vs

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

Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $270.8M, roughly 1.0× HUTCHMED (China) Ltd). Forestar Group Inc. runs the higher net margin — 5.6% vs 0.7%, a 4.9% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M 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...

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

FOR vs HCM — Head-to-Head

Bigger by revenue
FOR
FOR
1.0× larger
FOR
$273.0M
$270.8M
HCM
Growing faster (revenue YoY)
FOR
FOR
+25.6% gap
FOR
9.0%
-16.5%
HCM
Higher net margin
FOR
FOR
4.9% more per $
FOR
5.6%
0.7%
HCM
More free cash flow
HCM
HCM
$160.5M more FCF
HCM
$3.4M
$-157.1M
FOR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FOR
FOR
HCM
HCM
Revenue
$273.0M
$270.8M
Net Profit
$15.4M
$2.0M
Gross Margin
20.1%
37.7%
Operating Margin
7.6%
-13.2%
Net Margin
5.6%
0.7%
Revenue YoY
9.0%
-16.5%
Net Profit YoY
-6.7%
-83.6%
EPS (diluted)
$0.30
$0.00

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
HCM
HCM
Q4 25
$273.0M
$270.8M
Q3 25
$670.5M
Q2 25
$390.5M
$277.7M
Q1 25
$351.0M
$324.5M
Q4 24
$250.4M
Q3 24
$551.3M
Q2 24
$318.4M
$305.7M
Q1 24
$333.8M
Net Profit
FOR
FOR
HCM
HCM
Q4 25
$15.4M
$2.0M
Q3 25
$86.9M
Q2 25
$32.9M
$455.0M
Q1 25
$31.6M
$11.9M
Q4 24
$16.5M
Q3 24
$81.5M
Q2 24
$38.7M
$25.8M
Q1 24
$45.0M
Gross Margin
FOR
FOR
HCM
HCM
Q4 25
20.1%
37.7%
Q3 25
22.3%
Q2 25
20.4%
0.1%
Q1 25
22.6%
48.0%
Q4 24
22.0%
Q3 24
23.9%
Q2 24
22.5%
41.1%
Q1 24
24.9%
Operating Margin
FOR
FOR
HCM
HCM
Q4 25
7.6%
-13.2%
Q3 25
16.9%
Q2 25
11.2%
-1.3%
Q1 25
11.6%
-5.0%
Q4 24
8.7%
Q3 24
19.7%
Q2 24
16.2%
-9.0%
Q1 24
17.6%
Net Margin
FOR
FOR
HCM
HCM
Q4 25
5.6%
0.7%
Q3 25
13.0%
Q2 25
8.4%
163.8%
Q1 25
9.0%
3.7%
Q4 24
6.6%
Q3 24
14.8%
Q2 24
12.2%
8.4%
Q1 24
13.5%
EPS (diluted)
FOR
FOR
HCM
HCM
Q4 25
$0.30
$0.00
Q3 25
$1.70
Q2 25
$0.65
$0.52
Q1 25
$0.62
$0.01
Q4 24
$0.32
Q3 24
$1.59
Q2 24
$0.76
$0.03
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
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$211.7M
$1.4B
Total DebtLower is stronger
$793.2M
$93.2M
Stockholders' EquityBook value
$1.8B
$1.2B
Total Assets
$3.2B
$1.8B
Debt / EquityLower = less leverage
0.44×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOR
FOR
HCM
HCM
Q4 25
$211.7M
$1.4B
Q3 25
$379.2M
Q2 25
$189.2M
$1.4B
Q1 25
$174.3M
$836.1M
Q4 24
$132.0M
Q3 24
$481.2M
Q2 24
$359.2M
$802.5M
Q1 24
$416.2M
Total Debt
FOR
FOR
HCM
HCM
Q4 25
$793.2M
$93.2M
Q3 25
$802.7M
Q2 25
$872.8M
$93.4M
Q1 25
$872.5M
$82.8M
Q4 24
$806.8M
Q3 24
$706.4M
Q2 24
$706.1M
$82.1M
Q1 24
$705.7M
Stockholders' Equity
FOR
FOR
HCM
HCM
Q4 25
$1.8B
$1.2B
Q3 25
$1.8B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$759.9M
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.5B
$740.1M
Q1 24
$1.5B
Total Assets
FOR
FOR
HCM
HCM
Q4 25
$3.2B
$1.8B
Q3 25
$3.1B
Q2 25
$3.1B
$1.8B
Q1 25
$3.0B
$1.3B
Q4 24
$3.0B
Q3 24
$2.8B
Q2 24
$2.7B
$1.3B
Q1 24
$2.6B
Debt / Equity
FOR
FOR
HCM
HCM
Q4 25
0.44×
0.08×
Q3 25
0.45×
Q2 25
0.52×
0.08×
Q1 25
0.53×
0.11×
Q4 24
0.50×
Q3 24
0.44×
Q2 24
0.47×
0.11×
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
HCM
HCM
Operating Cash FlowLast quarter
$-157.0M
$8.2M
Free Cash FlowOCF − Capex
$-157.1M
$3.4M
FCF MarginFCF / Revenue
-57.5%
1.2%
Capex IntensityCapex / Revenue
0.0%
1.8%
Cash ConversionOCF / Net Profit
-10.19×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$93.0M
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOR
FOR
HCM
HCM
Q4 25
$-157.0M
$8.2M
Q3 25
$256.3M
Q2 25
$15.8M
$-72.9M
Q1 25
$-19.8M
$40.3M
Q4 24
$-450.0M
Q3 24
$119.2M
Q2 24
$-61.7M
$-39.8M
Q1 24
$-59.2M
Free Cash Flow
FOR
FOR
HCM
HCM
Q4 25
$-157.1M
$3.4M
Q3 25
$255.6M
Q2 25
$15.0M
$-82.2M
Q1 25
$-20.5M
$32.5M
Q4 24
Q3 24
$118.4M
Q2 24
$-62.3M
$-49.9M
Q1 24
$-59.8M
FCF Margin
FOR
FOR
HCM
HCM
Q4 25
-57.5%
1.2%
Q3 25
38.1%
Q2 25
3.8%
-29.6%
Q1 25
-5.8%
10.0%
Q4 24
Q3 24
21.5%
Q2 24
-19.6%
-16.3%
Q1 24
-17.9%
Capex Intensity
FOR
FOR
HCM
HCM
Q4 25
0.0%
1.8%
Q3 25
0.1%
Q2 25
0.2%
3.3%
Q1 25
0.2%
2.4%
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.2%
3.3%
Q1 24
0.2%
Cash Conversion
FOR
FOR
HCM
HCM
Q4 25
-10.19×
4.21×
Q3 25
2.95×
Q2 25
0.48×
-0.16×
Q1 25
-0.63×
3.38×
Q4 24
-27.27×
Q3 24
1.46×
Q2 24
-1.59×
-1.54×
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%

HCM
HCM

Segment breakdown not available.

Related Comparisons