Landings and Reserves at Aven offer personalized new homes on large homesites close to schools and outdoor recreation, priced from the mid $400,000s. LAS VEGAS, Jan. 30, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Landings and Reserves at Aven. These new communities are situated in a prime southwest Las Vegas location, which offers a perfect blend of family friendly activities, outdoor adventure and picturesque ...

LOS ANGELES, Jan. 30, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., has been named to Fortune's 2026 list of World's Most Admired Companies. The annual ranking, compiled by Fortune in partnership with Korn Ferry, is based on an independent survey of thousands of senior executives, directors and analysts who evaluate companies on reputation and performance. Continue Reading This marks the 10th time that KB Home has been named to the list. The company ...

Point Martin offers personalized, new townhomes in a picturesque hilltop location close to schools, parks and entertainment and a short drive to popular beaches, priced from mid $1M. DALY CITY, Calif., Jan. 30, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Point Martin, which provides a rare opportunity to own a new home in a prime San Francisco Peninsula location. Situated between the Pacific Ocean and San Franci ...

McGibney, 51, joined KB Home in 2000 in its Las Vegas division, and held roles of increasing responsibility with the Company from Division President (2012) to Regional General Manager (2016), Regional President (2018), and Chief Operating Officer and Executive Vice President (2021). In 2024, McGibney was elevated to President, with overall responsibility for the Company's operations, while also directing business strategy, community and revenue growth and key strategic support functions, such as architectur ...

Mirador Ridge Skies offers personalized, new single-story homes with planned community amenities and close to award-winning schools and parks, priced from the $360,000s. TUCSON, Ariz., Jan. 23, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Mirador Ridge Skies, the company's third new-home community within the desirable Mirador Point master plan in Southeast Tucson. Nestled among rolling desert hills, Southeast Tuc ...

Financial Performance and Projections - As of November 30, 2025, the company had a backlog of homes valued at approximately $X billion, which represents potential future housing revenues [54]. - The company delivered homes in a seasonal pattern, with 30% of deliveries occurring in the second quarter of 2025, compared to 36% in the second quarter of 2024 [60]. - The company does not use interest rate derivative instruments to manage exposure to changes in interest rates, which may affect future earnings and cash flows [319]. - As of November 30, 2025, the total fixed-rate debt is projected to be $1,340,000, with a fair value of $1,333,188 [321]. - The weighted average effective interest rate for fixed-rate debt in 2025 is 5.9%, with specific rates of 7.1% for 2027 and 7.5% for 2030 [321]. - The variable rate debt amounts to $360,000, with a weighted average effective interest rate of 5.4% as of November 30, 2025 [321]. - A 100 basis-point increase in the interest rate would increase annual interest expenses by approximately $3.6 million [321]. - For the year ending November 30, 2024, the total fixed-rate debt is also projected to be $1,340,000, with a fair value of $1,309,700 [322]. - The weighted average effective interest rate for fixed-rate debt in 2024 is 5.9%, with a specific rate of 7.1% for 2027 [322]. - The variable rate debt for 2024 is $360,000, with a weighted average effective interest rate of 6.0% [322]. - The financial services unconsolidated joint venture, KBHS, is exposed to interest rate risk related to its lending activities [324]. - KBHS utilizes best efforts forward sale commitments to manage interest rate risk and does not engage in speculative derivative activities [324]. - The entire loan portfolio of KBHS is held for sale and is subject to best efforts forward sale commitments [324]. Employee and Organizational Culture - Employee turnover for 2025 was 18%, with 16% voluntary departures and 2% involuntary separations, consistent with industry standards [65]. - The company employed approximately 2,118 full-time employees as of November 30, 2025, down from 2,384 in 2024 [62]. - The company has implemented a comprehensive wellness program for employees, promoting physical and mental health [72]. - The company has established partnerships with academic institutions to enhance its talent pipeline and recruit exceptional candidates [68]. - The company has a strong organizational culture, with senior corporate executives maintaining an average tenure of approximately 19 years [62]. Sustainability and Environmental Initiatives - The company has built over 217,000 ENERGY STAR certified homes, saving homeowners an estimated average of over $1,400 annually on utility bills compared to typical resale homes [76]. - The company has committed to building WaterSense labeled homes in all future Arizona, California, and Nevada communities, contributing to an estimated savings of 2.2 billion gallons of water per year [76]. - The company aims to enhance energy efficiency and water conservation in homes, with goals based on EPA standards [76]. - The company has a Supplier Code of Conduct that emphasizes fair treatment of workers and environmentally responsible operations, aligning with its sustainability goals [86]. - The board of directors maintains a governance framework with 90% independent directors and a strong focus on sustainability initiatives, reflecting a commitment to stockholder engagement [88]. - The company has been recognized as one of America's Most Responsible Companies by Newsweek for six consecutive years, highlighting its leadership in environmental and social practices [83]. Community Engagement and Safety - The company has invested in community initiatives through its KB Cares program, focusing on shelter, sustainability, and construction skills [82]. - The company introduced the nation's first new-home community meeting wildfire resilience standards in March 2025, utilizing fire-resistant materials and methods to significantly reduce wildfire spread risk [81]. - The company has partnered with IBACOS® since 2014 for annual jobsite safety reviews, ensuring compliance with safety obligations across nearly 50 checkpoints [80]. - The company aims to expand the application of IBHS standards to other new-home communities in 2026 and beyond, enhancing safety and resilience [81]. Customer Satisfaction - In 2025, the company received 18 division-level AvidCX awards, including the prestigious AvidCX Cup, based on customer satisfaction surveys from new homeowners [84].

