vs

Side-by-side financial comparison of Forestar Group Inc. (FOR) and GreenTree Hospitality Group Ltd. (GHG). Click either name above to swap in a different company.

GreenTree Hospitality Group Ltd. is the larger business by last-quarter revenue ($286.9M vs $273.0M, roughly 1.1× Forestar Group Inc.). GreenTree Hospitality Group Ltd. produced more free cash flow last quarter ($16.2M vs $-157.1M).

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...

GreenTree Hospitality Group Ltd. is a pure play franchised hotel operator, headquartered in Shanghai, China, with the majority of its hotels both franchised-and-managed. In 2017, GreenTree was the fourth largest economy to mid-scale hotel group in China based on the number of hotel rooms according to China Hospitality Association.

FOR vs GHG — Head-to-Head

Bigger by revenue
GHG
GHG
1.1× larger
GHG
$286.9M
$273.0M
FOR
More free cash flow
GHG
GHG
$173.3M more FCF
GHG
$16.2M
$-157.1M
FOR

Income Statement — Q1 FY2026 vs Q3 FY2024

Metric
FOR
FOR
GHG
GHG
Revenue
$273.0M
$286.9M
Net Profit
$15.4M
Gross Margin
20.1%
Operating Margin
7.6%
Net Margin
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
FOR
FOR
GHG
GHG
Q4 25
$273.0M
Q3 25
$670.5M
Q2 25
$390.5M
Q1 25
$351.0M
Q4 24
$250.4M
Q3 24
$551.3M
$286.9M
Q2 24
$318.4M
Q1 24
$333.8M
Net Profit
FOR
FOR
GHG
GHG
Q4 25
$15.4M
Q3 25
$86.9M
Q2 25
$32.9M
Q1 25
$31.6M
Q4 24
$16.5M
Q3 24
$81.5M
Q2 24
$38.7M
Q1 24
$45.0M
Gross Margin
FOR
FOR
GHG
GHG
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
FOR
FOR
GHG
GHG
Q4 25
7.6%
Q3 25
16.9%
Q2 25
11.2%
Q1 25
11.6%
Q4 24
8.7%
Q3 24
19.7%
Q2 24
16.2%
Q1 24
17.6%
Net Margin
FOR
FOR
GHG
GHG
Q4 25
5.6%
Q3 25
13.0%
Q2 25
8.4%
Q1 25
9.0%
Q4 24
6.6%
Q3 24
14.8%
Q2 24
12.2%
Q1 24
13.5%
EPS (diluted)
FOR
FOR
GHG
GHG
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
FOR
FOR
GHG
GHG
Cash + ST InvestmentsLiquidity on hand
$211.7M
Total DebtLower is stronger
$793.2M
Stockholders' EquityBook value
$1.8B
Total Assets
$3.2B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOR
FOR
GHG
GHG
Q4 25
$211.7M
Q3 25
$379.2M
Q2 25
$189.2M
Q1 25
$174.3M
Q4 24
$132.0M
Q3 24
$481.2M
Q2 24
$359.2M
Q1 24
$416.2M
Total Debt
FOR
FOR
GHG
GHG
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
FOR
FOR
GHG
GHG
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
FOR
FOR
GHG
GHG
Q4 25
$3.2B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.8B
Q2 24
$2.7B
Q1 24
$2.6B
Debt / Equity
FOR
FOR
GHG
GHG
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
FOR
FOR
GHG
GHG
Operating Cash FlowLast quarter
$-157.0M
$20.3M
Free Cash FlowOCF − Capex
$-157.1M
$16.2M
FCF MarginFCF / Revenue
-57.5%
5.6%
Capex IntensityCapex / Revenue
0.0%
1.4%
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
FOR
FOR
GHG
GHG
Q4 25
$-157.0M
Q3 25
$256.3M
Q2 25
$15.8M
Q1 25
$-19.8M
Q4 24
$-450.0M
Q3 24
$119.2M
$20.3M
Q2 24
$-61.7M
Q1 24
$-59.2M
Free Cash Flow
FOR
FOR
GHG
GHG
Q4 25
$-157.1M
Q3 25
$255.6M
Q2 25
$15.0M
Q1 25
$-20.5M
Q4 24
Q3 24
$118.4M
$16.2M
Q2 24
$-62.3M
Q1 24
$-59.8M
FCF Margin
FOR
FOR
GHG
GHG
Q4 25
-57.5%
Q3 25
38.1%
Q2 25
3.8%
Q1 25
-5.8%
Q4 24
Q3 24
21.5%
5.6%
Q2 24
-19.6%
Q1 24
-17.9%
Capex Intensity
FOR
FOR
GHG
GHG
Q4 25
0.0%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.0%
Q3 24
0.1%
1.4%
Q2 24
0.2%
Q1 24
0.2%
Cash Conversion
FOR
FOR
GHG
GHG
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

FOR
FOR

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

GHG
GHG

Segment breakdown not available.

Related Comparisons