KE Holdings Inc. (BEKE)
NYSE: BEKE · Real-Time Price · USD
16.99
+0.32 (1.92%)
At close: Jul 30, 2026, 4:00 PM EDT
16.68
-0.31 (-1.82%)
Pre-market: Jul 31, 2026, 4:04 AM EDT

KE Holdings Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
94,58094,58093,45777,77760,66980,752
Revenue Growth
55.90%1.20%20.16%28.20%-24.87%14.57%
Gross Profit
20,21220,21222,94421,71813,78115,819
Operating Income
2,1112,1113,7654,797-832.91-1,355
Net Income
2,9942,9944,0655,883-1,386-524.13
Earnings Per Share
2.582.583.454.89-1.12-0.44
EPS Growth
--25.22%-29.45%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Existing Home Transaction Services Net
24,28225,02028,20127,95424,12431,948
New Home Transaction Services Net
27,60930,59733,65330,57628,65046,472
Home Renovation and Furnishing Net
14,82015,42614,76910,8505,047197.45
Home Rental Services Net
21,82521,90014,3346,1001,515-
Emerging and Other Services Net
1,6081,6362,5002,2971,333-
Revenue (Total)
-94,58093,45777,77760,66980,752

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
44,98647,35352,76153,89354,89949,849
Total Debt
16,27118,77622,65517,98612,1917,510
Net Cash (Debt)
28,71528,57730,10635,90742,70842,339
Net Cash Growth
-4.62%-5.08%-16.16%-15.93%0.87%-13.01%
Net Cash Per Share
25.5924.6925.5329.8334.4635.54

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-376.17-376.179,44711,4148,5193,595
Capital Expenditures
-607.73-607.73-1,037-873.99-793.03-1,430
Free Cash Flow
-983.9-983.98,41010,5407,7262,165
Free Cash Flow Growth
---20.21%36.43%256.83%-74.45%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
21.37%21.37%24.55%27.92%22.71%19.59%
Operating Margin
2.23%2.23%4.03%6.17%-1.37%-1.68%
Pretax Margin
4.95%4.95%7.35%10.14%0.48%1.41%
Profit Margin
3.16%3.16%4.36%7.57%-2.30%-0.65%
FCF Margin
-1.04%-1.04%9.00%13.55%12.73%2.68%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingJul '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.2761.9312.6282.489
Dividend Per Share Growth
-27.10%-26.53%5.58%-
Dividend Yield
1.62%2.36%1.85%1.06%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
39.5542.7438.9723.47--
Forward PE
16.5722.1718.5812.9624.1462.99
P/FCF Ratio
87.04-18.5613.0515.4570.36
PS Ratio
1.491.311.671.771.971.89