olivLaw · US equity research
KB Home KBH
Operative Builders · SIC 1531 · Vertical: Operative Builders (SIC 1531)
KB Home is one of the largest homebuilders in the U.S., focused on new single-family and attached homes aimed mainly at first-time and first move-up buyers. The company is now facing weaker demand, lower margins and pricing pressure, amid high mortgage rates and a growing supply of resale homes.
At the close of 05 Nov 2026, KB Home (KBH) stock was 52.06 USD (−2.00% on the day), with market capitalisation 3.2 bn USD, P/E 14.6 on diluted EPS of 3.56 USD over the last 12 months, dividend yield 1.92%, beta 0.68, 52-week range 41.63–66.36 USD. Latest reported quarter (Q3 2026): revenue of 1.3 bn USD (−20.0% YoY), net income of 65.3 m USD (−40.6% YoY), diluted EPS 1.05 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 64.1
- strong (55–70)
- Bollinger (20, 2)
- 39.18 – 52.59
- in the upper half of the band · %B 0.96 · band width 29.2%
- SMA 50 / 200
- 47.64 / 53.42
- mixed trend
- MACD (12, 26, 9)
- 1.15 / 0.10
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +14.7% | −1.1% | +15.8 pp | — |
| 3 months | −8.6% | −0.5% | −8.1 pp | — |
| 6 months | +5.9% | +4.4% | +1.5 pp | — |
| Year to date | −7.7% | +12.3% | −20.0 pp | — |
| 1 year | −13.9% | +13.5% | −27.5 pp | −11.0% |
| 3 years | +2.8% | +76.4% | −73.6 pp | +16.0% |
| 5 years | +22.8% | +63.7% | −40.9 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 31 Aug 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.0 bn | 1.4 bn | 1.5 bn | 1.6 bn | 1.7 bn | 1.1 bn | 1.1 bn | 1.3 bn |
| Depreciation & amortisation | 9.0 m | 8.8 m | 9.2 m ≈ | 9.4 m ≈ | 9.9 m | 10.1 m | 10.4 m ≈ | 10.6 m ≈ |
| Income tax | 57.1 m | 29.8 m | 34.5 m | 33.4 m | 27.7 m | 6.9 m | 9.9 m | 15.9 m |
| Net income | 190.6 m | 109.6 m | 107.9 m | 109.8 m | 101.5 m | 33.4 m | 27.3 m | 65.3 m |
| Diluted EPS | 2.54 ≈ | 1.49 | 1.50 | 1.61 | 1.56 ≈ | 0.52 | 0.43 | 1.05 |
| Operating cash flow | 362.6 m | -334.3 m | 168.4 m ≈ | 197.7 m ≈ | 303.8 m | -125.4 m | 31.9 m ≈ | -135.4 m ≈ |
| Capex | 10.1 m | 11.2 m | 11.5 m ≈ | 11.9 m ≈ | 13.8 m | 13.2 m | 9.7 m ≈ | 9.6 m ≈ |
| Dividends paid | 18.0 m | 19.3 m | 17.2 m ≈ | 16.3 m ≈ | 15.8 m | 17.3 m | 15.3 m ≈ | 15.2 m ≈ |
| Share repurchases | 103.7 m | 50.0 m | 200.0 m ≈ | 188.5 m ≈ | 102.8 m | 50.0 m | 80.1 m ≈ | 50.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 80 percentile of its own 40-quarter history (min 3.3, median 10.4, max 32.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.5 bn | 4.6 bn | 4.2 bn | 5.7 bn | 6.9 bn | 6.4 bn | 6.9 bn | 6.2 bn |
| Revenue YoY | +4.1% | +0.1% | −8.1% | +36.9% | +20.6% | −7.1% | +8.1% | −10.0% |
| Net income | 170.4 m | 268.8 m | 296.2 m | 564.7 m | 816.7 m | 590.2 m | 655.0 m | 428.8 m |
| Net income YoY | −5.7% | +57.8% | +10.2% | +90.6% | +44.6% | −27.7% | +11.0% | −34.5% |
| Diluted EPS | 1.71 | 2.85 | 3.13 | 6.01 | 9.09 | 7.03 | 8.45 | 6.15 |
| Diluted EPS YoY | −7.6% | +66.7% | +9.8% | +92.0% | +51.2% | −22.7% | +20.2% | −27.2% |
| net % | 3.7% | 5.9% | 7.1% | 9.9% | 11.8% | 9.2% | 9.5% | 6.9% |
| Free cash flow | 214.1 m | 210.6 m | 281.8 m | -76.7 m | 138.2 m | 1.0 bn | 323.4 m | 287.3 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 30 Nov 2025
- Cash
- 230.4 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 3.9 bn USD
- Total assets
- 6.7 bn USD
- Debt / equity
- unavailable
- Current ratio
- unavailable
- ROE
- 10.8%
- ROA
- 6.3%
- FCF margin
- 4.6%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 4.2 bn | 5.7 bn | 6.9 bn | 6.4 bn | 6.9 bn | 6.2 bn | SEC (XBRL)· 23 Jan 2026verified |
