Is Cbre Group financially healthy?

On 30 September 2026 Cbre Group held 1.68B USD in cash and short-term investments against total debt of 10.47B USD. Its current ratio is 1.17: what falls due within a year against what turns into cash within a year. Over the last twelve months it generated 938.00M USD of free cash flow.

Is Cbre Group growing?

Cbre Group's revenue grew 11.2% a year over its last five fiscal years, from 23.83B USD in fiscal year 2020 to 40.55B USD in fiscal year 2025. Over the last twelve months it was up 14.2% on the twelve months before.

Where can I find Cbre Group's annual report (10-K)?

Cbre Group files its annual report (Form 10-K) and its quarterly reports (Form 10-Q) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

Cbre Group
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CBRE

Arincen ScoreBeta70/100

70/100B

133.610

USD

1.07

(0.80%)

Market Open

Last updated: 13 Nov, 11:03 GMT-5 · Delayed 15 min

Fair value218.40Plus-39%164Price 133.61273

Q4 FY2026 · Earnings report

EPS estimate 2.63Revenue estimate 13.13B

Q4 FY2026 · Earnings report

Thursday 11 February

EPS estimate 2.63Revenue estimate 13.13B

Fair value218.40Plus-39%164Price 133.61273

Q4 FY2026 · Earnings report

EPS estimate 2.63Revenue estimate 13.13B

Q4 FY2026 · Earnings report

Thursday 11 February

EPS estimate 2.63Revenue estimate 13.13B

Overview Financials Forecast Earnings Company

Cbre Group financials

Yes. Cbre Group earned 1.38B USD of net income over the last twelve months, 3.1% of its revenue. It made a profit in 23 of its 25 fiscal years since 2001. Its last loss was in fiscal year 2008.

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 44.90B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 1.38B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 938.00M USD
Cash and short-term investments: 1.68B USD
Total debt: 10.47B USD
Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.: 8.67B USD

Cash, debt and equity as of 30 Sept 2026.

Cbre Group earnings

Next earnings · Q4 FY2026

11 Feb 2027

EPS estimate

2.63 USD

Revenue estimate

13.13B USD

Last quarter · Q3 FY2026

EPS2.05Beat +4.6%Revenue11.52BMissed -2.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q3 FY2027	—	2.30	—	—	+12.32%	12.97B	—	—	+12.63%
Q2 FY2027	—	1.87	—	—	+20.00%	12.45B	—	—	+10.88%
Q1 FY2027	—	1.51	—	—	-6.36%	11.57B	—	—	+9.92%
Q4 FY2026	11 Feb 2027	2.63	—	—	-3.66%	13.13B	—	—	+12.92%
Q3 FY2026	22 Oct 2026	1.96	2.05	+4.59%	+27.33%	11.81B	11.52B	-2.47%	+12.27%
Q2 FY2026	29 Jul 2026	1.47	1.56	+6.12%	+31.09%	11.18B	11.23B	+0.40%	+15.10%
Q1 FY2026	23 Apr 2026	1.13	1.61	+42.48%	+87.21%	10.23B	10.53B	+2.94%	+18.15%
Q4 FY2025	12 Feb 2026	2.68	2.73	+1.87%	+17.67%	11.69B	11.63B	-0.55%	+11.77%
Q3 FY2025	23 Oct 2025	1.46	1.61	+10.27%	+34.17%	10.11B	10.26B	+1.43%	+13.52%
Q2 FY2025	29 Jul 2025	1.07	1.19	+11.21%	+46.91%	9.46B	9.75B	+3.14%	+16.23%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2028	10.08	—	—	+13.56%	56.77B	—	—	+9.84%
FY2027	8.87	—	—	+13.31%	51.68B	—	—	+11.17%
FY2026	7.83	—	—	+22.54%	46.49B	—	—	+14.65%
FY2025	6.33	6.39	+0.89%	+25.05%	40.48B	40.55B	+0.17%	+13.38%
FY2024	5.02	5.11	+1.86%	+33.07%	35.63B	35.77B	+0.37%	+11.95%
FY2023	3.64	3.84	+5.61%	-32.39%	29.20B	31.95B	+9.42%	+3.64%
FY2022	5.51	5.68	+3.16%	+4.99%	30.56B	30.83B	+0.89%	+11.11%

