KB Home was founded as Kaufman & Broad in Detroit, Michigan in 1957 by Donald Kaufman and Eli Broad. The company began to expand domestically, first to Arizona in 1962, then to California in 1963.
In 1986 the company went public and was the first home builder to be traded on the New York Stock Exchange.
The company is most known for engaging in homebuilding promotions with Disney, Martha Stewart, and the Ellen DeGeneres Show.
Today KB Home builds single family homes, townhomes, and condos primarily in Texas, Colorado, California, and the South Eastern United States for an average price of $291,700.
KB Home trades publicly on the New York Stock Exchange under the ticker symbol KBH, is a member of the Russell 2000, is #948 in the Fortune 1000, has 1,590 employees, and had $2.53 billion in revenue in 2014.
KB HomeKB Home was founded as Kaufman & Broad in Detroit, Michigan in 1957 by Donald Kaufman and Eli Broad. The company began to expand domestically, first to Arizona in 1962, then to California in 1963.
In 1986 the company went public and was the first home builder to be traded on the New York Stock Exchange.
The company is most known for engaging in homebuilding promotions with Disney, Martha Stewart, and the Ellen DeGeneres Show.
History
Today KB Home builds single family homes, townhomes, and condos primarily in Texas, Colorado, California, and the South Eastern United States for an average price of $291,700.
KB Home trades publicly on the New York Stock Exchange under the ticker symbol KBH, is a member of the Russell 2000, is #948 in the Fortune 1000, has 1,590 employees, and had $2.53 billion in revenue in 2014.