cash FlowLast quarter
$706.0K
$-157.0M
Free Cash FlowOCF − Capex
$146.0K
$-157.1M
FCF MarginFCF / Revenue
0.1%
-57.5%
Capex IntensityCapex / Revenue
0.4%
0.0%
Cash ConversionOCF / Net Profit
-10.19×
TTM Free Cash FlowTrailing 4 quarters
$93.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
FOR
FOR
Q4 25
$-157.0M
Q3 25
$256.3M
Q2 25
$706.0K
$15.8M
Q1 25
$-19.8M
Q4 24
$-450.0M
Q3 24
$119.2M
Q2 24
$10.5M
$-61.7M
Q1 24
$-59.2M
Free Cash Flow
AFRI
AFRI
FOR
FOR
Q4 25
$-157.1M
Q3 25
$255.6M
Q2 25
$146.0K
$15.0M
Q1 25
$-20.5M
Q4 24
Q3 24
$118.4M
Q2 24
$6.4M
$-62.3M
Q1 24
$-59.8M
FCF Margin
AFRI
AFRI
FOR
FOR
Q4 25
-57.5%
Q3 25
38.1%
Q2 25
0.1%
3.8%
Q1 25
-5.8%
Q4 24
Q3 24
21.5%
Q2 24
4.4%
-19.6%
Q1 24
-17.9%
Capex Intensity
AFRI
AFRI
FOR
FOR
Q4 25
0.0%
Q3 25
0.1%
Q2 25
0.4%
0.2%
Q1 25
0.2%
Q4 24
0.0%
Q3 24
0.1%
Q2 24
2.8%
0.2%
Q1 24
0.2%
Cash Conversion
AFRI
AFRI
FOR
FOR
Q4 25
-10.19×
Q3 25
2.95×
Q2 25
0.48×
Q1 25
-0.63×
Q4 24
-27.27×
Q3 24
1.46×
Q2 24
-1.59×
Q1 24
-1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

FOR
FOR

D.R.Horton Inc.$183.8M67%
Other$89.2M33%

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