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Side-by-side financial comparison of KB HOME (KBH) and MERCURY GENERAL CORP (MCY). Click either name above to swap in a different company.
KB HOME is the larger business by last-quarter revenue ($1.7B vs $1.5B, roughly 1.1× MERCURY GENERAL CORP). MERCURY GENERAL CORP runs the higher net margin — 13.2% vs 6.0%, a 7.2% gap on every dollar of revenue. On growth, MERCURY GENERAL CORP posted the faster year-over-year revenue change (12.4% vs -15.3%). KB HOME produced more free cash flow last quarter ($290.1M vs $273.9M). Over the past eight quarters, MERCURY GENERAL CORP's revenue compounded faster (9.8% CAGR vs 7.4%).
KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.
Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and homeowners' insurance.
KBH vs MCY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.5B |
| Net Profit | $101.5M | $202.5M |
| Gross Margin | — | 99.7% |
| Operating Margin | — | 16.2% |
| Net Margin | 6.0% | 13.2% |
| Revenue YoY | -15.3% | 12.4% |
| Net Profit YoY | -46.7% | 100.4% |
| EPS (diluted) | $1.55 | $3.66 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $1.8B | $1.5B | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.5B | $1.3B |
| Q4 25 | $101.5M | $202.5M | ||
| Q3 25 | $109.8M | $280.4M | ||
| Q2 25 | $107.9M | $166.5M | ||
| Q1 25 | $109.6M | $-108.3M | ||
| Q4 24 | $190.6M | $101.1M | ||
| Q3 24 | $157.3M | $230.9M | ||
| Q2 24 | $168.4M | $62.6M | ||
| Q1 24 | $138.7M | $73.5M |
| Q4 25 | — | 99.7% | ||
| Q3 25 | — | 99.8% | ||
| Q2 25 | — | 99.8% | ||
| Q1 25 | — | 99.7% | ||
| Q4 24 | — | 99.7% | ||
| Q3 24 | — | 99.8% | ||
| Q2 24 | — | 99.8% | ||
| Q1 24 | — | 99.7% |
| Q4 25 | — | 16.2% | ||
| Q3 25 | — | 22.1% | ||
| Q2 25 | — | 14.0% | ||
| Q1 25 | — | -10.2% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 18.8% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 7.0% |
| Q4 25 | 6.0% | 13.2% | ||
| Q3 25 | 6.8% | 17.7% | ||
| Q2 25 | 7.1% | 11.3% | ||
| Q1 25 | 7.9% | -7.8% | ||
| Q4 24 | 9.5% | 7.4% | ||
| Q3 24 | 9.0% | 15.1% | ||
| Q2 24 | 9.9% | 4.8% | ||
| Q1 24 | 9.4% | 5.8% |
| Q4 25 | $1.55 | $3.66 | ||
| Q3 25 | $1.61 | $5.06 | ||
| Q2 25 | $1.50 | $3.01 | ||
| Q1 25 | $1.49 | $-1.96 | ||
| Q4 24 | $2.50 | $1.82 | ||
| Q3 24 | $2.04 | $4.17 | ||
| Q2 24 | $2.15 | $1.13 | ||
| Q1 24 | $1.76 | $1.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $575.0M |
| Stockholders' EquityBook value | $3.9B | $2.4B |
| Total Assets | $6.7B | $9.6B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $575.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $575.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.9B | $2.4B | ||
| Q3 25 | $3.9B | $2.2B | ||
| Q2 25 | $4.0B | $2.0B | ||
| Q1 25 | $4.1B | $1.8B | ||
| Q4 24 | $4.1B | $1.9B | ||
| Q3 24 | $4.0B | $1.9B | ||
| Q2 24 | $4.0B | $1.6B | ||
| Q1 24 | $3.9B | $1.6B |
| Q4 25 | $6.7B | $9.6B | ||
| Q3 25 | $7.0B | $9.4B | ||
| Q2 25 | $7.0B | $9.1B | ||
| Q1 25 | $7.0B | $9.0B | ||
| Q4 24 | $6.9B | $8.3B | ||
| Q3 24 | $6.8B | $8.2B | ||
| Q2 24 | $6.8B | $7.7B | ||
| Q1 24 | $6.7B | $7.4B |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.30× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $303.8M | $287.9M |
| Free Cash FlowOCF − Capex | $290.1M | $273.9M |
| FCF MarginFCF / Revenue | 17.1% | 17.8% |
| Capex IntensityCapex / Revenue | 0.8% | 0.9% |
| Cash ConversionOCF / Net Profit | 2.99× | 1.42× |
| TTM Free Cash FlowTrailing 4 quarters | $287.3M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $303.8M | $287.9M | ||
| Q3 25 | $197.7M | $496.4M | ||
| Q2 25 | $168.4M | $371.6M | ||
| Q1 25 | $-334.3M | $-68.7M | ||
| Q4 24 | $362.6M | $248.3M | ||
| Q3 24 | $-89.9M | $318.1M | ||
| Q2 24 | $61.5M | $278.0M | ||
| Q1 24 | $28.5M | $192.6M |
| Q4 25 | $290.1M | $273.9M | ||
| Q3 25 | $185.8M | $479.5M | ||
| Q2 25 | $156.9M | $357.2M | ||
| Q1 25 | $-345.5M | $-81.9M | ||
| Q4 24 | $352.6M | $236.0M | ||
| Q3 24 | $-99.4M | $306.2M | ||
| Q2 24 | $51.2M | $266.5M | ||
| Q1 24 | $19.1M | $182.4M |
| Q4 25 | 17.1% | 17.8% | ||
| Q3 25 | 11.5% | 30.3% | ||
| Q2 25 | 10.3% | 24.2% | ||
| Q1 25 | -24.8% | -5.9% | ||
| Q4 24 | 17.6% | 17.3% | ||
| Q3 24 | -5.7% | 20.0% | ||
| Q2 24 | 3.0% | 20.4% | ||
| Q1 24 | 1.3% | 14.3% |
| Q4 25 | 0.8% | 0.9% | ||
| Q3 25 | 0.7% | 1.1% | ||
| Q2 25 | 0.8% | 1.0% | ||
| Q1 25 | 0.8% | 0.9% | ||
| Q4 24 | 0.5% | 0.9% | ||
| Q3 24 | 0.5% | 0.8% | ||
| Q2 24 | 0.6% | 0.9% | ||
| Q1 24 | 0.6% | 0.8% |
| Q4 25 | 2.99× | 1.42× | ||
| Q3 25 | 1.80× | 1.77× | ||
| Q2 25 | 1.56× | 2.23× | ||
| Q1 25 | -3.05× | — | ||
| Q4 24 | 1.90× | 2.46× | ||
| Q3 24 | -0.57× | 1.38× | ||
| Q2 24 | 0.37× | 4.44× | ||
| Q1 24 | 0.21× | 2.62× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KBH
| Home Building | $1.7B | 99% |
| Financial Service | $8.7M | 1% |
MCY
Segment breakdown not available.
