KBH - NYSE

KB Home

KBH·NYSE

$51.16

-0.098%

Consumer CyclicalResidential Construction

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. 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.20B

EPS6.3100

P/E Ratio8.11

Earnings Date06/22/2026

338.65M

Operating Cash Flow

-7%

3Y+85.0%

5Y+9.0%

10Y+80.0%

-64.76M

Investing Cash Flow

29%

3Y-10.0%

5Y+144.0%

10Y+965.0%

-642.63M

Financing Cash Flow

46%

3Y+773.0%

5Y+1039.0%

10Y+329.0%

KB Home Cash Conversion Engine

KBH · NYSE

FCF Components

Net Income428.79M

Depreciation & Amortization37.30M

Stock-Based Compensation46.24M

Change in Working Capital-237.78M

Others50.34M

Capital Expenditures-48.40M

Free Cash Flow290.25M

Cash Flow Quality Analysis

FCF Conversion Rate

67.7%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

14.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-10.3%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$237.78M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

KB Home Cash Flow Statement

KBH • NYSE

KB Home Cash Flow Statement	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009	Nov 2008	Nov 2007	Nov 2006
OPERATING ACTIVITIES
Net Income	428.8M	655M	590.2M	816.7M	564.7M	296.2M	268.8M	170.4M	180.6M	105.6M	84.6M	918.3M	40M	-59M	-178.8M	-69.4M	-101.8M	-976.1M	-929.4M	482.4M
Depreciation & Amortization	37.3M	37.3M	36.4M	32.3M	28.6M	28.4M	27.2M	2.5M	2.8M	3.6M	3.4M	2.4M	1.9M	1.6M	2M	3.3M	5.2M	9.3M	19.8M	24.2M
Change in Deferred Taxes	13.8M	17.1M	41.4M	16.5M	53.8M	50.3M	73.3M	191.8M	105.3M	43.2M	43M	-825.2M	16.9M	1.2M	0.0	0.0	0.0	221.3M	208.3M	-170.9M
Stock-Based Compensation	46.2M	34.5M	34.6M	29.5M	28.9M	21.5M	18.3M	15.9M	14.6M	16.9M	17.1M	9.1M	5.7M	6.7M	8.1M	8.1M	4M	0.0	9.4M	5.8M
Other Non-Cash Items	50.3M	-10.9M	23M	34.3M	15.2M	33.2M	24.3M	34.9M	33.7M	65.8M	14.7M	45.5M	5.3M	43.3M	91.5M	42.9M	218.1M	694.3M	1.5B	486.7M
Cash Taxes Paid	(0.0)	(353.7M)	(411.4M)	(150M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Change in Working Capital	-237.8M	-370.2M	357.1M	-745.9M	-728.6M	-119M	-160.8M	-194M	176.1M	-46.5M	18.3M	-780.8M	-513.3M	40.7M	-270.4M	-118.9M	224.4M	235.1M	385.2M	-112.4M
Cash from Operating Activities	338.6M	362.7M	1.1B	183.4M	-37.3M	310.7M	251M	221.5M	513.2M	188.7M	181.2M	-630.7M	-443.5M	34.6M	-347.5M	-134M	349.9M	341.3M	1.2B	715.7M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-48.4M	-39.3M	-35.5M	-45.2M	-39.4M	-28.8M	-40.5M	-7.4M	-8.1M	-4.8M	-4.7M	-5.8M	-2.4M	-1.7M	-242K	-420K	-1.4M	(7.1M)	(685K)	-22.1M
Acquisitions, Net	(0.0)	-12.5M	(0.0)	-26.5M	(1.3M)	(2.3M)	-6.3M	-12.7M	-7.7M	-1.3M	-6.6M	-39M	-14.4M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Purchase of Investments	-16.4M	(0.0)	(0.0)	-28.4M	-11.5M	-10.4M	-11.3M	-22.7M	-18.7M	-5.6M	(0.0)	-49.1M	-14.4M	(989K)	-67.3M	-15.7M	-19.9M	-59.6M	-241.6M	-237.8M
Sale/Maturity of Investments	0.0	1.7M	0.0	55M	10.2M	8.1M	11.3M	0.0	0.0	4.3M	0.0	10.1M	16.8M	0.0	0.0	0.0	0.0	0.0	0.0	58M
