KE Holdings Inc. (BEKE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
KE Holdings Inc. (BEKE) stock price & volume — 10-year historical chart
KE Holdings Inc. (BEKE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
KE Holdings Inc. (BEKE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 16, 2026 | $0.07vs $0.10-33.1% | $3.2Bvs $3.2B+0.0% |
| Q4 2025 | Nov 10, 2025 | $0.16vs $0.16+0.0% | $3.2Bvs $3.1B+3.7% |
| Q3 2025 | Aug 26, 2025 | $0.22vs $0.22+0.0% | $3.6Bvs $3.7B-0.7% |
| Q2 2025 | May 15, 2025 | $0.16vs $0.16+0.0% | $3.2Bvs $3.1B+2.8% |
KE Holdings Inc. (BEKE) competitors in Residential real estate brokerages and franchises — business model, growth, and fundamentals comparison
KE Holdings Inc. (BEKE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KE Holdings Inc. (BEKE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.51B | 28.65B | 46.01B | 70.48B | 80.75B | 60.67B | 77.78B | 93.46B | 103.52B |
| Revenue Growth % | - | 12.31% | 60.63% | 53.17% | 14.57% | -24.87% | 28.2% | 20.16% | 25.42% |
| Property Operating Expenses | 20.74B | 21.78B | 34.75B | 53.62B | 64.93B | 46.89B | 56.06B | 70.51B | 80.89B |
| Net Operating Income (NOI) | 4.77B▲ 0% | 6.87B▲ 44.1% | 11.27B▲ 64.0% | 16.86B▲ 49.6% | 15.82B▼ 6.2% | 13.78B▼ 12.9% | 21.72B▲ 57.6% | 22.94B▲ 5.6% | 22.63B▲ 0% |
| NOI Margin % | 18.69% | 23.98% | 24.49% | 23.92% | 19.59% | 22.71% | 27.92% | 24.55% | 21.86% |
| Operating Expenses | 5.53B | 8.09B | 13.05B | 14.02B | 17.17B | 14.61B | 16.92B | 19.18B | 19.36B |
| G&A Expenses | 5.28B | 7.42B | 11.48B | 11.3B | 13.23B | 11.92B | 14.89B | 16.74B | 16.53B |
| EBITDA | 47.31M | -425.71M | 18.55M | 4.02B | 15.9M | 669.82M | 6.2B | 4.78B | 4.26B |
| EBITDA Margin % | 0.19% | -1.49% | 0.04% | 5.7% | 0.02% | 1.1% | 7.97% | 5.11% | 4.12% |
| Depreciation & Amortization | 811.2M | 792.29M | 1.04B | 1.17B | 1.37B | 1.5B | 1.4B | 1.01B | 993.3M |
| D&A / Revenue % | 3.18% | 2.77% | 2.26% | 1.67% | 1.7% | 2.48% | 1.8% | 1.08% | 0.96% |
| Operating Income | -763.89M▲ 0% | -1.22B▼ 59.4% | -1.02B▲ 16.2% | 2.84B▲ 378.4% | -1.35B▼ 147.7% | -832.91M▲ 38.5% | 4.8B▲ 675.9% | 3.76B▼ 21.5% | 3.27B▲ 0% |
| Operating Margin % | -2.99% | -4.25% | -2.22% | 4.03% | -1.68% | -1.37% | 6.17% | 4.03% | 3.16% |
| Interest Expense | 43.85M | 43.54M | 181.11M | 0 | 11.86M | 14.49M | 28.15M | 28.55M | 1000K |
| Interest Coverage | -17.42x | -27.97x | -5.64x | - | -114.28x | -57.50x | 170.39x | 131.87x | - |
| Non-Operating Income | -669.41M | -762.48M | 0 | -236.05M | -746.71M | -148.06M | -3.11B | -151.58M | -832.49M |
| Pretax Income | -138.34M▲ 0% | -499.06M▼ 260.8% | -1.28B▼ 155.6% | 4.39B▲ 443.9% | 1.14B▼ 74.0% | 292.29M▼ 74.4% | 7.88B▲ 2597.3% | 6.87B▼ 12.9% | 6.01B▲ 0% |
| Pretax Margin % | -0.54% | -1.74% | -2.77% | 6.22% | 1.41% | 0.48% | 10.14% | 7.35% | 5.8% |
| Income Tax | 399.28M | -71.38M | 904.36M | 1.61B | 1.67B | 1.69B | 1.99B | 2.79B | 2.52B |
| Effective Tax Rate % | -288.63% | 14.3% | -70.89% | 36.67% | 146% | 578.05% | 25.3% | 40.64% | 41.98% |
