Company Quick10K Filing
KB Home
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 95 $2,374
10-Q 2019-10-04 Quarter: 2019-08-31
10-Q 2019-07-09 Quarter: 2019-05-31
10-Q 2019-04-05 Quarter: 2019-02-28
10-K 2019-01-24 Annual: 2018-11-30
10-Q 2018-10-09 Quarter: 2018-08-31
10-Q 2018-07-06 Quarter: 2018-05-31
10-Q 2018-04-06 Quarter: 2018-02-28
10-K 2018-01-26 Annual: 2017-11-30
10-Q 2017-10-05 Quarter: 2017-08-31
10-Q 2017-07-07 Quarter: 2017-05-31
10-Q 2017-04-05 Quarter: 2017-02-28
10-K 2017-01-27 Annual: 2016-11-30
10-Q 2016-10-04 Quarter: 2016-08-31
10-Q 2016-07-08 Quarter: 2016-05-31
10-Q 2016-04-08 Quarter: 2016-02-29
10-K 2016-01-25 Annual: 2015-11-30
10-Q 2015-10-09 Quarter: 2015-08-31
10-Q 2015-07-02 Quarter: 2015-05-31
10-Q 2015-04-08 Quarter: 2015-02-28
10-K 2015-01-22 Annual: 2014-11-30
10-Q 2014-10-09 Quarter: 2014-08-31
10-Q 2014-07-09 Quarter: 2014-05-31
10-Q 2014-04-07 Quarter: 2014-02-28
10-K 2014-01-27 Annual: 2013-11-30
10-Q 2013-10-10 Quarter: 2013-08-31
10-Q 2013-04-09 Quarter: 2013-02-28
10-K 2013-01-18 Annual: 2012-11-30
10-Q 2012-10-09 Quarter: 2012-08-31
10-Q 2012-07-10 Quarter: 2012-05-31
10-Q 2012-04-09 Quarter: 2012-02-29
10-K 2012-01-30 Annual: 2011-11-30
10-Q 2011-10-11 Quarter: 2011-08-31
10-Q 2011-07-11 Quarter: 2011-05-31
10-Q 2011-04-11 Quarter: 2011-02-28
10-K 2011-01-31 Annual: 2010-11-30
10-Q 2010-10-08 Quarter: 2010-08-31
10-Q 2010-07-09 Quarter: 2010-05-31
10-Q 2010-04-09 Quarter: 2010-02-28
10-K 2010-01-29 Annual: 2009-11-30
8-K 2020-01-09 Earnings, Exhibits
8-K 2019-11-04 Other Events, Exhibits
8-K 2019-10-21
8-K 2019-10-07 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-10-03 Officers
8-K 2019-09-25 Earnings, Exhibits
8-K 2019-07-11 Officers, Amend Bylaw, Exhibits
8-K 2019-06-26 Earnings, Exhibits
8-K 2019-04-11 Shareholder Vote
8-K 2019-03-26 Earnings, Exhibits
8-K 2019-02-20 Other Events, Exhibits
8-K 2019-02-05 Other Events, Exhibits
8-K 2019-01-24 Officers
8-K 2019-01-09 Earnings, Exhibits
8-K 2018-10-10 Officers
8-K 2018-09-25 Earnings, Exhibits
8-K 2018-07-12 Officers
8-K 2018-06-28 Earnings, Exhibits
8-K 2018-06-11 Officers, Exhibits
8-K 2018-05-15 Other Events, Exhibits
8-K 2018-04-12 Enter Agreement, Shareholder Rights, Shareholder Rights, Shareholder Vote, Exhibits
8-K 2018-03-22 Earnings, Exhibits
8-K 2018-01-25 Officers
8-K 2018-01-10 Earnings, Exhibits

KB Home Financials

KBH Metrics, Comps, Filings

Annual | Quarterly

Business

KB Home is one of the largest and most recognized homebuilding companies in the U.S. We have been building homes for over 60 years, with more than 600,000 homes delivered since our founding in 1957. We build a variety of new homes designed primarily for first-time and first move-up, as well as second move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. We offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. Our homebuilding operations represent the majority of our business, accounting for 99.7% of our total revenues in 2018. Our financial services operations, which accounted for the remaining.3% of our total revenues in 2018, offer various insurance products to our homebuyers in the markets where we build homes and provide title services in certain of those markets. Our financial services operations also provide mortgage banking services, including residential consumer mortgage loan ("mortgage loan") originations, to our homebuyers indirectly through KBHS Home Loans, LLC ("KBHS"), an unconsolidated joint venture we formed with Stearns Lending, LLC ("Stearns").

