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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

Bigger by revenue
FOR
FOR
1.2× larger
FOR
$273.0M
$219.3M
JBI
Growing faster (revenue YoY)
FOR
FOR
+13.7% gap
FOR
9.0%
-4.7%
JBI
Higher net margin
JBI
JBI
1.3% more per $
JBI
6.9%
5.6%
FOR
More free cash flow
JBI
JBI
$165.4M more FCF
JBI
$8.3M
$-157.1M
FOR
Faster 2-yr revenue CAGR
JBI
JBI
Annualised
JBI
-8.8%
-9.6%
FOR

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FOR
FOR
JBI
JBI
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.

Revenue
FOR
FOR
JBI
JBI
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
Net Profit
FOR
FOR
JBI
JBI
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
Gross Margin
FOR
FOR
JBI
JBI
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%
Operating Margin
FOR
FOR
JBI
JBI
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%
Net Margin
FOR
FOR
JBI
JBI
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%
EPS (diluted)
FOR
FOR
JBI
JBI
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
FOR
FOR
JBI
JBI
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.

Cash + ST Investments
FOR
FOR
JBI
JBI
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
Total Debt
FOR
FOR
JBI
JBI
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
JBI
JBI
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
Total Assets
FOR
FOR
JBI
JBI
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
Debt / Equity
FOR
FOR
JBI
JBI
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
JBI
JBI
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.

Operating Cash Flow
FOR
FOR
JBI
JBI
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
Free Cash Flow
FOR
FOR
JBI
JBI
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
FCF Margin
FOR
FOR
JBI
JBI
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%
Capex Intensity
FOR
FOR
JBI
JBI
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%
Cash Conversion
FOR
FOR
JBI
JBI
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
FOR

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

JBI
JBI

Self Storage New Construction$72.3M33%
Commercial And Others$65.5M30%
Self Storage R3$54.0M25%
Transferred At Point In Time$15.5M7%
Transferred Over Time$12.8M6%

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