KB Home

NYSE•KBH

CEO: Mr. Jeffrey T. Mezger

Sector: Consumer Cyclical

Industry: Residential Construction

Listing Date: 1986-08-01

KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers. The company also provides financial services, such as insurance products and title services, as well as mortgage banking services, including residential consumer mortgage loans to homebuyers. It has operations in Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, Texas, and Washington. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is based in Los Angeles, California.

Contact Information

10990 Wilshire Boulevard, 7th Floor, Los Angeles, CA, 90024, United States

310-231-4000

www.kbhome.com

Market Cap

$3.62B

P/E (TTM)

8.5

Dividend Yield

1.7%

52W High

$68.71

52W Low

$48.90

52W Range

43%

Rank30Top 19.5%

5.1

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.1 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.69B-15.28%

4-Quarter Trend

EPS

$1.59-38.61%

4-Quarter Trend

FCF

$293.02M-16.89%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Homebuilding Revenue Decline Homebuilding revenues fell 10% to $6.21B in 2025, driven by 9% fewer homes delivered across all segments.

Net Income Plummets Net income dropped 35% to $428.8M in 2025; diluted EPS decreased 27% to $6.15 per share.

Gross Margin Compression Housing gross profit margin compressed 240 basis points to 18.6% due to strategic price cuts and higher land costs.

Strong Liquidity Maintained Total liquidity remains robust at $1.43B; company executed $538.5M in common stock repurchases during 2025.

Risk Factors

Consumer Demand Softness Net orders fell 11% to 11,596 units; soft confidence and high rates limited actionable buyers throughout 2025.

Financial Services Income Drop Financial services pretax income declined 28% to $34.979M, reflecting lower equity income from KBHS joint venture.

Backlog Conversion Slowdown Ending backlog homes decreased 29% to 3,128 units, reflecting lower net orders despite build time improvements.

Inflationary Cost Headwinds Economic trends and general inflation expected to continue creating headwinds into 2026, negatively impacting margins.

Outlook

2026 Delivery Projections Expect 2026 full year deliveries between 11,000 and 12,500 homes, supported by strong balance sheet.

Built to Order Focus Aim to shift home delivery mix closer to historical 60%-70% Built to Order average during 2026.

Capital Return Plans Plan to repurchase $50M to $100M of common stock in Q1 2026, maintaining strong financial flexibility.

Margin Headwinds Expected Expect 2026 Q1 housing gross margin between 15.4% and 16.0%, reflecting price reductions impact.

Peer Comparison

Revenue (TTM)

ABG

$18.00B

+4.7%

PVH

$8.82B

+0.5%

TMHC

$8.12B

-0.6%

Gross Margin (Latest Quarter)

PVH

56.3%

-2.0pp

CHH

46.0%

+3.8pp

DORM

41.6%

+3.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
TMHC	$5.88B	7.5	12.8%	24.0%
RUSHA	$5.01B	19.1	12.1%	35.0%
MTH	$4.79B	10.4	8.7%	24.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

6.8%

Steady Growth

4Q Net Income CAGR

-2.5%

Stable Profitability

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Mar 23, 2026

EPS:$0.53

Revenue:$1.10B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data