KB Home (KBH)

Return on assets (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
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
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
ROA		9.44%	8.99%	8.92%	9.03%	8.88%	9.98%	11.75%	12.40%	12.28%	11.51%	10.17%	9.73%	9.68%	8.63%	7.56%	6.15%	5.53%	6.05%	6.01%	5.91%

November 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $655,018K ÷ $6,936,170K
= 9.44%

KB Home's Return on Assets (ROA) has shown a positive trend over the past few years, indicating the company's efficient use of its assets to generate profits. ROA increased steadily from 5.91% on February 29, 2020, to a peak of 12.40% on February 28, 2023. This strong performance suggests that KB Home has been effectively utilizing its assets to generate earnings during this period. However, there was a slight decline in ROA in the subsequent quarters, with the ratio dropping to 8.88% on November 30, 2023, and further decreasing to 8.99% on August 31, 2024.

Overall, the fluctuation in ROA indicates some variability in KB Home's asset efficiency and profitability levels in recent years. It is essential for stakeholders to monitor these changes and assess the underlying factors that may have influenced the company's performance in order to make informed decisions regarding investments in KB Home.