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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) 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 $197.0M, roughly 1.4× CRA INTERNATIONAL, INC.). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs 5.6%, a 1.1% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs 9.0%). Over the past eight quarters, CRA INTERNATIONAL, INC.'s revenue compounded faster (7.1% CAGR vs -9.6%).

CRA International, Inc. is a global consulting firm headquartered in Boston. The firm provides expert testimony and litigation support, strategic advice, and analysis to law firms, corporations, accounting firms, and governments.

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...

CRAI vs FOR — Head-to-Head

Bigger by revenue
FOR
FOR
1.4× larger
FOR
$273.0M
$197.0M
CRAI
Growing faster (revenue YoY)
CRAI
CRAI
+2.6% gap
CRAI
11.6%
9.0%
FOR
Higher net margin
CRAI
CRAI
1.1% more per $
CRAI
6.7%
5.6%
FOR
Faster 2-yr revenue CAGR
CRAI
CRAI
Annualised
CRAI
7.1%
-9.6%
FOR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRAI
CRAI
FOR
FOR
Revenue
$197.0M
$273.0M
Net Profit
$13.2M
$15.4M
Gross Margin
20.1%
Operating Margin
10.5%
7.6%
Net Margin
6.7%
5.6%
Revenue YoY
11.6%
9.0%
Net Profit YoY
-12.0%
-6.7%
EPS (diluted)
$1.99
$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
CRAI
CRAI
FOR
FOR
Q4 25
$197.0M
$273.0M
Q3 25
$185.9M
$670.5M
Q2 25
$186.9M
$390.5M
Q1 25
$181.9M
$351.0M
Q4 24
$176.4M
$250.4M
Q3 24
$167.7M
$551.3M
Q2 24
$171.4M
$318.4M
Q1 24
$171.8M
$333.8M
Net Profit
CRAI
CRAI
FOR
FOR
Q4 25
$13.2M
$15.4M
Q3 25
$11.5M
$86.9M
Q2 25
$12.1M
$32.9M
Q1 25
$18.0M
$31.6M
Q4 24
$15.0M
$16.5M
Q3 24
$11.4M
$81.5M
Q2 24
$6.5M
$38.7M
Q1 24
$13.7M
$45.0M
Gross Margin
CRAI
CRAI
FOR
FOR
Q4 25
20.1%
Q3 25
22.3%
Q2 25
20.4%
Q1 25
22.6%
Q4 24
22.0%
Q3 24
23.9%
Q2 24
22.5%
Q1 24
24.9%
Operating Margin
CRAI
CRAI
FOR
FOR
Q4 25
10.5%
7.6%
Q3 25
9.3%
16.9%
Q2 25
10.6%
11.2%
Q1 25
14.0%
11.6%
Q4 24
12.2%
8.7%
Q3 24
11.0%
19.7%
Q2 24
6.6%
16.2%
Q1 24
11.4%
17.6%
Net Margin
CRAI
CRAI
FOR
FOR
Q4 25
6.7%
5.6%
Q3 25
6.2%
13.0%
Q2 25
6.5%
8.4%
Q1 25
9.9%
9.0%
Q4 24
8.5%
6.6%
Q3 24
6.8%
14.8%
Q2 24
3.8%
12.2%
Q1 24
8.0%
13.5%
EPS (diluted)
CRAI
CRAI
FOR
FOR
Q4 25
$1.99
$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
CRAI
CRAI
FOR
FOR
Cash + ST InvestmentsLiquidity on hand
$18.2M
$211.7M
Total DebtLower is stronger
$793.2M
Stockholders' EquityBook value
$213.6M
$1.8B
Total Assets
$628.9M
$3.2B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
FOR
FOR
Q4 25
$18.2M
$211.7M
Q3 25
$22.5M
$379.2M
Q2 25
$19.4M
$189.2M
Q1 25
$25.6M
$174.3M
Q4 24
$26.7M
$132.0M
Q3 24
$24.5M
$481.2M
Q2 24
$24.6M
$359.2M
Q1 24
$37.1M
$416.2M
Total Debt
CRAI
CRAI
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
$706.1M
Q1 24
$705.7M
Stockholders' Equity
CRAI
CRAI
FOR
FOR
Q4 25
$213.6M
$1.8B
Q3 25
$201.7M
$1.8B
Q2 25
$197.0M
$1.7B
Q1 25
$227.3M
$1.6B
Q4 24
$212.1M
$1.6B
Q3 24
$204.5M
$1.6B
Q2 24
$191.7M
$1.5B
Q1 24
$211.8M
$1.5B
Total Assets
CRAI
CRAI
FOR
FOR
Q4 25
$628.9M
$3.2B
Q3 25
$629.0M
$3.1B
Q2 25
$606.8M
$3.1B
Q1 25
$590.4M
$3.0B
Q4 24
$571.4M
$3.0B
Q3 24
$582.3M
$2.8B
Q2 24
$546.0M
$2.7B
Q1 24
$552.5M
$2.6B
Debt / Equity
CRAI
CRAI
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
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
CRAI
CRAI
FOR
FOR
Operating Cash FlowLast quarter
$22.4M
$-157.0M
Free Cash FlowOCF − Capex
$-157.1M
FCF MarginFCF / Revenue
-57.5%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.70×
-10.19×
TTM Free Cash FlowTrailing 4 quarters
$93.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRAI
CRAI
FOR
FOR
Q4 25
$22.4M
$-157.0M
Q3 25
$36.5M
$256.3M
Q2 25
$5.9M
$15.8M
Q1 25
$-80.0M
$-19.8M
Q4 24
$79.4M
$-450.0M
Q3 24
$31.6M
$119.2M
Q2 24
$1.8M
$-61.7M
Q1 24
$-63.1M
$-59.2M
Free Cash Flow
CRAI
CRAI
FOR
FOR
Q4 25
$-157.1M
Q3 25
$35.9M
$255.6M
Q2 25
$4.7M
$15.0M
Q1 25
$-81.0M
$-20.5M
Q4 24
$68.8M
Q3 24
$28.6M
$118.4M
Q2 24
$-509.0K
$-62.3M
Q1 24
$-63.8M
$-59.8M
FCF Margin
CRAI
CRAI
FOR
FOR
Q4 25
-57.5%
Q3 25
19.3%
38.1%
Q2 25
2.5%
3.8%
Q1 25
-44.5%
-5.8%
Q4 24
39.0%
Q3 24
17.0%
21.5%
Q2 24
-0.3%
-19.6%
Q1 24
-37.1%
-17.9%
Capex Intensity
CRAI
CRAI
FOR
FOR
Q4 25
0.0%
Q3 25
0.3%
0.1%
Q2 25
0.6%
0.2%
Q1 25
0.5%
0.2%
Q4 24
6.0%
0.0%
Q3 24
1.8%
0.1%
Q2 24
1.4%
0.2%
Q1 24
0.4%
0.2%
Cash Conversion
CRAI
CRAI
FOR
FOR
Q4 25
1.70×
-10.19×
Q3 25
3.19×
2.95×
Q2 25
0.48×
0.48×
Q1 25
-4.44×
-0.63×
Q4 24
5.30×
-27.27×
Q3 24
2.76×
1.46×
Q2 24
0.28×
-1.59×
Q1 24
-4.61×
-1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRAI
CRAI

Segment breakdown not available.

FOR
FOR

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

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