Earnings Per Share (Tables)

6 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computations of basic and diluted earnings per share are as follows:

	Three Months Ended March 31,				Six Months Ended March 31,
	2026		2025		2026		2025
	(In millions, except share and per share amounts)
Numerator:
Net income attributable to Forestar Group Inc.	$	32.1	$	31.6	$	47.5	$	48.1
Denominator:
Weighted average common shares outstanding — basic	51,001,796		50,795,094		50,999,492		50,807,945
Dilutive effect of stock-based compensation	208,083		251,630		196,050		258,376
Total weighted average shares outstanding — diluted	51,209,879		51,046,724		51,195,542		51,066,321
Basic net income per common share	$	0.63	$	0.62	$	0.93	$	0.95
Diluted net income per common share	$	0.63	$	0.62	$	0.93	$	0.94