vs
Side-by-side financial comparison of Forestar Group Inc. (FOR) and MATERION Corp (MTRN). Click either name above to swap in a different company.
MATERION Corp is the larger business by last-quarter revenue ($489.8M vs $273.0M, roughly 1.8× Forestar Group Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs 1.3%, a 4.3% gap on every dollar of revenue. On growth, MATERION Corp posted the faster year-over-year revenue change (12.1% vs 9.0%). Over the past eight quarters, MATERION Corp's revenue compounded faster (12.7% 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...
Materion Corp. is a multinational company specializing in high-performance advanced materials. Among its products are advanced beryllium metals, thin film deposition materials, high-performance alloys and composites, specialty engineered beryllium, engineered metals, technical ceramics, tantalum, niobium, other precious and non-precious metals, inorganic chemicals, and specialty coatings.
FOR vs MTRN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.0M | $489.8M |
| Net Profit | $15.4M | $6.6M |
| Gross Margin | 20.1% | 13.0% |
| Operating Margin | 7.6% | 2.2% |
| Net Margin | 5.6% | 1.3% |
| Revenue YoY | 9.0% | 12.1% |
| Net Profit YoY | -6.7% | 113.5% |
| EPS (diluted) | $0.30 | $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.
| Q4 25 | $273.0M | $489.8M | ||
| Q3 25 | $670.5M | $444.8M | ||
| Q2 25 | $390.5M | $431.7M | ||
| Q1 25 | $351.0M | $420.3M | ||
| Q4 24 | $250.4M | $436.9M | ||
| Q3 24 | $551.3M | $436.7M | ||
| Q2 24 | $318.4M | $425.9M | ||
| Q1 24 | $333.8M | $385.3M |
| Q4 25 | $15.4M | $6.6M | ||
| Q3 25 | $86.9M | $25.4M | ||
| Q2 25 | $32.9M | $25.1M | ||
| Q1 25 | $31.6M | $17.7M | ||
| Q4 24 | $16.5M | $-48.9M | ||
| Q3 24 | $81.5M | $22.3M | ||
| Q2 24 | $38.7M | $19.0M | ||
| Q1 24 | $45.0M | $13.4M |
| Q4 25 | 20.1% | 13.0% | ||
| Q3 25 | 22.3% | 19.4% | ||
| Q2 25 | 20.4% | 19.1% | ||
| Q1 25 | 22.6% | 18.1% | ||
| Q4 24 | 22.0% | 21.3% | ||
| Q3 24 | 23.9% | 18.5% | ||
| Q2 24 | 22.5% | 19.0% | ||
| Q1 24 | 24.9% | 18.5% |
| Q4 25 | 7.6% | 2.2% | ||
| Q3 25 | 16.9% | 7.9% | ||
| Q2 25 | 11.2% | 8.5% | ||
| Q1 25 | 11.6% | 6.5% | ||
| Q4 24 | 8.7% | -8.8% | ||
| Q3 24 | 19.7% | 7.2% | ||
| Q2 24 | 16.2% | 7.5% | ||
| Q1 24 | 17.6% | 5.8% |
| Q4 25 | 5.6% | 1.3% | ||
| Q3 25 | 13.0% | 5.7% | ||
| Q2 25 | 8.4% | 5.8% | ||
| Q1 25 | 9.0% | 4.2% | ||
| Q4 24 | 6.6% | -11.2% | ||
| Q3 24 | 14.8% | 5.1% | ||
| Q2 24 | 12.2% | 4.5% | ||
| Q1 24 | 13.5% | 3.5% |
| Q4 25 | $0.30 | $0.30 | ||
| Q3 25 | $1.70 | $1.22 | ||
| Q2 25 | $0.65 | $1.21 | ||
| Q1 25 | $0.62 | $0.85 | ||
| Q4 24 | $0.32 | $-2.34 | ||
| Q3 24 | $1.59 | $1.07 | ||
| Q2 24 | $0.76 | $0.91 | ||
| Q1 24 | $0.89 | $0.64 |
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 | $13.7M |
| Total DebtLower is stronger | $793.2M | $460.6M |
| Stockholders' EquityBook value | $1.8B | $943.3M |
| Total Assets | $3.2B | $1.8B |
| Debt / EquityLower = less leverage | 0.44× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.7M | $13.7M | ||
