Forensic Analysis · Homebuilders & Residential Construction · as of Nov 9, 2026

Kb Home (KBH)

A forensic read on Kb Home built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

B · Sound & dependable

Forensic grade

Not computable

Earnings quality

Forensic signals

10.8%

ROE

-10.0%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Kb Home earns a B (Sound & dependable) forensic quality grade. 1 forensic signal was flagged in its latest SEC filings, led by shareholder returns.

What the filings flag

212% of FCF

FY2025

Shareholder returns. Returned $610M to shareholders (buybacks + dividends) in FY2025 — 212% of free cash flow. That is $323M (112%) more than free cash flow covered, and more than operating cash flow as well. It came out of the balance sheet's own liquid holdings, not new debt: cash fell $369M over FY2025. A payout past free cash flow draws the balance sheet down in every year it continues, which isn't sustainable indefinitely. Counting the $46M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 228%.

Key fundamentals

Latest Revenue$6.24B

Revenue Growth YoY-10.0%

Revenue CAGR (2yr)-1.4%

Net Margin6.9%

Free Cash Flow$287.3M

Return on Equity10.8%

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Kb Home's actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Nov 9, 2026. Forensic signals flag probability, not certainty.

See a wrong number? Report an error with the filing it should match.