KB Home

What KB Home does

KB Home is a publicly traded U.S. homebuilder (NYSE: KBH), founded in 1957 as Kaufman & Broad and headquartered in Los Angeles with a planned relocation to Tempe, Arizona in spring 2027. The company constructs single-family homes and townhomes across 49 U.S. markets spanning California, Arizona, Nevada, Washington, Texas, Florida, Colorado, Idaho, North Carolina, South Carolina, and Georgia, with 271 operating communities and a lot pipeline of 63,257 homesites. KB Home operates a built-to-order model in which buyers personalize floor plans, exterior styles, and design selections through the KB Home Design Studio before construction begins, with approximately 5-6 month delivery timelines; 73% of Q2 2026 net orders came from this model. The company serves First-Time Homebuyers (entry-level, from $170,000s in Texas), Move-Up Buyers (mid-market, $400,000s-$700,000s), and Luxury/High-End Buyers (premium California and Las Vegas, up to $1.7M), with 2,395 homes delivered in Q2 2026 at an ASP of $461,900.

KB Home's technology and product platform centers on energy-efficient construction with over 217,000 ENERGY STAR certified homes delivered (average HERS Index score of 43), 31,000+ WaterSense labeled homes, and wildfire-resilient communities (Dixon Trail and Stone Canyon) meeting IBHS highest protection standards. The company distributes directly to consumers through on-site community sales offices, the MyKB digital platform, a mobile app for real-time construction tracking, and an affiliated mortgage partner KBHS Home Loans. Revenue is recognized upon home delivery/closing on a one-time transaction basis, with FY2025 revenue of $6.24 billion and approximately 13,000 homes delivered across the portfolio. FY2026 guidance has been revised to $4.90B-$5.30B reflecting the broader housing cycle downturn.

The business model combines direct-to-consumer home sales, integrated mortgage financing through KBHS Home Loans, and brand partnerships with Whirlpool, Kohler, Moen, Shaw Floors, Sherwin-Williams, and Dal-Tile to deliver personalization at scale. KB Home has paid dividends for 41 consecutive years with an annualized $1.00 per share dividend and operates with approximately 3,000 employees. Recent strategic priorities include transitioning fully to the built-to-order model for margin predictability, expanding into the Atlanta market in 2026-2027, consolidating operations in Arizona, and pursuing sustainability leadership recognized by TIME100 Most Influential Companies (2026) and Newsweek's top-ranked responsible homebuilder for five consecutive years.

Name

KB Home

Legal name

KB Home

Website

https://kbhome.com

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

KB Home is a publicly traded U.S. homebuilder (NYSE: KBH) operating 271 communities across 49 markets, serving First-Time, Move-Up, and Luxury homebuyers through a built-to-order construction model with integrated mortgage financing via KBHS Home Loans and delivering approximately 13,000 homes and over $6 billion in FY2025 revenue.

Ownership category

akta.pro rank

Product category

Residential Homebuilding

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (2361)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Single-Family Home Construction (Detached Homes) (IMAFABAA)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), New Construction & Builder Sales (BPAJAAAB)

Keywords

• Single-family home construction
• Build-to-order homes
• Energy-efficient housing
• Master-planned communities
• Mortgage lending services

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Homebuilding Revenue: KB Home generates the majority of its revenue from selling single-family homes through its community developments across 49 U.S. markets. Revenue is recognized upon home delivery/closing, with Q2 2026 revenue of $1.11 billion from 2,395 home deliveries at an average selling price of $461,900.
2. Design Studio Services: Revenue from design personalization services, options, and upgrades selected by buyers through the KB Home Design Studio, integrated into the overall home purchase price.
3. Land Development: Revenue from land acquisition and development activities, with lot inventory declining from 76,703 at year-end 2024 to 63,257 by 2025 as part of strategic lot pipeline management.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

KB Home builds and sells personalized single-family homes and townhomes across 49 U.S. markets using a build-to-order operating model that allows buyers to customize floor plans, exterior styles, and design selections before construction begins. The company supports the purchase through affiliated mortgage financing via KBHS Home Loans and a network of community sales offices and design studios featuring national brand partners.

Product overview

KB Home is a major U.S. homebuilder operating as a single unified platform with its core Built-to-Order model at the center. The company constructs single-family homes and townhomes across 49 U.S. markets, offering buyers a personalized homebuilding experience through its Design Studio where customers can customize floor plans, exteriors, and interior finishes. KB Home provides integrated services through its affiliated mortgage partner KBHS Home Loans and a mobile app for tracking the homebuilding process. The company's product portfolio includes ENERGY STAR certified homes with average HERS scores of 43, WaterSense labeled homes, and specialized wildfire-resilient communities in California. The Built-to-Order model differentiates KB Home by locking in costs before construction, providing margin predictability while reducing spec inventory risk.

