KB Home Trying to Get Back to Built-to-Order Roots -- Market Talk

Dow Jones

2025/09/25

1838 ET - KB Home is trying to return to its historical reliance on homes built-to-order rather than built on speculation, the company said in its earnings call. Right now, the company is at about 50% built-to-order, but, as recently as 2022, it was at 70%. Supply-chain shocks increased construction time, making built-to-order homes, which have a margin 250 to 400 basis points better than speculation homes, infeasible for buyers. "It's not going to be an overnight change," said COO Rob McGibney. "As we get into the early part of 2026, we expect to shift back to that 70/30-or-better ratio at higher margins." (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

September 24, 2025 18:38 ET (22:38 GMT)

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Right now, the company is at about 50% built-to-order, but, as recently as 2022, it was at 70%. Supply-chain shocks increased construction time, making built-to-order homes, which have a margin 250 to 400 basis points better than speculation homes, infeasible for buyers. \"It's not going to be an overnight change,\" said COO Rob McGibney. \"As we get into the early part of 2026, we expect to shift back to that 70/30-or-better ratio at higher margins.\" (nicholas.miller@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 18:38 ET (22:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KB Home Trying to Get Back to Built-to-Order Roots -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKB Home Trying to Get Back to Built-to-Order Roots -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-09-25 06:38</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  1838 ET - <a href=\"https://laohu8.com/S/KBH\">KB Home</a> is trying to return to its historical reliance on homes built-to-order rather than built on speculation, the company said in its earnings call. Right now, the company is at about 50% built-to-order, but, as recently as 2022, it was at 70%. Supply-chain shocks increased construction time, making built-to-order homes, which have a margin 250 to 400 basis points better than speculation homes, infeasible for buyers. \"It's not going to be an overnight change,\" said COO Rob McGibney. \"As we get into the early part of 2026, we expect to shift back to that 70/30-or-better ratio at higher margins.\" (nicholas.miller@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 18:38 ET (22:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2570036023","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570036023","pubTimestamp":1758753480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1838 ET - KB Home is trying to return to its historical reliance on homes built-to-order rather than built on speculation, the company said in its earnings call. Right now, the company is at about 50% built-to-order, but, as recently as 2022, it was at 70%. Supply-chain shocks increased construction time, making built-to-order homes, which have a margin 250 to 400 basis points better than speculation homes, infeasible for buyers. \"It's not going to be an overnight change,\" said COO Rob McGibney. \"As we get into the early part of 2026, we expect to shift back to that 70/30-or-better ratio at higher margins.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","KBH":"KB Home","KB":"韩国国民银行","BK4207":"综合性银行","BK4088":"住宅建筑","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"KB Home试图回归按订单制造的根源——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KB":1.5,"CFA.SI":1.5,"KBH":1.5},"content_text":"1838 ET - KB Home is trying to return to its historical reliance on homes built-to-order rather than built on speculation, the company said in its earnings call. Right now, the company is at about 50% built-to-order, but, as recently as 2022, it was at 70%. Supply-chain shocks increased construction time, making built-to-order homes, which have a margin 250 to 400 basis points better than speculation homes, infeasible for buyers. \"It's not going to be an overnight change,\" said COO Rob McGibney. \"As we get into the early part of 2026, we expect to shift back to that 70/30-or-better ratio at higher margins.\" (nicholas.miller@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 24, 2025 18:38 ET (22:38 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}