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Kb Home (KBH) Fundamental Analysis & AI Grade 2026

KBH NYSE Operative Builders DE CIK: 0000795266
Updated This Month • Analysis: Jul 29, 2026 • SEC Data: 2026-05-31
Combined AI Grade
C
70% Confidence
AGREEMENT
C
73% Conf
B
68% Conf

📊 KBH Key Takeaways

Revenue: $2.2B
Net Margin: 2.8%
Free Cash Flow: $-116.4M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $0.96
AI Grade: C with 73% confidence
Kb Home (KBH) receives a C fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $2.2B, net profit margin of 2.8%, and return on equity (ROE) of 1.6%, Kb Home demonstrates mixed fundamentals in the Market sector. Below is our complete KBH stock analysis for 2026.

Is Kb Home (KBH) a Good Investment?

Claude

KB Home faces severe operational deterioration with 10% revenue decline paired with negative operating cash flow of -$93.5M, revealing that the business is burning cash despite positive accounting income. The combination of deeply negative free cash flow (-$116.4M), razor-thin net margins (2.8%), and minimal capital returns (ROE 1.6%, ROA 0.9%) indicates fundamental stress in the homebuilding segment.

ChatGPT

KB Home remains profitable and has a substantial $3.80B equity base, but declining revenue, sharply lower diluted EPS, and negative operating cash flow indicate weakening growth quality. The assessment is tempered by material data gaps and an apparent inconsistency in reported gross versus operating profit, making financial health and leverage difficult to verify.

Kb Home Key Strengths (KBH)

Claude
  • + Maintains positive operating income of $345.7M and respectable 15.8% operating margin despite revenue contraction
  • + Strong balance sheet with $200.8B cash reserves and minimal debt (0.00x Debt/Equity) provides financial flexibility
  • + Positive net income of $60.8M demonstrates the core business remains marginally profitable
ChatGPT
  • + Net income remained slightly positive year over year despite a 10.0% revenue decline
  • + Positive operating income and a reported 15.8% operating margin
  • + Stockholders' equity of $3.80B provides a meaningful capital base

KBH Stock Risks: Kb Home Investment Risks

Claude
  • ! Negative operating cash flow of -$93.5M indicates core business is destroying cash, not generating it
  • ! Negative free cash flow of -$116.4M is unsustainable and signals capital constraint ahead without intervention
  • ! Revenue declining 10% YoY suggests market headwinds, pricing pressure, or demand weakness in housing sector
ChatGPT
  • ! Revenue declined 10.0% and diluted EPS fell 27.2%, signaling deteriorating operating momentum
  • ! Operating cash flow was negative $93.47M and free cash flow was negative $116.36M
  • ! Missing liabilities and debt data, plus operating income exceeding gross profit, materially reduce data reliability

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory - must return to positive to validate business sustainability
  • * Revenue stabilization and housing order backlog - early indicator of market recovery
  • * Cash burn rate and balance sheet adequacy - critical given negative FCF
ChatGPT
  • * Operating cash flow and inventory-related working-capital changes
  • * Revenue growth and diluted EPS trend

Kb Home (KBH) Financial Metrics & Key Ratios

Revenue
$2.2B
Net Income
$60.8M
EPS (Diluted)
$0.96
Free Cash Flow
$-116.4M
Total Assets
$6.8B
Cash Position
$200.8M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

KBH Profit Margin, ROE & Profitability Analysis

Gross Margin 11.0%
Operating Margin 15.8%
Net Margin 2.8%
ROE 1.6%
ROA 0.9%
FCF Margin -5.3%

KBH vs Market Sector: How Kb Home Compares

How Kb Home compares to Market sector averages

Net Margin
KBH 2.8%
vs
Sector Avg 12.0%
KBH Sector
ROE
KBH 1.6%
vs
Sector Avg 15.0%
KBH Sector
Current Ratio
KBH 0.0x
vs
Sector Avg 1.8x
KBH Sector
Debt/Equity
KBH 0.0x
vs
Sector Avg 0.7x
KBH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Kb Home Stock Overvalued? KBH Valuation Analysis 2026

