Similar companies
| Company | Revenue | |
|---|---|---|
 |
LennarLEN |
9.42B 7.4% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.75B | 2.5% |
| Gross Profit | 1.75B | 2.5% |
| Cost of Revenue | 9.4M | 1% |
| Operating expense | 9.4M | 1% |
| Net Income | 157M | 6.6% |
| EBITDA | 1.76B | 2.5% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 6.84B | 0.5% |
| Total Liabilities | 2.85B | 1.4% |
| Total Equity | 3.99B | 0.1% |
| Shares Outstanding | 74M | 1.6% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -90M | 246.3% |
| Cash from investing | -9.2M | 44.1% |
| Cash from financing | -169M | 145.2% |
EPS
Financial Highlights for KB Home in Q3 '24
KB Home reported a revenue of 1.75B, which is a 2.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.75B, marking a 2.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 9.4M, a -1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 9.4M, showing a -1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 157M, showing a -6.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.76B, showing a 2.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
KB Home faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