Other Investing Items	0.0	0.0	-22.6M	-26.5M	1.3M	2.3M	5.8M	-12.7M	-7.7M	-1.3M	-6.6M	39M	14.4M	989K	80.6M	-15.7M	-19.9M	-115.4M	727.7M	568K
Cash from Investing Activities	-64.8M	-50.1M	-58.1M	-71.8M	-38.1M	-26.6M	-40.9M	-20.1M	-15.7M	-6.1M	-11.3M	-44.8M	-16.8M	-760K	(13.1M)	-16.1M	-21.3M	-168M	(486.8M)	-201.4M
FINANCING ACTIVITIES
Net Issuance of Common Stock	-540.2M	-353.7M	-411.4M	-150M	-188.2M	0.0	30.5M	-35M	16.5M	-85.9M	-567K	136.5M	101M	-1.8M	1.8M	1.5M	2.5M	6M	5.4M	-329M
Net Issuance of Debt	-10M	-917K	-153.8M	155.8M	-67.3M	-24.9M	-322.1M	-314.8M	-376.7M	-67.8M	27.2M	363.1M	388.3M	75.9M	-189.5M	-101.2M	-276.6M	-318.6M	-764.1M	577.8M
Cash Paid for Dividends	-68.6M	-71.6M	-56.8M	-52.5M	-54.1M	-38.1M	-20.4M	-8.9M	-8.6M	-8.6M	-9.2M	-9M	-8.4M	-10.6M	-19.2M	-19.2M	-19.1M	-63M	-77.2M	-78.3M
Share Repurchases	-541.3M	-353.7M	-411.4M	-150M	-188.2M	-16.1M	(0.0)	-35M	-6.7M	-88.4M	-567K	-546K	-8.5M	-1.8M	(0.0)	-350K	-616K	-967K	-6.9M	-394.1M
Other Financing Items	-23.9M	-14.6M	-5.4M	-27M	-17.2M	6.6M	-18.4M	11.5M	-753K	12.5M	14.2M	11.1M	-13.9M	10.3M	51M	-602K	1.1M	0.0	-305.6M	-184.2M
Cash from Financing Activities	-642.6M	-440.8M	-627.5M	-73.6M	-315M	-56.4M	-330.4M	-347.1M	-369.6M	-149.9M	31.7M	501.7M	467.1M	73.8M	-155.9M	-119.5M	-292.2M	-375.6M	-1.1B	-13.7M
CASH FLOW SUMMARY
Net Change in Cash	-368.8M	-128.1M	397.1M	38.1M	-390.4M	227.7M	-120.3M	-145.7M	127.9M	32.7M	201.6M	-173.8M	6.8M	107.6M	-490.4M	-269.5M	36.4M	-202.2M	539.6M	500.6M
Cash at Beginning of Period	599.2M	727.3M	330.2M	292.1M	682.5M	454.9M	575.1M	720.9M	593M	560.3M	358.8M	532.5M	525.7M	418.1M	908.4M	1.2B	1.1B	1.3B	804.2M	154M
Cash at End of Period	230.4M	599.2M	727.3M	330.2M	292.1M	682.5M	454.9M	575.1M	720.9M	593M	560.3M	358.8M	532.5M	525.7M	418.1M	908.4M	1.2B	1.1B	1.3B	654.6M
Free Cash Flow	290.2M	323.4M	1B	138.2M	-76.7M	281.8M	210.6M	214.1M	505.1M	183.9M	176.5M	-636.5M	-445.9M	32.9M	-347.8M	-134.4M	348.5M	348.4M	1.2B	693.6M

SEC Filings

KBH - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 01, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 24, 2026	April 23, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 09, 2026	February 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 24, 2026	March 24, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 13, 2026	April 23, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	February 26, 2026	January 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 28, 2026	January 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 23, 2026	January 22, 2026	2026	View Filing
10-K 10-K 2025 FY FY	January 23, 2026	November 30, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 07, 2026	January 06, 2026	2026	View Filing

Showing 1 to 10 of 493 filings

Related Guides

Blog Categories

Continue your KBH research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.