← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
KB Home
-5.09%
Construction / Homebuilding and Real Estate Development
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
KB Home is a home building company that has been in operation for over 60 years. It was founded in 1957 by Eli Broad and Donald Kaufman in Detroit, Michigan. The company’s name stands for Kaufman & Broad Home Corporation, as it was originally a partnership between the two founders.
The company specializes in building single-family homes, townhomes, and condominiums across the United States. It has built over 650,000 homes since its inception and has operations in 42 markets in 8 states.
In addition to building homes, KB Home also provides financial services, such as mortgages and insurance, to its customers. The company prides itself on offering customizable homes that meet the needs and preferences of its customers.
KB Home is known for its commitment to sustainability and has received numerous awards for its eco-friendly building practices. It is also dedicated to giving back to the community and partners with organizations such as Habitat for Humanity to provide affordable housing to those in need.
The company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol KBH and is headquartered in Los Angeles, California. It is ranked as one of the largest home building companies in the United States and continues to be a leader in the industry.
The company specializes in building single-family homes, townhomes, and condominiums across the United States. It has built over 650,000 homes since its inception and has operations in 42 markets in 8 states.
In addition to building homes, KB Home also provides financial services, such as mortgages and insurance, to its customers. The company prides itself on offering customizable homes that meet the needs and preferences of its customers.
KB Home is known for its commitment to sustainability and has received numerous awards for its eco-friendly building practices. It is also dedicated to giving back to the community and partners with organizations such as Habitat for Humanity to provide affordable housing to those in need.
The company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol KBH and is headquartered in Los Angeles, California. It is ranked as one of the largest home building companies in the United States and continues to be a leader in the industry.
What is special about the company?
1. Personalized home building experience: KB Home offers a personalized home building experience, where customers can choose their floor plans, finishes, and upgrades to create a home that fits their lifestyle and preferences.
2. Energy-efficient homes: KB Home is committed to building energy-efficient homes that help customers save money on their utility bills and minimize their environmental impact.
3. Choice of locations: KB Home builds homes in established communities as well as in newly developed areas, giving customers a wide range of choices for their home location.
4. Focus on affordability: KB Home offers a range of home designs and floor plans at different price points, making home ownership more accessible and affordable for a wide range of customers.
5. Customer service: The company has a strong focus on customer service and satisfaction, with a dedicated team to assist customers throughout the home buying and building process.
6. Innovative design features: KB Home incorporates innovative design features, such as open floor plans, high ceilings, and natural lighting, to create modern and functional living spaces.
7. Sustainable building practices: KB Home is committed to using sustainable building practices, including the use of eco-friendly materials and construction methods, to reduce the impact on the environment.
8. Award-winning company: KB Home has received numerous awards and recognition for its quality homes, customer service, and commitment to sustainability.
9. Financial stability: With over 60 years of experience in the industry, KB Home has established a strong financial foundation, ensuring the stability and longevity of the company.
10. Community involvement: KB Home is actively involved in the communities where it builds, supporting various charitable organizations and initiatives to improve the quality of life for local residents.
2. Energy-efficient homes: KB Home is committed to building energy-efficient homes that help customers save money on their utility bills and minimize their environmental impact.
3. Choice of locations: KB Home builds homes in established communities as well as in newly developed areas, giving customers a wide range of choices for their home location.
4. Focus on affordability: KB Home offers a range of home designs and floor plans at different price points, making home ownership more accessible and affordable for a wide range of customers.
5. Customer service: The company has a strong focus on customer service and satisfaction, with a dedicated team to assist customers throughout the home buying and building process.
6. Innovative design features: KB Home incorporates innovative design features, such as open floor plans, high ceilings, and natural lighting, to create modern and functional living spaces.
7. Sustainable building practices: KB Home is committed to using sustainable building practices, including the use of eco-friendly materials and construction methods, to reduce the impact on the environment.
8. Award-winning company: KB Home has received numerous awards and recognition for its quality homes, customer service, and commitment to sustainability.
9. Financial stability: With over 60 years of experience in the industry, KB Home has established a strong financial foundation, ensuring the stability and longevity of the company.
10. Community involvement: KB Home is actively involved in the communities where it builds, supporting various charitable organizations and initiatives to improve the quality of life for local residents.
What the company's business model?
KB Home’s business model is focused on the construction, sale, and financing of single-family homes. They design and build homes for a variety of customers ranging from first-time homebuyers to luxury homebuyers. They offer a wide range of home designs and customization options to meet the needs and preferences of different customers. KB Home also offers financing services to assist customers with purchasing their homes. They operate in multiple markets across the United States, working with local contractors and suppliers to build homes that are tailored to the specific needs and preferences of each community. Additionally, KB Home has a commitment to sustainability, incorporating energy-efficient features into their homes and using environmentally-friendly building practices.
Interesting facts about the company
1. KB Home was founded in 1957 by Donald Bruce Kaufman and Eli Broad, who combined the first letters of their last names to create the company name.
2. The company’s first project was a 60-unit apartment complex in Los Angeles, California.
3. KB Home has built over 600,000 homes in the United States since its founding.
4. The company was known as Kaufman and Broad until 1999 when it changed its name to KB Home.
5. KB Home is one of the largest homebuilding companies in the United States, with operations in 38 markets across 8 states.
6. The company has won numerous awards for its sustainable building practices, including being ranked as the #1 homebuilder on the Dow Jones Sustainability World Index.
7. In 2003, KB Home became the first homebuilder to offer an energy-efficient package as a standard feature in all its new homes.
8. In 2009, KB Home introduced its “build-to-order” approach, allowing buyers to customize and personalize their homes to their preferences.
9. In 2016, the company launched its “KB Home ProjeKt”, a prototype of a net-zero energy home that produces as much energy as it consumes.
10. KB Home has been featured prominently in popular culture, including being the setting for the 1986 film “Ferris Bueller’s Day Off” and being mentioned in a song by rapper Jay-Z.
See Company Due Diligence:
2. The company’s first project was a 60-unit apartment complex in Los Angeles, California.
3. KB Home has built over 600,000 homes in the United States since its founding.
4. The company was known as Kaufman and Broad until 1999 when it changed its name to KB Home.
5. KB Home is one of the largest homebuilding companies in the United States, with operations in 38 markets across 8 states.
6. The company has won numerous awards for its sustainable building practices, including being ranked as the #1 homebuilder on the Dow Jones Sustainability World Index.
7. In 2003, KB Home became the first homebuilder to offer an energy-efficient package as a standard feature in all its new homes.
8. In 2009, KB Home introduced its “build-to-order” approach, allowing buyers to customize and personalize their homes to their preferences.
9. In 2016, the company launched its “KB Home ProjeKt”, a prototype of a net-zero energy home that produces as much energy as it consumes.
10. KB Home has been featured prominently in popular culture, including being the setting for the 1986 film “Ferris Bueller’s Day Off” and being mentioned in a song by rapper Jay-Z.
See Company Due Diligence:
Wait! There's more — sign up for free or log in