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Side-by-side financial comparison of Forestar Group Inc. (FOR) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
OLYMPIC STEEL INC is the larger business by last-quarter revenue ($490.7M vs $273.0M, roughly 1.8× Forestar Group Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs 0.4%, a 5.2% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs 4.4%). OLYMPIC STEEL INC produced more free cash flow last quarter ($-12.9M vs $-157.1M). Over the past eight quarters, OLYMPIC STEEL INC's revenue compounded faster (0.1% 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...
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
FOR vs ZEUS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.0M | $490.7M |
| Net Profit | $15.4M | $2.2M |
| Gross Margin | 20.1% | — |
| Operating Margin | 7.6% | 1.5% |
| Net Margin | 5.6% | 0.4% |
| Revenue YoY | 9.0% | 4.4% |
| Net Profit YoY | -6.7% | -21.2% |
| EPS (diluted) | $0.30 | $0.18 |
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 | $490.7M | ||
| Q2 25 | $390.5M | $496.5M | ||
| Q1 25 | $351.0M | $492.9M | ||
| Q4 24 | $250.4M | $418.8M | ||
| Q3 24 | $551.3M | $470.0M | ||
| Q2 24 | $318.4M | $526.3M | ||
| Q1 24 | $333.8M | $526.6M |
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | $2.2M | ||
| Q2 25 | $32.9M | $5.2M | ||
| Q1 25 | $31.6M | $2.5M | ||
| Q4 24 | $16.5M | $3.9M | ||
| Q3 24 | $81.5M | $2.7M | ||
| Q2 24 | $38.7M | $7.7M | ||
| Q1 24 | $45.0M | $8.7M |
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 20.4% | — | ||
| Q1 25 | 22.6% | — | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 23.9% | — | ||
| Q2 24 | 22.5% | — | ||
| Q1 24 | 24.9% | — |
| Q4 25 | 7.6% | — | ||
| Q3 25 | 16.9% | 1.5% | ||
| Q2 25 | 11.2% | 2.3% | ||
| Q1 25 | 11.6% | 1.6% | ||
| Q4 24 | 8.7% | 2.1% | ||
| Q3 24 | 19.7% | 1.7% | ||
| Q2 24 | 16.2% | 2.9% | ||
| Q1 24 | 17.6% | 3.0% |
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | 0.4% | ||
| Q2 25 | 8.4% | 1.1% | ||
| Q1 25 | 9.0% | 0.5% | ||
| Q4 24 | 6.6% | 0.9% | ||
| Q3 24 | 14.8% | 0.6% | ||
| Q2 24 | 12.2% | 1.5% | ||
| Q1 24 | 13.5% | 1.7% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.70 | $0.18 | ||
| Q2 25 | $0.65 | $0.45 | ||
| Q1 25 | $0.62 | $0.21 | ||
| Q4 24 | $0.32 | $0.33 | ||
| Q3 24 | $1.59 | $0.23 | ||
| Q2 24 | $0.76 | $0.66 | ||
| Q1 24 | $0.89 | $0.75 |
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 | $7.5M |
| Total DebtLower is stronger | $793.2M | $240.9M |
| Stockholders' EquityBook value | $1.8B | $579.1M |
| Total Assets | $3.2B | $1.1B |
| Debt / EquityLower = less leverage | 0.44× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | $7.5M | ||
| Q2 25 | $189.2M | $14.8M | ||
| Q1 25 | $174.3M | $13.3M | ||
| Q4 24 | $132.0M | $11.9M | ||
| Q3 24 | $481.2M | $11.1M | ||
| Q2 24 | $359.2M | $9.4M | ||
| Q1 24 | $416.2M | $10.3M |
| Q4 25 | $793.2M | — | ||
| Q3 25 | $802.7M | $240.9M | ||
| Q2 25 | $872.8M | $233.2M | ||
| Q1 25 | $872.5M | $235.4M | ||
| Q4 24 | $806.8M | $272.5M | ||
| Q3 24 | $706.4M | $197.3M | ||
| Q2 24 | $706.1M | $209.2M | ||
| Q1 24 | $705.7M | $196.8M |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $579.1M | ||
| Q2 25 | $1.7B | $578.2M | ||
| Q1 25 | $1.6B | $574.2M | ||
| Q4 24 | $1.6B | $573.9M | ||
| Q3 24 | $1.6B | $570.6M | ||
| Q2 24 | $1.5B | $569.5M | ||
| Q1 24 | $1.5B | $563.0M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $1.1B | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $3.0B | $1.0B | ||
| Q3 24 | $2.8B | $1.0B | ||
| Q2 24 | $2.7B | $1.0B | ||
| Q1 24 | $2.6B | $1.0B |
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.45× | 0.42× | ||
| Q2 25 | 0.52× | 0.40× | ||
| Q1 25 | 0.53× | 0.41× | ||
| Q4 24 | 0.50× | 0.47× | ||
| Q3 24 | 0.44× | 0.35× | ||
| Q2 24 | 0.47× | 0.37× | ||
| Q1 24 | 0.48× | 0.35× |
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 | $-5.4M |
| Free Cash FlowOCF − Capex | $-157.1M | $-12.9M |
| FCF MarginFCF / Revenue | -57.5% | -2.6% |
| Capex IntensityCapex / Revenue | 0.0% | 1.5% |
| Cash ConversionOCF / Net Profit | -10.19× | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | $93.0M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-157.0M | — | ||
| Q3 25 | $256.3M | $-5.4M | ||
| Q2 25 | $15.8M | $15.5M | ||
| Q1 25 | $-19.8M | $49.4M | ||
| Q4 24 | $-450.0M | $14.6M | ||
| Q3 24 | $119.2M | $24.6M | ||
| Q2 24 | $-61.7M | $-2.9M | ||
| Q1 24 | $-59.2M | $-2.6M |
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | $-12.9M | ||
| Q2 25 | $15.0M | $6.8M | ||
| Q1 25 | $-20.5M | $40.6M | ||
| Q4 24 | — | $7.4M | ||
| Q3 24 | $118.4M | $15.6M | ||
| Q2 24 | $-62.3M | $-11.3M | ||
| Q1 24 | $-59.8M | $-7.4M |
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | -2.6% | ||
| Q2 25 | 3.8% | 1.4% | ||
| Q1 25 | -5.8% | 8.2% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | 21.5% | 3.3% | ||
| Q2 24 | -19.6% | -2.2% | ||
| Q1 24 | -17.9% | -1.4% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | 1.5% | ||
| Q2 25 | 0.2% | 1.7% | ||
| Q1 25 | 0.2% | 1.8% | ||
| Q4 24 | 0.0% | 1.7% | ||
| Q3 24 | 0.1% | 1.9% | ||
| Q2 24 | 0.2% | 1.6% | ||
| Q1 24 | 0.2% | 0.9% |
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | -2.50× | ||
| Q2 25 | 0.48× | 2.96× | ||
| Q1 25 | -0.63× | 19.70× | ||
| Q4 24 | -27.27× | 3.75× | ||
| Q3 24 | 1.46× | 9.01× | ||
| Q2 24 | -1.59× | -0.38× | ||
| Q1 24 | -1.32× | -0.30× |
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% |
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |
