KE Holdings (BEKE) Net Margin (2019 - 2026)
KE Holdings' (BEKE) quarterly Net Margin came in at 12.7% in Q1 2026, up 452.0% year-on-year from 2.3% in Q1 2025, and up 491.9% quarter-over-quarter from 2.14% in Q4 2025.
KE Holdings (BEKE) Net Margin (2019 - 2026) Analysis & Trends
KE Holdings has disclosed Net Margin across 8 years of filings, most recently posting 12.7% for Q1 2026.
- Net Margin for Q1 2026 came in at 12.7%, up 452.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.6% (up 381.0% YoY), and the FY2025 annual result was 3.17%, down 118.0% from the prior year.
- Net Margin came in at 12.7% for Q1 2026 at KE Holdings, up from 2.14% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 17.56% in Q1 2023 to a low of 15.53% in Q4 2022.
- The 5-year median for Net Margin is 8.13% (2024), against an average of 4.37%.
- Across the five-year window, Net Margin tumbled 1577 bps in 2022 and soared 1734 bps in 2023, its largest moves.
- KE Holdings' Net Margin stood at 15.53% in 2022, then soared by 31 bps to 10.74% in 2023, then surged by 45 bps to 5.88% in 2024, then surged by 136 bps to 2.14% in 2025, then surged by 492 bps to 12.7% in 2026.
- The last three Net Margin figures came in at 12.7% (Q1 2026), 2.14% (Q4 2025), and 7.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | 18.25% |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 3.25% |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 0.33% |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 2.49% |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | 12.70% |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 0.33% |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | -24.04% |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | -0.50% |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 2.32% |
| 10 | Kennedy-Wilson Holdings | 1.53 Bn | 1.38 Bn | 83.20 Mn | 11.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.70% |
| Dec 31, 2025 | 2.14% |
| Sep 30, 2025 | 7.97% |
| Jun 30, 2025 | 8.19% |
| Mar 31, 2025 | 8.17% |
| Dec 31, 2024 | -5.88% |
| Sep 30, 2024 | 7.89% |
| Jun 30, 2024 | 8.13% |
| Mar 31, 2024 | 8.50% |
| Dec 31, 2023 | -10.74% |
| Sep 30, 2023 | 12.12% |
| Jun 30, 2023 | 9.48% |
| Mar 31, 2023 | 17.56% |
| Dec 31, 2022 | -15.53% |
| Sep 30, 2022 | 10.73% |
| Jun 30, 2022 | -7.28% |
| Mar 31, 2022 | 0.22% |
| Dec 31, 2021 | 0.24% |
| Sep 30, 2021 | -4.89% |
| Jun 30, 2021 | 6.78% |