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May 31, 2021
KB Home Q2 2021 Earnings Report
Achieved record-breaking results, driven by strategic asset optimization and strong market demand.
Key Takeaways
KB Home reported a significant increase in revenue and earnings per share for Q2 2021. Revenue increased by 58% to $1.44 billion, and diluted earnings per share grew by 173% to $1.50. The company's gross margin expanded to 21.4%, and the operating income margin improved to 11.3%. The backlog value also increased substantially, rising by 126% to $4.29 billion.
Revenue increased 58% to $1.44 billion.
Diluted earnings per share grew 173% to $1.50.
Gross margin expanded to 21.4%, driving operating margin above 11%.
Backlog value increased 126% to $4.29 billion.
KB Home
KB Home
KB Home Revenue by Geographic Location
Revenue by Geographic Location
West Coast Revenue
CapyFin.comSouthwest Revenue
CapyFin.comCentral Revenue
CapyFin.comSoutheast Revenue
CapyFin.com Forward Guidance
With a backlog value above $4 billion, the company is poised to deliver a substantial increase in revenue this year, at solid margins that it anticipates will contribute to a return on equity of roughly 20%. As we look to 2022, our backlog, together with our expected community count growth, positions our company for another year of healthy expansion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income