| Net Income | -574.43M▲ 0% | -467.82M▲ 18.6% | -2.18B▼ 366.0% | 2.78B▲ 227.4% | -524.77M▼ 118.9% | -1.39B▼ 164.1% | 5.88B▲ 524.5% | 4.06B▼ 30.9% | 3.48B▲ 0% |
| Net Margin % | -2.25% | -1.63% | -4.74% | 3.94% | -0.65% | -2.28% | 7.56% | 4.35% | 3.36% |
| Net Income Growth % | - | 18.56% | -366.01% | 227.41% | -118.89% | -164.13% | 524.45% | -30.91% | -16.41% |
| Funds From Operations (FFO) | 236.77M▲ 0% | 324.47M▲ 37.0% | -1.14B▼ 451.6% | 3.95B▲ 446.4% | 846M▼ 78.6% | 116.65M▼ 86.2% | 7.29B▲ 6145.7% | 5.08B▼ 30.3% | 4.47B▲ 0% |
| FFO Margin % | 0.93% | 1.13% | -2.48% | 5.61% | 1.05% | 0.19% | 9.37% | 5.43% | 4.32% |
| FFO Growth % | - | 37.04% | -451.59% | 446.38% | -78.59% | -86.21% | 6145.69% | -30.31% | -27.75% |
| FFO per Share | 0.21 | 0.27 | -1.00 | 3.40 | 0.72 | 0.10 | 6.05 | 4.31 | 3.88 |
| FFO Payout Ratio % | 53.72% | 0% | 0% | 0.98% | 9.06% | 47.85% | 19.57% | 55.75% | 127.8% |
| EPS (Diluted) | -0.48▲ 0% | -0.39▲ 18.7% | -1.90▼ 387.2% | 0.96▲ 150.5% | -0.45▼ 146.9% | -1.17▼ 160.0% | 4.89▲ 517.9% | 3.45▼ 29.4% | 3.02▲ 0% |
| EPS Growth % | - | 18.75% | -387.18% | 150.53% | -146.88% | -160% | 517.95% | -29.45% | -15.3% |
| EPS (Basic) | -0.48 | -0.42 | -1.90 | 0.96 | -0.45 | -1.17 | 5.01 | 3.57 | - |
| Diluted Shares Outstanding | 1.14B | 1.19B | 1.14B | 1.16B | 1.18B | 1.19B | 1.2B | 1.18B | 1.15B |
KE Holdings Inc. (BEKE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 31.58B | 38.87B | 67.27B | 104.3B | 100.32B | 109.35B | 120.33B | 133.15B | 119.3B |
| Asset Growth % | - | 23.07% | 73.07% | 55.05% | -3.81% | 9% | 10.05% | 10.65% | 18.51% |
| Real Estate & Other Assets | 5.87M | 2.98B | 702.03M | 327.98M | 131.33M | 198.23M | 231.77M | -43.53M | 1.66B |
| PP&E (Net) | 6B | 6.09B | 6.73B | 8.29B | 9.22B | 13.32B | 19.5B | 25.77B | 24.12B |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 24.07B | 27.37B | 51.91B | 87.54B | 69.93B | 70.42B | 69.75B | 76.6B | 68.43B |
| Cash & Equivalents | 5.24B | 9.12B | 24.32B | 40.97B | 20.45B | 19.41B | 19.63B | 11.44B | 9.22B |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 2.1B | 7.36B | 5.56B | 1.02B | 8.78B | 8.63B | 10.66B | 8.86B | 6.74B |
| Intangible Assets | 264.73M | 197M | 2.59B | 1.64B | 1.14B | 1.69B | 1.31B | 1.25B | 755.56M |
| Total Liabilities | 19.14B | 24.01B | 35.73B | 37.5B | 33.26B | 40.29B | 48.13B | 61.7B | 51.36B |
| Total Debt | 5.68B | 5.96B | 13.05B | 7.99B | 7.51B | 12.19B | 17.99B | 22.65B | 21.1B |
| Net Debt | 446.11M | -3.16B | -11.27B | -32.98B | -12.94B | -7.22B | -1.65B | 11.21B | 11.88B |
| Long-Term Debt | 0 | 112.9M | 4.9B | 15M | 0 | 0 | 0 | 0 | 137.93M |
| Short-Term Borrowings | 1.38B | 1.14B | 3.01B | 1.51B | 454.2M | 619M | 290.45M | 288.28M | 657.41M |
| Capital Lease Obligations | 4.3B | 4.71B | 5.14B | 6.46B | 7.06B | 11.57B | 17.7B | 22.37B | 86.54B |
| Total Current Liabilities | 16.05B | 20.57B | 27.8B | 33.63B | 28.94B | 33.34B | 39.52B | 52.74B | 42.61B |
| Accounts Payable | 359.27M | 1.41B | 4.03B | 6.44B | 5.74B | 5.84B | 6.33B | 9.49B | 5.96B |
