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Side-by-side financial comparison of Forestar Group Inc. (FOR) and RADIAN GROUP INC (RDN). Click either name above to swap in a different company.
RADIAN GROUP INC is the larger business by last-quarter revenue ($300.5M vs $273.0M, roughly 1.1× Forestar Group Inc.). RADIAN GROUP INC runs the higher net margin — 51.5% vs 5.6%, a 45.9% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs 2.7%). RADIAN GROUP INC produced more free cash flow last quarter ($115.7M vs $-157.1M). Over the past eight quarters, RADIAN GROUP INC's revenue compounded faster (-0.2% 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...
Radian Group Inc. is a mortgage insurance company with a suite of mortgage, risk, real estate, and title services.
FOR vs RDN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.0M | $300.5M |
| Net Profit | $15.4M | $154.8M |
| Gross Margin | 20.1% | — |
| Operating Margin | 7.6% | 76.2% |
| Net Margin | 5.6% | 51.5% |
| Revenue YoY | 9.0% | 2.7% |
| Net Profit YoY | -6.7% | 4.4% |
| EPS (diluted) | $0.30 | $1.11 |
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 | $300.5M | ||
| Q3 25 | $670.5M | $303.2M | ||
| Q2 25 | $390.5M | $298.6M | ||
| Q1 25 | $351.0M | $294.8M | ||
| Q4 24 | $250.4M | $292.7M | ||
| Q3 24 | $551.3M | $313.4M | ||
| Q2 24 | $318.4M | $298.6M | ||
| Q1 24 | $333.8M | $301.7M |
| Q4 25 | $15.4M | $154.8M | ||
| Q3 25 | $86.9M | $141.4M | ||
| Q2 25 | $32.9M | $141.8M | ||
| Q1 25 | $31.6M | $144.6M | ||
| Q4 24 | $16.5M | $148.3M | ||
| Q3 24 | $81.5M | $151.9M | ||
| Q2 24 | $38.7M | $151.9M | ||
| Q1 24 | $45.0M | $152.4M |
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 20.4% | 97.2% | ||
| Q1 25 | 22.6% | 97.0% | ||
| Q4 24 | 22.0% | 96.6% | ||
| Q3 24 | 23.9% | 97.0% | ||
| Q2 24 | 22.5% | 96.8% | ||
| Q1 24 | 24.9% | 96.9% |
| Q4 25 | 7.6% | 76.2% | ||
| Q3 25 | 16.9% | 65.5% | ||
| Q2 25 | 11.2% | 58.6% | ||
| Q1 25 | 11.6% | 63.9% | ||
| Q4 24 | 8.7% | 83.6% | ||
| Q3 24 | 19.7% | 68.4% | ||
| Q2 24 | 16.2% | 63.0% | ||
| Q1 24 | 17.6% | 65.8% |
| Q4 25 | 5.6% | 51.5% | ||
| Q3 25 | 13.0% | 46.7% | ||
| Q2 25 | 8.4% | 47.5% | ||
| Q1 25 | 9.0% | 49.0% | ||
| Q4 24 | 6.6% | 50.7% | ||
| Q3 24 | 14.8% | 48.5% | ||
| Q2 24 | 12.2% | 50.9% | ||
| Q1 24 | 13.5% | 50.5% |
| Q4 25 | $0.30 | $1.11 | ||
| Q3 25 | $1.70 | $1.03 | ||
| Q2 25 | $0.65 | $1.02 | ||
| Q1 25 | $0.62 | $0.98 | ||
| Q4 24 | $0.32 | $0.97 | ||
| Q3 24 | $1.59 | $0.99 | ||
| Q2 24 | $0.76 | $0.98 | ||
| Q1 24 | $0.89 | $0.98 |
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 | $24.8M |
