KB Home — Jan 13, 2025 release

• Average selling price in the range of $488,000 to $498,000. • Homebuilding operating income as a percentage of revenues of approximately 10.7%, assuming no inventory-related charges. ◦ Housing gross profit margin in the range of 20.0% to 21.0%, assuming no inventory-related charges. ◦ Selling, general and administrative expenses as a percentage of housing revenues in the range of 9.6% to 10.0%. • Effective tax rate of approximately 24%. • Ending community count of approximately 250. The Company plans to also provide guidance for its 2025 first quarter on its conference call today. Conference Call The conference call to discuss the Company’s 2024 fourth quarter earnings will be broadcast live TODAY at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time. To listen, please go to the Investor Relations section of the Company’s website at kbhome.com . About KB Home KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 47 markets, have built over 680,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional homebuying experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainabili