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Side-by-side financial comparison of Forestar Group Inc. (FOR) and Janus International Group, Inc. (JBI). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $219.3M, roughly 1.2× Janus International Group, Inc.). Janus International Group, Inc. runs the higher net margin — 6.9% vs 5.6%, a 1.3% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs -4.7%). Janus International Group, Inc. produced more free cash flow last quarter ($8.3M vs $-157.1M). Over the past eight quarters, Janus International Group, Inc.'s revenue compounded faster (-8.8% 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...
Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.
FOR vs JBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $273.0M | $219.3M |
| Net Profit | $15.4M | $15.2M |
| Gross Margin | 20.1% | 39.1% |
| Operating Margin | 7.6% | 13.4% |
| Net Margin | 5.6% | 6.9% |
| Revenue YoY | 9.0% | -4.7% |
| Net Profit YoY | -6.7% | 28.8% |
| EPS (diluted) | $0.30 | $0.11 |
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 | — | ||
| Q3 25 | $670.5M | $219.3M | ||
| Q2 25 | $390.5M | $228.1M | ||
| Q1 25 | $351.0M | $210.5M | ||
| Q4 24 | $250.4M | $230.8M | ||
| Q3 24 | $551.3M | $230.1M | ||
| Q2 24 | $318.4M | $248.4M | ||
| Q1 24 | $333.8M | $254.5M |
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | $15.2M | ||
| Q2 25 | $32.9M | $20.7M | ||
| Q1 25 | $31.6M | $10.8M | ||
| Q4 24 | $16.5M | $300.0K | ||
| Q3 24 | $81.5M | $11.8M | ||
| Q2 24 | $38.7M | $27.6M | ||
| Q1 24 | $45.0M | $30.7M |
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | 39.1% | ||
| Q2 25 | 20.4% | 40.9% | ||
| Q1 25 | 22.6% | 38.9% | ||
| Q4 24 | 22.0% | 37.8% | ||
| Q3 24 | 23.9% | 39.6% | ||
| Q2 24 | 22.5% | 43.9% | ||
| Q1 24 | 24.9% | 43.4% |
| Q4 25 | 7.6% | — | ||
| Q3 25 | 16.9% | 13.4% | ||
| Q2 25 | 11.2% | 15.8% | ||
| Q1 25 | 11.6% | 12.0% | ||
| Q4 24 | 8.7% | 5.5% | ||
| Q3 24 | 19.7% | 11.6% | ||
| Q2 24 | 16.2% | 20.8% | ||
| Q1 24 | 17.6% | 21.8% |
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | 6.9% | ||
| Q2 25 | 8.4% | 9.1% | ||
| Q1 25 | 9.0% | 5.1% | ||
| Q4 24 | 6.6% | 0.1% | ||
| Q3 24 | 14.8% | 5.1% | ||
| Q2 24 | 12.2% | 11.1% | ||
| Q1 24 | 13.5% | 12.1% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.70 | $0.11 | ||
| Q2 25 | $0.65 | $0.15 | ||
| Q1 25 | $0.62 | $0.08 | ||
| Q4 24 | $0.32 | $0.01 | ||
| Q3 24 | $1.59 | $0.08 | ||
| Q2 24 | $0.76 | $0.19 | ||
| Q1 24 | $0.89 | $0.21 |
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 | — |
| Total DebtLower is stronger | $793.2M | — |
| Stockholders' EquityBook value | $1.8B | $560.8M |
| Total Assets | $3.2B | $1.3B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | — | ||
| Q2 25 | $189.2M | — | ||
| Q1 25 | $174.3M | — | ||
| Q4 24 | $132.0M | — | ||
| Q3 24 | $481.2M | $102.1M | ||
| Q2 24 | $359.2M | $110.1M | ||
| Q1 24 | $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 | $1.8B | — | ||
| Q3 25 | $1.8B | $560.8M | ||
| Q2 25 | $1.7B | $543.8M | ||
| Q1 25 | $1.6B | $526.8M | ||
| Q4 24 | $1.6B | $518.8M | ||
| Q3 24 | $1.6B | $526.6M | ||
| Q2 24 | $1.5B | $556.3M | ||
| Q1 24 | $1.5B | $535.4M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $1.3B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $3.0B | $1.3B | ||
| Q4 24 | $3.0B | $1.3B | ||
| Q3 24 | $2.8B | $1.3B | ||
| Q2 24 | $2.7B | $1.3B | ||
| Q1 24 | $2.6B | $1.4B |
| 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 | $15.0M |
| Free Cash FlowOCF − Capex | $-157.1M | $8.3M |
| FCF MarginFCF / Revenue | -57.5% | 3.8% |
| Capex IntensityCapex / Revenue | 0.0% | 3.1% |
| Cash ConversionOCF / Net Profit | -10.19× | 0.99× |
| TTM Free Cash FlowTrailing 4 quarters | $93.0M | $140.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-157.0M | — | ||
| Q3 25 | $256.3M | $15.0M | ||
| Q2 25 | $15.8M | $51.4M | ||
| Q1 25 | $-19.8M | $48.3M | ||
| Q4 24 | $-450.0M | $51.4M | ||
| Q3 24 | $119.2M | $43.0M | ||
| Q2 24 | $-61.7M | $31.0M | ||
| Q1 24 | $-59.2M | $28.6M |
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | $8.3M | ||
| Q2 25 | $15.0M | $44.6M | ||
| Q1 25 | $-20.5M | $41.9M | ||
| Q4 24 | — | $45.3M | ||
| Q3 24 | $118.4M | $39.3M | ||
| Q2 24 | $-62.3M | $25.3M | ||
| Q1 24 | $-59.8M | $24.0M |
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | 3.8% | ||
| Q2 25 | 3.8% | 19.6% | ||
| Q1 25 | -5.8% | 19.9% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | 21.5% | 17.1% | ||
| Q2 24 | -19.6% | 10.2% | ||
| Q1 24 | -17.9% | 9.4% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | 3.1% | ||
| Q2 25 | 0.2% | 3.0% | ||
| Q1 25 | 0.2% | 3.0% | ||
| Q4 24 | 0.0% | 2.6% | ||
| Q3 24 | 0.1% | 1.6% | ||
| Q2 24 | 0.2% | 2.3% | ||
| Q1 24 | 0.2% | 1.8% |
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | 0.99× | ||
| Q2 25 | 0.48× | 2.48× | ||
| Q1 25 | -0.63× | 4.47× | ||
| Q4 24 | -27.27× | 171.33× | ||
| Q3 24 | 1.46× | 3.64× | ||
| Q2 24 | -1.59× | 1.12× | ||
| Q1 24 | -1.32× | 0.93× |
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% |
JBI
| Self Storage New Construction | $72.3M | 33% |
| Commercial And Others | $65.5M | 30% |
| Self Storage R3 | $54.0M | 25% |
| Transferred At Point In Time | $15.5M | 7% |
| Transferred Over Time | $12.8M | 6% |