Kb Home (KBH) Gross Margin (2009 - 2026)
Kb Home (KBH) recorded Gross Margin of -66.08% in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 3.72 percentage points from -62.36% a year earlier but up 2.13 percentage points from the prior quarter.
Kb Home (KBH) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Kb Home's Gross Margin came in at -66.49% as of Aug 31, 2026, up 52.46 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it came in at -61.72%, down 4.46 percentage points from FY2024.
- Annual Gross Margin has declined for three straight fiscal years, with a five-year change of -80.91 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at -57.26% in FY2024 (-0.50 pp), -56.76% in FY2023 (-81.24 pp), 24.49% in FY2022 (+2.55 pp) and 21.93% in FY2021 (+2.74 pp).
- Quarterly Gross Margin has ranged from -278.70% in fiscal Q4 2023 to 26.80% in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -6.60 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 186.78 percentage points in fiscal Q4 2025, against a drop of 301.43 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -68.21% (Q2 2026), -68.42% (Q1 2026) and -64.45% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.23 Bn | 29.53 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 21.49 Bn | 14.78 Bn | 1.06 Bn | 26.57% |
| 3 | Lennar | 18.48 Bn | 8.85 Bn | 618.54 Mn | 7.69% |
| 4 | Nvr | 15.99 Bn | 9.28 Bn | 485.14 Mn | 20.85% |
| 5 | Toll Brothers | 12.69 Bn | 8.07 Bn | 625.22 Mn | 23.52% |
| 6 | Champion Homes | 4.23 Bn | 1.71 Bn | - | - |
| 7 | Cavco Industries | 4.02 Bn | 2.77 Bn | - | - |
| 8 | Meritage Homes | 3.91 Bn | 831.07 Mn | 513.60 Mn | 18.28% |
| 9 | M | 2.95 Bn | 20.36 Mn | 235.50 Mn | 22.15% |
| 10 | Kb Home | 2.62 Bn | 1.82 Bn | -857.09 Mn | -66.08% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -66.08% |
| May 31, 2026 | -68.21% |
| Feb 28, 2026 | -68.42% |
| Nov 30, 2025 | -64.45% |
| Aug 31, 2025 | -62.36% |
| May 31, 2025 | -60.47% |
| Feb 28, 2025 | -59.03% |
| Nov 30, 2024 | -251.23% |
| Aug 31, 2024 | 20.94% |
| May 31, 2024 | 21.51% |
| Feb 29, 2024 | 21.89% |
| Nov 30, 2023 | -278.70% |
| Aug 31, 2023 | 21.84% |
| May 31, 2023 | 21.46% |
| Feb 28, 2023 | 21.78% |
| Nov 30, 2022 | 22.74% |
| Aug 31, 2022 | 26.80% |
| May 31, 2022 | 25.48% |
| Feb 28, 2022 | 22.64% |
| Nov 30, 2021 | 22.89% |
Kb Home Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KBH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KBH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();