KBH Chart
About

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be the No 1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional homebuying experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR certified homes than any other builder, helping to lower the total cost of homeownership.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Residential Construction Market Cap 4.20B
Enterprise Value 5.55B Income 426.12M Sales 6.24B
Book/sh 61.75 Cash/sh 3.62 Dividend Yield 155.00%
Payout 16.26% Employees 2118 IPO —
P/E 10.54 Forward P/E 12.07 PEG —
P/S 0.67 P/B 1.05 P/C —
EV/EBITDA 9.08 EV/Sales 0.89 Quick Ratio 0.65
Current Ratio 6.62 Debt/Eq 43.91 LT Debt/Eq —
EPS (ttm) 6.15 EPS next Y 5.37 EPS Growth -38.40%
Revenue Growth -15.30% Earnings 2026-03-24 ROA 5.27%
ROE 10.77% ROIC — Gross Margin 19.57%
Oper. Margin 8.35% Profit Margin 6.88% Shs Outstand 63.17M
Shs Float 60.59M Short Float 13.92% Short Ratio 4.75
Short Interest — 52W High 68.71 52W Low 48.90
Beta 1.49 Avg Volume 1.24M Volume 492.37K
Target Price $61.18 Recom Hold Prev Close $64.36
Price $64.85 Change 0.76%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$61.18
Mean price target
2. Current target
$64.85
Latest analyst target
3. DCF / Fair value
$57.23
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$64.85
Low
$50.00
High
$79.00
Mean
$61.18

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-06 main UBS Buy → Buy $71
2025-12-29 main JP Morgan Neutral → Neutral $50
2025-12-24 down Raymond James Outperform → Market Perform —
2025-12-23 main Keefe, Bruyette & Woods Market Perform → Market Perform $62
2025-12-22 main Barclays Overweight → Overweight $62
2025-12-22 main B of A Securities Neutral → Neutral $58
2025-12-19 main UBS Buy → Buy $77
2025-12-19 main RBC Capital Sector Perform → Sector Perform $54
2025-12-19 main Wells Fargo Underweight → Underweight $55
2025-12-08 up Barclays Equal-Weight → Overweight $71
2025-12-04 main JP Morgan Neutral → Neutral $71
2025-10-10 main B of A Securities Neutral → Neutral $62
2025-10-07 down Evercore ISI Group Outperform → In-Line $65
2025-09-29 main JP Morgan Neutral → Neutral $53
2025-09-25 main Evercore ISI Group Outperform → Outperform $73
2025-09-25 main Raymond James Outperform → Outperform $72
2025-09-25 main RBC Capital Sector Perform → Sector Perform $59
2025-09-18 main B of A Securities Neutral → Neutral $67
2025-09-03 init Oppenheimer — → Perform —
2025-09-02 main Wells Fargo Underweight → Underweight $60
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20284 1218663 — Sale at price 60.08 per share. PRAW ALBERT Z Officer — 2025-11-04 00:00:00 D
1 14000 749280 — Sale at price 53.52 per share. MCGIBNEY ROBERT V President — 2025-07-15 00:00:00 D
2 14000 208880 — Conversion of Exercise of derivative security at price 14.92 per share. MCGIBNEY ROBERT V President — 2025-07-15 00:00:00 D
3 5000 271900 — Sale at price 54.38 per share. COLLINS ARTHUR REGINALD Director — 2025-05-16 00:00:00 D
