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Side-by-side financial comparison of AMERICAS CARMART INC (CRMT) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
AMERICAS CARMART INC is the larger business by last-quarter revenue ($286.3M vs $273.0M, roughly 1.0× Forestar Group Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs -7.8%, a 13.5% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs 0.2%). AMERICAS CARMART INC produced more free cash flow last quarter ($8.3M vs $-157.1M). Over the past eight quarters, AMERICAS CARMART INC's revenue compounded faster (9.1% CAGR vs -9.6%).
Americas CarMart Inc is a US-based specialty automotive retailer that primarily sells used vehicles and provides tailored in-house financing solutions for customers with limited or poor credit histories. It operates a network of physical dealerships concentrated in the Southern and Midwestern regions of the United States, serving underserved consumer segments in the automotive purchase market.
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...
CRMT vs FOR — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $286.3M | $273.0M |
| Net Profit | $-22.5M | $15.4M |
| Gross Margin | 37.5% | 20.1% |
| Operating Margin | -9.6% | 7.6% |
| Net Margin | -7.8% | 5.6% |
| Revenue YoY | 0.2% | 9.0% |
| Net Profit YoY | -540.7% | -6.7% |
| EPS (diluted) | $-2.71 | $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.
| Q4 25 | $286.3M | $273.0M | ||
| Q3 25 | $276.2M | $670.5M | ||
| Q2 25 | $309.7M | $390.5M | ||
| Q1 25 | $263.5M | $351.0M | ||
| Q4 24 | $285.8M | $250.4M | ||
| Q3 24 | $287.2M | $551.3M | ||
| Q2 24 | $309.7M | $318.4M | ||
| Q1 24 | $240.4M | $333.8M |
| Q4 25 | $-22.5M | $15.4M | ||
| Q3 25 | $-5.7M | $86.9M | ||
| Q2 25 | $10.6M | $32.9M | ||
| Q1 25 | $3.2M | $31.6M | ||
| Q4 24 | $5.1M | $16.5M | ||
| Q3 24 | $-964.0K | $81.5M | ||
| Q2 24 | $426.0K | $38.7M | ||
| Q1 24 | $-8.5M | $45.0M |
| Q4 25 | 37.5% | 20.1% | ||
| Q3 25 | 36.6% | 22.3% | ||
| Q2 25 | 36.4% | 20.4% | ||
| Q1 25 | 35.7% | 22.6% | ||
| Q4 24 | 39.4% | 22.0% | ||
| Q3 24 | 35.0% | 23.9% | ||
| Q2 24 | 35.1% | 22.5% | ||
| Q1 24 | 34.2% | 24.9% |
| Q4 25 | -9.6% | 7.6% | ||
| Q3 25 | -2.7% | 16.9% | ||
| Q2 25 | 4.0% | 11.2% | ||
| Q1 25 | 1.7% | 11.6% | ||
| Q4 24 | 2.5% | 8.7% | ||
| Q3 24 | -0.4% | 19.7% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | -4.3% | 17.6% |
| Q4 25 | -7.8% | 5.6% | ||
| Q3 25 | -2.1% | 13.0% | ||
| Q2 25 | 3.4% | 8.4% | ||
| Q1 25 | 1.2% | 9.0% | ||
| Q4 24 | 1.8% | 6.6% | ||
| Q3 24 | -0.3% | 14.8% | ||
| Q2 24 | 0.1% | 12.2% | ||
| Q1 24 | -3.6% | 13.5% |
| Q4 25 | $-2.71 | $0.30 | ||
| Q3 25 | $-0.69 | $1.70 | ||
| Q2 25 | $1.50 | $0.65 | ||
| Q1 25 | $0.37 | $0.62 | ||
| Q4 24 | $0.61 | $0.32 | ||
| Q3 24 | $-0.15 | $1.59 | ||
| Q2 24 | $0.09 | $0.76 | ||