| Depreciation & amortisation | 28.4 m | 28.6 m | 32.3 m | 36.4 m | 37.3 m | 37.3 m | SEC (XBRL)· 23 Jan 2026verified |
| Income tax | 67.8 m | 130.6 m | 255.4 m | 181.1 m | 195.9 m | 125.4 m | SEC (XBRL)· 23 Jan 2026verified |
| Net income | 296.2 m | 564.7 m | 816.7 m | 590.2 m | 655.0 m | 428.8 m | SEC (XBRL)· 23 Jan 2026verified |
| Diluted EPS | 3.13 | 6.01 | 9.09 | 7.03 | 8.45 | 6.15 | SEC (XBRL)· 23 Jan 2026verified |
| Weighted average diluted shares | 94.1 m | 93.6 m | 89.3 m | 83.4 m | 77.0 m | 69.3 m | SEC (XBRL)· 23 Jan 2026verified |
| Dividend per share | — | — | 0.60 | 0.70 | 0.95 | 1.00 | SEC (XBRL)· 23 Jan 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 682.5 m | 292.1 m | 330.2 m | 727.3 m | 599.2 m | 230.4 m | SEC (XBRL)· 23 Jan 2026verified |
| Property, plant & equipment, net | 65.5 m | 76.3 m | 89.2 m | 88.3 m | 90.4 m | 101.5 m | SEC (XBRL)· 23 Jan 2026verified |
| Total assets | 5.4 bn | 5.8 bn | 6.7 bn | 6.6 bn | 6.9 bn | 6.7 bn | SEC (XBRL)· 23 Jan 2026verified |
| Equity | 2.7 bn † | 3.0 bn † | 3.7 bn † | 3.8 bn † | 4.1 bn † | 3.9 bn † | SEC (XBRL)· 23 Jan 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 310.7 m | -37.3 m | 183.4 m | 1.1 bn | 362.7 m | 335.7 m | SEC (XBRL)· 23 Jan 2026verified |
| Capex | 28.8 m | 39.4 m | 45.2 m | 35.5 m | 39.3 m | 48.4 m | SEC (XBRL)· 23 Jan 2026verified |
| Free cash flow | 281.8 m ≈ | -76.7 m ≈ | 138.2 m ≈ | 1.0 bn ≈ | 323.4 m ≈ | 287.3 m ≈ | SEC (XBRL)· 23 Jan 2026derived |
| Investing cash flow | -26.6 m | -38.1 m | -71.8 m | -58.1 m | -50.1 m | -61.8 m | SEC (XBRL)· 23 Jan 2026verified |
| Financing cash flow | -56.4 m | -315.0 m | -73.6 m | -627.5 m | -440.8 m | -642.6 m | SEC (XBRL)· 23 Jan 2026verified |
| Dividends paid | 38.1 m | 54.1 m | 52.5 m | 56.8 m | 71.6 m | 68.6 m | SEC (XBRL)· 23 Jan 2026verified |
| Share repurchases | 0 | 188.2 m | 150.0 m | 411.4 m | 353.7 m | 541.3 m | SEC (XBRL)· 23 Jan 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 58.3% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 3.2 bn USD
Key indicators
Coverage and freshness
Score by group
58% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 13.14 – 55.56 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the reported interest expense is far older than the latest period (the filer changed its XBRL tag): a stale figure is not used
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E46.04 – 55.56 (Mid 52.52)12 companies used · median multiple 14.8x · quartiles 12.9x – 15.6xCCS, DFH, DHI, ECG, GRBK, LGIH, MHO, MTH, NVR, PHM, SDHC, TOL
- Dividend discount (DDM)13.14 – 17.67 (Mid 15.07)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 58.3% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 4.4% | 53 (vs peers) | 11% |
| FCF conversion · Quality | 12.6% | 0 (on a fixed band) | 11% |
| Revenue CAGR 3Y · Growth | -3.3% | 0 (on a fixed band) | 14% |
| EPS CAGR 3Y · Growth | -12.2% | 0 (on a fixed band) | 14% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | unavailable | unavailable | — |
| P/E (TTM) · Valuation | 14.6x | 54 (vs peers) | 18% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 0.9% | 11 (on a fixed band) | 14% |
| Shareholder yield (distributions) · Returns | 11.0% | 100 (on a fixed band) | 11% |
| Payout ratio (FCF) · Returns | 221.6% | 0 (on a fixed band) | 7% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/3 factors with a value
- Growth0/100 · 2/2 factors with a value
- Quality27/100 · 2/3 factors with a value
- Returns60/100 · 2/2 factors with a value
- Valuation35/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
KB HOME (KBH). Latest full fiscal year: 2025; data up to 2026-08-31.
