KB Home (KBH)

Operating 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
Operating income (ttm) US$ in thousands 6,727,250 6,408,230 6,242,630 6,298,140 6,215,930 6,445,010 6,697,700 6,652,440 6,669,090 6,467,000 6,081,800 5,802,630 5,539,470 4,257,394 3,788,907 3,248,587 3,179,307 3,244,517 3,409,694 3,524,124
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
Operating profit margin 97.07% 97.03% 96.96% 96.98% 96.96% 96.53% 96.58% 96.56% 96.60% 97.41% 97.14% 97.00% 96.76% 81.19% 79.33% 76.46% 76.00% 71.35% 72.40% 73.16%

November 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,727,250K ÷ $6,930,090K
= 97.07%

The operating profit margin for KB Home has exhibited a generally increasing trend over the past few years, indicating efficient cost management and improved profitability. Starting at 73.16% in February 2020, the margin consistently improved to reach 97.07% by November 2024. This suggests that KB Home has been successful in generating higher profits from its operations relative to its revenue, reflecting the company's ability to control its operating expenses effectively. The high and consistently rising operating profit margin indicates that KB Home has been successful in optimizing its operations and is in a strong financial position.