CBRE Group, Inc. (CBRE)

CBRE Group, Inc. operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The company operates through Advisory Services, Building Operations and Experience, Project Management, and Real Estate Investments segments. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, lease administration, accounting, investment reporting services, financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment provides facilities management, and project management services comprising building consulting, program, and project and cost management services under the Turner & Townsend brand name. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors and development services, such as real estate development and investment activities under the Trammell Crow Company brand to users and investors in commercial real estate, and for their own account. CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas.

Ticker
CBRE
Exchange
NYSE
Sector
Real Estate
Industry
Real Estate Services
Market cap
$39.08B
52-week range
$121.44 - $174.27

Valuation

Share price
$135.51 (close of Nov 6, 2026)
P/E (TTM)
28.77x
Price to book
4.33x
Price to free cash flow
41.66x
Enterprise value
$47.86B
Book value per share
$31.27

Price performance

PeriodChange
1 day-0.62%
5 days+5.17%
1 month+3.71%
3 months-8.10%
6 months-6.65%
Year to date-15.72%
1 year-9.65%
3 years+80.39%
5 years+27.02%
10 years+412.91%
All time+2,115.42%

Short interest

As of
Oct 15, 2026
Short % of float
1.51%
Shares short
4.33M
Days to cover
2.05
Change since prior report
-2.83%
Source
FINRA consolidated short interest

Super investors holding CBRE

Bill Nygren (Harris Associates LP) · Ken Griffin (Citadel) · John Rogers (Ariel Investments LLC) · Richard Pzena (Pzena Investment Management) · William Von Mueffling (Cantillon Capital Management LLC) · Third Avenue Management (Third Avenue Management LLC) · Robert Olstein (Olstein Capital Management) · Ray Dalio (Bridgewater Associates) · Christopher Davis (Davis Selected Advisers)

Profitability and growth

Return on equity
12.59%
Return on invested capital
7.49%
Return on assets
3.75%
Net margin
2.90%
EBITDA margin
6.22%
Revenue growth
13.41%
Net income growth
19.52%
Free cash flow growth
-14.85%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.40%
Current ratio
1.17x
Net debt to EBITDA
4.27x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$39.90B
EBITDA
$2.48B
Net income
$1.16B
Earnings per share
$3.88
Interest expense
$216.00M
Shares outstanding
298.16M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$39.90B$1.16B$3.88
2024-12-31$35.18B$968.00M$3.16
2023-12-31$31.50B$986.00M$3.20
2022-12-31$30.17B$1.41B$4.36
2021-12-31$26.95B$1.84B$5.48
2020-12-31$23.17B$751.99M$2.24
2019-12-31$23.27B$1.28B$3.82
2018-12-31$21.34B$1.06B$3.13
2017-12-31$18.63B$697.11M$2.06
2016-12-31$17.37B$573.08M$1.71

Margins and returns by year

Period endNet marginReturn on equityReturn on capital
2025-12-312.90%12.59%7.49%
2024-12-312.75%10.53%8.27%
2023-12-313.13%10.87%6.24%
2022-12-314.66%16.35%10.56%
2021-12-316.82%19.63%7.82%
2020-12-313.25%10.56%6.67%
2019-12-315.51%20.44%11.51%
2018-12-314.98%21.22%9.56%
2017-12-313.74%16.70%8.62%
2016-12-313.30%18.22%7.48%

Cash and debt by year

Period endCashDebt
2025-12-31$1.86B$5.05B
2024-12-31$1.11B$3.25B
2023-12-31$1.26B$2.80B
2022-12-31$1.32B$1.09B
2021-12-31$2.43B$1.54B
2020-12-31$1.90B$1.38B
2019-12-31$971.78M$1.76B
2018-12-31$777.22M$1.77B
2017-12-31$751.77M$2.00B
2016-12-31$762.58M$2.55B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.19B$120.00M
2024-12-31$1.40B$146.00M
2023-12-31$175.00M$96.00M
2022-12-31$1.37B$160.00M
2021-12-31$2.15B$185.00M
2020-12-31$1.56B$60.39M
2019-12-31$929.87M$127.74M
2018-12-31$903.45M$128.17M
2017-12-31$716.37M$93.09M
2016-12-31$425.78M$63.48M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-22Sep 2026$1.97
2026-07-29Jun 2026$1.47
2026-04-23Mar 2026$1.13
2026-02-12Dec 2025$2.66
2025-10-23Sep 2025$1.47
2025-07-29Jun 2025$1.05
2025-04-24Mar 2025$0.81
2025-02-13Dec 2024$2.21

Filings and sources

Company website
cbre.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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