Figures computed from the financial statements: revenue 6.2 bn USD in 2025; YoY growth -10.0%; net margin 4.4%; ROE 5.9%.
The estimated value range is 29.59–36.62 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 33.80 USD, the price of 52.06 USD leaves a potential of -35.1% (value / price − 1) and a margin of safety of -54.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 58.3% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Shareholder yield (distributions): 11.0%
What contradicts it
- FCF conversion: 12.6%
- Revenue CAGR 3Y: -3.3%
- EPS CAGR 3Y: -12.2%
- FCF yield: 0.9%
- Payout ratio (FCF): 221.6%
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): ROIC, Net debt / EBITDA, Interest coverage, Current ratio, EV/EBITDA.
Versus the vertical median
Operative Builders (SIC 1531) · same industry (4-digit SIC) · compared with 16 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| DHID.R. Horton, Inc. | 43.9 bn | 14.9 | 12.8% | 9.2% | −6.9% | −1% / +23% |
| PHMPultegroup, Inc. | 25.0 bn | 14.5 | 13.9% | 11.2% | −3.5% | +7% / +54% |
| NVRNVR, Inc. | 16.9 bn | 17.6 | 28.3% | 11.2% | −1.9% | −15% / +4% |
| TOLToll Brothers, Inc. | 14.3 bn | 12.5 | 14.4% | 11.1% | +1.1% | +11% / +81% |
| MTHMeritage Homes Corporation | 4.6 bn | 16.0 | 5.8% | — | unavailable | −3% / +1% |
| ECGEverus Construction Group, Inc. | 3.7 bn | 14.6 | 39.5% | 6.0% | +31.5% | −21% / unavailable |
| MHOM/i Homes, Inc. | 3.4 bn | 12.8 | 8.7% | 6.6% | −1.9% | −2% / +27% |
| KBHKb Home | 3.2 bn | 14.6 | 5.9% | 4.4% | −10.0% | −14% / +3% |
| GRBKGreen Brick Partners, Inc. | 2.8 bn | 10.6 | 14.3% | 14.2% | −1.0% | −3% / +39% |
| CCSCentury Communities, Inc. | 1.6 bn | 15.2 | 4.2% | 2.9% | −6.4% | −13% / −21% |
| LGIHLgi Homes, Inc. | 1.1 bn | 15.5 | 3.4% | 4.2% | −22.6% | −9% / −60% |
| BZHBeazer Homes USA Inc | 893.2 m | — | -0.7% | -0.4% | +1.8% | +49% / +38% |
| HOVHovnanian Enterprises Inc | 75.5 m | 77.0 | 2.2% | 0.6% | −0.9% | −20% / +16% |
| LGPSLogprostyle Inc. | — | — | 19.7% | 3.4% | +7.6% | −48% / unavailable |
| LRELead Real Estate Co., Ltd | — | — | 12.2% | 3.5% | −3.5% | −15% / −84% |
| SDHCSmith Douglas Homes Corp. | — | 19.1 | 6.0% | 0.5% | −0.4% | −47% / unavailable |
| DFHDream Finders Homes, Inc. | — | 13.0 | 7.6% | 2.6% | −2.9% | −37% / −49% |
1- and 3-year price returns: for KBH from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 29.82 Total return -41% · Per year -41% | 52.94 Total return 4% · Per year 4% | 80.04 Total return 56% · Per year 56% |
| 3 years | 24.57 Total return -49% · Per year -20% | 49.47 Total return 1% · Per year 0% | 82.73 Total return 66% · Per year 18% |
| 5 years | 20.24 Total return -55% · Per year -15% | 46.23 Total return -2% · Per year -0% | 85.51 Total return 76% · Per year 12% |
- Exit P/E± 12.37
- Net margin± 8.66
- Annual revenue growth± 7.68
- Annual dilution± 0.73
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
KB Home is one of the largest homebuilders in the U.S., focused on new single-family and attached homes aimed mainly at first-time and first move-up buyers. The company is now facing weaker demand, lower margins and pricing pressure, amid high mortgage rates and a growing supply of resale homes.