4 4324 — — Stock Award(Grant) at price 0.00 per share. KOZLAK JODEE A. Director — 2025-04-17 00:00:00 D
5 3144 — — Stock Award(Grant) at price 0.00 per share. DOMINGUEZ DORENE C Director — 2025-04-17 00:00:00 D
6 3144 — — Stock Award(Grant) at price 0.00 per share. HENRY CHERYL JANET Director — 2025-04-17 00:00:00 D
7 3144 — — Stock Award(Grant) at price 0.00 per share. GILLIGAN THOMAS W Director — 2025-04-17 00:00:00 D
8 3144 — — Stock Award(Grant) at price 0.00 per share. COLLINS ARTHUR REGINALD Director — 2025-04-17 00:00:00 D
9 3724 — — Stock Award(Grant) at price 0.00 per share. WEAVER JAMES C Director — 2025-04-17 00:00:00 D
Financials
Line Item2025-11-302024-11-302023-11-302022-11-30
TaxEffectOfUnusualItems-215.60K0.000.00-856.32K
TaxRateForCalcs0.230.230.230.24
NormalizedEBITDA563.51M822.89M778.95M1.09B
TotalUnusualItems-954.00K0.000.00-3.60M
TotalUnusualItemsExcludingGoodwill-954.00K0.000.00-3.60M
NetIncomeFromContinuingOperationNetMinorityInterest428.79M655.02M590.18M816.67M
ReconciledDepreciation37.30M37.27M36.41M32.32M
ReconciledCostOfRevenue5.06B5.46B5.04B5.22B
EBITDA562.55M822.89M778.95M1.09B
EBIT525.25M785.62M742.53M1.06B
NetInterestIncome7.39M32.10M13.76M704.00K
InterestIncome7.39M32.10M13.76M704.00K
NormalizedIncome429.53M655.02M590.18M819.41M
NetIncomeFromContinuingAndDiscontinuedOperation428.79M655.02M590.18M816.67M
TotalExpenses5.71B6.14B5.67B5.85B
TotalOperatingIncomeAsReported507.06M763.91M718.74M1.04B
DilutedAverageShares69.25M76.95M83.38M89.35M
BasicAverageShares67.91M74.75M80.84M86.86M
DilutedEPS6.158.457.039.09
BasicEPS6.288.707.259.35
DilutedNIAvailtoComStockholders426.16M650.31M586.02M812.60M
AverageDilutionEarnings44.00K122.00K117.00K108.00K
NetIncomeCommonStockholders426.12M650.19M585.90M812.49M
OtherunderPreferredStockDividend2.67M4.83M4.27M4.17M
NetIncome428.79M655.02M590.18M816.67M
NetIncomeIncludingNoncontrollingInterests428.79M655.02M590.18M816.67M
NetIncomeContinuousOperations428.79M655.02M590.18M816.67M
TaxProvision125.40M195.90M181.10M255.40M
PretaxIncome554.19M850.92M771.28M1.07B
OtherIncomeExpense21.55M33.20M14.98M16.34M
SpecialIncomeCharges-954.00K0.000.00-3.60M
OtherSpecialCharges954.00K3.60M5.08M
EarningsFromEquityInterest22.50M33.20M14.98M19.93M
NetNonOperatingInterestIncomeExpense7.39M32.10M13.76M704.00K
InterestIncomeNonOperating7.39M32.10M13.76M704.00K
OperatingIncome525.25M785.62M742.53M1.06B
OperatingExpense646.18M686.85M632.09M629.64M
OtherOperatingExpenses5.76M5.05M
SellingGeneralAndAdministration646.18M686.85M632.09M629.64M
SellingAndMarketingExpense375.11M396.44M366.32M
GeneralAndAdministrativeExpense271.07M290.41M265.77M635.41M
OtherGandA271.07M290.41M265.77M635.41M
GrossProfit1.17B1.47B1.37B1.68B
CostOfRevenue5.06B5.46B5.04B5.22B
TotalRevenue6.24B6.93B6.41B6.90B
OperatingRevenue6.24B6.93B6.41B6.90B
Line Item2025-11-302024-11-302023-11-302022-11-30
TreasurySharesNumber11.30M2.25M25.41M10.02M
OrdinarySharesNumber63.17M72.16M75.87M83.99M
ShareIssued74.48M74.41M101.28M94.01M
