Tearsheet
Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. KBH Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

KB Home (KBH)

Market Price (9/18/2025): $65.03 | Market Cap: $4.6 Bil
Sector: Consumer Discretionary | Industry: Homebuilding

KB Home (KBH)

Market Price (9/18/2025): $65.03
Market Cap: $4.6 Bil
Sector: Consumer Discretionary
Industry: Homebuilding

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.3%		 Weak multi-year price returns
2Y Excs Rtn is -11%		 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 43x
1 Low stock price volatility
Vol 12M is 37%		  Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -11%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.3%
1 Low stock price volatility
Vol 12M is 37%
2 Weak multi-year price returns
2Y Excs Rtn is -11%
3 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 43x
4 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -11%

Market Valuation

 9/18/252024202320222021
Share Price CYE$65.03$64.89$60.85$30.57$42.16
Market Cap CYE ($ Bil)4.64.74.72.63.7
Total Debt ($ Bil)1.91.71.71.91.7
Total Cash ($ Bil)0.30.60.70.30.3
Enterprise Value ($ Bil)6.26.46.44.55.4
Valuation Ratios     
P/S TTM0.70.70.80.40.7
P/EBIT TTM6.66.26.82.66.0
P/E TTM8.17.58.63.47.2
Sector Ratios     
P/S TTM (Sector)0.80.80.90.81.3
P/EBIT TTM (Sector)7.26.97.05.57.4
P/E TTM (Sector)9.58.18.97.39.2
 9/18/2520242023
Share Price CYE$65.03$64.89$60.85
Market Cap CYE ($ Bil)4.64.74.7
Total Debt ($ Bil)1.91.71.7
Total Cash ($ Bil)0.30.60.7
Enterprise Value ($ Bil)6.26.46.4
Valuation Ratios   
P/S TTM0.70.70.8
P/EBIT TTM6.66.26.8
P/E TTM8.17.58.6
Sector Ratios   
P/S TTM (Sector)0.80.80.9
P/EBIT TTM (Sector)7.26.97.0
P/E TTM (Sector)9.58.18.9

Market Cap Chart

Business Description

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. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
KBH Return-1%35%-27%99%7%0%110%
Peers Return37%45%-26%80%-8%10%166%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: IBP, TMHC, MTH, LGIH, DHI. See KBH Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Better Bets than KB Home (KBH)

 KBHBetter Performance than KBH
MetricValueIndustry (Homebuilding)
Rev Chg LTM3.7%PHM (5.0%), NVR (6.4%), TMHC (13.8%), CVCO (16.6%), SKY (16.9%)
Rev Chg 3Y Avg2.4%DHI (2.9%), LEN (5.9%), PHM (6.6%), NVR (3.1%), TOL (4.4%)
Op Mgn LTM10.4%DHI (14.2%), LEN (11.5%), PHM (19.9%), NVR (17.6%), TOL (16.3%)
CFO/Rev LTM1.6%DHI (8.4%), PHM (8.2%), NVR (11.7%), TOL (9.1%), BLD (16.4%)
FCF/Rev LTM1.0%DHI (8.1%), PHM (7.4%), NVR (11.4%), TOL (8.4%), BLD (15.2%)
Total Yield12.8%TMHC (13.3%), MTH (14.0%), CCS (13.6%), HOV (16.8%)
 KBHBetter Performance than KBH
MetricValueAll Other Sectors
Rev Chg LTM3.7%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), META (19.4%)
Rev Chg 3Y Avg2.4%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), META (13.0%), AVGO (24.0%)
Op Mgn LTM10.4%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM1.6%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM1.0%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield12.8%VZ (15.8%), PFE (13.2%), TD (15.5%), CMCSA (16.8%), MO (14.2%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1KB Home Earnings Notes  
2How Does KBH Stack Up Against Its Peers?Peer Comparison 
3Better Bet Than KBH Stock: Pay Less Than KB Home To Get More From UAL, IBKR   
4Better Bet Than KBH Stock: Pay Less Than KB Home To Get More From DFH   
5Better Bet Than KBH Stock: Pay Less Than KB Home To Get More From DFH   
6KBH Dip Buy Analysis  
7KB Home Total Shareholder Return (TSR): 61.0% in 2024 and 30.1% 3-yr compounded annual returns (above peer average)  
8KB Home (KBH) Operating Cash Flow ComparisonFinancials 
9KB Home (KBH) Net Income ComparisonFinancials 
10KB Home (KBH) Operating Income ComparisonFinancials 
11ARTICLES  
12With Mortgage Rates At Decade Highs, What’s The Outlook Like For Housing Stocks? May 10th, 2022
13KB Home Stock Fell 6% In The Last Week, What To Expect? June 29th, 2021
14Are The Cracks Begining To Show In The U.S. Housing Market? June 28th, 2021
15KB Home, Floor & Decor: Are Housing Stocks Still Worth A Look? June 1st, 2021
16KB Home, Lennar: Are Housing Stocks Getting Too Hot? April 26th, 2021
Title
0DASHBOARDS
1With Mortgage Rates At Decade Highs, What’s The Outlook Like For Housing Stocks?
2KB Home Stock Fell 6% In The Last Week, What To Expect?
3Are The Cracks Begining To Show In The U.S. Housing Market?
4KB Home, Floor & Decor: Are Housing Stocks Still Worth A Look?
5KB Home, Lennar: Are Housing Stocks Getting Too Hot?
6ARTICLES
7KB Home Earnings Notes
8How Does KBH Stack Up Against Its Peers?
9Better Bet Than KBH Stock: Pay Less Than KB Home To Get More From UAL, IBKR 
10Better Bet Than KBH Stock: Pay Less Than KB Home To Get More From DFH 
11Better Bet Than KBH Stock: Pay Less Than KB Home To Get More From DFH 
12KBH Dip Buy Analysis
13KB Home Total Shareholder Return (TSR): 61.0% in 2024 and 30.1% 3-yr compounded annual returns (above peer average)
14KB Home (KBH) Operating Cash Flow Comparison
15KB Home (KBH) Net Income Comparison
16KB Home (KBH) Operating Income Comparison

