Saturday 17 October 2026 Export KBH’s income statement to Excel — free account

KB Home

KBH Consumer Cyclical Residential Construction

KB Home’s revenue for fiscal 2025 (year ended November 2025) was $6.2 billion, down 10.0% from fiscal 2024. In the quarter to August 2026, revenue fell 20.0%, EPS fell 35.3% and free cash flow fell 178.0%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

43.30 0.35 −0.80%

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Market cap: $2.7B
P/E: 12.0×
Fwd P/E: 16.2×
Dividend yield: 2.31%
F-score: 5/9
Altman Z: 3.83
Beneish M: −2.41
Dividend safety: 75/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 19.09

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	—	—	—	—	—	—	2	2	—	—

Insider Ownership 4.72%

Capital & Financial Ratios $m

Market Cap 2,650.00

Revenue 5,180.93

Net Income 227.57

Free Cash Flow 28.66

Net Debt (159.02)

Current Ratio 2.07

Debt/Equity 0.00

P/E ratio 11.96

Fwd P/E 16.20

P/S ratio 0.51

P/B ratio 0.69

Past 5Y EPS Growth 14.46%

This Y EPS Growth (47.76%)

Next Y EPS Growth 12.40%

Next Y revenue growth (19.21%)

Next 5Y EPS Growth (9.46%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 66.64%

10-year low 10-year high

P/S against its own 10 years 36.01%

10-year low 10-year high

P/B against its own 10 years 3.10%

10-year low 10-year high

EV/Sales against its own 10 years 24.44%

10-year low 10-year high

EV/FCF against its own 10 years 98.76%

10-year low 10-year high

Dividends

Payout Ratio 0.28

Annual Dividend Rate 1.00

Annual Dividend Yield 2.31%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.00	0.25 0.25 0.25
2025	1.00	0.25 0.25 0.25 0.25
2024	0.95	0.20 0.25 0.25 0.25
2023	0.70	0.15 0.15 0.20 0.20
2022	0.60	0.15 0.15 0.15 0.15
2021	0.60	0.15 0.15 0.15 0.15
2020	0.42	0.09 0.09 0.09 0.15
2019	0.46	0.25 0.03 0.09 0.09
2018	0.10	0.03 0.03 0.03 0.03
2017	0.10	0.03 0.03 0.03 0.03
2016	0.10	0.03 0.03 0.03 0.03

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	727	598	229	159
Receivables	367	378	351	398
Inventory	5,134	5,528	5,671	5,981
Other	—	—	—	—
	6,228	6,504	6,250	6,538

	2023	2024	2025	Q'26
Payables	388	385	351	320
ST’ Debt	—	—	—	—
Other	—	—	—	—
	1,147	1,181	1,083	3,166

Compound Annual Growth %

	10y	5y	3y
Sales	7.48%	8.31%	(3.33%)
Cash Flow	6.36%	1.56%	22.32%
Earnings	17.58%	7.65%	(19.36%)
Book Value	8.72%	7.91%	2.14%

Revenue $m

	Feb	May	Aug	Nov	Year
’26	1,077	1,112	1,297	—	—
’25	1,392	1,530	1,620	1,694	6,236
’24	1,468	1,710	1,753	2,000	6,930
’23	1,384	1,765	1,587	1,674	6,411
’22	1,399	1,720	1,845	1,940	6,904
’21	1,142	1,441	1,467	1,675	5,725
’20	1,076	914	999	1,194	4,183

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Feb	May	Aug	Nov	Year
’26	(125)	32	(135)	—	—
’25	(334)	168	198	304	336
’24	29	61	(90)	363	363
’23	94	515	164	310	1,083
’22	(251)	(64)	91	407	183
’21	(79)	61	(162)	143	(37)
’20	(10)	165	175	(19)	311

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Feb	May	Aug	Nov	Year
’26	(139)	22	(145)	—	—
’25	(346)	157	186	290	287
’24	19	51	(99)	353	323
’23	85	505	156	301	1,047
’22	(262)	(75)	79	396	138
’21	(88)	52	(172)	132	(77)
’20	(17)	156	169	(26)	282

Fiscal quarters ending in the months shown.

EPS $

	Feb	May	Aug	Nov	Year
’26	0.52	0.43	1.05	—	—
’25	1.49	1.50	1.62	1.55	6.15
’24	1.76	2.15	2.04	2.52	8.45
’23	1.45	1.94	1.80	1.85	7.03
’22	1.47	2.32	2.86	2.47	9.09
’21	1.02	1.50	1.60	1.91	6.01
’20	0.63	0.55	0.83	1.12	3.13

