Saturday 17 October 2026
Export CBRE’s income statement to Excel — free account
CBRE Group, Inc.
CBRE Real Estate Real Estate Services
CBRE Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.6 billion, up 13.4% from fiscal 2024. In the quarter to June 2026, revenue grew 15.5%, EPS fell 2.78%, free cash flow fell 1,200.0% and total debt rose 31.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.
133.08
2.41
−1.78%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
18.57 | 21.38 | 12.79 | 16.04 | 28.00 | 19.80 | 18.07 | 29.04 | 41.55 | 41.44 |
Piotroski F-Score |
6 | 8 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 6 |
P/S ratio |
0.61 | 0.79 | 0.64 | 0.86 | 0.88 | 1.31 | 0.82 | 0.90 | 1.12 | 1.18 |
P/FCF ratio |
23.38 | 19.90 | 14.60 | 21.51 | 13.21 | 16.68 | 18.14 | 266.13 | 31.52 | 35.80 |
P/Operating CF |
15.80 | 29.08 | 21.60 | 19.63 | 22.36 | 31.25 | 31.10 | 33.71 | 29.97 | 39.26 |
P/B ratio |
3.46 | 3.54 | 2.71 | 3.28 | 2.95 | 3.89 | 2.94 | 3.17 | 4.37 | 5.21 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 18.05 | 10.89 | 18.61 | 16.39 | 15.48 | 31.54 | 0.00 |
EV/Sales |
0.71 | 0.86 | 0.68 | 0.89 | 0.85 | 1.33 | 0.82 | 0.95 | 1.18 | 1.26 |
EV/EBITDA |
10.30 | 10.68 | 9.20 | 11.82 | 12.40 | 17.02 | 11.97 | 15.83 | 18.50 | 19.04 |
EV/Operating CF |
19.95 | 17.86 | 12.81 | 17.37 | 11.12 | 15.63 | 15.61 | 62.90 | 24.72 | 32.74 |
EV/FCF |
27.18 | 21.48 | 15.58 | 22.21 | 12.80 | 16.94 | 18.22 | 279.48 | 33.14 | 38.12 |
Quick Ratio |
1.05 | 1.04 | 1.02 | 1.03 | 1.11 | 1.07 | 0.88 | 1.04 | 0.96 | 0.98 |
Current Ratio |
1.13 | 1.19 | 1.16 | 1.17 | 1.24 | 1.20 | 1.03 | 1.17 | 1.07 | 1.09 |
Net Debt/EBITDA |
1.44 | 0.79 | 0.58 | 0.37 | (0.40) | 0.27 | 0.05 | 0.76 | 0.90 | 1.16 |
Debt/Assets |
23.64% | 17.06% | 13.16% | 10.88% | 7.66% | 14.13% | 7.38% | 12.48% | 13.46% | 16.59% |
Debt/Equity |
0.83 | 0.48 | 0.35 | 0.28 | 0.19 | 0.33 | 0.18 | 0.31 | 0.36 | 0.56 |
Asset Turnover |
1.59 | 1.66 | 1.70 | 1.61 | 1.39 | 1.38 | 1.45 | 1.48 | 1.52 | 1.47 |
Operating CF/Net income |
1.08 | 1.28 | 1.06 | 0.95 | 2.43 | 1.29 | 1.16 | 0.49 | 1.76 | 1.35 |
Capex/Depreciation |
(0.51) | (0.43) | (0.47) | (0.55) | (0.40) | (0.39) | (0.42) | (0.51) | (0.53) | (0.27) |
Interest Coverage |
5.64 | 8.50 | 11.02 | 14.69 | 14.31 | 32.74 | 21.91 | 7.50 | 6.57 | 8.12 |
| 19.71% | 19.28% | 23.15% | 22.73% | 11.23% | 22.29% | 15.66% | 11.16% | 10.60% | 12.59% | |
| 5.26% | 6.20% | 8.45% | 8.65% | 4.39% | 9.16% | 6.61% | 4.58% | 4.13% | 4.19% | |
ROIC |
10.69% | 12.60% | 11.49% | 11.34% | 9.38% | 10.29% | 10.84% | 6.64% | 7.85% | 8.91% |
Return on Tangible Assets |
49.50% | 45.40% | 63.57% | 66.30% | 29.88% | 74.08% | 125.29% | 42.32% | 60.61% | 52.16% |
Average Days of Receivables |
82.53 | 80.14 | 86.94 | 84.84 | 90.38 | 85.49 | 69.43 | 82.30 | 78.54 | 90.81 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
16.01% | 15.35% | 15.77% | 14.38% | 13.88% | 14.68% | 15.08% | 14.28% | 14.01% | 13.67% |
Intangible Assets out of Total Assets |
0.41 | 0.40 | 0.38 | 0.32 | 0.29 | 0.34 | 0.34 | 0.32 | 0.32 | 0.32 |
Share Based Compensation of Revenue |
