Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

KB Home KBH EBIT

EBIT at other companies

Meritage HomesMTH

$73.11M-54.4%

D.R. HortonDHI

$867.4M-18.7%

Skyline ChampionSKY

$35.96M-14.7%

Cavco IndustriesCVCO

$51.47M+33.2%

Toll BrothersTOL

——

Equity Lifestyle PropertiesELS

——

Other financials

Income statement

See full

Revenue$1.1B-22.6%

Net income$33.4M-69.5%

EPS (diluted)$0.52-65.1%

Balance sheet

See full

Cash & equivalents$330.2M+13.0%

Total debt$28.5M+27.1%

Total equity$3.9B-5.8%

Total assets$6.7B-4.0%

Cash flow

See full

Operating cash flow-$125.4M+62.5%

CapEx$13.2M+17.9%

Free cash flow-$138.6M+59.9%

Valuation

See full

Market cap$3.3B-8.7%

Profitability

See full

Operating margin7.6%—

Net margin6%-3.2pp

FCF margin-0.6%-15.7pp

Returns & leverage

See full

Return on equity8.9%-6.8pp

Debt / equity0×0.0×

Where this comes from

Calculated from KB Home’s reported figures.

$121.9Moperating income+-interest expense=$121.91M

The official record: KB Home’s 10-K, filed January 24, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does EBIT mean?: Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.