KB HOME

For the period ended Aug 31, 2024. Filed Oct 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 31, 2024 · Filed Oct 10, 2024

KBH$52.01+2.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

KB HOME

CONSOLIDATED STATEMENTS OF OPERATIONS

(In Thousands, Except Per Share Amounts – Unaudited)

	Three Months Ended August 31,		Nine Months Ended August 31,
	2024	2023	2024	2023
Total revenues	$1,752,608	$1,587,011	$4,930,187	$4,736,641
Homebuilding:
Revenues	$1,745,979	$1,579,719	$4,909,189	$4,716,102
Construction and land costs	(1,385,563)	(1,240,380)	(3,874,193)	(3,709,759)
Selling, general and administrative expenses	(171,466)	(160,097)	(500,187)	(468,510)
Operating income	188,950	179,242	534,809	537,833
Interest income and other	4,073	5,492	29,379	7,688
Equity in income (loss) of unconsolidated joint ventures	3,453	(112)	3,232	(1,182)
Homebuilding pretax income	196,476	184,622	567,420	544,339
Financial services:
Revenues	6,629	7,292	20,998	20,539
Expenses	(1,608)	(1,530)	(4,627)	(4,360)
Equity in income of unconsolidated joint venture	5,932	4,149	19,422	11,157
Financial services pretax income	10,953	9,911	35,793	27,336
Total pretax income	207,429	194,533	603,213	571,675
Income tax expense	(50,100)	(44,600)	(138,800)	(131,800)
Net income	$157,329	$149,933	$464,413	$439,875
Earnings per share:
Basic	$2.10	$1.86	$6.12	$5.34
Diluted	$2.04	$1.80	$5.94	$5.18
Weighted average shares outstanding:
Basic	74,476	80,175	75,339	81,790
Diluted	76,630	82,732	77,565	84,332

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.