KB Home Cash Flow Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	428.79	655.02	590.18	816.67	564.75
Depreciation & Amortization	37.3	37.27	36.41	32.32	28.64
Other Amortization	3.64	3.48	3.38	2.32	2.85
Asset Writedown & Restructuring Costs	15.53	-	-	24.08	9.9
Loss (Gain) From Sale of Investments	-	-12.52	-	-	-
Loss (Gain) on Equity Investments	10.74	-6.42	8.19	-8.9	-4.67
Stock-Based Compensation	46.24	34.47	34.61	29.46	28.9
Other Operating Activities	31.23	21.65	52.82	33.33	60.89
Change in Accounts Receivable	5	16.59	-12.92	-19.89	-32.01
Change in Inventory	-179.46	-385.8	426.81	-785.56	-897.75
Change in Accounts Payable	-75.17	-7.24	-62.2	53.1	181.63
Change in Other Net Operating Assets	11.85	6.21	5.42	6.48	19.58
Operating Cash Flow	335.68	362.72	1,083	183.42	-37.3
Operating Cash Flow Growth	-7.46%	-66.50%	490.29%	-	-
Capital Expenditures	-48.4	-39.31	-35.47	-45.23	-39.4
Investment in Securities	-13.4	-10.81	-22.59	-26.54	1.32
Investing Cash Flow	-61.8	-50.12	-58.06	-71.77	-38.08
Long-Term Debt Issued	740	-	170	2,395	730
Total Debt Issued	740	-	170	2,395	730
Long-Term Debt Repaid	-740.07	-0.92	-323.84	-2,239	-797.33
Total Debt Repaid	-740.07	-0.92	-323.84	-2,239	-797.33
Net Debt Issued (Repaid)	-0.07	-0.92	-153.84	155.84	-67.33
Issuance of Common Stock	1.07	10.43	8.86	-	11.69
Repurchase of Common Stock	-565.17	-378.71	-425.68	-165.9	-200.51
Common Dividends Paid	-68.57	-71.55	-56.83	-52.45	-54.05
Other Financing Activities	-9.89	-	-	-11.06	-4.81
Financing Cash Flow	-642.64	-440.75	-627.49	-73.58	-315.01
Net Cash Flow	-368.75	-128.15	397.14	38.06	-390.39
Free Cash Flow	287.28	323.41	1,047	138.18	-76.7
Free Cash Flow Growth	-11.17%	-69.12%	657.85%	-	-
Free Cash Flow Margin	4.61%	4.67%	16.34%	2.00%	-1.34%
Free Cash Flow Per Share	4.15	4.20	12.56	1.55	-0.82
Cash Interest Paid	-	-	-	-	7.09
Cash Income Tax Paid	113.27	191.23	142.23	248.52	28.82
Levered Free Cash Flow	200.86	184.63	870.84	-27.66	-324.87
Unlevered Free Cash Flow	197.22	181.14	867.46	-29.98	-327.73
Change in Working Capital	-237.78	-370.24	357.11	-745.87	-728.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.