FY2025 · ended Nov 30, 2025 · Revenue $6.24B, -10.0% YoY · Filed Jan 23, 2026
KB Home (KBH) files with the SEC under industry code 1531, Operative Builders. In fiscal 2025, which ended Nov 30, 2025, it reported revenue of $6.2 billion and net income of $428.8 million. Free cash flow was $287.3 million. As of Aug 31, 2026 it held $160.1 million in cash and investments and $31.0 million in total debt.
Revenue (TTM)
$5.18B
-20.8% vs year-ago TTM
Net income (TTM)
$227.57M
-56.1% vs year-ago TTM
Operating cash flow (TTM)
$74.96M
-81.0% vs year-ago TTM
Free cash flow (TTM)
$28.66M
-91.8% vs year-ago TTM
EPS (TTM)
$3.58
-50.1% vs year-ago TTM
Dividend per share (TTM)
$1.00
+0.0% vs year-ago TTM
Shares outstanding
63.17M
-12.4% vs prior year
Net cash
$129.09M
as of Aug 31, 2026
Operating margin
7.6%
FY 2018
Company profile
- Industry
- Operative Builders (SIC 1531)
- Listed as
- KBH (NYSE)
- Fiscal year ends
- November 30
- Incorporated in
- DE
- Headquarters
- Los Angeles, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 795266
- Former names
- KAUFMAN & BROAD HOME CORP (until Jan 5, 2001)
Other Operative Builders companies
- Horton D R Inc /DE/ DHI
- Pultegroup INC/MI/ PHM
- NVR Inc NVR
- Toll Brothers, Inc. TOL
- Everus Construction Group, Inc. ECG
- Meritage Homes CORP MTH
- M/I Homes, Inc. MHO
- Green Brick Partners, Inc. GRBK
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Nov 30, 2025 |
FY 2024 Nov 30, 2024 |
FY 2023 Nov 30, 2023 |
FY 2022 Nov 30, 2022 |
FY 2021 Nov 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $6.2B | $6.9B | $6.4B | $6.9B | $5.7B |
| Net income | $428.8M | $655.0M | $590.2M | $816.7M | $564.7M |
| Diluted EPS | $6.15 | $8.45 | $7.03 | $9.09 | $6.01 |
| Operating cash flow | $335.7M | $362.7M | $1.1B | $183.4M | -$37.3M |
| Free cash flow | $287.3M | $323.4M | $1.0B | $138.2M | -$76.7M |
| Total assets | $6.7B | $6.9B | $6.6B | $6.7B | $5.8B |
| Stockholders' equity | $3.9B | $4.1B | $3.8B | $3.7B | $3.0B |
| Cash and investments | $230.4M | $599.2M | $727.3M | $330.2M | $292.1M |
| Total debt | $19.8M | $20.9M | $26.6M | $27.6M | $29.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Oct 14, 2026 | Oct 8, 2026 |
| 10-Q | Quarterly report | Oct 8, 2026 | Aug 31, 2026 |
| 8-K |
Current report
Results of operations
|
Sep 22, 2026 | Sep 22, 2026 |
| 10-Q | Quarterly report | Jul 9, 2026 | May 31, 2026 |
| 8-K |
Current report
Results of operations
|
Jun 23, 2026 | Jun 23, 2026 |
| 8-K |
Current report
Officer or director change
|
May 1, 2026 | Apr 29, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.