KBH vs. DHI
KBH (KB Home) and DHI (D.R. Horton, Inc.) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, KBH returned 15.04%/yr vs 17.61%/yr for DHI. Their 0.66 correlation means they have sometimes moved together and sometimes differently.
Performance
KBH vs. DHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KBH achieves a 0.69% return, which is significantly lower than DHI's 2.43% return. Over the past 10 years, KBH has underperformed DHI with an annualized return of 15.04%, while DHI has yielded a comparatively higher 17.61% annualized return.
KBH
- 1D
- 2.38%
- 1M
- -7.98%
- 6M
- -1.33%
- YTD
- 0.69%
- 1Y
- 0.15%
- 3Y*
- 2.67%
- 5Y*
- 7.86%
- 10Y*
- 15.04%
- ALL TIME*
- 7.96%
DHI
- 1D
- 2.52%
- 1M
- -7.51%
- 6M
- -1.50%
- YTD
- 2.43%
- 1Y
- -1.29%
- 3Y*
- 6.27%
- 5Y*
- 10.00%
- 10Y*
- 17.61%
- ALL TIME*
- 14.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $426.91M | $394.45M | $363.97M | |
KBH KB Home | $61.46M | $61.02M | $67.92M |
KBH vs. DHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KBH KB Home | 0.69% | -12.72% | 6.64% | 99.04% | -27.48% | 35.29% | -0.86% | 82.31% | -39.98% | 103.05% |
DHI D.R. Horton, Inc. | 2.43% | 4.24% | -7.24% | 72.07% | -16.83% | 58.73% | 32.23% | 54.29% | -31.26% | 89.06% |
Correlation
The correlation between KBH and DHI is 0.86, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.86 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 1992 | 0.66 |
The correlation between KBH and DHI shifts across timeframes, from 0.66 (all time) to 0.87 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KBH:
$3.45B
DHI:
$41.02B
KBH:
$4.19
DHI:
$10.45
KBH:
13.43
DHI:
14.03
KBH:
2.63
DHI:
4.74
KBH:
0.66
DHI:
1.28
KBH:
0.79
DHI:
1.78
KBH:
$5.50B
DHI:
$33.35B
KBH:
$590.65M
DHI:
$7.54B
KBH:
$335.69M
DHI:
$4.11B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KBH vs. DHI — Risk / Return Rank
KBH
DHI
KBH vs. DHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KB Home (KBH) and D.R. Horton, Inc. (DHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KBH | DHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.02 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | -0.05 | +0.05 |
| Martin ratioReturn relative to average drawdown | 0.01 | -0.08 | +0.09 |
Loading charts...
Drawdowns
KBH vs. DHI - Drawdown Comparison
The maximum KBH drawdown since its inception was -92.78%, roughly equal to the maximum DHI drawdown of -88.84%. Use the drawdown chart below to compare losses from any high point for KBH and DHI.
Loading charts...
Drawdown Indicators
| KBH | DHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.78% | -88.84% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -32.85% | -27.56% | -5.29% |
Max Drawdown (3Y)Largest decline over 3 years | -48.27% | -41.28% | -6.99% |
Max Drawdown (5Y)Largest decline over 5 years | -48.27% | -44.45% | -3.82% |
Max Drawdown (10Y)Largest decline over 10 years | -72.38% | -53.62% | -18.76% |
Current DrawdownCurrent decline from peak | -35.36% | -24.07% | -11.29% |
Average DrawdownAverage peak-to-trough decline | -43.51% | -27.88% | -15.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.32% | 16.81% | -1.49% |
Volatility
KBH vs. DHI - Volatility Comparison
KB Home (KBH) and D.R. Horton, Inc. (DHI) have volatilities of 9.42% and 9.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KBH | DHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.42% | 9.61% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 29.52% | 25.08% | +4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.93% | 35.23% | +3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.86% | 35.61% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.04% | 35.95% | +9.09% |
Dividends
KBH vs. DHI - Dividend Comparison
KBH's dividend yield for the trailing twelve months is around 1.78%, more than DHI's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHI D.R. Horton, Inc. | 1.19% | 1.15% | 0.93% | 0.69% | 1.04% | 0.76% | 1.05% | 1.18% | 1.51% | 0.83% | 1.24% | 0.84% |
KBH KB Home | 1.78% | 1.77% | 1.45% | 1.12% | 1.88% | 1.34% | 1.25% | 1.14% | 0.52% | 0.31% | 0.63% | 0.81% |
Financials
KBH vs. DHI - Financials Comparison
This section allows you to compare key financial metrics between KB Home and D.R. Horton, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KBH vs. DHI - Profitability Comparison
KBH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, KB Home reported a gross profit of -167.43M and revenue of 1.11B. Therefore, the gross margin over that period was -15.1%.
DHI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, D.R. Horton, Inc. reported a gross profit of 2.15B and revenue of 9.23B. Therefore, the gross margin over that period was 23.3%.
KBH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, KB Home reported an operating income of 24.75M and revenue of 1.11B, resulting in an operating margin of 2.2%.
DHI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, D.R. Horton, Inc. reported an operating income of 1.23B and revenue of 9.23B, resulting in an operating margin of 13.3%.
KBH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, KB Home reported a net income of 27.35M and revenue of 1.11B, resulting in a net margin of 2.5%.
DHI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, D.R. Horton, Inc. reported a net income of 904.90M and revenue of 9.23B, resulting in a net margin of 9.8%.
Frequently Asked Questions
KBH and DHI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHI has higher volatility (9.61%) compared to KBH (9.42%). In terms of maximum drawdown, KBH dropped -92.78% vs DHI's -88.84%.
KBH currently has the higher Sharpe Ratio (0.00 vs -0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for KBH and DHI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer