Last 22 quarters of trend data · Industrials · Staffing & Employment Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Kanzhun Limited's quarterly P/E stands at 3.6x, up 5.5% year-over-year. EV/EBITDA has compressed 18.6% YoY to 2.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 16.03 | 3.64 | 3.44 | 2.77 | 4.13 | 3.45 | 4.17 | 5.17 | 8.12 | 5.61 | 4.03 | 5.53 | 66.08 |
| — | +5.5% | -17.7% | -46.4% | -49.1% | -38.5% | +3.4% | -6.6% | -87.7% | — | -56.0% | -83.2% | — | |
| P/S Ratio | 5.09 | 1.17 | 1.28 | 0.95 | 1.12 | 0.85 | 1.03 | 1.13 | 1.17 | 1.19 | 1.06 | 1.14 | 1.69 |
| — | +37.8% | +24.5% | -16.2% | -4.4% | -28.4% | -3.1% | -0.4% | -30.9% | -41.6% | -35.2% | -57.9% | -29.0% | |
| P/B Ratio | 2.12 | 0.48 | 0.58 | 0.47 | 0.54 | 0.41 | 0.54 | 0.59 | 0.56 | 0.56 | 0.50 | 0.53 | 0.73 |
| — | +17.0% | +7.4% | -19.3% | -3.9% | -25.8% | +6.6% | +11.4% | -23.2% | -26.1% | -19.6% | -50.1% | -27.1% | |
| P/FCF | 9.50 | 2.02 | 2.36 | 1.83 | 2.22 | 15.49 | 2.42 | 4.00 | 4.21 | — | 2.10 | 2.22 | 3.97 |
| — | -86.9% | -2.5% | -54.1% | -47.3% | — | +15.4% | +80.4% | +6.1% | — | -60.2% | -86.2% | -56.9% | |
| EV / EBITDA | 11.64 | 2.11 | 2.39 | 1.93 | 3.43 | 2.59 | 4.10 | 3.91 | 13.18 | 5.98 | 4.43 | 6.14 | — |
| — | -18.6% | -41.8% | -50.7% | -74.0% | -56.6% | -7.5% | -36.3% | — | — | +178.5% | +992.3% | — | |
| EV / EBIT | 15.49 | 2.11 | 2.39 | 1.93 | 3.43 | 2.59 | 4.10 | 3.91 | 13.18 | 5.98 | 4.43 | 6.14 | — |
| — | -18.6% | -41.8% | -50.7% | -74.0% | -56.6% | -7.5% | -36.3% | — | — | +178.5% | +992.3% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Kanzhun Limited's operating margin was 33.0% in Q4 2025, up 1.2 pp QoQ and up 12.1 pp YoY. This marks the 6th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 29.7% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.1% | 85.1% | 85.8% | 85.4% | 83.8% | 82.8% | 83.6% | 83.5% | 82.7% | 82.6% | 83.3% | 81.8% | 80.7% |
| — | +2.8% | +2.6% | +2.3% | +1.4% | +0.2% | +0.3% | +2.0% | +2.5% | +1.6% | +0.5% | -3.0% | -4.5% | |
| Operating Margin | 29.8% | 33.0% | 31.8% | 31.0% | 22.9% | 20.9% | 17.3% | 18.7% | 6.1% | 14.1% | 16.2% | 11.8% | -6.1% |
| — | +58.2% | +83.9% | +65.6% | +276.1% | +48.4% | +6.3% | +59.0% | +200.5% | +144.7% | +38.8% | +71.6% | -2012.6% | |
| Net Margin | 33.1% | 33.4% | 37.3% | 34.4% | 26.6% | 24.7% | 24.5% | 22.0% | 14.4% | 21.0% | 26.5% | 20.8% | 2.6% |
| — | +35.5% | +52.2% | +56.2% | +85.2% | +17.6% | -7.5% | +5.7% | +462.3% | +222.8% | +47.5% | +150.3% | +339.0% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.6% | 3.5% | 4.5% | 4.4% | 3.3% | 3.0% | 3.2% | 2.9% | 1.8% | 2.5% | 3.2% | 2.5% | 0.3% |
| — | +16.3% | +40.6% | +51.4% | +86.8% | +23.6% | -1.4% | +16.0% | +537.3% | +259.3% | +80.6% | +201.2% | +345.9% | |
| ROA | 12.5% | 2.8% | 3.6% | 3.5% | 2.6% | 2.4% | 2.5% | 2.2% | 1.3% | 1.9% | 2.5% | 2.0% | 0.2% |
| — | +20.8% | +44.3% | +56.1% | +93.0% | +25.5% | -2.4% | +12.9% | +510.2% | +253.4% | +77.3% | +199.8% | +346.3% | |
| ROIC | 12.8% | 3.3% | 3.6% | 3.6% | 2.5% | 2.3% | 2.1% | 2.3% | 0.7% | 1.5% | 1.8% | 1.6% | -1.5% |
| — | +45.6% | +74.1% | +55.8% | +273.0% | +55.2% | +14.9% | +41.8% | +146.7% | +110.6% | -91.5% | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Kanzhun Limited's Debt/EBITDA ratio is 0.2x, down from 0.2x last quarter — comfortably within a safe range. The current ratio has improved 29.3% YoY to 4.66x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| — | -61.0% | -64.7% | -55.9% | -16.5% | -3.2% | +35.3% | +29.2% | -22.2% | -17.7% | -29.1% | -24.4% | -13.7% | |
| Debt / EBITDA | 0.05 | 0.23 | 0.24 | 0.31 | 0.55 | 0.79 | 1.09 | 1.11 | 2.48 | 1.26 | 0.94 | 1.52 | — |
| — | -71.0% | -77.8% | -72.3% | -77.9% | -37.0% | +15.7% | -27.4% | — | — | -58.8% | -62.8% | — | |
| Current Ratio | 4.66 | 4.66 | 4.18 | 3.92 | 3.56 | 3.60 | 3.80 | 3.58 | 2.83 | 3.07 | 3.67 | 3.89 | 4.52 |
| — | +29.3% | +10.2% | +9.5% | +25.9% | +17.4% | +3.4% | -7.9% | -37.5% | -32.7% | -27.0% | -18.3% | -2.6% | |
| Quick Ratio | 4.66 | 4.66 | 4.18 | 3.92 | 3.56 | 3.60 | 3.80 | 3.58 | 2.83 | 3.02 | 3.67 | 3.83 | 4.52 |
| — | +29.3% | +10.2% | +9.5% | +25.9% | +19.2% | +3.3% | -6.6% | -37.5% | -33.8% | -27.0% | -18.2% | -2.6% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying BZ stock.
Kanzhun Limited's current P/E is 16.0x. The average P/E over the last 4 quarters is 3.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Kanzhun Limited's current operating margin is 29.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Kanzhun Limited's business trajectory between earnings reports.