---
schema_version: "secwatch.filing_event.v1"
accession: "0000795266-24-000004"
form_type: "8-K"
ticker: "KBH"
cik: "0000795266"
company_name: "KB HOME"
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T01:09:06.867856+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KB Home Q4 revenues $1.67B, EPS $1.85; net orders surge 176% YoY

## Summary
- Q4 revenues $1.67B (down from $1.94B YoY); diluted EPS $1.85 (down from $2.47).
- Full-year FY2023 revenues $6.41B, diluted EPS $7.03; book value per share $50.22 (+15% YoY).
- Net orders up 176% to 1,909; cancellation rate improved to 28% from 68%.
- Repurchased 3.6M shares in Q4 ($161.8M); total 9.2M shares in 2023 at avg $44.51.
- FY2024 guidance: housing revenue $6.4-6.8B, operating margin ~11%, community count ~270 (+12%).

## SEC filing metadata
- accession: 0000795266-24-000004
- form_type: 8-K
- ticker: KBH
- cik: 0000795266
- company_name: KB HOME
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795266/000079526624000004/0000795266-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795266/000079526624000004/kbh-20240110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000795266-24-000004
- JSON: https://secwatch.observer/filing/0000795266-24-000004.json
- Plain text: https://secwatch.observer/filing/0000795266-24-000004.txt

## Key facts
- Earnings Releases
  KB HOME reported the three months ended November 30, 2023 results: revenue $1.67 billion, net income $150.3 million, EPS $1.85.
  - Period: the three months ended November 30, 2023
  - Revenue: $1.67 billion
  - Net income: $150.3 million
  - EPS: $1.85
  - Result: reported results
  source text: KB HOME REPORTS 2023 FOURTH QUARTER AND FULL YEAR RESULTS Fourth Quarter Revenues of $1.67 Billion; Diluted Earnings Per Share of $1.85
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526624000004/0000795266-24-000004-index.htm
- Earnings Releases
  KB HOME reported the twelve months ended November 30, 2023 results: revenue $6.41 billion, net income $590.2 million, EPS $7.03.
  - Period: the twelve months ended November 30, 2023
  - Revenue: $6.41 billion
  - Net income: $590.2 million
  - EPS: $7.03
  - Result: reported results
  source text: Twelve Months Ended November 30, 2023 (comparisons on a year-over-year basis) • Revenues totaled $6.41 billion, compared to $6.90 billion. • Homes delivered of 13,236 were down 4%. • Average selling price was $481,300, compared to $500,800. • Net income was $590.2 million, compared to $816.7 million. • Diluted earnings per share were $7.03, compared to $9.09.
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526624000004/0000795266-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