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical11931.7%11931.7%
2GIBOGIBO10714.0% 
3LNZALanzaTech Global8455.2%-86.3%
4GTIGraphjet Technology3998.4%-93.1%
5GWAVGreenwave Technology Solutions3582.8%-91.4%
6QMMMQMMM3409.6%8153.1%
7ECDAECD Automotive Design2715.2%307.9%
8OESXOrion Energy Systems1373.7%14.2%
9OPOceanPal1266.5%-95.6%
10BCTXBriaCell Therapeutics1032.4%-89.8%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-94.5%-96.0%
2STFSStar Fashion Culture-92.3%-97.9%
3ELPWElong Power-91.1%-76.9%
4NXTTNext Technology-90.1%-95.4%
5EPIXESSA Pharma-89.4%-8.9%
6NAKAKindly MD-88.1% 
7BINIBollinger Innovations-87.6%-100.0%
8JEM707 Cayman-87.4%-98.2%
9YAASYouxin Technology-83.3%-98.4%
10NEONNeonode-82.5%-51.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for KB Home

Financials

KBHIBPTMHCMTHLGIHDHIMedian
NameKB Home Installe.Taylor M.Meritage.LGI HomesD.R. Hor. 
Mkt Price65.03258.6868.1975.4657.50169.9871.82
Mkt Cap4.67.16.85.41.351.76.1
Rev LTM6,6742,9568,4036,2192,04434,5756,447
Op Inc LTM6943711,2637801664,892737
FCF LTM65277490-248-1762,785171
FCF 3Y Avg552278587206-1752,707415
CFO LTM107359525-220-1742,911233
CFO 3Y Avg593347627237-1742,856470

Growth & Margins

KBHIBPTMHCMTHLGIHDHIMedian
NameKB Home Installe.Taylor M.Meritage.LGI HomesD.R. Hor. 
Rev Chg LTM3.7%3.4%13.8%-3.7%-7.9%-7.3%-0.1%
Rev Chg 3Y Avg2.4%8.9%1.9%4.7%-9.6%2.9%2.7%
Rev Chg Q-10.5%3.1%2.0%-4.0%-19.8%-7.4%-5.7%
QoQ Delta Rev Chg LTM-2.6%0.8%0.5%-1.1%-5.5%-2.1%-1.6%
Op Mgn LTM10.4%12.5%15.0%12.5%8.1%14.2%12.5%
Op Mgn 3Y Avg12.0%12.9%15.4%14.9%9.6%16.3%13.9%
QoQ Delta Op Mgn LTM-0.6%-0.1%0.0%-1.5%-0.8%-1.0%-0.7%
CFO/Rev LTM1.6%12.1%6.3%-3.5%-8.5%8.4%3.9%
CFO/Rev 3Y Avg8.8%12.1%7.5%3.6%-8.1%8.1%7.8%
FCF/Rev LTM1.0%9.4%5.8%-4.0%-8.6%8.1%3.4%
FCF/Rev 3Y Avg8.2%9.7%7.0%3.2%-8.1%7.7%7.3%

Valuation

KBHIBPTMHCMTHLGIHDHIMedian
NameKB Home Installe.Taylor M.Meritage.LGI HomesD.R. Hor. 
Mkt Cap4.67.16.85.41.351.76.1
P/S0.72.40.80.90.71.50.8
P/EBIT6.619.05.46.58.110.67.3
P/E8.028.37.58.48.613.08.5
P/CFO42.619.712.9-24.5-7.717.815.3
Total Yield12.8%4.8%13.3%14.0%11.7%8.6%12.3%
Dividend Yield0.4%1.2%0.0%2.1%0.0%0.9%0.7%
FCF Yield 3Y Avg12.3%5.8%10.8%3.8%-10.4%6.5%6.1%
D/E0.40.10.30.31.30.10.3
Net D/E0.40.10.30.21.30.10.2

Returns

KBHIBPTMHCMTHLGIHDHIMedian
NameKB Home Installe.Taylor M.Meritage.LGI HomesD.R. Hor. 
1M Rtn4.5%-2.4%0.1%-1.7%-12.0%2.9%-0.8%
3M Rtn29.0%58.3%18.8%21.5%21.5%40.5%25.3%
6M Rtn6.7%49.5%13.3%7.3%-21.1%31.1%10.3%
12M Rtn-23.8%10.6%-2.2%-24.4%-52.6%-12.0%-17.9%
3Y Rtn140.1%218.7%182.6%112.3%-33.5%146.1%143.1%
1M Excs Rtn2.2%-4.7%-2.2%-4.1%-14.4%0.6%-3.2%
3M Excs Rtn18.7%48.9%8.8%11.0%10.0%31.8%14.8%
6M Excs Rtn-8.7%33.8%-1.3%-8.2%-38.0%16.2%-4.8%
12M Excs Rtn-40.5%0.6%-18.0%-41.2%-67.1%-29.1%-34.8%
3Y Excs Rtn67.3%135.1%107.7%35.4%-99.9%75.7%71.5%

