KB Home (KBH)

Net profit margin

		Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020
Net income (ttm)	US$ in thousands	655,018	614,715	607,319	603,342	590,177	656,285	761,681	807,909	816,666	774,490	669,258	601,952	564,746	496,603	424,921	333,546	296,243	313,319	303,040	298,512
Revenue (ttm)	US$ in thousands	6,930,090	6,604,180	6,438,580	6,494,090	6,410,630	6,676,670	6,934,560	6,889,300	6,903,780	6,638,950	6,261,150	5,981,980	5,724,930	5,243,990	4,775,903	4,248,983	4,183,183	4,547,603	4,709,380	4,817,210
Net profit margin		9.45%	9.31%	9.43%	9.29%	9.21%	9.83%	10.98%	11.73%	11.83%	11.67%	10.69%	10.06%	9.86%	9.47%	8.90%	7.85%	7.08%	6.89%	6.43%	6.20%

November 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $655,018K ÷ $6,930,090K
= 9.45%

The net profit margin of KB Home has shown a generally increasing trend over the period from February 29, 2020, to November 30, 2024. Starting at 6.20% in February 2020, the net profit margin consistently improved to reach its peak of 11.83% in November 30, 2022. Thereafter, the net profit margin experienced some fluctuations but generally remained elevated above previous levels. The company's ability to generate profits relative to its revenue also improved over time, indicating effective cost management and operational efficiency. Overall, the increasing net profit margin reflects KB Home's strengthening profitability and financial performance during the analyzed period.