KE Holdings (BEKE) Operating Margin (2019 - 2026)

KE Holdings (BEKE) has 8 years of Operating Margin data on file, last reported at 6.74% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 421.0% year-over-year to 6.74%; the trailing twelve-month figure through Mar 2026 stood at 3.1% (down 121.0% YoY), and the FY2025 full-year result was 2.23%, down 180.0% from the prior year.
• Operating Margin climbed to 6.74% in Q1 2026, from 0.66% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 14.69% in Q1 2023 to a low of 11.02% in Q2 2022.
• A 5-year average of 2.7% and a median of 3.22% in 2024 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin sank 1563 bps in 2022 and jumped 2200 bps in 2023, its largest moves.
• Tracing BEKE's Operating Margin over 5 years: stood at 2.31% in 2022, then plunged by 137 bps to 0.86% in 2023, then surged by 479 bps to 3.25% in 2024, then tumbled by 120 bps to 0.66% in 2025, then jumped by 1116 bps to 6.74% in 2026.
• Business Quant data shows BEKE's Operating Margin at 6.74% in Q1 2026, 0.66% in Q4 2025, and 2.64% in Q3 2025.