Invesaro

Stocks Comparison

Forestar vs Millrose Properties: revenue, profit, margins and growth compared

Forestar brought in $1.7B of revenue in fiscal 2025, Millrose Properties $600.5M in fiscal 2025. Forestar kept 10.1% of its revenue as net profit, Millrose Properties 63.3%.

Side by side, latest fiscal year

FORMRP
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$1.7B$600.5M
Revenue growth+10.1%n/a
Net income$167.9M$379.9M
Net margin10.1%63.3%
Free cash flow-$199.9Mn/a
Free cash flow margin-12.0%n/a
Earnings per share (diluted)$3.29$2.44
Cash$379.2M$35M
Debt$802.7Mn/a
Price to earnings8.111.1
Market value$1.4B$4.5B
Dividend yieldn/a9.38%
Rank by revenue in sector#157 of 444 · Finance#229 of 444 · Finance

Over the years

Revenue
FOR FY2017: $114.3MFOR FY2019: $428.3MFOR FY2020: $931.8MFOR FY2021: $1.3BFOR FY2022: $1.5BFOR FY2023: $1.4BFOR FY2024: $1.5BFOR FY2025: $1.7BMRP FY2025: $600.5MFY17FY19FY20FY21FY22FY23FY24FY25
FOR $1.7BMRP $600.5M
Net income
FOR FY2017: $50.3MFOR FY2019: $33MFOR FY2020: $60.8MFOR FY2021: $110.2MFOR FY2022: $178.8MFOR FY2023: $166.9MFOR FY2024: $203.4MFOR FY2025: $167.9MMRP FY2023: -$209.8MMRP FY2025: -$246.2MMRP FY2025: $379.9MFY17FY19FY20FY21FY22FY23FY24FY25
FOR $167.9MMRP $379.9M
Net margin
FOR FY2017: 44.0%FOR FY2019: 7.7%FOR FY2020: 6.5%FOR FY2021: 8.3%FOR FY2022: 11.8%FOR FY2023: 11.6%FOR FY2024: 13.5%FOR FY2025: 10.1%MRP FY2025: 63.3%FY17FY19FY20FY21FY22FY23FY24FY25
FOR 10.1%MRP 63.3%
Revenue growth
FOR FY2020: +117.6%FOR FY2021: +42.3%FOR FY2022: +14.6%FOR FY2023: -5.4%FOR FY2024: +5.0%FOR FY2025: +10.1%FY20FY21FY22FY23FY24FY25
FOR +10.1%MRP
Free cash flow
FOR FY2017: -$15.4MFOR FY2019: -$392.1MFOR FY2020: -$169MFOR FY2021: -$304.7MFOR FY2022: $105.2MFOR FY2023: $362.8MFOR FY2024: -$160.6MFOR FY2025: -$199.9MFY17FY19FY20FY21FY22FY23FY24FY25
FOR -$199.9MMRP

Fiscal years as each company reports them; the two may end in different months.

Questions about Forestar and Millrose Properties

Which is bigger by revenue, Forestar or Millrose Properties?

Forestar is bigger by revenue: $1.7B in fiscal 2025, against $600.5M for Millrose Properties in fiscal 2025.

Which keeps more of its revenue as profit, Forestar or Millrose Properties?

Forestar had a net margin of 10.1% in fiscal 2025; Millrose Properties had 63.3% in fiscal 2025.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies