KB HOME KBH
KB Home is one of the largest and most trusted homebuilders in the U.S. We have been building homes for nearly 70
years, with over 700,000 homes built since our founding in 1957. We build a variety of new homes, including attached and
detached single-family residential homes, townhomes and condominiums, designed primarily for first-time and first move-up,
as well as second move-up and active adult, homebuyers. We offer homes in development communities, at urban in-fill
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.24B | $6.93B | $6.41B | $6.90B | $5.72B | $4.18B | $4.55B | $4.55B | $4.37B | $3.59B |
| SG&A | — | — | — | — | — | — | — | $444.2M | $426.4M | $389.4M |
| Operating income | — | — | — | — | — | — | — | $345.7M | $283.4M | $152.4M |
| Interest expense | — | — | — | — | — | — | $0 | $0 | $622.0K | $5.9M |
| Pre-tax income | $554.2M | $850.9M | $771.3M | $1.07B | $695.3M | $364.0M | $348.2M | $368.0M | $290.0M | $149.3M |
| Income tax | $125.4M | $195.9M | $181.1M | $255.4M | $130.6M | $67.8M | $79.4M | $197.6M | $109.4M | $43.7M |
| Net income | $428.8M | $655.0M | $590.2M | $816.7M | $564.7M | $296.2M | $268.8M | $170.4M | $180.6M | $105.6M |
| EPS, basic | 6.28 | 8.70 | 7.25 | 9.35 | 6.22 | 3.26 | 3.04 | 1.93 | 2.09 | 1.23 |
| EPS, diluted | 6.15 | 8.45 | 7.03 | 9.09 | 6.01 | 3.13 | 2.85 | 1.71 | 1.85 | 1.12 |
| Shares, diluted (wtd. avg.) | 69.3M | 77.0M | 83.4M | 89.3M | 93.6M | 94.1M | 93.8M | 101.1M | 98.3M | 96.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $230.4M | $599.2M | $727.3M | $330.2M | $292.1M | $682.5M | $454.9M | $575.1M | $720.9M | $593.0M |
| Property, plant and equipment | $101.5M | $90.4M | $88.3M | $89.2M | $76.3M | $65.5M | $65.0M | $24.3M | $19.5M | $14.2M |
| Total assets | $6.68B | $6.94B | $6.65B | $6.65B | $5.84B | $5.36B | $5.02B | $5.07B | $5.04B | $5.13B |
| Retained earnings | $3.63B | $3.27B | $3.68B | $3.14B | $2.38B | $1.87B | $2.16B | $1.90B | $1.74B | $1.56B |
| Total equity | $3.90B | $4.06B | $3.81B | $3.66B | $3.02B | $2.67B | $2.38B | $2.09B | $1.93B | $1.72B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $335.7M | $362.7M | $1.08B | $183.4M | -$37.3M | $310.7M | $251.0M | $221.5M | $513.2M | $188.7M |
| Stock-based compensation | $46.2M | $34.5M | $34.6M | $29.5M | $28.9M | $21.5M | $18.3M | $15.9M | $14.6M | $16.9M |
| Capital expenditure | $48.4M | $39.3M | $35.5M | $45.2M | $39.4M | $28.8M | $40.5M | $7.4M | — | — |
| Investing cash flow | -$61.8M | -$50.1M | -$58.1M | -$71.8M | -$38.1M | -$26.6M | -$40.9M | -$20.1M | -$15.7M | -$6.1M |
| Financing cash flow | -$642.6M | -$440.8M | -$627.5M | -$73.6M | -$315.0M | -$56.4M | -$330.4M | -$347.1M | -$369.6M | -$149.9M |
| Dividends paid | $68.6M | $71.6M | $56.8M | $52.5M | $54.1M | $38.1M | $20.4M | $8.9M | $8.6M | $8.6M |
| Buybacks | $541.3M | $353.7M | $411.4M | $150.0M | $188.2M | $0 | $0 | $35.0M | $0 | $85.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000795266-26-000017.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | $4.37B | $4.55B | $4.55B | $4.18B | $5.72B | $6.90B | $6.41B | $6.93B | $6.24B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $105.6M | $180.6M | $170.4M | $268.8M | $296.2M | $564.7M | $816.7M | $590.2M | $655.0M | $428.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 1531
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DHI | HORTON D R INC /DE/ | $41.25B | 12.7x | -6.9% |
| PHM | PULTEGROUP INC/MI/ | $22.72B | 10.9x | -3.5% |
| NVR | NVR INC | $15.95B | 13.7x | -1.9% |
| TOL | Toll Brothers, Inc. | $12.89B | 10.4x | 1.1% |
| ECG | Everus Construction Group, Inc. | $4.85B | 24.0x | 31.5% |
| MTH | Meritage Homes CORP | $4.18B | 10.1x | — |
| MHO | M/I HOMES, INC. | $3.13B | 8.4x | -1.9% |
| GRBK | Green Brick Partners, Inc. | $2.77B | 9.1x | -1.0% |