Cbre Group growth and profitability

Full income statement

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 44.90B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 1.38B USD
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.: 17.46%
Operating margin: 4.59%
Net margin: 3.08%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2025	40.55B	+13.37%	1.16B	+19.52%	14.97%	4.32%	2.85%	2.55B	+18.36%
FY2024	35.77B	+11.95%	968.00M	-1.83%	19.63%	3.95%	2.71%	2.15B	+19.30%
FY2023	31.95B	+3.64%	986.00M	-29.92%	19.72%	3.50%	3.09%	1.80B	-11.19%
FY2022	30.83B	+11.11%	1.41B	-23.41%	21.48%	4.90%	4.56%	2.03B	-2.95%
FY2021	27.75B	+16.45%	1.84B	+144.29%	22.22%	5.90%	6.62%	2.09B	+24.45%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q3 FY2026	11.52B	443.00M	18.45%	4.87%	3.85%
Q2 FY2026	11.23B	204.00M	18.58%	3.25%	1.82%
Q1 FY2026	10.53B	318.00M	17.59%	4.85%	3.02%
Q4 FY2025	11.63B	416.00M	15.29%	5.35%	3.58%
Q3 FY2025	10.26B	363.00M	19.40%	4.69%	3.54%

How Cbre Group makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Revenue40.55B 100.0%

Cost of revenue34.48B 85.0%

Gross profit6.07B 15.0%

Selling and administration5.54B 13.7%

Operating income1.75B 4.3%

Tax317.00M 0.8%

Other expense279.00M 0.7%

Net income1.16B 2.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Cbre Group revenue breakdown

By product

FY2025

50.9%Advisory Services44.1%Project Management5.1%Real Estate Investments

Segment	Revenue	Share of revenue	Change on the year
Advisory Services	8.84B	50.9%	-8.0%
Project Management	7.66B	44.1%	—
Real Estate Investments	879.00M	5.1%	-15.3%

By region

FY2025

56.3%United States29.6%All Other Countries14.1%United Kingdom

Region	Revenue	Share of revenue	Change on the year
United States	22.85B	56.3%	+13.3%
All Other Countries	11.99B	29.6%	+12.7%
United Kingdom	5.71B	14.1%	+14.9%

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2025	1.56B	1.19B
FY2024	1.71B	1.40B
FY2023	534.00M	229.00M
FY2022	1.72B	1.46B
FY2021	2.44B	2.23B
FY2020	1.92B	1.65B
FY2019	1.26B	963.16M
FY2018	1.19B	963.07M
FY2017	950.08M	772.03M
FY2016	658.14M	466.94M

Cbre Group financial health

Full balance sheet

Cash and short-term investments: 1.68B USD
Total debt: 10.47B USD
Net cash: -8.78B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 938.00M USD
Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.: 1.17
Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.: 1.21
Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.: 6 / 9
Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.: 3.24

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2025	1.86B	9.99B	1.19B
FY2024	1.11B	5.69B	1.40B
FY2023	1.27B	4.83B	229.00M
FY2022	1.32B	3.49B	1.46B
FY2021	2.43B	4.20B	2.23B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2025	30.88B	21.25B	8.88B
FY2024	24.38B	15.19B	8.41B
FY2023	22.55B	13.48B	8.27B
FY2022	20.51B	11.91B	7.85B
FY2021	22.07B	12.71B	8.53B
FY2020	18.04B	10.53B	7.08B
FY2019	16.20B	9.92B	6.23B
FY2018	13.46B	8.45B	4.94B
FY2017	11.72B	7.54B	4.02B
FY2016	10.78B	7.72B	3.01B

Cbre Group valuation

Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.: 28.43
Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.: 17.06
Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.: 0.86
Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.: 4.44
EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.: 15.77

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Market capitalization

38.51B USD

Total debt

10.47B USD

−

Cash and short-term investments

1.68B USD

Enterprise value

47.29B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
FY2028 (est.)	13.26	—	—	—	—
FY2027 (est.)	15.06	13.26	—	—	—
FY2026 (est.)	17.06	15.06	—	—	—
Now (TTM)	28.43	15.29	0.86	4.44	15.77
FY2025	41.44	20.54	1.18	5.40	22.02
FY2024	41.55	20.73	1.12	4.77	20.80
FY2023	29.09	11.01	0.90	3.47	17.90
FY2022	17.65	11.01	0.81	3.16	13.31
FY2021	19.80	11.01	1.31	4.27	18.23

