analyzeportfolio
NYSE · Real Estate

CBRE GROUP, INC. (CBRE)

As-reported financials and SEC filings for CBRE GROUP, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About CBRE GROUP, INC.

CBRE Group, Inc. is a global commercial real estate services and investment firm operating in over 100 countries. It provides a range of services including advisory services such as leasing and capital markets, building operations and workplace experience management, project management through its subsidiary Turner & Townsend, and real estate investments including investment management and development. CBRE serves large occupiers, investors, institutional clients, and government entities across various property types including offices, industrial, retail, data centers, and flexible workplaces.

Snapshot

Revenue
$39.90B
Revenue growth (YoY)
13.4%
Net income
$1.16B
Diluted EPS
$3.85
Gross margin
17.3%
Operating margin
4.4%
Net margin
2.9%
FCF margin
3.0%
ROE
12.6%
net income / fiscal-year-end equity
P/E
33.4×
trailing when available, otherwise FY EPS
Market cap
$41.83B
Long-term debt / equity
0.55×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Cbre Group

  • Revenue grew 13.4% to $39.9B in FY2025, in line with the 11.7% the year before.
  • Operating margin is 4.4% in FY2025, -1.7 pp against 6.1% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $11.1B, up 15.8% from Q2 FY2025.
  • Free cash flow was $1.2B in FY2025, 3.0% of revenue.
  • Net income rose 19.5% to $1.2B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Cbre Group’s fundamentals sit among the 226 Real Estate companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin17.3%
28th percentile of 44
Operating margin4.4%
28th percentile of 122
Net margin2.9%
40th percentile of 211
FCF margin3.0%
45th percentile of 57
Revenue growth (YoY)+13.4%
82nd percentile of 221
ROE12.6%
90th percentile of 195
P/E33.4×
61st percentile of 137
Long-term debt / equity0.55×
21st percentile of 128
Short interest3.05d
27th percentile of 211

Cbre Group’s return on equity of 12.6% ranks in the 90th percentile of the 195 Real Estate companies reporting it.

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $767,363. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+7 quant / multi-strat
Initiated / added
9
3 new, 6 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$2.44B
reported long value
InvestorAs ofPosition valueSharesChange
Harris Associates (Oakmark)Q2 2026$810.0M6.0MReduced
Millennium ManagementquantQ2 2026$452.7M3.4MReduced
Citadel AdvisorsquantQ2 2026$343.8M2.6MAdded
AQR Capital ManagementquantQ2 2026$300.0M2.2MAdded
D. E. ShawquantQ2 2026$278.0M2.1MAdded
ValueAct CapitalQ2 2026$133.7M992.4KAdded
Point72 Asset ManagementquantQ2 2026$58.4M433.8KAdded
Gotham Asset ManagementQ2 2026$28.5M211.7KAdded
Renaissance TechnologiesquantQ2 2026$27.2M202.3KNew
Bridgewater AssociatesQ2 2026$5.6M41.4KNew
Two Sigma InvestmentsquantQ2 2026$1.7M12.9KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$767K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-13
filed 2026-08-14
Giamartino Emma E.CFO & Chief Investment OfficerSell2.3K$148.29$334K
2026-08-13
filed 2026-08-14
Doellinger Chad JChief Legal & Admin. OfficerSell228$148.29$34K
2026-07-29
filed 2026-07-31
Kohli VikramadityaCOO & CEO, Advisory ServicesSell2.7K$150.00$400K
2026-05-15
filed 2026-05-18
Giamartino Emma E.CFO & Chief Investment OfficerSell2.3K$130.74$294K
2026-05-05
Doellinger Chad JChief Legal & Admin. OfficerSell107$140.35$15K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.3M
settled 2026-08-14
Change vs prior
-10.6%
vs previous settlement
Days to cover
3.05
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-144.3M-10.6%3.05
2026-07-314.8M-10.3%2.50
2026-07-155.4M-2.6%3.36
2026-06-305.5M-7.2%2.29
2026-06-156.0M+10.1%2.72
2026-05-295.4M+36.0%1.63
2026-05-154.0M+12.2%1.94
2026-04-303.5M-1.1%1.64

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$39.90B$35.18B$31.50B$30.17B$26.95B
Gross profit$6.92B$6.37B$5.83B$5.93B$5.37B
Operating income$1.75B$1.41B$1.12B$1.51B$1.64B
Net income$1.16B$968.0M$986.0M$1.41B$1.84B
Diluted EPS$3.85$3.14$3.15$4.29$5.41

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.86B$1.11B$1.26B$1.32B$2.43B
Current assets$13.49B$9.97B$9.67B$8.53B$10.08B
Total assets$30.88B$24.38B$22.55B$20.51B$22.07B
Current liabilities$12.32B$9.29B$8.24B$8.24B$8.42B
Long-term debt$5.05B$3.25B$2.80B$1.09B$1.54B
Total liabilities$21.25B$15.19B$13.48B$11.91B$12.71B
Total equity$9.19B$9.19B$9.07B$8.61B$9.36B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.56B$1.71B$480.0M$1.63B$2.36B
Capital expenditure$366.0M$307.0M$305.0M$260.0M$210.0M
Free cash flow$1.19B$1.40B$175.0M$1.37B$2.15B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$11.11B15.8%$204.0M$0.69
Q1 FY2026$10.42B18.8%$318.0M$1.07
Q4 FY2025$11.42B12.0%$416.0M$1.39
Q3 FY2025$10.10B14.0%$363.0M$1.21
Q2 FY2025$9.60B16.2%$215.0M$0.72
Q1 FY2025$8.78B12.2%$163.0M$0.54
Q4 FY2024$10.20B14.9%$487.0M$1.58
Q3 FY2024$8.86B14.6%$225.0M$0.73

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorReal Estate
SIC industryReal Estate
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK1138118

Selected SEC filings

10-K2026-02-12
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
10-Q2026-04-23
View on EDGAR →
10-Q2025-10-23
View on EDGAR →
10-Q2025-07-29
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-23
View on EDGAR →

Largest Real Estate peers

All Real Estate companies →

Monitor CBRE

Get an alert when Cbre Group files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor CBRE free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.