Core Insights - KB Home has announced the grand opening of Haven at Crosswinds, a new community in Morgan Hill, California, with homes priced from the mid $800,000s [1][2] Group 1: Community Features - Haven at Crosswinds offers personalized townhomes designed for modern living, featuring up to three bedrooms and three-and-a-half baths, with some plans including a first-floor suite [1][4] - The community will include amenities such as a pool, park, children's playground, and clubhouse with a lounge and barbecue area, all within walking distance to local schools and parks [1][4] Group 2: Location Advantages - The community is strategically located near U.S. Highway 101, providing easy access to major employers in Silicon Valley, including Google, Apple, and Intel, as well as recreational areas like Henry W. Coe State Park [6] - Proximity to downtown Morgan Hill offers residents shopping, dining, and entertainment options, enhancing the overall lifestyle [6] Group 3: Company Commitment - KB Home emphasizes building strong, personal relationships with customers, allowing for a unique homebuying experience tailored to individual preferences [3][9] - The company is recognized as the 1 customer-ranked national homebuilder based on homebuyer satisfaction surveys, reflecting its commitment to quality and customer service [3][9] Group 4: Sustainability and Efficiency - KB Home focuses on innovative design and energy efficiency, with homes engineered to be ENERGY STAR certified, which is achieved by fewer than 12% of new homes nationwide [5] - The company aims to lower the total cost of homeownership through sustainable building practices and energy-efficient designs [9]

Group 1 - KB Home's board of directors has declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on February 19, 2026, to stockholders of record on February 5, 2026 [1] - KB Home is one of the largest and most trusted homebuilders in the United States, operating in 49 markets and having built over 700,000 homes in nearly 70 years [2] - The company is recognized as the 1 customer-ranked national homebuilder based on third-party buyer surveys, emphasizing strong customer relationships and personalized homebuying experiences [2] Group 2 - KB Home is an industry leader in sustainability, achieving high residential energy-efficiency ratings and delivering more ENERGY STAR® certified homes than any other builder [2] - The company's focus on sustainability helps lower the total cost of homeownership for its customers [2]

Core Insights - KB Home has launched the Stone Canyon community in Sacramento, which is the first in Northern California to meet the IBHS wildfire resilience standards, aimed at reducing wildfire risk and potentially lowering home insurance costs [1][5]. Group 1: Community Features - Stone Canyon will consist of 24 single-story homes, built to the Wildfire Prepared Home Plus standard, and will receive certification for meeting IBHS's stringent homesite-level requirements [3]. - The community will also earn a provisional Wildfire Prepared Neighborhood designation, enhancing its resilience against wildfires [3]. - Each home will be ENERGY STAR certified and WaterSense labeled, providing greater comfort and utility cost savings compared to non-certified homes [3]. Group 2: Construction Standards - Homes in Stone Canyon will incorporate fire-resistant materials and construction methods, including Class A fire-rated roofs, noncombustible gutters, and ember-resistant vents, designed to protect against direct flame contact and radiant heat [4]. - The neighborhood design includes a 5-foot noncombustible buffer around structures and separation of most homes by more than 10 feet to further reduce wildfire risk [4]. Group 3: Market Position and Pricing - The homes are designed for modern living, featuring spacious layouts ranging from 2,300 to 2,800 square feet, with prices starting from the $780,000s [6]. - Stone Canyon is KB Home's second community designated as a Wildfire Prepared Neighborhood, following Dixon Trail in Escondido, showcasing the company's commitment to addressing wildfire risks in California [5].

Core Insights - KB Home has announced the grand opening of Watermill, a new home community in Uhland, Texas, with homes priced from the mid $200,000s [1][5] - The community features personalized home designs, modern amenities, and is strategically located near Texas State University and various outdoor recreational areas [3][4] Company Overview - KB Home is one of the largest and most trusted homebuilders in the U.S., operating in 49 markets and having built over 700,000 homes in nearly 70 years [6] - The company emphasizes building strong personal relationships with customers, allowing for unique home personalization [2][6] Community Features - Watermill offers one- and two-story homes with up to five bedrooms and three-and-a-half baths, along with community amenities such as a playground, park, pavilion, and walking paths [1][3] - The location provides easy access to major highways and is close to shopping and dining options [4] Home Design and Efficiency - KB Home focuses on innovative designs that promote contemporary living, featuring energy and water-efficient homes that are ENERGY STAR certified [3][6] - The homes are designed to support healthier indoor environments and provide utility cost savings [3][7]