KB Home (KBH)

Return on total capital

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
Earnings before interest and tax (EBIT) (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
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 4,060,620 3,987,090 3,991,700 3,882,670 3,810,140 3,830,130 3,766,480 3,695,460 3,660,800 3,490,610 3,291,000 3,134,320 3,019,480 2,841,730 2,886,860 2,748,180 2,665,770 2,565,310 2,490,350 2,443,100
Return on total capital 165.67% 160.72% 156.39% 162.21% 163.14% 168.27% 177.82% 180.02% 182.18% 185.27% 184.80% 185.13% 183.46% 149.82% 131.25% 118.21% 119.26% 126.48% 136.92% 144.25%

November 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $6,727,250K ÷ ($—K + $4,060,620K)
= 165.67%

The return on total capital for KB Home has demonstrated a fluctuating trend over the periods provided. Starting at 144.25% on February 29, 2020, the return initially remained relatively high, staying above 100% until August 31, 2021, with a peak of 183.46% on November 30, 2021. Subsequently, the return exhibited a slight decrease, stabilizing around the range of 160-180% from February 28, 2022, to November 30, 2024, with values ranging from 156.39% to 185.27%. Overall, the return on total capital indicates that KB Home has been generating significant returns relative to its total capital employed, showcasing periods of high profitability throughout the analyzed time frame.