Saturday 17 October 2026 Export BEKE’s income statement to Excel — free account

KE Holdings Inc. Sponsored ADR

KE Holdings Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $13.5 billion, up 5.63% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 125.0%, free cash flow grew 760.5% and total debt rose 608.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

18.00 0.17 +0.95%

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Market cap: $18.8B
P/E: 27.6×
Fwd P/E: 20.6×
Dividend yield: 1.53%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 102.65

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	2	—

Insider Ownership 2.63%

Capital & Financial Ratios $m

Market Cap 18,820.00

Revenue 13,034.55

Net Income 699.13

Free Cash Flow 804.08

Net Debt (8,000.87)

Current Ratio 3.30

Debt/Equity 0.03

P/E ratio 27.58

Fwd P/E 20.60

P/S ratio 1.49

P/B ratio 2.01

Past 5Y EPS Growth 19.79%

This Y EPS Growth (3.01%)

Next Y EPS Growth 13.63%

Next Y revenue growth (4.75%)

Next 5Y EPS Growth 6.98%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 23.73%

10-year low 10-year high

P/S against its own 10 years 35.55%

10-year low 10-year high

P/B against its own 10 years 53.00%

10-year low 10-year high

EV/Sales against its own 10 years 26.37%

10-year low 10-year high

EV/FCF against its own 10 years 41.28%

10-year low 10-year high

Dividends

Payout Ratio 0.44

Annual Dividend Rate 0.28

Annual Dividend Yield 1.53%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.41	0.28
2025	0.19	0.36
2024	0.35	0.35
2023	0.00	0.17
2022	Powerpack
2021	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	8,467	8,442	7,940	8,255
Receivables	704	1,196	866	1,172
Inventory	—	—	—	—
Other	—	—	—	—
	9,171	9,638	8,806	9,427

	2023	2024	2025	Q'26
Payables	891	1,300	865	899
ST’ Debt	41	39	101	200
Other	—	—	—	—
	2,882	3,489	2,982	2,858

Compound Annual Growth %

	10y	5y	3y
Sales	—	4.60%	15.42%
Cash Flow	—	0.00%	0.00%
Earnings	—	31.13%	0.00%
Book Value	—	(1.45%)	(1.69%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,739	3,617	—	—	—
’25	3,215	3,631	3,238	3,441	13,525
’24	2,268	3,216	3,218	4,101	12,804
’23	2,953	2,687	2,441	2,874	10,955
’22	1,979	2,057	2,474	2,286	8,796
’21	3,159	3,744	2,808	2,960	12,672
’20	1,020	2,842	3,027	26,519	10,802

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(213)	969	—	—	—
’25	(546)	113	112	268	(54)
’24	(127)	660	81	681	1,294
’23	1,111	(51)	227	285	1,572
’22	132	437	249	409	1,227
’21	377	161	(179)	205	564
’20	(586)	1,303	1,216	1,701	1,435

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(213)	969	—	—	—
’25	(546)	113	112	268	(141)
’24	(127)	660	81	681	1,152
’23	1,111	(51)	227	285	1,448
’22	132	437	249	409	1,112
’21	377	161	(179)	205	340
’20	(586)	1,303	1,216	1,701	1,299

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.16	0.35	—	—	—
’25	0.10	0.16	0.09	0.02	0.37
’24	0.05	0.22	0.14	0.07	0.47
’23	0.33	0.15	0.13	0.08	0.69
’22	(0.08)	(0.23)	0.08	0.06	(0.17)
’21	0.13	0.14	(0.23)	(0.12)	(0.07)
’20	(0.15)	0.35	(0.05)	0.36	0.15

