Detail akcie KB Home online

Business Summary: KB Home is a homebuilding company, which builds a variety of new homes, including attached and detached single-family residential homes, townhomes and condominiums, designed primarily for first-time and first move-up, as well as second move-up and active adult homebuyers. It offers homes in development communities, in urban in-fill locations and as part of mixed-use projects. The Company's segments include homebuilding and financial services. The homebuilding segment is engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers various insurance products to its homebuyers in the markets where the Company builds homes and provides title services in certain of those markets. Its financial services also provide mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through KBHS Home Loans, LLC, an unconsolidated joint venture between the Company and a third party.
Financial Summary: BRIEF: For the fiscal year ended 30 November 2024, KB Home revenues increased 8% to $6.93B. Net income applicable to common stockholders increased 11% to $650.2M. Revenues reflect West Coast segment increase of 26% to $2.93B, Southeast segment increase of 14% to $1.21B. Net income benefited from Interest income and other increase from $13.8M to $32.1M (income), Equity in income (loss) of unconsolidate increase of 73% to $27.2M (income).