NetDebt1.46B1.09B962.56M1.51B
TotalDebt1.71B1.71B1.72B1.87B
TangibleBookValue3.90B4.06B3.81B3.66B
InvestedCapital5.59B5.75B5.50B5.50B
WorkingCapital5.41B5.59B5.34B5.14B
NetTangibleAssets3.90B4.06B3.81B3.66B
CapitalLeaseObligations19.77M20.86M26.53M27.49M
CommonStockEquity3.90B4.06B3.81B3.66B
TotalCapitalization5.59B5.75B5.50B5.50B
TotalEquityGrossMinorityInterest3.90B4.06B3.81B3.66B
StockholdersEquity3.90B4.06B3.81B3.66B
OtherEquityInterest-72.72M-72.72M-72.72M
GainsLossesNotAffectingRetainedEarnings-3.54M-3.70M-3.67M-5.58M
OtherEquityAdjustments-3.54M-3.70M-3.67M-5.58M
TreasuryStock663.44M141.56M737.36M341.46M
RetainedEarnings3.63B3.27B3.68B3.14B
AdditionalPaidInCapital863.72M862.05M845.69M836.26M
CapitalStock74.48M74.41M101.28M100.71M
CommonStock74.48M74.41M101.28M100.71M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest2.78B2.88B2.84B2.99B
TotalNonCurrentLiabilitiesNetMinorityInterest1.92B1.94B1.93B1.92B
OtherNonCurrentLiabilities48.24M44.41M41.52M19.14M
DerivativeProductLiabilities98.00M101.89M96.15M
EmployeeBenefits157.17M182.46M171.41M182.44M
LongTermDebtAndCapitalLeaseObligation1.71B1.71B1.72B1.87B
LongTermCapitalLeaseObligation19.77M20.86M26.53M27.49M
LongTermDebt1.69B1.69B1.69B1.84B
LongTermProvisions98.00M101.89M
CurrentLiabilities861.23M936.15M908.86M1.07B
OtherCurrentLiabilities44.54M46.77M45.71M43.92M
CurrentDeferredLiabilities28.03M44.03M58.91M76.74M
CurrentDeferredRevenue28.03M44.03M58.91M76.74M
CurrentDebtAndCapitalLeaseObligation507.49M
CurrentDebt507.49M
LineOfCredit507.49M0.00
CurrentProvisions96.03M98.00M101.89M
PayablesAndAccruedExpenses788.65M749.33M706.24M802.89M
CurrentAccruedExpenses420.57M344.66M299.13M366.01M
InterestPayable29.22M28.81M29.39M29.99M
Payables368.08M404.67M407.12M436.88M
TotalTaxPayable13.61M17.06M17.02M21.23M
AccountsPayable354.47M387.61M390.10M415.65M
TotalAssets6.68B6.94B6.65B6.65B
TotalNonCurrentAssets407.82M408.22M401.85M436.67M
OtherNonCurrentAssets99.34M92.52M90.86M87.64M
NonCurrentDeferredAssets88.67M102.42M119.47M160.87M
NonCurrentDeferredTaxesAssets88.67M102.42M119.47M160.87M
InvestmentsAndAdvances100.87M104.22M78.48M73.46M
InvestmentinFinancialAssets15.20M15.20M
AvailableForSaleSecurities15.20M15.20M
LongTermEquityInvestment85.67M89.02M78.48M73.46M
InvestmentsinJointVenturesatCost85.67M89.02M78.48M73.46M
NetPPE118.95M109.06M113.03M114.70M
AccumulatedDepreciation-103.55M-89.70M-83.69M-77.58M
GrossPPE222.50M198.77M196.73M192.28M
Leases23.02M22.28M19.82M18.91M
OtherProperties17.49M18.70M24.73M25.47M
MachineryFurnitureEquipment181.98M157.78M152.18M147.90M
Properties0.000.000.000.00
CurrentAssets6.27B6.53B6.25B6.22B
PrepaidAssets14.98M17.80M15.88M15.64M
Inventory5.67B5.53B5.13B5.54B
FinishedGoods5.67B5.53B5.13B5.54B
WorkInProcess3.13B2.70B
Receivables356.20M382.94M369.64M326.24M
ReceivablesAdjustmentsAllowances-4.55M-4.25M-4.21M-5.07M
OtherReceivables343.07M371.24M371.07M327.83M
TaxesReceivable12.11M10.54M0.00
AccountsReceivable5.57M5.41M2.78M3.48M