Unless the context indicates otherwise, the terms "we," "our" and "us" used in this report refer to KB Home, a Delaware corporation, and its predecessors and subsidiaries. Also, as used in this report, "home" is a single-family residence, whether it is a single-family home or other type of residential property; "community" is a single development in which new homes are constructed as part of an integrated plan; and "community count" is the number of communities we have open for sales with at least five homes/lots left to sell.

The following charts present homes delivered, homebuilding revenues, homebuilding operating income and pretax income for the years ended November 30, 2016, 2017 and 2018:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Thor Industries (THO) 3,147 12% 10.6 2% 5,660 3,565 7,865 973 133 437 4,650
KB Home (KBH) 2,374 6% 6.9 5% 4,920 2,725 4,407 246 262 319 2,195
Taylor Morrison Home (TMHC) 2,134 18% 11.4 5% 5,178 2,775 4,685 822 237 353 4,028
MDC Holdings (MDC) 2,040 0% 8.9 7% 3,086 1,425 882 0 203 288 2,569
Meritage Homes (MTH) 2,023 5.4 6% 3,467 1,669 0 0 206 298 1,615
LGI Homes (LGIH) 1,815 24% 8.3 10% 1,486 761 1,555 379 145 215 1,777
Installed Building Products (IBP) 1,657 28% 14.9 7% 916 710 1,416 393 60 136 2,018
Tri Pointe Group (TPH) 1,610 8% 5.1 5% 3,878 1,791 3,101 235 191 283 1,438
Skyline Champion (SKY) 1,486 19% -683.3 -6% 722 290 1,410 266 -40 -2 1,392
Cavco Industries (CVCO) 1,440 22% 12.5 9% 756 206 980 215 70 98 1,227
Winnebago Industries (WGO) 1,177 15% 7.6 10% 1,083 480 1,991 308 110 189 1,439
St Joe (JOE) 982 0% 20.3 2% 906 364 92 0 18 43 865
MI Homes (MHO) 795 5% 4.7 5% 2,089 1,185 2,395 130 110 166 775
Century Communities (CCS) 772 0% 6.5 3% 2,410 1,513 2,367 0 76 113 737
William Lyon Homes (WLH) 759 6% 9.4 4% 2,946 1,920 2,116 123 105 226 2,135
Xinyuan Real Estate (XIN) 492 0% 8,034 7,288 0 0 0 0 -694
Beazer Homes (BZH) 437 13% -28.0 -1% 2,120 1,586 1,306 176 -21 -13 353
Green Brick Partners (GRBK) 418 21% 4.8 7% 833 322 687 143 57 79 380
Legacy Housing (LEGH) 304 41% 14.0 6% 252 43 84 34 16 21 302
Select Interior Concepts (SIC) 267 28% 8.9 0% 429 277 556 154 0 47 421

Balance Sheet ($MM)2010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash1156404130300721575
Accounts Receivable
Inventory
PP&E8881213142024
Assets3,110508-112,788-3,735-3,7693,6735,0425,074
Accounts Payable
Long-Term Debt
Liabilities2,47865-112,828-5,331-3,7291,9503,1152,986
Stockholders' Equity6324430-401,596-391,7231,9262,088
Income Statement ($MM)2010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Revenue1,59057002,0360004,3694,547
Cost of Revenue
Gross Profit
R&D
SG&A290531196169092426444
Tax-70-21243109198
Net Income-69-179-240918-5990181170
Cash Flow ($MM)2010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash Operating-134-169-840-6810188513222
Cash Investing-16-0-1518-795-45-1-16-20
Cash Financing-119-2607753353945-184-370-347