Revenue
$6.24B
Fiscal year ended 2025-11-30Operating income
Unavailable
Fiscal year ended 2025-11-30Free cash flow
$287.28M
Fiscal year ended 2025-11-30KB HOME (KBH) reported revenue of $6.24B and net income of $428.79M for the fiscal year ended 2025-11-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from KB HOME’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Operative Builders.
Income
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.24B | $6.93B | $6.41B | $6.90B | $5.72B | $4.18B | $4.55B | $4.55B | $4.37B | $3.59B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $345.72M | $283.40M | $152.40M |
| Net income | $428.79M | $655.02M | $590.18M | $816.67M | $564.75M | $296.24M | $268.78M | $170.36M | $180.60M | $105.62M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 69.25M | shares 76.96M | shares 83.38M | shares 89.35M | shares 93.59M | shares 94.09M | shares 93.84M | shares 101.06M | shares 98.32M | shares 96.28M |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | $125.40M | $195.90M | $181.10M | $255.40M | $130.60M | $67.80M | $79.40M | $197.60M | $109.40M | $43.70M |
| Diluted EPS | $6.15 | $8.45 | $7.03 | $9.09 | $6.01 | $3.13 | $2.85 | $1.71 | $1.85 | $1.12 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $444.15M | $426.39M | $389.44M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | $330.20M | $292.14M | $682.53M | $454.86M | $575.12M | $720.86M | $593.00M |
| Total assets | $6.68B | $6.94B | $6.65B | $6.65B | $5.84B | $5.36B | $5.02B | $5.07B | $5.04B | $5.13B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $3.90B | $4.06B | $3.81B | $3.66B | $3.02B | $2.67B | $2.38B | $2.09B | $1.93B | $1.72B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $335.68M | $362.72M | $1.08B | $183.42M | -$37.30M | $310.68M | $251.04M | $221.51M | $513.22M | $188.66M |
| Capital expenditures | $48.40M | $39.31M | $35.47M | $45.23M | $39.40M | $28.84M | $40.46M | $7.37M | Unavailable | Unavailable |
| Investing cash flow | -$61.80M | -$50.12M | -$58.06M | -$71.77M | -$38.08M | -$26.56M | -$40.94M | -$20.11M | -$15.74M | -$6.08M |
| Financing cash flow | -$642.64M | -$440.75M | -$627.49M | -$73.58M | -$315.01M | -$56.44M | -$330.36M | -$347.15M | -$369.61M | -$149.92M |
| Net change in cash | -$368.75M | -$128.15M | $397.14M | $38.06M | -$390.39M | $227.67M | -$120.26M | -$145.74M | $127.86M | $32.66M |
| Stock-based compensation | $46.24M | $34.47M | $34.61M | $29.46M | $28.90M | $21.53M | $18.31M | $15.86M | $14.63M | $16.85M |
| Common dividends paid | $68.57M | $71.55M | $56.83M | $52.45M | $54.05M | $38.06M | $20.37M | $8.89M | $8.64M | $8.59M |
| Common share repurchases | $541.30M | $353.70M | $411.44M | $150.00M | $188.18M | $0 | $0 | $35.04M | $0 | $85.94M |
| Depreciation & amortization | $37.30M | $37.27M | $36.41M | $32.32M | $28.64M | $28.40M | $27.16M | $2.53M | $2.79M | $3.64M |
Derived
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $287.28M | $323.41M | $1.05B | $138.18M | -$76.70M | $281.84M | $210.58M | $214.14M | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 4.2% |
| FCF margin | 4.6% | 4.7% | 16.3% | 2.0% | -1.3% | 6.7% | 4.6% | 4.7% | Unavailable | Unavailable |
| SBC / revenue | 0.7% | 0.5% | 0.5% | 0.4% | 0.5% | 0.5% | 0.4% | 0.3% | 0.3% | 0.5% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | -10.0% | 8.1% | -7.1% | 20.6% | 36.9% | -8.1% | 0.1% | 4.1% | 21.5% | Unavailable |
| Net margin | 6.9% | 9.5% | 9.2% | 11.8% | 9.9% | 7.1% | 5.9% | 3.7% | 4.1% | 2.9% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.8% | 0.6% | 0.6% | 0.7% | 0.7% | 0.7% | 0.9% | 0.2% | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open KBH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-09View SEC filing
10-Q · Filed 2026-04-09View SEC filing
10-K · Filed 2026-01-23View SEC filing
10-Q · Filed 2025-10-09View SEC filing
10-Q · Filed 2025-07-10View SEC filing
10-Q · Filed 2025-04-09View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.