Differentiator

Problem solved

Functional benefit

Products and services

• KB Home New Home Construction Build-to-order single-family homes and townhomes constructed across 49 U.S. markets, allowing buyers to personalize floor plans, exterior styles, and design choices before construction begins. Targeted at individual homebuyers including first-time, move-up, luxury, and environmentally-conscious purchasers.
• KB Home Design Studio Personalization service allowing buyers to customize their new home with flooring, cabinetry, countertops, fixtures, lighting, and appliance selections through partnerships with national brands. Integrated into the home purchase price.
• KBHS Home Loans Affiliated mortgage lending company offering integrated financing solutions for KB Home buyers, including various mortgage products at competitive rates to streamline the home purchasing process.
• ENERGY STAR Certified Homes Energy-efficient homes meeting ENERGY STAR certification standards with average HERS Index score of 43, targeting buyers prioritizing sustainability and reduced utility costs.
• WaterSense Labeled Homes Water-efficient homes featuring EPA WaterSense labeled fixtures and products, targeting environmentally-conscious buyers.
• Wildfire-Resilient Communities Specialized California communities (Dixon Trail and Stone Canyon) designed to meet Insurance Institute for Business & Home Safety's highest protection standards against wildfire threats. Targeted at buyers in fire-prone regions.

Quantifiable outcome

• Average HERS Index score of 43 across KB Home's national portfolio, indicating high energy efficiency
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• KBHS Home LoanscoreStrategic or Co-development PartnerKBHS Home Loans is KB Home's affiliated mortgage company providing integrated financing solutions for homebuyers. Headquartered in Irving, Texas (NMLS 1542802), the partnership enables seamless financing for KB Home purchases and creates a vertically integrated home buying experience.

Scale indicators7 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• PulteGroup: National homebuilder serving first-time, move-up, and active-adult buyer segments through brands like Centex, Pulte, and Del Webb. Comparable to KB Home in scale, public-market listing, and reliance on Western and Sunbelt geographies.
• D.R. Horton: The largest U.S. homebuilder by volume, with a national footprint spanning entry-level, move-up, and luxury segments. Directly comparable to KB Home on build-to-order capabilities, geographic overlap in Western and Southeast markets, and target buyer segments.
• NVR, Inc. Top-tier U.S. homebuilder with Ryan Homes and NVHomes brands; uses an asset-light land option strategy and build-to-order model similar to KB Home. Comparable on operational efficiency and direct-to-consumer sales motion.
• Meritage Homes: Mid-cap homebuilder with a strong energy-efficiency focus that directly competes with KB Home's ENERGY STAR and sustainability positioning. Operates across the Sunbelt and Western U.S. with similar entry-level and move-up buyer targets.
• Lennar Corporation: Second-largest U.S. homebuilder with a similar direct-to-consumer model, design studio concept, and integrated mortgage affiliate (Lennar Mortgage). Operates in many of the same 49+ markets as KB Home including California, Florida, Texas, and Arizona.
• M/I Homes: Mid-Atlantic and Midwest-focused homebuilder with a strong design-center personalization model similar to KB Home's Design Studio. Comparable on custom build-to-order approach and mid-market buyer targeting.
• Tri Pointe Homes: National homebuilder with significant exposure to California, Arizona, Nevada, and the Carolinas — overlapping with KB Home's core markets. Comparable on move-up and premium product offerings and brand-level geographic segmentation.
• Toll Brothers: Luxury-focused national homebuilder overlapping with KB Home's higher-end California, Nevada, and Arizona communities. Comparable on premium-segment product, custom design offerings, and affluent buyer segments.
• Beazer Homes USA: Sunbelt-focused homebuilder serving entry-level and move-up buyers, with energy-efficient home programs (e.g., Net Zero Ready) directly comparable to KB Home's ENERGY STAR leadership. Operates in overlapping Southeastern and Western markets.
• Taylor Morrison Home: Top-five U.S. homebuilder with comparable move-up and luxury focus, significant Sunbelt exposure, and design-studio-style personalization. Recent acquisition of William Lyon expanded its Western presence to compete directly with KB Home.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/kbhome
• LinkedInlinkedin.com/company/164581
• Facebookfacebook.com/kbhome

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KB Home