KB Home (KBH)
Return on assets (ROA)
| Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 655,018 | 590,177 | 816,666 | 564,746 | 296,243 |
| Total assets | US$ in thousands | 6,936,170 | 6,648,360 | 6,651,930 | 5,835,920 | 5,356,440 |
| ROA | 9.44% | 8.88% | 12.28% | 9.68% | 5.53% |
November 30, 2024 calculation
ROA = Net income ÷ Total assets
= $655,018K ÷ $6,936,170K
= 9.44%
The return on assets (ROA) for KB Home has shown a positive trend over the past five years. Starting at 5.53% on November 30, 2020, it increased steadily to reach 9.68% by November 30, 2021, indicating the company's improved ability to generate profits relative to its total assets. By November 30, 2022, the ROA experienced a significant jump to 12.28%, reflecting a more efficient utilization of assets to generate earnings. Although there was a slight decrease in ROA to 8.88% by November 30, 2023, the metric rebounded to 9.44% by November 30, 2024, indicating a solid performance in generating profits relative to its asset base. Overall, the increasing trend in ROA suggests that KB Home has been effectively utilizing its assets to generate higher returns for its stakeholders.
Peer comparison
Nov 30, 2024