KB Home vs Toll Brothers
Toll Brothers is the larger business, with $10.97bn of revenue in fiscal 2025 against $6.24bn for KB Home (1.8 times as much). Toll Brothers grew faster (1.1% against -10.0%). Toll Brothers kept more of each dollar of sales as profit: a net margin of 12.3% against 6.9%. KB Home carries less debt relative to equity (0.0% against 3.0%).
| Latest fiscal year | KB HomeKBH, 2025 | Toll BrothersTOL, 2025 |
|---|---|---|
| Revenue | $6.24bn | $10.97bn |
| Revenue growth | -10.0% | 1.1% |
| Net income | $429m | $1.35bn |
| Operating margin | — | 15.7% |
| Net margin | 6.9% | 12.3% |
| Return on equity | 10.8% | 16.9% |
| Free cash flow | $287m | $1.03bn |
| Cash | $230m | $1.26bn |
| Total debt | $0 | $249m |
| Debt to equity | 0.0% | 3.0% |
| Dividend per share | $1.00 | $0.98 |
| Dividend yield | 2.0% | 0.7% |
| Share buybacks | $541m | $651m |
| Employees | 2,384 | — |
| Market value | $3.02bn | $14.13bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 47 (Moderate) | 65 (Moderate) |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 9 sales |