Friday 6 November 2026
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Colliers International Group Inc.
CIGI Real Estate Real Estate Services
Colliers International Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.6 billion, up 15.3% from fiscal 2024.
- Revenue
- +16.7%
- EPS
- +600.0%
- Free cash flow
- +285.1%
- Total debt
- +44.0%
Quarter to June 2026, against a year earlier
95.48
0.54
−0.56%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1,897 | 2,435 | 2,825 | 3,046 | 2,787 | 4,089 | 4,459 | 4,335 | 4,822 | 5,558 | 5,956 | +12.7% | 6,412 | 6,942 | 7,201 | +9.0% | |
| Gross margin, % | 37.80 | 34.88 | 35.67 | 35.66 | 37.53 | 38.38 | 38.35 | 40.10 | 39.86 | 40.05 | 40.01 | +2.3 pt | ||||||
| EBT | 139 | 156 | 182 | 191 | 137 | (152) | 290 | 213 | 311 | 305 | 297 | +9.1% | ||||||
| EBT margin, % | 7.35 | 6.41 | 6.44 | 6.26 | 4.90 | (3.72) | 6.49 | 4.91 | 6.45 | 5.48 | 4.99 | (1.9) pt | ||||||
| Net income | 92 | 94 | 129 | 138 | 94 | (238) | 195 | 145 | 237 | 225 | 212 | +10.5% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 49.14 | 62.71 | 72.16 | 77.01 | 69.70 | 95.27 | 102.73 | 94.90 | 96.64 | 109.45 | 116.54 | +9.3% | |||||
| Earnings | 1.76 | 1.27 | 2.49 | 2.60 | 1.23 | (9.09) | 1.07 | 1.43 | 3.24 | 2.03 | 2.12 | +1.6% | ||||||
| Cash flow | 4.05 | 5.48 | 6.58 | 7.86 | 4.16 | 6.73 | 1.54 | 3.63 | 6.53 | 6.50 | 6.31 | +5.4% | ||||||
| Capex | (0.65) | (1.02) | (0.91) | (1.12) | (1.01) | (1.35) | (1.56) | (1.85) | (1.30) | (1.55) | (1.90) | +10.2% | ||||||
| Free cash flow | 3.40 | 4.47 | 5.67 | 6.74 | 3.15 | 5.38 | (0.01) | 1.78 | 5.23 | 4.95 | 4.40 | +4.3% | ||||||
| Book value | 5.51 | 7.80 | 10.01 | 13.08 | 14.66 | 13.64 | 11.37 | 18.62 | 26.57 | 30.22 | 30.23 | +20.8% | ||||||
| Shares, m | 39 | 39 | 39 | 40 | 40 | 43 | 43 | 46 | 50 | 51 | 51 | +3.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 20.77 | 48.11 | 22.10 | 29.99 | 72.46 | 0.00 | 85.71 | 92.05 | 42.23 | 72.42 | 45.35 | 48.6 | |||||
| P/S | 0.74 | 0.97 | 0.76 | 1.01 | 1.28 | 1.55 | 0.90 | 1.29 | 1.41 | 1.34 | 0.83 | 1.1 | ||||||
| P/B | 6.64 | 7.83 | 5.50 | 5.96 | 6.08 | 10.79 | 8.14 | 6.58 | 5.12 | 4.87 | 3.18 | 6.8 | ||||||
| EV/Sales | 0.82 | 1.03 | 0.96 | 1.18 | 1.47 | 1.63 | 1.23 | 1.59 | 1.67 | 1.59 | 1.19 | 1.3 | ||||||
| EV/FCF | 11.89 | 14.50 | 12.17 | 13.43 | 32.43 | 28.78 | (8,438.40) | 84.74 | 30.95 | 35.17 | 31.55 | (817.4) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 156 | 213 | 257 | 311 | 166 | 289 | 67 | 166 | 326 | 330 | 322 | +8.7% | |||||
| Capex | (25) | (39) | (36) | (44) | (40) | (58) | (68) | (85) | (65) | (79) | (97) | +13.6% | ||||||
| Free cash flow | 131 | 173 | 222 | 267 | 126 | 231 | (1) | 81 | 261 | 251 | 225 | +7.5% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (4) | (60) | (41) | (206) | (72) | 34 | (128) | 33 | 91 | 167 | 342 | n/m | |||||