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.04	15.51	16.82	18.68	9.82	31.76	24.78	32.04	58.05	48.90	Analyst estimates 2026–2028 Powerpack
	High	17.38	32.48	38.80	37.40	42.20	52.48	50.20	63.53	89.70	72.64
People
People	Employees	1,790	1,915	2,005	2,140	1,776	2,244	2,244	2,205	2,384	2,118
	Revenue/emp, $m	2.01	2.28	2.27	2.13	2.36	2.55	3.08	2.91	2.91	2.94
Income, $m
Income, $m	Revenue	3,595	4,369	4,547	4,553	4,183	5,725	6,904	6,411	6,930	6,236
	Gross margin, %	15.40	16.53	17.66	18.53	19.19	21.93	24.49	21.53	21.34	18.88
	EBT	149	290	368	348	364	695	1,072	771	851	554
	EBT margin, %	4.15	6.64	8.09	7.65	8.70	12.15	15.53	12.03	12.28	8.89
	Net income	106	181	170	269	296	565	817	590	655	429
	Depreciation	11	9	9	32	31	31	35	40	41	41
Per share, $
Per share, $	Revenue	41.94	50.89	51.80	51.74	46.24	63.33	79.48	79.30	92.71	91.84
	Earnings	1.23	2.09	1.93	3.04	3.26	6.22	9.35	7.25	8.70	6.28
	Cash flow	2.20	5.98	2.52	2.85	3.43	(0.41)	2.11	13.39	4.85	4.94
	Capex	(0.06)	(0.09)	(0.08)	(0.39)	(0.32)	(0.44)	(0.52)	(0.44)	(0.53)	(0.71)
	Free cash flow	2.15	5.88	2.44	2.46	3.12	(0.85)	1.59	12.95	4.33	4.23
	Book value	20.11	22.44	23.78	27.08	29.47	33.40	42.15	47.13	54.32	57.45
	Shares, m	86	86	88	88	90	90	87	81	75	68
Valuation, ×
Valuation, ×	P/E	12.88	15.00	11.05	11.19	10.83	6.41	3.35	7.18	9.54	10.21
	P/S	0.38	0.62	0.41	0.65	0.76	0.63	0.39	0.66	0.90	0.70
	P/B	0.79	1.40	0.89	1.25	1.19	1.20	0.74	1.11	1.53	1.12
	EV/Sales	0.95	0.98	0.73	0.96	1.02	0.82	0.55	0.81	1.05	0.93
	EV/FCF	18.52	8.51	15.59	20.24	15.17	(60.95)	27.53	4.94	22.60	20.26
Cash, $m
Cash, $m	Operating cash flow	189	513	222	251	311	(37)	183	1,083	363	336
	Capex	(5)	(8)	(7)	(35)	(29)	(39)	(45)	(35)	(39)	(48)
	Free cash flow	184	505	214	216	282	(77)	138	1,047	323	287
Balance, $m
Balance, $m	Working capital	821	1,114	1,465	1,777	2,163	2,584	3,206	5,081	5,322	5,167
	Total debt	2,309	2,015	1,390	1,741	1,772	1,350	1,406	1,690	1,692	1,693
	Net debt	1,717	1,294	816	1,287	1,091	1,059	1,077	963	1,094	1,464
	Shareholders’ equity	1,723	1,926	2,088	2,383	2,666	3,019	3,661	3,810	4,061	3,901
Returns, %
Returns, %	ROA	2.06	3.53	3.35	5.30	5.68	10.04	13.01	8.81	9.57	6.26
	ROIC	2.98	5.63	7.73	5.78	5.52	10.36	13.94	9.80	9.60	6.18
	ROE	6.15	9.83	8.44	11.95	11.67	19.77	24.33	15.68	16.52	10.70

Negative figures in brackets.

All 10 years →

Fiscal years to Nov 2025 · latest quarter Aug 2026 · fundamentals updated 15 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
IBP Installed Building Products, Inc.	$5.0B	19.9×	23.8×	+2.30% (above 0%: growing)	−3.56% (below 0%: shrinking)	−30.95% (below 0%: shrinking)	33.29%	12.16%	Compare
SKY Champion Homes, Inc.	$4.3B	22.7×	22.0×	+1.27% (above 0%: growing)	−21.24% (below 0%: shrinking)	−4.47% (below 0%: shrinking)	25.24%	8.49%	Compare
CVCO Cavco Industries, Inc.	$4.1B	22.3×	22.8×	+9.54% (above 0%: growing)	−15.56% (below 0%: shrinking)	+5.65% (above 0%: growing)	22.07%	8.65%	Compare
MTH Meritage Homes Corporation	$3.9B	12.3×	13.6×	−13.77% (below 0%: shrinking)	−33.01% (below 0%: shrinking)	+2,516.98% (above 0%: growing)	18.60%	8.19%	Compare
MHO M/I Homes, Inc.	$3.2B	10.3×	10.9×	−8.54% (below 0%: shrinking)	−31.86% (below 0%: shrinking)	−11.50% (below 0%: shrinking)	22.15%	9.53%	Compare
GRBK Green Brick Partners, Inc.	$2.7B	9.2×	12.0×	−8.70% (below 0%: shrinking)	−8.06% (below 0%: shrinking)	−113.25% (below 0%: shrinking)	31.90%	19.54%	Compare
KBH KB Home	$2.7B	12.0×	16.2×	−19.96% (below 0%: shrinking)	−35.34% (below 0%: shrinking)	−178.04% (below 0%: shrinking)	5.54%	5.54%
LGIH LGI Homes, Inc.	$1.0B	15.1×	17.3×	+5.70% (above 0%: growing)	−14.71% (below 0%: shrinking)	+254.15% (above 0%: growing)	19.71%	5.61%	Compare
BZH Beazer Homes USA, Inc.	$891.4M	— (loss-making)	— (loss-making)	−5.33% (below 0%: shrinking)	n/m	−119.25% (below 0%: shrinking)	12.80%	(2.20%)	Compare
Median of peers	$3.6B	15.1×	17.3×	−2.03%	−15.56%	−7.98%	22.11%	8.57%

All 19 Residential Construction stocks →

KB Home (KBH) key facts

Concern: KB Home’s revenue for fiscal 2025 (year ended November 2025) was $6.2 billion, down 10.0% from fiscal 2024.
Concern: Net income was $428.8 million, or $6.28 per share (basic), a net margin of 6.83%.
KB Home (KBH) is a Residential Construction company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, KBH traded at $43.30, a market capitalization of $2.7 billion.
At that price the stock trades at 12.0× trailing-twelve-month earnings and 0.5× sales; its P/E is higher than 67% of its own readings over the past ten years.
KB Home pays an annual dividend of $1.00 per share, a yield of 2.31%, with a payout ratio of 28.2%.
Return on equity was 10.7% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.83 (safe zone) for fiscal 2025.