| Deferred Revenue | 244.44M | 303.81M | 593.37M | 734.16M | 1.13B | 3.29B | 0 | 0 | 5.48B |
| Other Liabilities | 0 | 532.93M | 120.28M | 3.47M | 1.38M | 475K | 389K | 2.56M | 2.27M |
| Total Equity | 12.44B▲ 0% | 14.86B▲ 19.5% | 31.54B▲ 112.2% | 66.79B▲ 111.8% | 67.06B▲ 0.4% | 69.05B▲ 3.0% | 72.2B▲ 4.6% | 71.45B▼ 1.0% | 67.94B▲ 0% |
| Equity Growth % | - | 19.47% | 112.24% | 111.8% | 0.39% | 2.98% | 4.56% | -1.04% | -8.1% |
| Shareholders Equity | 12.37B | 14.85B | 31.45B | 66.77B | 66.97B | 68.92B | 72.1B | 71.32B | 67.84B |
| Minority Interest | 65.84M | 10.47M | 87.2M | 27.07M | 81.52M | 134.08M | 101.28M | 124.18M | 98.51M |
| Common Stock | 178K | 189K | 202K | 482K | 489K | 487K | 475K | 461K | 454K |
| Additional Paid-in Capital | 0 | 0 | 2.53B | 77.43B | 78.97B | 80.3B | 77.58B | 72.46B | 66.04B |
| Retained Earnings | -5.37B | -7.99B | -11.78B | -9.23B | -9.84B | -11.41B | -5.67B | -1.72B | 1.18B |
| Preferred Stock | 17.6B | 22.66B | 40.37B | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | -1.82% | -1.33% | -4.11% | 3.24% | -0.51% | -1.32% | 5.12% | 3.21% | 2.74% |
| Return on Equity (ROE) | -4.62% | -3.43% | -9.4% | 5.65% | -0.78% | -2.04% | 8.33% | 5.66% | 5.02% |
| Debt / Assets | 17.99% | 15.33% | 19.4% | 7.66% | 7.49% | 11.15% | 14.95% | 17.01% | 17.68% |
| Debt / Equity | 0.46x | 0.40x | 0.41x | 0.12x | 0.11x | 0.18x | 0.25x | 0.32x | 0.32x |
| Net Debt / EBITDA | 9.43x | - | -607.58x | -8.21x | -813.75x | -10.78x | -0.27x | 2.35x | 2.35x |
| Book Value per Share | 10.88 | 12.49 | 27.58 | 57.55 | 56.68 | 58.04 | 59.97 | 60.59 | 59.06 |
KE Holdings Inc. (BEKE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -6.46B | 3.22B | 112.63M | 9.36B | 3.6B | 8.46B | 11.16B | 9.45B | 9.45B |
| Operating CF Growth % | - | 149.82% | -96.5% | 8212.42% | -61.6% | 135.34% | 31.88% | -15.33% | -172.57% |
| Operating CF / Revenue % | -25.31% | 11.23% | 0.24% | 13.28% | 4.45% | 13.95% | 14.35% | 10.11% | 9.13% |
| Net Income | -537.62M | -427.68M | -2.18B | 2.78B | -524.77M | -1.4B | 5.89B | 4.06B | 3.48B |
| Depreciation & Amortization | 811.2M | 792.29M | 1.04B | 1.17B | 1.37B | 1.5B | 1.4B | 1.01B | 993.3M |
| Stock-Based Compensation | 475.78M | 382.2M | 2.96B | 2.25B | 1.54B | 2.43B | 3.22B | 2.73B | 2.06B |
| Other Non-Cash Items | -145.31M | -93.82M | 498.34M | 525.23M | 1.35B | 533.8M | -839.62M | -428.54M | -1.04B |
| Working Capital Changes | -6.86B | 3.08B | -1.76B | 2.99B | 32.41M | 5.09B | 1.82B | 1.93B | -6.13B |
| Cash from Investing | -2.78B | 2.61B | -3.87B | -14.98B | -24.88B | -8.47B | -3.98B | -9.38B | 4.99B |
| Acquisitions (Net) | 66.43M | -288.05M | -743.21M | 14.66M | -3.32M | -3.15B | -9.89M | 117.21M | 0 |
| Purchase of Investments | -56.42B | -41.07B | -12.27B | -53.96B | -65.99B | -60.32B | -54.57B | -61.22B | 0 |
| Sale of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Investing | -1.32B | -1.8B | -1.29B | 89.28M | 3.31B | 15.13M | -639.75M | -2.11B | 5.47B |
