Stocktoria

KE Holdings Inc. BEKE

NYSE · stock · Real Estate Agents & Managers (For Others) · website · IPO 2020-08-13 · LEI

KE Holdings Inc. statistics & valuation

Profitability & efficiency

Net margin (%)
-4.70% 3.90% -0.60% -2.30% 7.60% 4.30% 3.20% 2019202020212022202320242025
Gross margin (%)
24.50% 23.90% 19.60% 22.70% 27.90% 24.60% 21.40% 2019202020212022202320242025
Operating margin (%)
-3.90% 4.00% -1.70% -1.40% 6.20% 4.00% 2.20% 2019202020212022202320242025
Return on equity (%)
4.20% -0.80% -2.00% 8.10% 5.70% 4.50% 2019202020212022202320242025
Shares outstanding
1.38B 2.27B 3.55B 3.57B 3.61B 3.54B 3.47B 2019202020212022202320242025
Net debt ($)
-$1.64B -$928.6M 2019202020212022202320242025
Share buybacks ($)
2019202020212022202320242025
Return on assets (%)
-3.20% 2.70% -0.50% -1.30% 4.90% 3.10% 2.60% 2019202020212022202320242025
Free cash flow margin (%)
2019202020212022202320242025
Debt / equity (×)
0.00× 0.02× 2019202020212022202320242025
EPS ($)
-$2.94 $0.05 -$0.02 -$0.06 $0.23 $0.16 $0.12 2019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

KE Holdings Inc. trades at about 145.2× earnings — near its 10-year norm (10-year range 61.6×–1182×, median 156×).

61.6× 1182×

Shaded band = 10-year range (61.6×–1182×); dot = today's 145.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin21.4%24.6%27.9%22.7%19.6%23.9%24.5%
Operating margin2.2%4.0%6.2%-1.4%-1.7%4.0%-3.9%
Net margin3.2%4.3%7.6%-2.3%-0.6%3.9%-4.7%
Return on assets2.6%3.1%4.9%-1.3%-0.5%2.7%-3.2%
Return on equity4.5%5.7%8.1%-2.0%-0.8%4.2%24.5%
Debt / equity0.02×0.00×
Current ratio1.611.451.762.112.422.601.87

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.