KBH vs. MTH
KBH (KB Home) and MTH (Meritage Homes Corporation) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, KBH returned 15.29%/yr vs 14.69%/yr for MTH. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
KBH vs. MTH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KBH achieves a -7.96% return, which is significantly lower than MTH's 4.31% return. Both investments have delivered pretty close results over the past 10 years, with KBH having a 15.29% annualized return and MTH not far behind at 14.69%.
KBH
- 1D
- 0.67%
- 1M
- 0.53%
- YTD
- -7.96%
- 6M
- -19.20%
- 1Y
- 2.68%
- 3Y*
- 5.68%
- 5Y*
- 4.25%
- 10Y*
- 15.29%
MTH
- 1D
- -0.73%
- 1M
- 2.68%
- YTD
- 4.31%
- 6M
- -5.61%
- 1Y
- 10.62%
- 3Y*
- 5.35%
- 5Y*
- 6.93%
- 10Y*
- 14.69%
KBH vs. MTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KBH KB Home | -7.96% | -12.72% | 6.64% | 99.04% | -27.48% | 35.29% | -0.86% | 82.31% | -39.98% | 103.05% |
MTH Meritage Homes Corporation | 4.31% | -12.32% | -10.16% | 90.53% | -24.46% | 47.38% | 35.53% | 66.42% | -28.28% | 47.13% |
Correlation
The correlation between KBH and MTH is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 1988 | 0.54 |
Over the past year, KBH and MTH have become more correlated (0.87) than their long-term average of 0.54, meaning their price movements have been converging.
Fundamentals
KBH:
$3.28B
MTH:
$4.59B
KBH:
$5.38
MTH:
$5.52
KBH:
9.56
MTH:
12.35
KBH:
0.57
MTH:
0.85
KBH:
0.72
MTH:
0.90
KBH:
$5.92B
MTH:
$5.61B
KBH:
$893.19M
MTH:
$1.05B
KBH:
$477.26M
MTH:
$575.32M
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. MTH — Risk / Return Rank
KBH
MTH
KBH vs. MTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KB Home (KBH) and Meritage Homes Corporation (MTH). 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.
| KBH | MTH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.07 | 0.28 | -0.20 |
Sortino ratioReturn per unit of downside risk | 0.39 | 0.74 | -0.35 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.08 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.05 | 0.36 | -0.31 |
Martin ratioReturn relative to average drawdown | 0.11 | 0.70 | -0.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| KBH | MTH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.28 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.18 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.35 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.18 | -0.02 |
Drawdowns
KBH vs. MTH - Drawdown Comparison
The maximum KBH drawdown since its inception was -92.78%, roughly equal to the maximum MTH drawdown of -93.22%. Use the drawdown chart below to compare losses from any high point for KBH and MTH.
Loading charts...
Drawdown Indicators
| KBH | MTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.78% | -93.22% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -32.85% | -27.68% | -5.17% |
Max Drawdown (3Y)Largest decline over 3 years | -48.27% | -42.95% | -5.32% |
Max Drawdown (5Y)Largest decline over 5 years | -48.27% | -46.77% | -1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -72.38% | -64.27% | -8.11% |
Current DrawdownCurrent decline from peak | -40.90% | -33.87% | -7.03% |
Average DrawdownAverage peak-to-trough decline | -43.55% | -47.59% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.75% | 14.25% | -0.50% |
Volatility
KBH vs. MTH - Volatility Comparison
KB Home (KBH) and Meritage Homes Corporation (MTH) have volatilities of 12.02% and 11.70%, 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 | MTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.02% | 11.70% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 26.24% | 26.44% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.66% | 38.58% | -1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.09% | 38.71% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.68% | 42.51% | +2.17% |
Dividends
KBH vs. MTH - Dividend Comparison
KBH's dividend yield for the trailing twelve months is around 1.94%, less than MTH's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBH KB Home | 1.94% | 1.77% | 1.45% | 1.12% | 1.88% | 1.34% | 1.25% | 1.14% | 0.52% | 0.31% | 0.63% | 0.81% |
MTH Meritage Homes Corporation | 2.60% | 2.61% | 1.95% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
KBH vs. MTH - Financials Comparison
This section allows you to compare key financial metrics between KB Home and Meritage Homes Corporation. 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. MTH - Profitability Comparison
KBH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KB Home reported a gross profit of 0.00 and revenue of 1.08B. Therefore, the gross margin over that period was 0.0%.
MTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Meritage Homes Corporation reported a gross profit of 193.80M and revenue of 1.12B. Therefore, the gross margin over that period was 17.4%.
KBH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KB Home reported an operating income of 32.99M and revenue of 1.08B, resulting in an operating margin of 3.1%.
MTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Meritage Homes Corporation reported an operating income of 142.40M and revenue of 1.12B, resulting in an operating margin of 12.8%.
KBH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KB Home reported a net income of 33.42M and revenue of 1.08B, resulting in a net margin of 3.1%.
MTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Meritage Homes Corporation reported a net income of 55.31M and revenue of 1.12B, resulting in a net margin of 5.0%.
Frequently Asked Questions
KBH and MTH have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KBH has higher volatility (12.02%) compared to MTH (11.70%). In terms of maximum drawdown, KBH dropped -92.78% vs MTH's -93.22%.
MTH currently has the higher Sharpe Ratio (0.28 vs 0.07), 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 MTH
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