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