KB Home is one of the largest residential construction companies in the United States, specializing in building attached and detached single-family homes, townhomes, and condominiums. The company's business model is centered around a built-to-order approach, which allows buyers to select their lot, floor plan, exterior elevation, and interior finishes while the company maintains the cost efficiencies of production homebuilding. KB Home primarily targets first-time and first move-up homebuyers, who historically account for over 75% of its annual deliveries.
The company operates through four geographic segments: West Coast, Southwest, Central, and Southeast, covering 49 major markets across nine states including California, Texas, Florida, and Arizona. In its fiscal year 2025, KB Home generated over $6.2 billion in total revenues. The vast majority of its income is derived directly from its core homebuilding operations, which account for 99.6% of total revenues. The remaining 0.4% is generated by its financial services segment, which provides title, property and casualty insurance, and mortgage banking services to its homebuyers. By streamlining the construction process and focusing on affordable price points, KB Home maintains a strong competitive position in the entry-level housing market.