0.37% | 0.50% | 0.60% | 0.53% | 0.25% | 0.67% | 0.52% | 0.30% | 0.41% | 0.30% |
Graham Net Nets |
(0.25) | (0.13) | (0.12) | (0.12) | (0.10) | (0.07) | (0.13) | (0.13) | (0.13) | (0.17) |
Graham Number |
18.67 | 23.88 | 32.25 | 40.07 | 32.72 | 58.67 | 51.02 | 46.08 | 46.23 | 51.88 |
Earnings Yield |
5.38% | 4.68% | 7.82% | 6.23% | 3.57% | 5.05% | 5.53% | 3.44% | 2.41% | 2.41% |
Free Cash Flow Yield |
4.28% | 5.02% | 6.85% | 4.65% | 7.57% | 6.00% | 5.51% | 0.38% | 3.17% | 2.79% |
Revenue per Share |
51.78 | 55.17 | 62.89 | 71.16 | 71.08 | 82.77 | 95.50 | 103.59 | 116.94 | 136.00 |
Operating CF per Share |
1.84 | 2.65 | 3.33 | 3.64 | 5.46 | 7.05 | 5.05 | 1.56 | 5.58 | 5.23 |
Capex per Share |
(0.57) | (0.53) | (0.67) | (0.87) | (0.80) | (0.63) | (0.81) | (1.29) | (1.51) | (0.83) |
Free Cash Flow per Share |
1.27 | 2.12 | 2.66 | 2.77 | 4.67 | 6.43 | 4.24 | 0.26 | 4.08 | 4.40 |
Cash per Share |
2.48 | 2.44 | 2.55 | 3.26 | 6.08 | 7.58 | 4.35 | 4.45 | 3.99 | 6.75 |
Shareholders Equity per Share |
9.11 | 12.36 | 14.76 | 18.68 | 21.24 | 27.92 | 26.66 | 29.40 | 30.05 | 30.83 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
9.11 | 12.36 | 14.76 | 18.68 | 21.24 | 27.92 | 26.66 | 29.40 | 30.05 | 30.83 |
Free Cash Flow |
425.78 | 716.37 | 903.45 | 929.87 | 1,564.20 | 2,154.00 | 1,369.00 | 81.00 | 1,247.00 | 1,312.00 |
Working Capital |
597.02 | 917.64 | 950.83 | 1,098.01 | 1,701.65 | 1,663.50 | 287.00 | 1,423.00 | 683.00 | 1,169.00 |
Capital Expenditures |
(191.20) | (178.04) | (227.80) | (293.51) | (266.57) | (210.00) | (260.00) | (399.00) | (461.00) | (247.00) |
Net Current Asset Value |
(2,599.89) | (1,913.20) | (1,692.68) | (2,389.62) | (2,073.43) | (2,632.00) | (3,378.00) | (3,815.00) | (5,221.00) | (8,195.00) |
EV/EBIT |
15.07 | 14.81 | 13.32 | 16.87 | 21.00 | 22.58 | 16.82 | 27.03 | 29.88 | 29.12 |
Capex to Sales |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Price to Operating Income |
12.96 | 13.72 | 12.49 | 16.34 | 21.68 | 22.22 | 16.75 | 25.74 | 28.42 | 27.35 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.67 | 0.67 | 0.68 | 0.64 | 0.83 | 0.65 | 0.73 | 0.87 | 0.95 | 0.88 |
Cash ROIC |
6.61% | 10.24% | 11.82% | 10.18% | 14.84% | 14.34% | 11.88% | 0.61% | 9.11% | 8.04% |
Accounts Receivable Turnover |
4.22 | 4.65 | 4.65 | 4.49 | 4.16 | 4.48 | 4.99 | 4.89 | 4.80 | 4.56 |
Accounts Payable Turnover |
9.16 | 9.47 | 9.42 | 8.58 | 7.43 | 7.69 | 8.09 | 7.73 | 7.52 | 7.38 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
39.34 | 40.15 | 42.60 | 47.58 | 51.60 | 49.33 | 46.36 | 50.64 | 51.97 | 53.54 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
4,112.73 | 4,008.62 | 4,586.35 | 5,318.20 | 5,726.76 | 6,199.09 | 6,181.15 | 6,534.00 | 7,450.00 | 8,892.50 |
Average Payables |
1,465.28 | 1,510.06 | 1,746.75 | 2,177.96 | 2,564.51 | 2,804.64 | 2,997.67 | 3,320.50 | 3,832.00 | 4,470.00 |
Average Assets |
10,898.77 | 11,249.00 | 12,587.60 | 14,827.00 | 17,118.17 | 20,056.32 | 21,293.25 | 21,530.50 | 23,465.50 | 27,630.00 |
Average Common Equity |
2,908.16 | 3,615.93 | 4,592.26 | 5,641.51 | 6,696.60 | 8,239.60 | 8,982.56 | 8,836.50 | 9,129.50 | 9,192.50 |
Columns are period end dates