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	31.79	15.15	7.31	13.71	12.44	15.39	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	79.40	78.00	24.85	21.08	26.05	25.17
People
People	Employees	—	—	—	87,706	119,658	110,082	98,540	116,344	135,072	119,245
	Revenue/emp, $m	—	0.00	0.00	0.07	0.09	0.12	0.09	0.09	0.09	0.11
Income, $m
Income, $m	Revenue	—	29,410	33,930	6,513	10,802	12,672	8,796	10,955	12,804	13,525
	Gross margin, %	—	18.69	23.98	24.49	23.92	19.59	22.71	27.92	24.55	21.37
	EBT	—	(174)	(593)	(181)	672	179	42	1,110	941	669
	EBT margin, %	—	(0.59)	(1.75)	(2.77)	6.22	1.41	0.48	10.14	7.35	4.95
	Net income	—	(662)	(554)	(309)	426	(82)	(203)	830	559	428
	Depreciation	—	935	938	147	180	215	218	197	139	153
Per share, $
Per share, $	Revenue	—	24.48	28.79	14.18	14.56	10.71	7.39	9.33	11.26	12.20
	Earnings	—	(0.19)	(0.16)	(0.67)	0.15	(0.07)	(0.17)	0.71	0.49	0.39
	Cash flow	—	(6.20)	3.23	0.03	1.93	0.48	1.03	1.34	1.14	(0.05)
	Capex	—	0.00	0.00	(0.22)	(0.18)	(0.19)	(0.10)	(0.10)	(0.12)	(0.08)
	Free cash flow	—	(6.20)	3.23	(0.18)	1.75	0.29	0.93	1.23	1.01	(0.13)
	Book value	—	12.36	14.37	(2.72)	13.79	8.89	8.42	8.66	8.61	8.58
	Shares, m	—	1,201	1,179	459	742	1,183	1,190	1,174	1,137	1,109
Valuation, ×
Valuation, ×	P/E	—	0.00	0.00	0.00	157.79	0.00	0.00	22.14	36.84	41.18
	P/S	—	0.00	0.00	0.00	2.26	1.88	2.00	1.68	1.64	1.29
	P/B	—	0.00	0.00	0.00	0.95	2.26	1.76	1.81	2.14	1.84
	EV/Sales	—	0.00	0.00	0.00	0.23	1.60	1.85	1.71	1.66	0.72
	EV/FCF	—	0.00	0.00	0.00	2.09	36.04	13.26	17.49	22.92	(23.46)
Cash, $m
Cash, $m	Operating cash flow	—	(7,445)	3,810	16	1,435	564	1,227	1,572	1,294	(54)
	Capex	—	(663)	(643)	(100)	(136)	(224)	(115)	(123)	(142)	(87)
	Free cash flow	—	(7,445)	3,810	(84)	1,299	340	1,112	1,448	1,152	(141)
Balance, $m
Balance, $m	Working capital	—	9,628	7,757	3,894	9,283	7,383	6,730	6,289	6,149	5,824
	Total debt	—	6,821	6,796	1,119	234	5,335	7,500	41	39	164
	Net debt	—	(12,150)	(10,487)	(3,661)	(9,762)	(3,474)	(1,356)	(8,426)	(8,402)	(7,776)
	Shareholders’ equity	—	14,851	16,932	(1,251)	10,236	10,522	10,012	10,169	9,788	9,514
Returns, %
Returns, %	ROA	—	(12.60)	(1.35)	(2.13)	0.87	(0.52)	(1.27)	5.05	3.17	2.45
	ROIC	—	0.00	0.00	0.00	57.40	(1.89)	(0.87)	24.23	23.26	10.85
	ROE	—	68.21	7.30	11.28	2.46	(0.79)	(1.96)	8.21	5.58	4.44

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CBRE CBRE Group, Inc.	$39.2B	30.2×	20.2×	+15.53% (above 0%: growing)	−2.78% (below 0%: shrinking)	−1,200.00% (below 0%: shrinking)	18.58%	3.25%	Compare
BEKE KE Holdings Inc. Sponsored ADR	$18.8B	27.6×	20.6×	−0.39% (below 0%: shrinking)	+125.00% (above 0%: growing)	+760.48% (above 0%: growing)	28.58%	12.33%
JLL Jones Lang LaSalle Incorporated	$14.3B	14.3×	13.2×	+10.84% (above 0%: growing)	+97.46% (above 0%: growing)	+51.87% (above 0%: growing)	54.76%	4.20%	Compare
CSGP CoStar Group, Inc.	$13.0B	173×	59.5×	+18.44% (above 0%: growing)	+879.02% (above 0%: growing)	+1,525.00% (above 0%: growing)	78.70%	8.22%	Compare
COMP Compass, Inc.	$7.4B	130×	24.1×	+109.03% (above 0%: growing)	+71.43% (above 0%: growing)	+164.71% (above 0%: growing)	100.00%	2.88%	Compare
FSV FirstService Corporation	$6.2B	38.3×	34.9×	+2.37% (above 0%: growing)	−0.99% (below 0%: shrinking)	−23.87% (below 0%: shrinking)	33.17%	6.88%	Compare
CIGI Colliers International Group Inc.	$4.6B	42.6×	49.4×	+16.68% (above 0%: growing)	+600.00% (above 0%: growing)	+285.13% (above 0%: growing)	40.39%	6.26%	Compare
IHS IHS Holding Limited	$2.9B	20.1×	7.6×	+10.41% (above 0%: growing)	n/m	−41.30% (below 0%: shrinking)	48.32%	19.32%	Compare
CWK Cushman & Wakefield PLC	$2.7B	39.0×	11.1×	+11.22% (above 0%: growing)	−12.00% (below 0%: shrinking)	+15,066.67% (above 0%: growing)	18.53%	4.86%	Compare
Median of peers	$6.8B	38.6×	22.2×	+13.37%	+71.43%	+108.29%	44.36%	5.56%

All 46 Real Estate Services stocks →

KE Holdings Inc. Sponsored ADR (BEKE) key facts

Strength: KE Holdings Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $13.5 billion, up 5.63% from fiscal 2024.
KE Holdings Inc. Sponsored ADR (BEKE) is a Real Estate Services company in the Real Estate sector, traded in the US as an ADR.
As of October 16, 2026, BEKE traded at $18.00, a market capitalization of $18.8 billion.
KE Holdings Inc. Sponsored ADR pays an annual dividend of $0.28 per share, a yield of 1.53%, with a payout ratio of 44.4%.
Return on equity was 4.44% and debt-to-equity 0.03.
Its Piotroski F-score is 4 out of 9 for fiscal 2025.