Cbre Group against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Jones Lang LaSalle, CoStar Group, and Compass, the US Real Estate - Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

P/E (today)Below its median28.4
25.949.3
Gross marginLowest in 5 years15.0%
15.0%22.2%
Against its peers: 3 of 4Peers' median 75.2%
Operating marginAt its median4.3%
3.5%5.9%
Against its peers: 2 of 4Peers' median -0.4%
Net marginBelow its median2.9%
2.7%6.6%
Against its peers: 2 of 4Peers' median 0.2%
Return on equityAt its median13.0%
11.5%21.5%
Against its peers: 1 of 4Peers' median 0.1%
Free cash flow marginBelow its median2.9%
0.7%8.0%
Against its peers: 2 of 4Peers' median 2.9%
Revenue growthAbove its median13.4%
3.6%16.5%
Against its peers: 3 of 4Peers' median 18.7%
EPS growthAbove its median22.6%
-26.6%143.7%
Against its peers: 2 of 3Peers' median -25.0%
Debt to EBITDAHighest in 5 years3.92×
1.72×3.92×
Against its peers: 3 of 4Peers' median 3.90×
Current ratioAt its median1.09
1.031.20
Against its peers: 3 of 4Peers' median 2.84

Figure	FY2025	5-year low – high	Against its history	Against its peers
P/E (today)	28.4	25.949.3	Below its median	—
Gross margin	15.0%	15.0%22.2%	Lowest in 5 years	3 of 4
Operating margin	4.3%	3.5%5.9%	At its median	2 of 4
Net margin	2.9%	2.7%6.6%	Below its median	2 of 4
Return on equity	13.0%	11.5%21.5%	At its median	1 of 4
Free cash flow margin	2.9%	0.7%8.0%	Below its median	2 of 4
Revenue growth	13.4%	3.6%16.5%	Above its median	3 of 4
EPS growth	22.6%	-26.6%143.7%	Above its median	2 of 3
Debt to EBITDA	3.92×	1.72×3.92×	Highest in 5 years	3 of 4
Current ratio	1.09	1.031.20	At its median	3 of 4

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Cbre Group ownership

InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.: 96.88%
Institutional holders: 1,105 (-5)
Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.: 99.30%

Who owns the shares

Institutions 96.9% Others 3.1%

As of 30 Jun 2026

Shares free to trade

Free float 286.19M shares ·99.3% Closely held 2.00M shares ·0.7%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

Quarter	Sales	Shares acquired	Shares disposed of
Q3 2026	3	0.00	5.14K
Q2 2026	2	25.89K	10.98K
Q1 2026	3	300.63K	85.82K
Q4 2025	1	0.00	23.02K

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2025	298.16M	300.75M	-2.36%
FY2024	305.86M	308.03M	-1.45%
FY2023	308.43M	312.55M	-4.62%
FY2022	322.81M	327.70M	-3.54%
FY2021	335.23M	339.72M	+0.39%

Common questions about Cbre Group's financials

Source: Financial Modeling Prep

Cbre Group
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Quotes are delayed by 15 minutes

CBRE

Cbre Group financials

Cbre Group earnings

Revenue

EPS

Cbre Group growth and profitability

Revenue / Net income

How Cbre Group makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Cbre Group revenue breakdown

By product

By region

Operating and free cash flow

Cbre Group financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Cbre Group valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Cbre Group against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Cbre Group ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Cbre Group's financials

Is Cbre Group profitable?

Is Cbre Group financially healthy?

Is Cbre Group growing?

Where can I find Cbre Group's annual report (10-K)?

Need help?

Cbre Group DQuotes are delayed by 15 minutes

CBRE

Cbre Group financials

Cbre Group earnings

Revenue

EPS

Cbre Group growth and profitability

Revenue / Net income

How Cbre Group makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Cbre Group revenue breakdown

By product

By region

Operating and free cash flow

Cbre Group financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Cbre Group valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Cbre Group against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Cbre Group ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Cbre Group's financials

Is Cbre Group profitable?

Is Cbre Group financially healthy?

Is Cbre Group growing?

Where can I find Cbre Group's annual report (10-K)?

Need help?

Cbre Group
D
Quotes are delayed by 15 minutes