CashCashEquivalentsAndShortTermInvestments230.44M599.19M727.34M330.20M
CashAndCashEquivalents230.44M599.19M727.34M330.20M
Line Item2025-11-302024-11-302023-11-302022-11-30
FreeCashFlow287.28M323.41M1.05B138.18M
RepurchaseOfCapitalStock-541.30M-353.70M-411.44M-150.00M
RepaymentOfDebt-740.07M-917.00K-323.84M-2.24B
IssuanceOfDebt740.00M0.00170.00M2.40B
CapitalExpenditure-48.40M-39.31M-35.47M-45.23M
InterestPaidSupplementalData585.00K598.00K
IncomeTaxPaidSupplementalData115.79M196.73M142.23M150.00M
EndCashPosition230.44M599.19M727.34M330.20M
BeginningCashPosition599.19M727.34M330.20M292.14M
ChangesInCash-368.75M-128.15M397.14M38.06M
FinancingCashFlow-642.63M-440.75M-627.49M-73.58M
CashFlowFromContinuingFinancingActivities-642.63M-440.75M-627.49M-73.58M
NetOtherFinancingCharges-33.76M-25.02M-14.24M-26.97M
ProceedsFromStockOptionExercised1.07M10.43M8.86M0.00
CashDividendsPaid-68.57M-71.55M-56.83M-52.45M
CommonStockDividendPaid-52.45M-54.05M
NetCommonStockIssuance-541.30M-353.70M-411.44M-150.00M
CommonStockPayments-541.30M-353.70M-411.44M-150.00M
NetIssuancePaymentsOfDebt-73.00K-917.00K-153.84M155.84M
NetShortTermDebtIssuance0.000.00-150.00M150.00M
ShortTermDebtPayments-740.00M0.00-320.00M-1.53B
ShortTermDebtIssuance740.00M0.00170.00M1.69B
NetLongTermDebtIssuance-73.00K-917.00K-3.84M5.83M
LongTermDebtPayments-73.00K-917.00K-3.84M-704.16M
LongTermDebtIssuance0.000.00710.00M390.00M
InvestingCashFlow-61.80M-50.12M-58.06M-71.77M
CashFlowFromContinuingInvestingActivities-61.80M-50.12M-58.06M-71.77M
NetInvestmentPurchaseAndSale0.001.71M0.000.00
SaleOfInvestment0.001.71M0.000.00
NetBusinessPurchaseAndSale-13.40M-12.52M-22.59M-26.54M
SaleOfBusiness2.96M1.99M5.10M1.90M
PurchaseOfBusiness-16.36M-14.51M-27.69M-28.44M
NetPPEPurchaseAndSale-48.40M-39.31M-35.47M-45.23M
SaleOfPPE0.00
PurchaseOfPPE-39.40M
OperatingCashFlow335.68M362.72M1.08B183.42M
CashFlowFromContinuingOperatingActivities335.68M362.72M1.08B183.42M
DividendReceivedCFO33.24M26.77M23.17M11.04M
ChangeInWorkingCapital-237.78M-370.24M357.11M-745.87M
ChangeInOtherWorkingCapital11.85M6.21M5.42M6.48M
ChangeInPayablesAndAccruedExpense-75.17M-7.24M-62.20M53.10M
ChangeInPayable-75.17M-7.24M-62.20M53.10M
ChangeInAccountPayable-75.17M-7.24M-62.20M53.10M
ChangeInInventory-179.46M-385.80M426.81M-785.56M
ChangeInReceivables5.00M16.59M-12.92M-19.89M
OtherNonCashItems3.64M3.48M3.38M2.32M
StockBasedCompensation46.24M34.47M34.61M29.46M
AssetImpairmentCharge32.05M4.60M11.42M37.30M
DeferredTax13.76M17.05M41.39M16.51M
DeferredIncomeTax13.76M17.05M41.39M16.51M
DepreciationAmortizationDepletion37.30M37.27M36.41M32.32M
DepreciationAndAmortization37.30M37.27M36.41M32.32M
OperatingGainsLosses-21.55M-45.71M-14.98M-16.34M
EarningsLossesFromEquityInvestments-22.50M-33.20M-14.98M-19.93M
GainLossOnInvestmentSecurities-12.52M
NetIncomeFromContinuingOperations428.79M655.02M590.18M816.67M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for KBH
Date User Asset Broker Type Position Size Entry Price Patterns