| Cash from Financing | 9.58B | -1.28B | 23.03B | 25.41B | -1.07B | -1.15B | -6.96B | -5.79B | -7.91B |
| Dividends Paid | -127.19M | 0 | 0 | -38.62M | -76.62M | -55.81M | -1.43B | -2.83B | -5.71B |
| Common Dividends | -127.19M | 0 | 0 | -38.62M | -76.62M | -55.81M | -1.43B | -2.83B | -5.71B |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 0 |
| Share Repurchases | 0 | -306.18M | -347.22M | 0 | 0 | -1.32B | -5.15B | -5.1B | -7.93B |
| Other Financing | 8.73B | -1.16B | 2.95B | -206.84M | 75.76M | 55.81M | -55.92M | 2.14B | 5.73B |
| Net Change in Cash | 336.17M▲ 0% | 4.54B▲ 1251.7% | 19.17B▲ 321.9% | 17.61B▼ 8.2% | -22.81B▼ 229.5% | -1.14B▲ 95.0% | 263.2M▲ 123.1% | -5.56B▼ 2210.9% | 146.04M▲ 0% |
| Exchange Rate Effect | -330K | 416K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 2M |
| Cash at Beginning | 7.88B | 8.22B | 12.76B | 31.93B | 49.54B | 26.73B | 25.59B | 25.86B | 19.23B |
| Cash at End | 8.22B | 12.76B | 31.93B | 49.54B | 26.73B | 25.59B | 25.86B | 20.3B | 15.97B |
| Free Cash Flow | -7.03B▲ 0% | 2.67B▲ 138.0% | -590.38M▼ 122.1% | 8.47B▲ 1535.5% | 2.17B▼ 74.5% | 7.67B▲ 254.1% | 10.28B▲ 34.1% | 8.41B▼ 18.2% | 2.43B▲ 0% |
| FCF Growth % | - | 138.03% | -122.08% | 1535.5% | -74.45% | 254.14% | 34.12% | -18.22% | -53.24% |
| FCF / Revenue % | -27.57% | 9.33% | -1.28% | 12.02% | 2.68% | 12.64% | 13.22% | 9% | 2.35% |
KE Holdings Inc. (BEKE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|
| FFO per Share | 0.27 | -1 | 3.4 | 0.72 | 0.1 | 6.05 | 4.31 | 3.88 |
| FFO Payout Ratio | 0% | 0% | 0.98% | 9.06% | 47.85% | 19.57% | 55.75% | 127.8% |
| NOI Margin | 23.98% | 24.49% | 23.92% | 19.59% | 22.71% | 27.92% | 24.55% | 21.86% |
| Net Debt / EBITDA | - | -607.58x | -8.21x | -813.75x | -10.78x | -0.27x | 2.35x | 2.35x |
| Debt / Assets | 15.33% | 19.4% | 7.66% | 7.49% | 11.15% | 14.95% | 17.01% | 17.68% |
| Interest Coverage | -27.97x | -5.64x | - | -114.28x | -57.50x | 170.39x | 131.87x | - |
| Book Value / Share | 12.49 | 27.58 | 57.55 | 56.68 | 58.04 | 59.97 | 60.59 | 59.06 |
| Revenue Growth | 12.31% | 60.63% | 53.17% | 14.57% | -24.87% | 28.2% | 20.16% | 25.42% |
KE Holdings Inc. (BEKE) stock FAQ — growth, dividends, profitability & financials explained
KE Holdings Inc. (BEKE) reported $103.52B in revenue for fiscal year 2024. This represents a 306% increase from $25.51B in 2017.
KE Holdings Inc. (BEKE) grew revenue by 20.2% over the past year. This is strong growth.
Yes, KE Holdings Inc. (BEKE) is profitable, generating $3.48B in net income for fiscal year 2024 (4.3% net margin).
Yes, KE Holdings Inc. (BEKE) pays a dividend with a yield of 1.94%. This makes it attractive for income-focused investors.
KE Holdings Inc. (BEKE) has a return on equity (ROE) of 5.7%. This is below average, suggesting room for improvement.
KE Holdings Inc. (BEKE) generated Funds From Operations (FFO) of $4.47B in the trailing twelve months. FFO is the primary profitability metric for REITs.
KE Holdings Inc. (BEKE) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates