KBH KB Home margins

Relative Growth: Rel. Growth: 28

Relative Strength: Rel. Strength: 26

Relative Valuation: Rel. Valuation: 74

Relative Profitability: Rel. Profitability: 33

Gross margin

16.5%

Operating margin

5.1%

EBITDA margin

6.3%

Net margin

4.4%

Using the latest TTM figures, KB Home shows a gross margin of 16.5%, an operating margin of 5.1%, an EBITDA margin of 6.3%, and a net margin of 4.4%. Operating margin had the largest decline, decreasing by 4.6 percentage points, while the other available margins also declined.

KBH margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, KB Home recorded average margins of 19.93% gross, 9.57% operating, 10.8% EBITDA, and 7.87% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.

KBH margin expansion

Year-over-year margin changes in percentage points

Compared with last year, gross, operating, EBITDA, and net margins all declined, with operating margin showing the largest decrease at 4.6 percentage points.

Gross margin expansion

-3.5pp

Operating margin expansion

-4.6pp

EBITDA margin expansion

-4.5pp

Net margin expansion

-3.5pp

KBH Gross margin

In the last 3 years, KB Home had an average gross margin of 19.93%. Against its three-year average, KB Home's gross margin is currently 16.5%, 3.4 percentage points below its three-year average. Looking back over the last 3 years, KB Home's gross margin reached 21.6% at its highest point in May 2024 and 16.5% at its lowest in Aug 2026.

KBH Operating margin

Over the last 3 years, KB Home's operating margin averaged 9.57%. As of the latest period, KB Home's current operating margin is 5.1%, which is 4.5 percentage points below its three-year average. During this period, operating margin reached a high of 11.6% in Nov 2023 and a low of 5.1% in Aug 2026.

KBH EBITDA margin

The average EBITDA margin for KB Home was 10.8% over the last 3 years. As of the latest period, the current EBITDA margin for KB Home is 6.3%, 4.5 percentage points below its three-year average. The EBITDA margin for KB Home moved between 6.3% in Aug 2026 and 12.9% in May 2024.

KBH Net margin

KB Home recorded an average net margin of 7.87% across the last 3 years. The latest net margin for KB Home is 4.4%, 3.5 percentage points below its three-year average. Looking back over the last 3 years, KB Home's net margin reached 9.5% at its highest point in Nov 2024 and 4.4% at its lowest in Aug 2026.

KBH margin group comparison

Margins compared with peer-group, industry and sector averages

KB Home's gross margin of 16.5% is lower than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 36.2%, KB Home's gross margin is 54% lower.

KBH margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is KB Home's gross margin?

The current gross margin for KBH is 16.5% as of Aug 31, 2026.

What is KB Home's operating margin?

The current operating margin for KBH is 5.1% as of Aug 31, 2026.

What is KB Home's EBITDA margin?

For the period ending Aug 31, 2026, KBH recorded an EBITDA margin of 6.3%.

What is KB Home's net margin?

The current net margin for KBH is 4.4% as of Aug 31, 2026.

What are the average margins of KBH?

KB Home's average margins over the last 3 years were 19.9% gross, 9.6% operating, 10.8% EBITDA, and 7.9% net.

What are the highest historical margins of KBH?

In the last 5 years, the highest margins reported by KBH were 24.6% gross in Aug 2022, 15.3% operating in Nov 2022, 16% EBITDA in Nov 2022, and 11.8% net in Nov 2022.

What are the lowest historical margins of KBH?

KB Home's lowest recorded margins during the past 5 years were 16.5% gross in Aug 2026, 5.1% operating in Aug 2026, 6.3% EBITDA in Aug 2026, and 4.4% net in Aug 2026.