SWOT
Strengths
- The Built to Order strategy differentiates the product and supports customer satisfaction, and build times have shortened significantly 12. The balance sheet and liquidity provide flexibility in periods of weak demand 13.
- A presence in many U.S. markets and a product range suited to first-time buyers reduce reliance on any single region 1.
- The share repurchase program and quarterly dividend show a disciplined approach to capital allocation 3.
Weaknesses
- Gross margins declined in fiscal 2025 and 2026 due to lower prices, higher land costs and reduced operating leverage 12.
- A large share of first-time buyers makes the company sensitive to mortgage credit availability and labor market changes 1.
- Debt has increased since the end of the prior fiscal year, and borrowing under the credit facility has added pressure on the capital structure 3.
Opportunities
- The structural undersupply of new homes and favorable demographics could support long-term demand if mortgage rates fall 1.
- A higher share of Built to Order orders could improve margins if pricing stabilizes 23.
- New community openings and the return to markets such as Atlanta could expand the delivery base 13.
Threats
- High mortgage rates, persistent inflation and geopolitical uncertainty could again limit demand and buyers' purchasing capacity 12.
- Rising resale home inventory could force further price cuts and more concessions 12.
- Difficult access to land and delays in government approvals could slow the development of new communities 1.
Risks
- Weak demand and low confidencehigh
Adverse economic conditions and weak consumer confidence could reduce new orders and increase contract cancellations 12.
- Margin pressurehigh
Price reductions and higher land and construction costs could lower gross margins and profitability 12.
- Dependence on third-party lendersmedium
The company relies on third-party lenders to finance buyers, and their delays or refusals could postpone deliveries 1.
- Access to landmedium
A lack of suitable land and competition for acquisitions could limit community growth and operating scale 1.
- Financing costsmedium
Variable-rate borrowings could become more expensive if reference rates rise, and debt has increased in fiscal 2026 13.
Investment thesis
What would need to be true (bull case)
- The Built to Order model and shorter build times supported a sequential recovery in deliveries and margins, and the company returned to growth in active communities 23.
- The structural undersupply of new homes and demographic growth could support long-term demand if mortgage rates decline 1.
- The share repurchase program and available liquidity could support shareholder value even during periods of pressure 13.
What would break the thesis
- Demand remains under pressure from high mortgage rates, limited affordability and weak confidence, and orders declined in the third quarter 12.
- Gross margins are lower than a year earlier, and falling prices in some areas could continue to weigh on them 12.
- Debt and credit facility borrowings have increased, which could limit financial flexibility if the market does not recover 3.
What to watch
- Trend in net orders and backlog valueQ4 2026
- Delivery and housing revenue guidance versus results2026
- Housing gross margin excluding inventory-related chargesQ4 2026
- Debt level and use of the credit facilitynext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
KB Home builds attached and detached single-family homes, townhomes and condominiums, designed mainly for first-time buyers and those moving up. Homebuilding accounted for 99.6% of total revenues in 2025 1, and the remainder comes from financial services, including insurance, title services and mortgage origination through the KBHS joint venture. Its core Built to Order model starts construction only after a buyer signs a contract, which reduces unsold inventory risk 1.
The KB Edge strategy aims for a top-five position in each served market, through land acquisitions of entitled parcels, usually one to three years of supply. The company offers a transparent base price with limited concessions and personalization through its design studios. Asset efficiency and inventory turns are its operating priorities 1.
