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Side-by-side financial comparison of Forestar Group Inc. (FOR) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $159.9M, roughly 1.7× INSTEEL INDUSTRIES INC). Forestar Group Inc. runs the higher net margin — 5.6% vs 4.7%, a 0.9% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 9.0%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-157.1M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -9.6%).
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...
Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.
FOR vs IIIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $273.0M | $159.9M |
| Net Profit | $15.4M | $7.6M |
| Gross Margin | 20.1% | 11.3% |
| Operating Margin | 7.6% | 6.0% |
| Net Margin | 5.6% | 4.7% |
| Revenue YoY | 9.0% | 23.3% |
| Net Profit YoY | -6.7% | 602.4% |
| EPS (diluted) | $0.30 | $0.39 |
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 | $273.0M | $159.9M | ||
| Q3 25 | $670.5M | $177.4M | ||
| Q2 25 | $390.5M | $179.9M | ||
| Q1 25 | $351.0M | $160.7M | ||
| Q4 24 | $250.4M | $129.7M | ||
| Q3 24 | $551.3M | $134.3M | ||
| Q2 24 | $318.4M | $145.8M | ||
| Q1 24 | $333.8M | $127.4M |
| Q4 25 | $15.4M | $7.6M | ||
| Q3 25 | $86.9M | $14.6M | ||
| Q2 25 | $32.9M | $15.2M | ||
| Q1 25 | $31.6M | $10.2M | ||
| Q4 24 | $16.5M | $1.1M | ||
| Q3 24 | $81.5M | $4.7M | ||
| Q2 24 | $38.7M | $6.6M | ||
| Q1 24 | $45.0M | $6.9M |
| Q4 25 | 20.1% | 11.3% | ||
| Q3 25 | 22.3% | 16.1% | ||
| Q2 25 | 20.4% | 17.1% | ||
| Q1 25 | 22.6% | 15.3% | ||
| Q4 24 | 22.0% | 7.3% | ||
| Q3 24 | 23.9% | 9.1% | ||
| Q2 24 | 22.5% | 10.6% | ||
| Q1 24 | 24.9% | 12.3% |
| Q4 25 | 7.6% | 6.0% | ||
| Q3 25 | 16.9% | 10.8% | ||
| Q2 25 | 11.2% | 11.0% | ||
| Q1 25 | 11.6% | 8.3% | ||
| Q4 24 | 8.7% | 1.1% | ||
| Q3 24 | 19.7% | 4.5% | ||
| Q2 24 | 16.2% | 6.0% | ||
| Q1 24 | 17.6% | 7.0% |
| Q4 25 | 5.6% | 4.7% | ||
| Q3 25 | 13.0% | 8.2% | ||
| Q2 25 | 8.4% | 8.4% | ||
| Q1 25 | 9.0% | 6.4% | ||
| Q4 24 | 6.6% | 0.8% | ||
| Q3 24 | 14.8% | 3.5% | ||
| Q2 24 | 12.2% | 4.5% | ||
| Q1 24 | 13.5% | 5.4% |
| Q4 25 | $0.30 | $0.39 | ||
| Q3 25 | $1.70 | $0.74 | ||
| Q2 25 | $0.65 | $0.78 | ||
| Q1 25 | $0.62 | $0.52 | ||
| Q4 24 | $0.32 | $0.06 | ||
| Q3 24 | $1.59 | $0.24 | ||
| Q2 24 | $0.76 | $0.34 | ||
| Q1 24 | $0.89 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $211.7M | $15.6M |
| Total DebtLower is stronger | $793.2M | — |
| Stockholders' EquityBook value | $1.8B | $358.8M |
| Total Assets | $3.2B | $456.1M |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.7M | $15.6M | ||
| Q3 25 | $379.2M | $38.6M | ||
| Q2 25 | $189.2M | $53.7M | ||
| Q1 25 | $174.3M | $28.4M | ||
| Q4 24 | $132.0M | $36.0M | ||
| Q3 24 | $481.2M | $111.5M | ||
| Q2 24 | $359.2M | $97.7M | ||
| Q1 24 | $416.2M | $83.9M |
| 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 | $1.8B | $358.8M | ||
| Q3 25 | $1.8B | $371.5M | ||
| Q2 25 | $1.7B | $356.2M | ||
| Q1 25 | $1.6B | $341.4M | ||
| Q4 24 | $1.6B | $331.6M | ||
| Q3 24 | $1.6B | $350.9M | ||
| Q2 24 | $1.5B | $346.0M | ||
| Q1 24 | $1.5B | $340.6M |
| Q4 25 | $3.2B | $456.1M | ||
| Q3 25 | $3.1B | $462.6M | ||
| Q2 25 | $3.1B | $471.9M | ||
| Q1 25 | $3.0B | $421.9M | ||
| Q4 24 | $3.0B | $404.7M | ||
| Q3 24 | $2.8B | $422.6M | ||
| Q2 24 | $2.7B | $414.6M | ||
| Q1 24 | $2.6B | $397.2M |
| 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 | $-157.0M | $-701.0K |
| Free Cash FlowOCF − Capex | $-157.1M | $-2.2M |
| FCF MarginFCF / Revenue | -57.5% | -1.4% |
| Capex IntensityCapex / Revenue | 0.0% | 0.9% |
| Cash ConversionOCF / Net Profit | -10.19× | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $93.0M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-157.0M | $-701.0K | ||
| Q3 25 | $256.3M | $-17.0M | ||
| Q2 25 | $15.8M | $28.5M | ||
| Q1 25 | $-19.8M | $-3.3M | ||
| Q4 24 | $-450.0M | $19.0M | ||
| Q3 24 | $119.2M | $16.2M | ||
| Q2 24 | $-61.7M | $18.8M | ||
| Q1 24 | $-59.2M | $1.4M |
| Q4 25 | $-157.1M | $-2.2M | ||
| Q3 25 | $255.6M | $-18.7M | ||
| Q2 25 | $15.0M | $26.9M | ||
| Q1 25 | $-20.5M | $-5.5M | ||
| Q4 24 | — | $16.3M | ||
| Q3 24 | $118.4M | $14.5M | ||
| Q2 24 | $-62.3M | $15.5M | ||
| Q1 24 | $-59.8M | $-580.0K |
| Q4 25 | -57.5% | -1.4% | ||
| Q3 25 | 38.1% | -10.6% | ||
| Q2 25 | 3.8% | 15.0% | ||
| Q1 25 | -5.8% | -3.5% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | 21.5% | 10.8% | ||
| Q2 24 | -19.6% | 10.7% | ||
| Q1 24 | -17.9% | -0.5% |
| Q4 25 | 0.0% | 0.9% | ||
| Q3 25 | 0.1% | 1.0% | ||
| Q2 25 | 0.2% | 0.9% | ||
| Q1 25 | 0.2% | 1.4% | ||
| Q4 24 | 0.0% | 2.1% | ||
| Q3 24 | 0.1% | 1.3% | ||
| Q2 24 | 0.2% | 2.2% | ||
| Q1 24 | 0.2% | 1.5% |
| Q4 25 | -10.19× | -0.09× | ||
| Q3 25 | 2.95× | -1.17× | ||
| Q2 25 | 0.48× | 1.88× | ||
| Q1 25 | -0.63× | -0.32× | ||
| Q4 24 | -27.27× | 17.56× | ||
| Q3 24 | 1.46× | 3.48× | ||
| Q2 24 | -1.59× | 2.86× | ||
| Q1 24 | -1.32× | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