| Q3 25 | $379.2M | $16.4M | ||
| Q2 25 | $189.2M | $12.6M | ||
| Q1 25 | $174.3M | $15.6M | ||
| Q4 24 | $132.0M | $16.7M | ||
| Q3 24 | $481.2M | $17.9M | ||
| Q2 24 | $359.2M | $17.1M | ||
| Q1 24 | $416.2M | $13.1M |
| Q4 25 | $793.2M | $460.6M | ||
| Q3 25 | $802.7M | $458.9M | ||
| Q2 25 | $872.8M | $427.6M | ||
| Q1 25 | $872.5M | $453.0M | ||
| Q4 24 | $806.8M | $443.9M | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | $477.9M |
| Q4 25 | $1.8B | $943.3M | ||
| Q3 25 | $1.8B | $934.6M | ||
| Q2 25 | $1.7B | $910.6M | ||
| Q1 25 | $1.6B | $887.9M | ||
| Q4 24 | $1.6B | $868.9M | ||
| Q3 24 | $1.6B | $931.9M | ||
| Q2 24 | $1.5B | $907.1M | ||
| Q1 24 | $1.5B | $889.9M |
| Q4 25 | $3.2B | $1.8B | ||
| Q3 25 | $3.1B | $1.8B | ||
| Q2 25 | $3.1B | $1.7B | ||
| Q1 25 | $3.0B | $1.8B | ||
| Q4 24 | $3.0B | $1.7B | ||
| Q3 24 | $2.8B | $1.9B | ||
| Q2 24 | $2.7B | $1.8B | ||
| Q1 24 | $2.6B | $1.8B |
| Q4 25 | 0.44× | 0.49× | ||
| Q3 25 | 0.45× | 0.49× | ||
| Q2 25 | 0.52× | 0.47× | ||
| Q1 25 | 0.53× | 0.51× | ||
| Q4 24 | 0.50× | 0.51× | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.47× | — | ||
| Q1 24 | 0.48× | 0.54× |
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 | $19.5M |
| Free Cash FlowOCF − Capex | $-157.1M | — |
| FCF MarginFCF / Revenue | -57.5% | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | -10.19× | 2.97× |
| TTM Free Cash FlowTrailing 4 quarters | $93.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-157.0M | $19.5M | ||
| Q3 25 | $256.3M | $18.3M | ||
| Q2 25 | $15.8M | $49.9M | ||
| Q1 25 | $-19.8M | $15.5M | ||
| Q4 24 | $-450.0M | $76.3M | ||
| Q3 24 | $119.2M | $5.1M | ||
| Q2 24 | $-61.7M | $20.3M | ||
| Q1 24 | $-59.2M | $-13.8M |
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | — | ||
| Q2 25 | $15.0M | — | ||
| Q1 25 | $-20.5M | $3.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $118.4M | $-24.3M | ||
| Q2 24 | $-62.3M | — | ||
| Q1 24 | $-59.8M | $-35.1M |
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | -5.8% | 0.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | 21.5% | -5.6% | ||
| Q2 24 | -19.6% | — | ||
| Q1 24 | -17.9% | -9.1% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.2% | 2.9% | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.1% | 6.7% | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.2% | 5.5% |
| Q4 25 | -10.19× | 2.97× | ||
| Q3 25 | 2.95× | 0.72× | ||
| Q2 25 | 0.48× | 1.99× | ||
| Q1 25 | -0.63× | 0.88× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | 0.23× | ||
| Q2 24 | -1.59× | 1.07× | ||
| Q1 24 | -1.32× | -1.03× |
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% |
MTRN
| Electronic Materials | $313.9M | 64% |
| Aerospaceand Defense | $48.4M | 10% |
| Industrial Components | $34.3M | 7% |
| Precision Optics | $27.5M | 6% |
| Other End Market | $22.3M | 5% |
| Energy | $18.8M | 4% |
| Automotive Electronics | $18.5M | 4% |
| Semiconductor | $3.6M | 1% |
| Consumer Electronics | $362.0K | 0% |