| Net debt | 149 | 141 | 545 | 496 | 526 | 331 | 1,467 | 1,284 | 1,290 | 1,377 | 2,187 | +28.0% | ||||||
| Shareholders’ equity | 213 | 303 | 392 | 517 | 586 | 585 | 493 | 850 | 1,326 | 1,534 | 1,545 | +24.6% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 5.95 | 3.81 | 5.05 | 3.92 | 1.59 | (10.89) | 1.03 | 1.24 | 2.79 | 1.60 | 1.50 | (4.3) pt | |||||
| ROIC | 25.25 | 23.54 | 13.43 | 13.45 | 9.25 | (8.97) | 10.60 | 8.81 | 9.30 | 7.96 | 6.26 | (17.3) pt | ||||||
| ROE | 37.55 | 19.93 | 28.10 | 22.63 | 8.89 | (66.65) | 8.58 | 9.75 | 14.86 | 7.21 | 7.36 | (30.3) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 11,395 | 12,000 | 13,927 | 15,250 | 15,370 | 16,780 | 18,450 | 19,230 | 22,940 | 23,660 | — | +8.5% | |||||
| Revenue/emp, $m | 0.17 | 0.20 | 0.20 | 0.20 | 0.18 | 0.24 | 0.24 | 0.23 | 0.21 | 0.23 | — | +3.9% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Colliers International Group Inc. vs peers in Real Estate Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| JLL Jones Lang LaSalle Incorporated | $17.1B | 15.9× | 14.5× | +11.84% (above 0%: growing) | +47.98% (above 0%: growing) | −2.03% (below 0%: shrinking) | 54.81% | 5.37% | Compare |
| CSGP CoStar Group, Inc. | $12.9B | 72.8× | 52.1× | +14.15% (above 0%: growing) | n/m | +541.67% (above 0%: growing) | 77.84% | 8.82% | Compare |
| COMP Compass, Inc. | $7.1B | 131× | 200× | +109.03% (above 0%: growing) | +71.43% (above 0%: growing) | +164.71% (above 0%: growing) | 100.00% | 2.88% | Compare |
| FSV FirstService Corporation | $6.4B | 46.9× | 43.6× | +5.81% (above 0%: growing) | −20.80% (below 0%: shrinking) | −39.90% (below 0%: shrinking) | 32.46% | 7.01% | Compare |
| CIGI Colliers International Group Inc. | $4.9B | 45.4× | 36.5× | +16.68% (above 0%: growing) | +600.00% (above 0%: growing) | +285.13% (above 0%: growing) | 40.39% | 6.26% | |
| CWK Cushman & Wakefield PLC | $3.3B | 48.9× | 12.4× | +7.75% (above 0%: growing) | +0.91% (above 0%: growing) | −21.73% (below 0%: shrinking) | 17.32% | 4.63% | Compare |
| IHS IHS Holding Limited | $2.9B | 20.1× | 11.9× | +10.41% (above 0%: growing) | n/m | −41.30% (below 0%: shrinking) | 48.32% | 19.32% | Compare |
| NMRK Newmark Group, Inc. | $2.2B | 14.4× | 14.6× | +17.03% (above 0%: growing) | −8.33% (below 0%: shrinking) | +188.46% (above 0%: growing) | 100.00% | 4.55% | Compare |
| OPEN Opendoor Technologies Inc. | $1.7B | — (loss-making) | — (loss-making) | +11.69% (above 0%: growing) | n/m | −293.52% (below 0%: shrinking) | 3.72% | (18.30%) | Compare |
| Median of peers | $4.9B | 46.9× | 14.6× | +11.77% | +0.91% | −11.88% | 51.57% | 5.00% |
Colliers International Group Inc. (CIGI) Latest News
4 Nov
28 Oct
22 Oct
28 Sep
25 Sep
CIGI metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score