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Side-by-side financial comparison of KB HOME (KBH) and NEWMARK GROUP, INC. (NMRK). Click either name above to swap in a different company.

KB HOME is the larger business by last-quarter revenue ($1.7B vs $859.5M, roughly 2.0× NEWMARK GROUP, INC.). NEWMARK GROUP, INC. runs the higher net margin — 7.9% vs 6.0%, a 1.9% gap on every dollar of revenue. On growth, NEWMARK GROUP, INC. posted the faster year-over-year revenue change (18.1% vs -15.3%). NEWMARK GROUP, INC. produced more free cash flow last quarter ($608.8M vs $290.1M). Over the past eight quarters, NEWMARK GROUP, INC.'s revenue compounded faster (38.2% 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.

Newmark Group Inc. is a global commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark, and is listed on the NASDAQ Global Select Market under the symbol "NMRK".

KBH vs NMRK — Head-to-Head

Bigger by revenue
KBH
KBH
2.0× larger
KBH
$1.7B
$859.5M
NMRK
Growing faster (revenue YoY)
NMRK
NMRK
+33.4% gap
NMRK
18.1%
-15.3%
KBH
Higher net margin
NMRK
NMRK
1.9% more per $
NMRK
7.9%
6.0%
KBH
More free cash flow
NMRK
NMRK
$318.8M more FCF
NMRK
$608.8M
$290.1M
KBH
Faster 2-yr revenue CAGR
NMRK
NMRK
Annualised
NMRK
38.2%
7.4%
KBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KBH
KBH
NMRK
NMRK
Revenue
$1.7B
$859.5M
Net Profit
$101.5M
$68.0M
Gross Margin
Operating Margin
14.4%
Net Margin
6.0%
7.9%
Revenue YoY
-15.3%
18.1%
Net Profit YoY
-46.7%
49.7%
EPS (diluted)
$1.55
$0.37

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.

