KB Home (KBH)

Return on total capital

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Earnings before interest and tax (EBIT) US$ in thousands 554,189 850,918 718,737 1,072,070 695,346
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 3,900,860 4,060,620 3,810,140 3,660,800 3,019,480
Return on total capital 14.21% 20.96% 18.86% 29.29% 23.03%

November 30, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $554,189K ÷ ($—K + $3,900,860K)
= 14.21%