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Side-by-side financial comparison of KB HOME (KBH) and Sally Beauty Holdings, Inc. (SBH). Click either name above to swap in a different company.
KB HOME is the larger business by last-quarter revenue ($1.7B vs $943.2M, roughly 1.8× Sally Beauty Holdings, Inc.). KB HOME runs the higher net margin — 6.0% vs 4.8%, a 1.2% gap on every dollar of revenue. On growth, Sally Beauty Holdings, Inc. posted the faster year-over-year revenue change (0.6% vs -15.3%). KB HOME produced more free cash flow last quarter ($290.1M vs $57.5M). Over the past eight quarters, KB HOME's revenue compounded faster (7.4% CAGR vs 1.9%).
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.
Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.
KBH vs SBH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $943.2M |
| Net Profit | $101.5M | $45.6M |
| Gross Margin | — | 51.2% |
| Operating Margin | — | 8.1% |
| Net Margin | 6.0% | 4.8% |
| Revenue YoY | -15.3% | 0.6% |
| Net Profit YoY | -46.7% | -25.3% |
| EPS (diluted) | $1.55 | $0.45 |
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 | $943.2M | ||
| Q3 25 | $1.6B | $947.1M | ||
| Q2 25 | $1.5B | $933.3M | ||
| Q1 25 | $1.4B | $883.1M | ||
| Q4 24 | $2.0B | $937.9M | ||
| Q3 24 | $1.8B | $935.0M | ||
| Q2 24 | $1.7B | $942.3M | ||
| Q1 24 | $1.5B | $908.4M |
| Q4 25 | $101.5M | $45.6M | ||
| Q3 25 | $109.8M | $49.9M | ||
| Q2 25 | $107.9M | $45.7M | ||
| Q1 25 | $109.6M | $39.2M | ||
| Q4 24 | $190.6M | $61.0M | ||
| Q3 24 | $157.3M | $48.1M | ||
| Q2 24 | $168.4M | $37.7M | ||
| Q1 24 | $138.7M | $29.2M |
| Q4 25 | — | 51.2% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 51.5% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 50.8% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 51.0% | ||
| Q1 24 | — | 51.0% |
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 8.4% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | — | 7.6% | ||
| Q1 24 | — | 6.6% |
| Q4 25 | 6.0% | 4.8% | ||
| Q3 25 | 6.8% | 5.3% | ||
| Q2 25 | 7.1% | 4.9% | ||
| Q1 25 | 7.9% | 4.4% | ||
| Q4 24 | 9.5% | 6.5% | ||
| Q3 24 | 9.0% | 5.1% | ||
| Q2 24 | 9.9% | 4.0% | ||
| Q1 24 | 9.4% | 3.2% |
| Q4 25 | $1.55 | $0.45 | ||
| Q3 25 | $1.61 | $0.49 | ||
| Q2 25 | $1.50 | $0.44 | ||
| Q1 25 | $1.49 | $0.38 | ||
| Q4 24 | $2.50 | $0.58 | ||
| Q3 24 | $2.04 | $0.45 | ||
| Q2 24 | $2.15 | $0.36 | ||
| Q1 24 | $1.76 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $157.2M |
| Total DebtLower is stronger | — | $842.5M |
| Stockholders' EquityBook value | $3.9B | $823.6M |
| Total Assets | $6.7B | $2.9B |
| Debt / EquityLower = less leverage | — | 1.02× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $157.2M | ||
