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Side-by-side financial comparison of KE Holdings Inc. (BEKE) and Raymond James Financial (RJF). Click either name above to swap in a different company.

Raymond James Financial is the larger business by last-quarter revenue ($3.9B vs $3.2B, roughly 1.2× KE Holdings Inc.). Raymond James Financial runs the higher net margin — 14.1% vs 3.2%, a 10.9% gap on every dollar of revenue. Over the past eight quarters, KE Holdings Inc.'s revenue compounded faster (9.8% CAGR vs 1.3%).

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.

Raymond James Financial, Inc. is an American multinational independent investment bank and financial services company providing financial services to individuals, corporations, and municipalities through its subsidiary companies that engage primarily in investment and financial planning, in addition to investment banking and asset management. The company is headquartered in St. Petersburg, Florida.

BEKE vs RJF — Head-to-Head

Bigger by revenue
RJF
RJF
1.2× larger
RJF
$3.9B
$3.2B
BEKE
Higher net margin
RJF
RJF
10.9% more per $
RJF
14.1%
3.2%
BEKE
Faster 2-yr revenue CAGR
BEKE
BEKE
Annualised
BEKE
9.8%
1.3%
RJF

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BEKE
BEKE
RJF
RJF
Revenue
$3.2B
$3.9B
Net Profit
$104.9M
$544.0M
Gross Margin
21.4%
Operating Margin
2.6%
Net Margin
3.2%
14.1%
Revenue YoY
13.0%
Net Profit YoY
10.0%
EPS (diluted)
$2.83

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
RJF
RJF
Q1 26
$3.9B
Q4 25
$3.2B
$4.2B
Q3 25
$3.6B
$4.2B
Q2 25
$3.8B
Q1 25
$3.2B
$3.8B
Q4 24
$4.0B
Q3 24
$3.2B
$4.0B
Q2 24
$3.2B
$3.8B
Net Profit
BEKE
BEKE
RJF
RJF
Q1 26
$544.0M
Q4 25
$104.9M
$563.0M
Q3 25
$182.4M
$604.0M
Q2 25
$436.0M
Q1 25
$117.9M
$495.0M
Q4 24
$600.0M
Q3 24
$166.5M
$602.0M
Q2 24
$261.5M
$492.0M
Gross Margin
BEKE
BEKE
RJF
RJF
Q1 26
Q4 25
21.4%
Q3 25
21.9%
Q2 25
Q1 25
20.7%
Q4 24
Q3 24
22.7%
Q2 24
27.9%
Operating Margin
BEKE
BEKE
RJF
RJF
Q1 26
Q4 25
2.6%
Q3 25
4.1%
Q2 25
14.7%
Q1 25
2.5%
17.5%
Q4 24
18.6%
Q3 24
3.2%
Q2 24
8.6%
17.1%
Net Margin
BEKE
BEKE
RJF
RJF
Q1 26
14.1%
Q4 25
3.2%
13.5%
Q3 25
5.0%
14.4%
Q2 25
11.3%
Q1 25
3.7%
12.9%
Q4 24
14.9%
Q3 24
5.2%
15.0%
Q2 24
8.1%
13.1%
EPS (diluted)
BEKE
BEKE
RJF
RJF
Q1 26
$2.83
Q4 25
$2.79
Q3 25
$2.96
Q2 25
$2.12
Q1 25
$2.36
Q4 24
$2.86
Q3 24
$2.85
Q2 24
$2.31

Balance Sheet & Financial Strength

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

Metric
BEKE
BEKE
RJF
RJF
Cash + ST InvestmentsLiquidity on hand
$1.3B
$5.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$52.0M
Total Assets
$16.8B
$91.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEKE
BEKE
RJF
RJF
Q1 26
$5.4B
Q4 25
$1.3B
$9.9B
Q3 25
$1.6B
$11.4B
Q2 25
$9.2B
Q1 25
$1.8B
$9.7B
Q4 24
$10.0B
Q3 24
$1.4B
$11.0B
Q2 24
$1.3B
$9.1B
Stockholders' Equity
BEKE
BEKE
RJF
RJF
Q1 26
$52.0M
Q4 25
$12.6B
Q3 25
$9.6B
$12.5B
Q2 25
$12.3B
Q1 25
$9.5B
$12.2B
Q4 24
$11.9B
Q3 24
$10.1B
$11.7B
Q2 24
$9.7B
$11.2B
Total Assets
BEKE
BEKE
RJF
RJF
Q1 26
$91.9B
Q4 25
$16.8B
$88.8B
Q3 25
$17.3B
$88.2B
Q2 25
$84.8B
Q1 25
$18.0B
$83.1B
Q4 24
$82.3B
Q3 24
$17.5B
$83.0B
Q2 24
$16.9B
$80.6B

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%

RJF
RJF

Private Client Group$2.8B73%
Bank$486.0M13%
Capital Markets$464.0M12%
Other$99.0M3%

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