Barrons·Jun 26, 2026
Home Builder Stocks Are Showing Newfound Strength. Why a 30% Gain Is Possible.Technical analysis indicates a home builder ETF could climb nearly 30% by the end of the year.
KB Home(KBH)Earnings, Financials & Key Ratios
KBH•NYSE
$58.68
9.5× P/E·Price updated Jul 7, 2026
AboutKB 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 offers financial services, such as insurance products and title services. It has operations in Arizona, California, Colorado, Florida, 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 headquartered in Los Angeles, California.Show more
- Revenue$6.24B-10.0%
- EBITDA$563M-31.6%
- Net Income$429M-34.5%
- EPS (Diluted)6.15-27.2%
- Gross Margin18.78%-11.6%
- EBITDA Margin9.02%-24.0%
- Operating Margin8.42%-25.7%
- Net Margin6.88%-27.3%
- ROE10.77%-35.3%
KBH Price & Volume
KB Home (KBH) stock price & volume — 10-year historical chart
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Cyclical Revenue Contraction Pressures Operating Margin Stability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:Margin erosion from incentives
Key Thesis Takeaways
- KB Home faces a challenging outlook as its Built-to-Order model struggles with affordability, evidenced by a 22.6% year-over-year revenue decline in 2026Q1.
- While the company maintains a conservative debt-to-equity ratio of 0.50, the rapid deterioration of free cash flow to a negative $138.6 million in the same period raises concerns regarding the sustainability of current capital allocation strategies.
- Investors should monitor whether the company can stabilize its gross margins, which have compressed from 21.8% in 2024Q1 to 15.5% in 2026Q1, before committing capital to this cyclical play.
Verdict Logic
the company's 65.1% year-over-year EPS decline in 2026Q1 and negative free cash flow trajectory suggest that current valuation multiples may not fully account for ongoing margin compression.
KBH Growth Metrics
KB Home (KBH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.48%
5 Years8.31%
3 Years-3.33%
TTM-17.52%
Profit CAGR
10 Years17.62%
5 Years7.68%
3 Years-19.33%
TTM-51.87%
EPS CAGR
10 Years22.32%
5 Years14.46%
3 Years-12.21%
TTM-45.56%
Return on Capital
10 Years10.08%
5 Years13.82%
3 Years11.92%
Last Year9.26%
KBH Recent Earnings
KB Home (KBH) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 9/12 qtrs (75%)
Q3 2026Latest
Jun 23, 2026Metric
Actual
Est
EPS
$0.43-2.3%
$0.44
Rev
$1.1B+2.1%
$1.1B
Q2 2026
Mar 24, 2026Metric
Actual
Est
EPS
$0.52+0.0%
$0.52
Rev
$1.1B-1.4%
$1.1B
Q1 2026
Jan 12, 2026Metric
Actual
Est
EPS
$2.52+40.8%
$1.79
Rev
$1.7B+1.9%
$1.7B
Q4 2025
Sep 24, 2025Metric
Actual
Est
EPS
$1.61+7.3%
$1.50
Rev
$1.6B+1.8%
$1.6B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 23, 2026 | $0.43vs $0.44-2.3% | $1.1Bvs $1.1B+2.1% |
| Q2 2026 | Mar 24, 2026 | $0.52vs $0.52+0.0% | $1.1Bvs $1.1B-1.4% |
| Q1 2026 | Jan 12, 2026 | $2.52vs $1.79+40.8% | $1.7Bvs $1.7B+1.9% |
| Q4 2025 | Sep 24, 2025 | $1.61vs $1.50+7.3% | $1.6Bvs $1.6B+1.8% |
Based on last 12 quarters of dataView full earnings history →
Latest KBH News
Recent stock market news and headlines for KB Home (KBH)
The Motley Fool·Jun 24, 2026
Why KB Home Stock Jumped TodayPersistently high mortgage rates continue to weigh on the U.S. housing industry. KB Home has a smart strategy to limit risk, reduce costs, and boost profits.
MarketBeat·Jun 24, 2026
Why KB Home Could Reward Patient Investors LaterKB Home NYSE: KBH is not out of the weeds, with its revenue contracting, orders and backlog declining, and margins under pressure, but these forces are already priced into its stock. Housing market woes, inflation, and high interest rates are no secret.
Zacks Investment Research·Jun 24, 2026
Housing Stocks Back in SpotlightHousing Stocks Back in Spotlight.
Zacks Investment Research·Jun 24, 2026
KB Home Q2 Earnings Call Centers on Built-to-Order ResetKBH's built-to-order reset is giving management better visibility on deliveries, margins and backlog trends despite a tough spring housing market.
Peers Comparison
Key metrics vs top competitors for KB Home (KBH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $58.68 | $3.68B | 9.54 | -10.01% | 6.88% | 10.77% | 1.69% | |
| $155.72 | $44.16B | 13.46 | -6.93% | 9.51% | 12.94% | — | |
| $86.74 | $21.54B | 10.87 | -3.54% | 5.39% | 7.98% | — | |
| $129.92 | $24.96B | 11.68 | -3.54% | 12.14% | 15.92% | — | |
| $151.64 | $14.36B | 11.24 | 1.11% | 11.66% | 15.47% | — | |
| $6693.69 | $18.07B | 15.33 | -2.08% | 12.77% | 32.66% | — |
Compare KBH vs Peers
KB Home (KBH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KBH SEC Filings & Documents
KB Home (KBH) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 23, 2026·SEC
Material company update
May 1, 2026·SEC
Material company update
Apr 24, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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KBH Frequently Asked Questions
KB Home (KBH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is KB Home's revenue?
KB Home (KBH) reported $5.50B in revenue for fiscal year 2025. This represents a 214% increase from $1.75B in 1996.
How fast is KB Home growing?
KB Home (KBH) saw revenue decline by 10.0% over the past year.
Is KBH profitable?
Yes, KB Home (KBH) is profitable, generating $272.1M in net income for fiscal year 2025 (6.9% net margin).
Dividend & Returns
Does KBH pay dividends?
Yes, KB Home (KBH) pays a dividend with a yield of 1.69%. This makes it attractive for income-focused investors.
What is KBH's return on equity?
KB Home (KBH) has a return on equity (ROE) of 10.8%. This is reasonable for most industries.
What is KB Home's free cash flow?
KB Home (KBH) generated $340.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.