KB Home (KBH)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	6,936,170	6,839,880	6,805,680	6,683,490	6,648,360	6,576,990	6,483,020	6,514,100	6,651,930	6,730,590	6,579,480	6,188,330	5,835,920	5,756,350	5,618,930	5,426,780	5,356,440	5,177,430	5,042,000	5,052,830
Operating ROA		96.99%	93.69%	91.73%	94.23%	93.50%	97.99%	103.31%	102.12%	100.26%	96.08%	92.44%	93.77%	94.92%	73.96%	67.43%	59.86%	59.35%	62.67%	67.63%	69.75%

November 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $6,727,250K ÷ $6,936,170K
= 96.99%

Operating return on assets (Operating ROA) is a key financial metric that indicates the efficiency with which a company is utilizing its assets to generate operating income. For KB Home, the Operating ROA has shown fluctuations over the reporting periods based on the provided data.

From February 29, 2020, to November 30, 2024, KB Home's Operating ROA fluctuated within a range of 59.35% to 103.31%. The trend in the Operating ROA demonstrates some variability, with peaks and valleys observed throughout the timeline.

Overall, KB Home's Operating ROA has generally shown an increasing trend from the initial reporting date, experiencing some ups and downs in between but ending on a positive note. This improvement suggests that KB Home has been able to enhance its operational efficiency in generating income from its assets over time.

The highest recorded Operating ROA for KB Home was reported on November 30, 2023, at 103.31%, indicating a strong performance in operating income generation relative to its asset base. Conversely, the lowest Operating ROA during this period was reported on November 30, 2021, at 59.35%, highlighting a less efficient utilization of assets to generate operating income.

Overall, the trend in KB Home's Operating ROA indicates a positive trajectory with periods of both growth and decline. It is essential for investors and stakeholders to monitor this metric closely to assess the company's operational efficiency and profitability over time.