Financial PerformanceReturns on equity have vastly improved, aided by an uptick in share repurchase activity and structural improvement in margins.
Market ExpansionKBH is seeing strong growth in new markets like Boise and Charlotte, and has nearly gained a top 3 share in Seattle 5 years post-entry.
Revenue OutlookKBH surprised with a $7.5 bn revenue outlook for 2025, which reflects a combination of growing community count, a further reduction in cycle times, the ability to lean into spec production where needed, and a stronger sales pace.