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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 300
Company Information
Name: KB Home
Industry: Construction Services
Description: KB Home is one of America's largest homebuilders, with domestic operating divisions in some of the fastest-growing areas of the country including: West Coast -- California; Southwest -- Arizona, Nevada and New Mexico; and Central -- Colorado, Florida and Texas. Kaufman & Broad S.A., the Company's majority-owned subsidiary, is one of the largest homebuilders in France. In fiscal 2001, the Company delivered homes to 24,868 families in the United States and France. It also operates KB Home Mortgage Company, a full-service mortgage company for the convenience of its buyers. Founded in 1957, KB Home is a Fortune 500 company listed on the New York Stock Exchange under the ticker symbol "KBH."
Financial Summary: For the nine months ended 31 August 2005, KB Home's total revenues increased 35% to $6.29B. Net income for the period increased 81% to $531.8M. Revenues reflect an increase in unit delivery volume and higher average selling price. Higher income for the period also reflects an improved housing operating margin, a decrease in interest expenses and higher equity in income of joint ventures.
Business Summary: KB Home is a homebuilder based in the United States with operations in Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Nevada, New Mexico, North Carolina, South Carolina and Texas. Kaufman & Broad S.A. (KBSA), the Company's subsidiary, is a homebuilder with operations primarily in France. For the fiscal year ended November 30, 2004 (fiscal 2004), KB Home delivered 31,646 homes in the United States and France. It also provides mortgage banking services to the majority of its domestic homebuyers through its wholly owned subsidiary, KB Home Mortgage Company (KBHMC). During fiscal 2004, the Company acquired Palmetto Traditional Homes, Dura Builders Inc., Groupe Avantis and Foncier Investissement.
Misc Details
Symbol: KPH
City: Los Angeles
State: CA
ZIP Code: 90024
Address: 10990 Wilshire Boulevard
7th Floor
Phone: 310-231-4000
Fax: 310-231-4222
Website: http://www.kbhome.com
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