| Q1 24 | $-1.34 | $0.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $122.4M | $211.7M |
| Total DebtLower is stronger | — | $793.2M |
| Stockholders' EquityBook value | $555.0M | $1.8B |
| Total Assets | $1.7B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $122.4M | $211.7M | ||
| Q3 25 | $9.7M | $379.2M | ||
| Q2 25 | $9.8M | $189.2M | ||
| Q1 25 | $8.5M | $174.3M | ||
| Q4 24 | $8.0M | $132.0M | ||
| Q3 24 | $4.7M | $481.2M | ||
| Q2 24 | $5.5M | $359.2M | ||
| Q1 24 | $4.2M | $416.2M |
| 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 |
| Q4 25 | $555.0M | $1.8B | ||
| Q3 25 | $564.8M | $1.8B | ||
| Q2 25 | $569.4M | $1.7B | ||
| Q1 25 | $557.8M | $1.6B | ||
| Q4 24 | $553.6M | $1.6B | ||
| Q3 24 | $471.1M | $1.6B | ||
| Q2 24 | $470.6M | $1.5B | ||
| Q1 24 | $468.9M | $1.5B |
| Q4 25 | $1.7B | $3.2B | ||
| Q3 25 | $1.6B | $3.1B | ||
| Q2 25 | $1.6B | $3.1B | ||
| Q1 25 | $1.6B | $3.0B | ||
| Q4 24 | $1.6B | $3.0B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.5B | $2.7B | ||
| Q1 24 | $1.5B | $2.6B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $9.1M | $-157.0M |
| Free Cash FlowOCF − Capex | $8.3M | $-157.1M |
| FCF MarginFCF / Revenue | 2.9% | -57.5% |
| Capex IntensityCapex / Revenue | 0.3% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | $-11.2M | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.1M | $-157.0M | ||
| Q3 25 | $-5.9M | $256.3M | ||
| Q2 25 | $19.2M | $15.8M | ||
| Q1 25 | $-30.8M | $-19.8M | ||
| Q4 24 | $-22.2M | $-450.0M | ||
| Q3 24 | $-15.0M | $119.2M | ||
| Q2 24 | $-10.7M | $-61.7M | ||
| Q1 24 | $13.0M | $-59.2M |
| Q4 25 | $8.3M | $-157.1M | ||
| Q3 25 | $-6.4M | $255.6M | ||
| Q2 25 | $18.4M | $15.0M | ||
| Q1 25 | $-31.5M | $-20.5M | ||
| Q4 24 | $-23.6M | — | ||
| Q3 24 | $-16.0M | $118.4M | ||
| Q2 24 | $-12.0M | $-62.3M | ||
| Q1 24 | $10.2M | $-59.8M |
| Q4 25 | 2.9% | -57.5% | ||
| Q3 25 | -2.3% | 38.1% | ||
| Q2 25 | 5.9% | 3.8% | ||
| Q1 25 | -12.0% | -5.8% | ||
| Q4 24 | -8.3% | — | ||
| Q3 24 | -5.6% | 21.5% | ||
| Q2 24 | -3.9% | -19.6% | ||
| Q1 24 | 4.3% | -17.9% |
| Q4 25 | 0.3% | 0.0% | ||
| Q3 25 | 0.2% | 0.1% | ||
| Q2 25 | 0.3% | 0.2% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.5% | 0.0% | ||
| Q3 24 | 0.3% | 0.1% | ||
| Q2 24 | 0.4% | 0.2% | ||
| Q1 24 | 1.1% | 0.2% |
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | 1.81× | 0.48× | ||
| Q1 25 | -9.73× | -0.63× | ||
| Q4 24 | -4.36× | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | -25.18× | -1.59× | ||
| Q1 24 | — | -1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRMT
| Sales Used Autos | $241.4M | 84% |
| Service Contract Sales | $23.6M | 8% |
| Wholesales Third Party | $12.6M | 4% |
| Payment Protection Plan Revenue | $8.7M | 3% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
