KE Holdings (BEKE) EBITDA Margin (2019 - 2026)
KE Holdings' (BEKE) quarterly EBITDA Margin came in at 12.33% in Q2 2026, up 826.0% year-over-year from 1.33% in Q2 2025, and up 4.26% quarter-over-quarter from 11.83% in Q1 2026.
Analysis
KE Holdings (BEKE) EBITDA Margin (2019 - 2026) Analysis & Trends
KE Holdings has disclosed EBITDA Margin across 8 years of filings, most recently posting 12.33% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 826.0% year-over-year to 12.33%; the TTM figure through Jun 2026 stood at 7.98% (up 207.0% YoY), while the FY2025 annual figure was 2.23%, down 180.0% from the prior year.
- EBITDA Margin came in at 12.33% for Q2 2026 at KE Holdings, up from 11.83% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 22.9% in Q1 2023 to a low of 11.02% in Q2 2022.
- Average EBITDA Margin over 5 years is 6.92%, with a median of 8.12% recorded in 2025.
- Year-over-year, EBITDA Margin sank 2159 bps in 2022 and jumped 2018 bps in 2023.
- Over 5 years, EBITDA Margin stood at 2.31% in 2022, then sank by 137 bps to 0.86% in 2023, then soared by 479 bps to 3.25% in 2024, then plunged by 120 bps to 0.66% in 2025, then surged by 1960 bps to 12.33% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 12.33% in Q2 2026, 11.83% in Q1 2026, and 0.66% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KE Holdings | 18.57 Bn | 16.16 Bn | 1.03 Bn | 12.33% |
| 2 | Compass | 7.71 Bn | 7.01 Bn | 3.88 Bn | 2.88% |
| 3 | Agnt | 622.27 Mn | 411.22 Mn | 98.80 Mn | 0.11% |
| 4 | Re | 263.27 Mn | -411.62 Mn | - | 3.09% |
| 5 | Douglas Elliman | 147.00 Mn | 41.78 Mn | 59.19 Mn | -1.21% |
| 6 | Fathom Holdings | 19.79 Mn | 15.29 Mn | 113.03 Mn | -3.79% |
| 7 | Linkhome Holdings | 17.91 Mn | 12.55 Mn | 158,719.00 | -3.65% |
| 8 | reAlpha Tech | 7.90 Mn | 5.67 Mn | 732,947.00 | -259.74% |
| 9 | Real Messenger | 2.81 Mn | 2.81 Mn | - | - |
| 10 | Ohmyhome | 639,071.50 | -2.90 Mn | 1.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.33% |
| Mar 31, 2026 | 11.83% |
| Dec 31, 2025 | -0.66% |
| Sep 30, 2025 | 8.34% |
| Jun 30, 2025 | 4.07% |
| Mar 31, 2025 | 7.89% |
| Dec 31, 2024 | 3.25% |
| Sep 30, 2024 | 9.54% |
| Jun 30, 2024 | 8.62% |
| Mar 31, 2024 | 10.17% |
| Dec 31, 2023 | -0.86% |
| Sep 30, 2023 | 14.24% |
| Jun 30, 2023 | 5.55% |
| Mar 31, 2023 | 22.90% |
| Dec 31, 2022 | 2.31% |
| Sep 30, 2022 | 13.31% |
| Jun 30, 2022 | -11.02% |
| Mar 31, 2022 | 2.72% |
| Dec 31, 2021 | 2.72% |
| Sep 30, 2021 | -3.04% |