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Side-by-side financial comparison of KE Holdings Inc. (BEKE) and Brookfield Renewable Partners L.P. (BEP). Click either name above to swap in a different company.

KE Holdings Inc. is the larger business by last-quarter revenue ($3.2B vs $1.7B, roughly 1.9× Brookfield Renewable Partners L.P.). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs 3.2%, a 2.7% gap on every dollar of revenue.

KE Holdings Inc., operating under the well-known Beike brand, is a leading integrated online and offline residential service platform based in China. It offers a full range of services including second-hand property brokerage, new housing sales agency, home rental, renovation, and related financial consultation to meet diverse housing-related demands of consumers across multiple scenarios.

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

BEKE vs BEP — Head-to-Head

Bigger by revenue
BEKE
BEKE
1.9× larger
BEKE
$3.2B
$1.7B
BEP
Higher net margin
BEP
BEP
2.7% more per $
BEP
5.9%
3.2%
BEKE

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
BEKE
BEKE
BEP
BEP
Revenue
$3.2B
$1.7B
Net Profit
$104.9M
$100.0M
Gross Margin
21.4%
Operating Margin
2.6%
Net Margin
3.2%
5.9%
Revenue YoY
14.2%
Net Profit YoY
213.6%
EPS (diluted)
$-0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEKE
BEKE
BEP
BEP
Q4 25
$3.2B
Q3 25
$3.6B
Q2 25
$1.7B
Q1 25
$3.2B
Q3 24
$3.2B
Q2 24
$3.2B
$1.5B
Q1 24
$2.3B
Q3 23
$2.4B
Net Profit
BEKE
BEKE
BEP
BEP
Q4 25
$104.9M
Q3 25
$182.4M
Q2 25
$100.0M
Q1 25
$117.9M
Q3 24
$166.5M
Q2 24
$261.5M
$-88.0M
Q1 24
$59.8M
Q3 23
$160.4M
Gross Margin
BEKE
BEKE
BEP
BEP
Q4 25
21.4%
Q3 25
21.9%
Q2 25
Q1 25
20.7%
Q3 24
22.7%
Q2 24
27.9%
Q1 24
25.2%
Q3 23
27.4%
Operating Margin
BEKE
BEKE
BEP
BEP
Q4 25
2.6%
Q3 25
4.1%
Q2 25
Q1 25
2.5%
Q3 24
3.2%
Q2 24
8.6%
Q1 24
0.1%
Q3 23
5.1%
Net Margin
BEKE
BEKE
BEP
BEP
Q4 25
3.2%
Q3 25
5.0%
Q2 25
5.9%
Q1 25
3.7%
Q3 24
5.2%
Q2 24
8.1%
-5.9%
Q1 24
2.6%
Q3 23
6.6%
EPS (diluted)
BEKE
BEKE
BEP
BEP
Q4 25
Q3 25
Q2 25
$-0.22
Q1 25
Q3 24
Q2 24
$-0.28
Q1 24
Q3 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEKE
BEKE
BEP
BEP
Cash + ST InvestmentsLiquidity on hand
$1.3B
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$33.3B
Total Assets
$16.8B
$98.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEKE
BEKE
BEP
BEP
Q4 25
$1.3B
Q3 25
$1.6B
Q2 25
$1.9B
Q1 25
$1.8B
Q3 24
$1.4B
Q2 24
$1.3B
$1.2B
Q1 24
$2.5B
Q3 23
$2.2B
Stockholders' Equity
BEKE
BEKE
BEP
BEP
Q4 25
Q3 25
$9.6B
Q2 25
$33.3B
Q1 25
$9.5B
Q3 24
$10.1B
Q2 24
$9.7B
$28.0B
Q1 24
$9.6B
Q3 23
$9.9B
Total Assets
BEKE
BEKE
BEP
BEP
Q4 25
$16.8B
Q3 25
$17.3B
Q2 25
$98.6B
Q1 25
$18.0B
Q3 24
$17.5B
Q2 24
$16.9B
$73.8B
Q1 24
$16.5B
Q3 23
$16.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEKE
BEKE
BEP
BEP
Operating Cash FlowLast quarter
$379.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.79×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEKE
BEKE
BEP
BEP
Q4 25
Q3 25
Q2 25
$379.0M
Q1 25
$-546.4M
Q3 24
$64.0M
Q2 24
$231.0M
Q1 24
Q3 23
$268.2M
Cash Conversion
BEKE
BEKE
BEP
BEP
Q4 25
Q3 25
Q2 25
3.79×
Q1 25
-4.64×
Q3 24
0.38×
Q2 24
Q1 24
Q3 23
1.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEKE
BEKE

New home transaction services$932.6M29%
Existing home transaction services$841.5M26%
Home rental services$804.4M25%
Home renovation and furnishing$604.0M19%
Emerging and other services$55.6M2%

BEP
BEP

Segment breakdown not available.

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