In 2026 the company reported a return to a predominantly Built to Order mix, with a higher active community count and land portfolio, but lower margins 23. Its operations rest on regional divisions with considerable autonomy over land purchases, development and pricing 1.
Segments
Homebuilding
Homebuilding generated 99.6% of total revenues in 2025 1. In the quarter ended August 31, 2026, housing revenues fell 20% year over year and homes delivered declined 19% 23.
Financial services
Financial services, which made up the remaining revenues, include insurance, title services and mortgage origination through KBHS, a joint venture with a third party 1. Pretax income in this segment declined in the third quarter of fiscal 2026, reflecting weaker title and insurance results 3.
Market context
The new-home market in the U.S. was difficult in fiscal 2025 and 2026, with demand limited by high mortgage rates, affordability constraints and weak consumer confidence 12. Structural drivers such as population growth and the chronic undersupply of new homes remain supportive over the long term, according to the company 1.
In the third quarter of fiscal 2026, resale home inventory, the company's largest competitor, rose to its highest level in a decade, and prices are trending lower in several areas 2. Rising material and labor costs, along with limited access to suitable land, continue to pressure margins 1.
Trends
- Mortgage rates and affordabilityheadwind
High mortgage rates have reduced buyers' purchasing power, especially first-time buyers who form the core customer base 12. If rates decline significantly, demand could recover, but the company cannot assure any effect on demand or results 1.
- Resale home inventoryheadwind
Existing home inventory, the company's largest competitor, increased in 2026, and prices are falling in some areas 2. This pressure could force further price cuts or concessions to attract buyers 1.
- Built to Order modeltailwind
Shorter build times and a higher share of Built to Order orders supported a sequential recovery in demand and delivery mix 23. These orders could support long-term margins if pricing stabilizes 2.
- Land and construction costsmixed
Land investment rose in the third quarter of fiscal 2026, while construction and land costs weighed on gross margins 2. Cost pressure could persist, and operational efficiency is key to sustaining profitability 12.
Competitive position
KB Home competes with other homebuilders, sellers of existing homes and single-family rental operators, in markets where resale supply has increased 1. The company differentiates itself through personalization via its Built to Order model, shorter build times and customer satisfaction 1.
Competition has intensified as resale homes become more available, and price pressure could limit the company's ability to pass costs on to customers 12. Major rivals include other national homebuilders active in the same regions 1.
- Other national homebuilders
Compete directly in the same regional markets and for first-time buyers, according to the company's risk factors 1.
- Existing home sellers
Represent the largest competitor, and their supply rose substantially in 2026 12.
- Single-family rental operators
Compete for the same potential buyers, especially in markets where rental supply has grown 1.
- Regional homebuilders
Compete on pricing and land in local markets where acquisitions are contested 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- KB Home (KBH) Q3 2026 Earnings Call TranscriptYahoo Finance — News · 23 Sept 2026 · EN
- KB Home Q3 Earnings Call HighlightsYahoo Finance — News · 22 Sept 2026 · EN
- KB Home Cuts Margin Outlook as Housing Conditions WorsenYahoo Finance — News · 22 Sept 2026 · EN
- KB Home Stock Falls After Earnings Beat. High Rates and Cautious Buyers Lie Ahead.Yahoo Finance — News · 22 Sept 2026 · EN
- Jim Cramer Says KB Home (KBH) Could Report Weaker Numbers Like Lennar (LEN)Yahoo Finance — News · 21 Sept 2026 · EN
- How To Earn $500 A Month From KB Home Stock Ahead Of Q3 EarningsYahoo Finance — News · 18 Sept 2026 · EN
The latest news item in our archive is from 23 Sept 2026; the newest SEC filing is from 14 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report14 Oct 2026Departure or appointment of officers
- Quarterly report08 Oct 2026
- Current report22 Sept 2026Results of operations · Financial statements and exhibits
- Quarterly report09 Jul 2026
- Current report23 Jun 2026Results of operations · Financial statements and exhibits
- Current report01 May 2026Departure or appointment of officers
- Current report24 Apr 2026Shareholder vote
- Quarterly report09 Apr 2026
- Current report24 Mar 2026Results of operations · Financial statements and exhibits
- Proxy statement13 Mar 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-11-30 · SEC / KB Home · 23 Jan 2026
- [2] Form 10-Q, quarter ended 2026-08-31 · SEC / KB Home · 08 Oct 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / KB Home · 22 Sept 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.