Comparison Analyses

Financials

$ Mil | FY: 11/302025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End5/31/20252/28/202511/30/20248/31/20245/31/20242/29/202411/30/20238/31/20235/31/20232/28/202311/30/20228/31/2022
Filing Date7/10/20254/9/20251/24/202510/10/20247/5/20244/5/20241/19/202410/6/20237/7/20234/7/20231/20/202310/7/2022
Key Financials Quarterly            
Total Revenue1,5301,3922,0001,7531,7101,4681,6741,5871,7651,3841,9401,845
Ebitda144139243203205172198194217170293338
Operating Income135131234194195162189185208161284330
Net Income108110191157168139150150164126216255
EPS1.531.522.592.102.211.811.911.862.001.492.542.94
Key Financials TTM            
Total Revenue TTM6,6746,8546,9306,6046,4396,4946,4116,6776,9356,8896,9046,639
Ebitda TTM7307918237777687817798741,0171,0761,0871,021
Operating Income TTM6947547867407317447438389831,0431,055990
Net Income TTM565626655615607603590656762808817774
Growth Rates Quarterly            
Total Revenue Growth-10.5%-5.2%19.5%10.4%-3.1%6.0%-13.7%-14.0%2.6%-1.0%15.8%25.8%
EBITDA Growth-29.6%-18.8%23.0%4.7%-5.8%1.1%-32.4%-42.5%-21.4%-6.0%29.2%87.0%
Operating Income Growth-30.9%-19.5%24.4%4.8%-6.3%0.8%-33.7%-43.9%-22.4%-6.9%29.7%89.5%
Net Income Growth-35.9%-21.0%26.8%4.9%2.4%10.5%-30.5%-41.3%-21.9%-6.5%24.2%70.1%
Margins Quarterly            
EBITDA Margin9.4%10.0%12.2%11.6%12.0%11.7%11.8%12.2%12.3%12.3%15.1%18.3%
Operating Income Margin8.8%9.4%11.7%11.1%11.4%11.1%11.3%11.7%11.8%11.6%14.7%17.9%
Net Income Margin7.1%7.9%9.5%9.0%9.9%9.4%9.0%9.4%9.3%9.1%11.2%13.8%
Cash & Debt            
Total Cash311269599376644668727612557261330197
Total Debt1,9161,8151,7131,7131,7201,7191,7161,7151,7131,8171,8662,057
Net Debt / (Cash)1,6051,5451,1131,3371,0751,0509891,1031,1561,5561,5361,860
Cash Flows Quarterly            
FCF from Operations168-334363-9061293101645159440791
Cash Flows TTM            
FCF from Operations TTM107-03633105641,0171,0831,1801,107528183-81
Returns to Shareholders Quarterly            
Dividends171918181916151613121313
Share Repurchases2005010415050501628292755050
Return on Invested Capital (ROIC) Quarterly            
ROIC23.0%19.5%40.9%44.0%55.2%49.0%57.4%51.7%55.1%31.3%50.5%48.9%
Return on Invested Capital (ROIC) TTM            
ROIC TTM30.0%27.5%34.3%42.4%52.2%54.5%57.4%58.3%65.5%50.1%47.0%35.9%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Homebuilding6,3816,8805,7054,1684,538
Financial Services3023201515
Total6,4116,9045,7254,1834,553


Operating Income by Segment
$ Mil20242023202220212020
Financial Services2418151111
Total2418151111


Assets by Segment
$ Mil20242023202220212020
Homebuilding6,591  5,3204,977
Financial Services57  3638
Total6,648  5,3565,015


Price Behavior

KBH Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta1.061.361.270.610.631.03
Up Beta3.182.391.610.580.541.05
Down Beta-3.07-2.87-0.310.230.220.64
Up Capture225%267%199%90%72%217%
Bmk +ve Days10223571142415
Stock +ve Days12233665118394
Down Capture23%147%106%94%112%103%
Bmk -ve Days11192754106334
Stock -ve Days9192761130354

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity5,809,156
Short Interest: % Change Since 8152025-5.6%
Average Daily Volume1,241,402
Days-to-Cover Short Interest4.68
Basic Shares Quantity69,976,000
Short % of Basic Shares8.3%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/23/2025-0.5%-0.7%6.1%
3/24/2025-5.2%-5.9%-13.5%
1/13/20254.8%4.6%0.2%
9/24/2024-5.4%-2.5%-11.5%
6/18/20242.9%1.1%17.6%
3/20/2024-1.8%-0.5%-12.7%
1/10/2024-1.2%-3.3%-3.3%
9/20/2023-4.3%-4.8%-11.5%
...
SUMMARY STATS   
# Positive9712
# Negative151712
Median Positive2.9%7.2%11.8%
Median Negative-4.6%-3.3%-7.2%
Max Positive16.5%18.6%31.4%
Max Negative-11.9%-15.0%-13.5%

SEC Filings

Expand for More

Report DateFiling DateFiling
5312025710202510-Q 5/31/2025
2282025409202510-Q 2/28/2025
11302024124202510-K 11/30/2024
83120241010202410-Q 8/31/2024
5312024705202410-Q 5/31/2024
2292024405202410-Q 2/29/2024
11302023119202410-K 11/30/2023
83120231006202310-Q 8/31/2023
5312023707202310-Q 5/31/2023
2282023407202310-Q 2/28/2023
11302022120202310-K 11/30/2022
83120221007202210-Q 8/31/2022
5312022708202210-Q 5/31/2022
2282022408202210-Q 2/28/2022
11302021121202210-K 11/30/2021
83120211008202110-Q 8/31/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Collins Arthur Reginald 5162025Sell54.385,000271,900558,048Form
1PRAW ALBERT ZEVP, Real Estate & Bus. Dev.11152024Sell79.1818,3241,450,8949,278,946Form

External Quote Links


Prefer one of these to Trefis? Tell us why.