KB Home (KBH)
Operating return on assets (Operating ROA)
Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 6,701,920 | 6,179,380 | 6,633,010 | 5,505,970 | 3,956,120 |
Total assets | US$ in thousands | 6,936,170 | 6,648,360 | 6,651,930 | 5,835,920 | 5,356,440 |
Operating ROA | 96.62% | 92.95% | 99.72% | 94.35% | 73.86% |
November 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $6,701,920K ÷ $6,936,170K
= 96.62%
The operating return on assets (ROA) for KB Home has been showing an increasing trend over the past five years, starting at 73.86% on November 30, 2020, and reaching a peak of 99.72% on November 30, 2022. Despite a slight decrease in 2023 and 2024, the operating ROA remains relatively high, indicating the company's efficiency in generating profit from its assets. This trend suggests that KB Home has been effective in utilizing its assets to generate operating income, which is a positive sign for the company's financial performance and operational efficiency.
Peer comparison
Nov 30, 2024
Company name
Symbol
Operating ROA
KB Home
KBH
96.62%
Century Communities Inc
CCS
74.40%
DR Horton Inc
DHI
15.99%
Dream Finders Homes Inc
DFH
16.48%
Everus Construction Group Inc
ECG
16.22%
Green Brick Partners Inc
GRBK
18.66%
LGI Homes
LGIH
6.84%
M/I Homes Inc
MHO
14.60%
Meritage Corporation
MTH
-19.43%
NVR Inc
NVR
143.01%
PulteGroup Inc
PHM
82.88%