Revenue
KBH
KBH
NMRK
NMRK
Q4 25
$1.7B
$859.5M
Q3 25
$1.6B
$715.0M
Q2 25
$1.5B
$639.6M
Q1 25
$1.4B
$556.2M
Q4 24
$2.0B
$727.5M
Q3 24
$1.8B
$568.0M
Q2 24
$1.7B
$527.3M
Q1 24
$1.5B
$450.2M
Net Profit
KBH
KBH
NMRK
NMRK
Q4 25
$101.5M
$68.0M
Q3 25
$109.8M
$46.2M
Q2 25
$107.9M
$20.8M
Q1 25
$109.6M
$-8.8M
Q4 24
$190.6M
$45.4M
Q3 24
$157.3M
$17.8M
Q2 24
$168.4M
$14.3M
Q1 24
$138.7M
$-16.3M
Operating Margin
KBH
KBH
NMRK
NMRK
Q4 25
14.4%
Q3 25
11.9%
Q2 25
6.7%
Q1 25
-3.1%
Q4 24
14.3%
Q3 24
7.2%
Q2 24
7.7%
Q1 24
-5.0%
Net Margin
KBH
KBH
NMRK
NMRK
Q4 25
6.0%
7.9%
Q3 25
6.8%
6.5%
Q2 25
7.1%
3.3%
Q1 25
7.9%
-1.6%
Q4 24
9.5%
6.2%
Q3 24
9.0%
3.1%
Q2 24
9.9%
2.7%
Q1 24
9.4%
-3.6%
EPS (diluted)
KBH
KBH
NMRK
NMRK
Q4 25
$1.55
$0.37
Q3 25
$1.61
$0.25
Q2 25
$1.50
$0.11
Q1 25
$1.49
$-0.05
Q4 24
$2.50
$0.25
Q3 24
$2.04
$0.10
Q2 24
$2.15
$0.08
Q1 24
$1.76
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KBH
KBH
NMRK
NMRK
Cash + ST InvestmentsLiquidity on hand
$229.1M
Total DebtLower is stronger
$671.7M
Stockholders' EquityBook value
$3.9B
$1.5B
Total Assets
$6.7B
$5.0B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KBH
KBH
NMRK
NMRK
Q4 25
$229.1M
Q3 25
$224.1M
Q2 25
$195.8M
Q1 25
$157.1M
Q4 24
$197.7M
Q3 24
$178.6M
Q2 24
$176.4M
Q1 24
$140.9M
Total Debt
KBH
KBH
NMRK
NMRK
Q4 25
$671.7M
Q3 25
$746.5M
Q2 25
$871.2M
Q1 25
$770.9M
Q4 24
$670.7M
Q3 24
$770.4M
Q2 24
$745.2M
Q1 24
$670.2M
Stockholders' Equity
KBH
KBH
NMRK
NMRK
Q4 25
$3.9B
$1.5B
Q3 25
$3.9B
$1.4B
Q2 25
$4.0B
$1.3B
Q1 25
$4.1B
$1.3B
Q4 24
$4.1B
$1.2B
Q3 24
$4.0B
$1.2B
Q2 24
$4.0B
$1.2B
Q1 24
$3.9B
$1.2B
Total Assets
KBH
KBH
NMRK
NMRK
Q4 25
$6.7B
$5.0B
Q3 25
$7.0B
$5.5B
Q2 25
$7.0B
$5.4B
Q1 25
$7.0B
$4.8B
Q4 24
$6.9B
$4.7B
Q3 24
$6.8B
$5.0B
Q2 24
$6.8B
$4.8B
Q1 24
$6.7B
$4.4B
Debt / Equity
KBH
KBH
NMRK
NMRK
Q4 25
0.46×
Q3 25
0.55×
Q2 25
0.68×
Q1 25
0.58×
Q4 24
0.56×
Q3 24
0.66×
Q2 24
0.62×
Q1 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KBH
KBH
NMRK
NMRK
Operating Cash FlowLast quarter
$303.8M
$618.5M
Free Cash FlowOCF − Capex
$290.1M
$608.8M
FCF MarginFCF / Revenue
17.1%
70.8%
Capex IntensityCapex / Revenue
0.8%
1.1%
Cash ConversionOCF / Net Profit
2.99×
9.10×
TTM Free Cash FlowTrailing 4 quarters
$287.3M
$142.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KBH
KBH
NMRK
NMRK
Q4 25
$303.8M
$618.5M
Q3 25
$197.7M
$112.6M
Q2 25
$168.4M
$-379.7M
Q1 25
$-334.3M
$-179.4M
Q4 24
$362.6M
$402.6M
Q3 24
$-89.9M
$-85.2M
Q2 24
$61.5M
$-258.5M
Q1 24
$28.5M
$-68.8M
Free Cash Flow
KBH
KBH
NMRK
NMRK
Q4 25
$290.1M
$608.8M
Q3 25
$185.8M
$104.9M
Q2 25
$156.9M
$-386.2M
Q1 25
$-345.5M
$-184.8M
Q4 24
$352.6M
$396.6M
Q3 24
$-99.4M
$-94.4M
Q2 24
$51.2M
$-267.8M
Q1 24
$19.1M
$-75.8M
FCF Margin
KBH
KBH
NMRK
NMRK
Q4 25
17.1%
70.8%
Q3 25
11.5%
14.7%
Q2 25
10.3%
-60.4%
Q1 25
-24.8%
-33.2%
Q4 24
17.6%
54.5%
Q3 24
-5.7%
-16.6%
Q2 24
3.0%
-50.8%
Q1 24
1.3%
-16.8%
Capex Intensity
KBH
KBH
NMRK
NMRK
Q4 25
0.8%
1.1%
Q3 25
0.7%
1.1%
Q2 25
0.8%
1.0%
Q1 25
0.8%
1.0%
Q4 24
0.5%
0.8%
Q3 24
0.5%
1.6%
Q2 24
0.6%
1.8%
Q1 24
0.6%
1.6%
Cash Conversion
KBH
KBH
NMRK
NMRK
Q4 25
2.99×
9.10×
Q3 25
1.80×
2.44×
Q2 25
1.56×
-18.24×
Q1 25
-3.05×
Q4 24
1.90×
8.86×
Q3 24
-0.57×
-4.79×
Q2 24
0.37×
-18.10×
Q1 24
0.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KBH
KBH

Home Building$1.7B99%
Financial Service$8.7M1%

NMRK
NMRK

Management Services$263.1M31%
Investment Advice$200.1M23%
Mortgage Brokerage And Debt Placement$83.1M10%
Servicing Fees And Other$80.7M9%
GB$69.0M8%
Other Geographical Areas$63.6M7%
Servicing$36.2M4%
Other$34.2M4%
Loan Originations Related Fees And Sales Premiums Net$29.6M3%

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