| Q3 25 | — | $149.2M | ||
| Q2 25 | — | $112.8M | ||
| Q1 25 | — | $92.2M | ||
| Q4 24 | — | $105.5M | ||
| Q3 24 | — | $108.0M | ||
| Q2 24 | — | $97.4M | ||
| Q1 24 | — | $97.2M |
| Q4 25 | — | $842.5M | ||
| Q3 25 | — | $862.0M | ||
| Q2 25 | — | $882.4M | ||
| Q1 25 | — | $902.8M | ||
| Q4 24 | — | $938.1M | ||
| Q3 24 | — | $978.3M | ||
| Q2 24 | — | $978.9M | ||
| Q1 24 | — | $978.4M |
| Q4 25 | $3.9B | $823.6M | ||
| Q3 25 | $3.9B | $794.2M | ||
| Q2 25 | $4.0B | $762.9M | ||
| Q1 25 | $4.1B | $699.8M | ||
| Q4 24 | $4.1B | $656.5M | ||
| Q3 24 | $4.0B | $628.5M | ||
| Q2 24 | $4.0B | $577.7M | ||
| Q1 24 | $3.9B | $550.9M |
| Q4 25 | $6.7B | $2.9B | ||
| Q3 25 | $7.0B | $2.9B | ||
| Q2 25 | $7.0B | $2.7B | ||
| Q1 25 | $7.0B | $2.7B | ||
| Q4 24 | $6.9B | $2.7B | ||
| Q3 24 | $6.8B | $2.8B | ||
| Q2 24 | $6.8B | $2.7B | ||
| Q1 24 | $6.7B | $2.7B |
| Q4 25 | — | 1.02× | ||
| Q3 25 | — | 1.09× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.56× | ||
| Q2 24 | — | 1.69× | ||
| Q1 24 | — | 1.78× |
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 | $93.2M |
| Free Cash FlowOCF − Capex | $290.1M | $57.5M |
| FCF MarginFCF / Revenue | 17.1% | 6.1% |
| Capex IntensityCapex / Revenue | 0.8% | 3.8% |
| Cash ConversionOCF / Net Profit | 2.99× | 2.05× |
| TTM Free Cash FlowTrailing 4 quarters | $287.3M | $216.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $303.8M | $93.2M | ||
| Q3 25 | $197.7M | $120.9M | ||
| Q2 25 | $168.4M | $69.4M | ||
| Q1 25 | $-334.3M | $51.1M | ||
| Q4 24 | $362.6M | $33.5M | ||
| Q3 24 | $-89.9M | $110.7M | ||
| Q2 24 | $61.5M | $47.9M | ||
| Q1 24 | $28.5M | $36.9M |
| Q4 25 | $290.1M | $57.5M | ||
| Q3 25 | $185.8M | $78.0M | ||
| Q2 25 | $156.9M | $49.1M | ||
| Q1 25 | $-345.5M | $32.2M | ||
| Q4 24 | $352.6M | $13.4M | ||
| Q3 24 | $-99.4M | $73.3M | ||
| Q2 24 | $51.2M | $28.7M | ||
| Q1 24 | $19.1M | $22.8M |
| Q4 25 | 17.1% | 6.1% | ||
| Q3 25 | 11.5% | 8.2% | ||
| Q2 25 | 10.3% | 5.3% | ||
| Q1 25 | -24.8% | 3.6% | ||
| Q4 24 | 17.6% | 1.4% | ||
| Q3 24 | -5.7% | 7.8% | ||
| Q2 24 | 3.0% | 3.1% | ||
| Q1 24 | 1.3% | 2.5% |
| Q4 25 | 0.8% | 3.8% | ||
| Q3 25 | 0.7% | 4.5% | ||
| Q2 25 | 0.8% | 2.2% | ||
| Q1 25 | 0.8% | 2.1% | ||
| Q4 24 | 0.5% | 2.1% | ||
| Q3 24 | 0.5% | 4.0% | ||
| Q2 24 | 0.6% | 2.0% | ||
| Q1 24 | 0.6% | 1.6% |
| Q4 25 | 2.99× | 2.05× | ||
| Q3 25 | 1.80× | 2.42× | ||
| Q2 25 | 1.56× | 1.52× | ||
| Q1 25 | -3.05× | 1.30× | ||
| Q4 24 | 1.90× | 0.55× | ||
| Q3 24 | -0.57× | 2.30× | ||
| Q2 24 | 0.37× | 1.27× | ||
| Q1 24 | 0.21× | 1.26× |
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% |
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