| Total DebtLower is stronger | $793.2M | — |
| Stockholders' EquityBook value | $1.8B | $4.8B |
| Total Assets | $3.2B | $8.1B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.7M | $24.8M | ||
| Q3 25 | $379.2M | $15.3M | ||
| Q2 25 | $189.2M | $22.1M | ||
| Q1 25 | $174.3M | $24.2M | ||
| Q4 24 | $132.0M | $19.2M | ||
| Q3 24 | $481.2M | $28.1M | ||
| Q2 24 | $359.2M | $13.8M | ||
| Q1 24 | $416.2M | $27.0M |
| 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 | $4.8B | ||
| Q3 25 | $1.8B | $4.7B | ||
| Q2 25 | $1.7B | $4.5B | ||
| Q1 25 | $1.6B | $4.6B | ||
| Q4 24 | $1.6B | $4.6B | ||
| Q3 24 | $1.6B | $4.7B | ||
| Q2 24 | $1.5B | $4.5B | ||
| Q1 24 | $1.5B | $4.4B |
| Q4 25 | $3.2B | $8.1B | ||
| Q3 25 | $3.1B | $8.2B | ||
| Q2 25 | $3.1B | $9.6B | ||
| Q1 25 | $3.0B | $8.8B | ||
| Q4 24 | $3.0B | $8.7B | ||
| Q3 24 | $2.8B | $8.4B | ||
| Q2 24 | $2.7B | $8.1B | ||
| Q1 24 | $2.6B | $7.8B |
| 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 | $119.9M |
| Free Cash FlowOCF − Capex | $-157.1M | $115.7M |
| FCF MarginFCF / Revenue | -57.5% | 38.5% |
| Capex IntensityCapex / Revenue | 0.0% | 1.4% |
| Cash ConversionOCF / Net Profit | -10.19× | 0.77× |
| TTM Free Cash FlowTrailing 4 quarters | $93.0M | $-174.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-157.0M | $119.9M | ||
| Q3 25 | $256.3M | $358.4M | ||
| Q2 25 | $15.8M | $-713.3M | ||
| Q1 25 | $-19.8M | $67.8M | ||
| Q4 24 | $-450.0M | $-663.6M | ||
| Q3 24 | $119.2M | $-237.9M | ||
| Q2 24 | $-61.7M | $-207.3M | ||
| Q1 24 | $-59.2M | $51.0M |
| Q4 25 | $-157.1M | $115.7M | ||
| Q3 25 | $255.6M | $357.6M | ||
| Q2 25 | $15.0M | $-714.6M | ||
| Q1 25 | $-20.5M | $66.6M | ||
| Q4 24 | — | $-665.1M | ||
| Q3 24 | $118.4M | $-239.2M | ||
| Q2 24 | $-62.3M | $-208.3M | ||
| Q1 24 | $-59.8M | $49.5M |
| Q4 25 | -57.5% | 38.5% | ||
| Q3 25 | 38.1% | 117.9% | ||
| Q2 25 | 3.8% | -239.4% | ||
| Q1 25 | -5.8% | 22.6% | ||
| Q4 24 | — | -227.3% | ||
| Q3 24 | 21.5% | -76.3% | ||
| Q2 24 | -19.6% | -69.8% | ||
| Q1 24 | -17.9% | 16.4% |
| Q4 25 | 0.0% | 1.4% | ||
| Q3 25 | 0.1% | 0.3% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.2% | 0.4% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.2% | 0.4% | ||
| Q1 24 | 0.2% | 0.5% |
| Q4 25 | -10.19× | 0.77× | ||
| Q3 25 | 2.95× | 2.53× | ||
| Q2 25 | 0.48× | -5.03× | ||
| Q1 25 | -0.63× | 0.47× | ||
| Q4 24 | -27.27× | -4.47× | ||
| Q3 24 | 1.46× | -1.57× | ||
| Q2 24 | -1.59× | -1.36× | ||
| Q1 24 | -1.32× | 0.34× |
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% |
RDN
Segment breakdown not available.
