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KBH

Low riskNext report: Around Dec 17 (est.)

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The short version

A profitable company with shrinking sales.

Going well

Profitable every year for 10 years
Brings in more cash than it spends
Buying back shares: share count down 23% in 3 years

Watch out for

Sales down 20% in the latest quarter vs a year ago

Money moves

No insider buying or selling in the last 30 days
Institutions added 4.2% to their holdings in the quarter ending June 2026 (177 bought, 209 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$46.34-1.5% that day

Company value: $2.8B; Share price times all shares
Price vs profit (P/E): 13.1x; You pay about $13 for each $1 of yearly profit
Price vs sales: 0.54x; Company value is 0.54 times a year of sales
Dividend yield: 2.2%; Yearly dividend as a share of today's price
Cash vs value: 6%; Cash as a share of company value

From KBH's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Aug '26

$1.3B-20% vs a year earlier

Nov '23Tap a barAug '26

Last 12 months: $5.2B, down 21% from the 12 months before. Over 5 years, sales grew about 8.3% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of KBH. Starting points are the company's recent numbers.

Sales growth-10% a yearRecently: -21% a yearProfit margin4%Last 12 months: 4.4%P/E at the end13xToday: 13.1x. Many steady companies trade at 12x to 25xShare count change-5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$3.1B

Profit in 5 years$122M

Price these guesses point to$33.84-27% vs $46.34 todayAbout -6.1% a year, before dividends

What today's price needs: with a 4% margin and a 13x P/E, sales could shrink about 4.2% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/5Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.10.8%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.9%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$287.3M
PassShare count not growingNot diluting owners. Falling means buybacks.-22.5% in 3 years

Revenue: $6.2B; -10.0% vs prior year
5-year growth: +8.3%/yr; revenue, per year
Free cash flow: $287.3M; 4.6% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Aug 31, 2026

Reported Sep 22

Revenue: $1.3B; -20.0% YoY
EPS: $1.05; vs $1.61
Free cash flow: -$145.0M
Share count: -8.8%; vs a year ago

Insider rating

Last 90 days

No open-market insider buys or sells in the last 90 days.

Weekly insider trend

No trades to chart yet.

Filing buzz

Last 7 days vs normal

0/ 100

This week: 1
Normal week: 0.7
vs normal: 1.4x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+4.2%

Institutions added 4.2% to their holdings. 177 bought, 209 sold. 2 quarters of net buying in a row.

Shares held by institutions63.5M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-8.5%

Cash runwayAt last year's cash burn

Cash flow positive

Shares outstandingLatest reported

61M

Earnings reports

Last 12

Next reportAround Dec 17 (est.)Estimated from the same quarter last year

Results filedSep 22
Results filedJun 23
Results filedMar 24
Results filedDec 18, 2025
Results filedSep 24, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Oct 27 · View filing ↗Big holder New 5%+ holder (passive)Jul 31 · View filing ↗Big holder New 5%+ holder (passive)Jul 31 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

No open-market buys or sells in 90 days. Grants and option exercises are left out.

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.

Latest filings

Straight from SEC EDGAR

5%+ holder update (passive)Oct 27 · Form SCHEDULE 13G/A ↗Leadership changeOct 14 · Form 8-K ↗Quarterly reportOct 8 · Form 10-Q ↗Earnings resultsSep 22 · Form 8-K ↗

SoldAlbert Z PrawEVP, Real Estate & Bus. Dev.

22,015 shares at $58.70 · $1.3M

-17% of holdings
Now owns 104,062 shares
Not a pre-planned sale
Filed 2 days after trade

Aug 5Form 4 ↗

SoldArthur Reginald CollinsDirector

4,000 shares at $56.96 · $228K

-30% of holdings
Now owns 9,157 shares
Not a pre-planned sale
Filed 1 day after trade

Aug 6Form 4 ↗

Planned insider saleAug 6 · Form 144 ↗Planned insider saleAug 5 · Form 144 ↗New 5%+ holder (passive)Jul 31 · Form SCHEDULE 13G ↗New 5%+ holder (passive)Jul 31 · Form SCHEDULE 13G ↗

SoldRobert V. McgibneyPresident and CEO, Director

20,621 shares at $55.31 · $1.1M

-10% of holdings
Now owns 188,705 shares
Not a pre-planned sale
Filed 2 days after trade
Also: Option exercise

Jul 13Form 4 ↗

SoldJeffrey T MezgerExecutive Chairman, Director

274,952 shares at $55.32 avg ($54.87 to $56.70) · $15.2M

-13% of holdings
Now owns 1,894,234 shares
Not a pre-planned sale
6 transactions
Filed same day
Also: Option exercise

Jul 15Form 4 ↗

Shelf offering registrationJul 14 · Form S-3ASR ↗Planned insider saleJul 13 · Form 144 ↗Planned insider saleJul 13 · Form 144 ↗

Source: SEC EDGAR filings. For informational purposes. Not investment advice.

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