Based on fundamental analysis, Kb Home has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
1.6%
Sector avg: 15%
Net Profit Margin
2.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Kb Home Balance Sheet: KBH Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
N/A

KBH Revenue & Earnings Growth: 5-Year Financial Trend

KBH 5-year financial data: Year 2021: Revenue $5.7B, Net Income $268.8M, EPS $2.85. Year 2022: Revenue $6.9B, Net Income $296.2M, EPS $3.13. Year 2023: Revenue $6.9B, Net Income $564.7M, EPS $6.01. Year 2024: Revenue $6.9B, Net Income $816.7M, EPS $9.09. Year 2025: Revenue $6.9B, Net Income $590.2M, EPS $7.03.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Kb Home's revenue has grown significantly by 21% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.03 reflects profitable operations.

KBH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-5.3%
Free cash flow / Revenue

KBH Quarterly Earnings & Performance

Quarterly financial performance data for Kb Home including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $1.1B $27.3M $0.43
Q1 2026 $1.1B $33.4M $0.52
Q3 2025 $1.6B $109.8M $1.61
Q2 2025 $1.5B $107.9M $1.50
Q1 2025 $1.4B $109.6M $1.49
Q3 2024 $1.6B $149.9M $1.80
Q2 2024 $1.7B $164.4M $1.94
Q1 2024 $1.4B $125.5M $1.45

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Kb Home Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$93.5M
Cash generated from operations
Stock Buybacks
$130.1M
Shares repurchased (TTM)
Capital Expenditures
$22.9M
Investment in assets
Dividends Paid
$32.6M
Returned to shareholders

KBH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Kb Home (CIK: 0000795266)

📋 Recent SEC Filings

Date Form Document Action
Aug 7, 2026 4 xslF345X06/wk-form4_1786136298.xml View →
Aug 7, 2026 4 xslF345X06/wk-form4_1786136100.xml View →
Jul 15, 2026 4 xslF345X06/wk-form4_1784150282.xml View →
Jul 15, 2026 4 xslF345X06/wk-form4_1784150266.xml View →
Jul 9, 2026 10-Q kbh-20260531.htm View →

Frequently Asked Questions about KBH

What is the AI rating for KBH?

Kb Home (KBH) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KBH's key strengths?

Claude: Maintains positive operating income of $345.7M and respectable 15.8% operating margin despite revenue contraction. Strong balance sheet with $200.8B cash reserves and minimal debt (0.00x Debt/Equity) provides financial flexibility. ChatGPT: Net income remained slightly positive year over year despite a 10.0% revenue decline. Positive operating income and a reported 15.8% operating margin.

What are the risks of investing in KBH?

Claude: Negative operating cash flow of -$93.5M indicates core business is destroying cash, not generating it. Negative free cash flow of -$116.4M is unsustainable and signals capital constraint ahead without intervention. ChatGPT: Revenue declined 10.0% and diluted EPS fell 27.2%, signaling deteriorating operating momentum. Operating cash flow was negative $93.47M and free cash flow was negative $116.36M.

What is KBH's revenue and growth?

Kb Home reported revenue of $2.2B.

Does KBH pay dividends?

Kb Home pays dividends, with $32.6M distributed to shareholders in the trailing twelve months.

Where can I find KBH SEC filings?

Official SEC filings for Kb Home (CIK: 0000795266) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KBH's EPS?

Kb Home has a diluted EPS of $0.96.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is KBH's fundamental grade?

Based on our AI fundamental analysis in August 2026, Kb Home has a C grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is KBH stock overvalued or undervalued?

Valuation metrics for KBH: ROE of 1.6% (sector avg: 15%), net margin of 2.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is KBH's AI grade for 2026?

Our dual AI analysis gives Kb Home a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KBH's free cash flow?

Kb Home's operating cash flow is $-93.5M, with capital expenditures of $22.9M. FCF margin is -5.3%.

How does KBH compare to other Market stocks?

Vs Default sector averages: Net margin 2.8% (avg: 12%), ROE 1.6% (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jul 29, 2026 | Data as of: 2026-05-31 | Powered by Claude AI