CBRE
Cbre Group, Inc.Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $42.2B | $40.55B | $35.77B | $31.95B | $30.83B | $27.75B | $23.83B | $23.89B | $21.34B | $14.21B | $13.07B | $10.86B | $9.05B | $7.18B | $6.51B | $5.91B | $5.12B | |
| — | -$203M | — | — | -$149M | -$69M | -$50.35M | -$67.75M | -$85.75M | — | — | — | — | — | — | — | — | — | |
| — | $34.39B | $32.98B | $28.81B | $25.68B | $24.24B | $21.58B | $19.05B | $18.69B | $16.45B | $78.46M | $78.46M | — | — | — | — | — | — | |
| — | $7.81B | $7.57B | $6.96B | $6.27B | $6.59B | $6.17B | $4.78B | $5.21B | $4.89B | $14.13B | $12.99B | — | — | — | — | — | — | |
| — | — | 18.66% | 19.45% | 19.64% | 21.37% | 22.22% | 20.06% | 21.78% | 22.92% | 99.45% | 99.4% | — | — | — | — | — | — | |
| — | — | $393M | $363M | $321.8M | $348M | $276.5M | $227.1M | $225.7M | $258.7M | $238.7M | $211.7M | $175.3M | $138.1M | $85.4M | $78.6M | $41.9M | — | |
| — | $769M | $729M | $674M | $622M | $613.09M | $525.87M | $501.73M | $439.22M | $451.99M | $406.11M | $366.93M | $314.1M | $265.1M | $190.39M | $169.65M | $115.72M | $108.38M | |
| — | — | — | — | $0 | $117.5M | — | — | $49.57M | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | $26.48M | $26.48M | $4.34M | — | |
| — | $3.48B | — | — | — | — | — | — | — | $3.37B | $2.86B | $2.78B | $2.63B | $2.44B | $2.1B | — | — | — | |
| — | $21.35B | — | — | — | — | — | — | — | $20.27B | $13.16B | $12.27B | $10.03B | $8.32B | $6.58B | $5.93B | $5.46B | $4.68B | |
| — | $1.99B | $1.75B | $1.41B | $1.12B | $1.51B | $1.64B | $969.76M | $1.26B | $1.09B | $1.07B | $815.49M | $835.94M | $792.25M | $616.13M | $585.08M | $462.86M | $446.38M | |
| — | — | 4.32% | 3.95% | 3.5% | 4.9% | 5.9% | 4.07% | 5.27% | 5.1% | 7.54% | 6.24% | 7.7% | 8.75% | 8.58% | 8.98% | 7.84% | 8.73% | |
| — | $2.76B | $2.48B | $2.09B | $1.74B | $2.13B | $2.16B | $1.47B | $1.7B | $1.54B | $1.48B | $1.18B | $1.15B | $1.06B | $806.52M | $754.73M | $578.58M | $554.76M | |
| — | $101.14M | — | — | — | — | — | — | — | $107.27M | $136.81M | $144.85M | $118.88M | $112.04M | $135.08M | $175.07M | $150.25M | $191.15M | |
| — | $6.5M | — | — | — | — | — | — | — | $8.59M | $9.85M | $8.05M | $6.31M | $6.23M | $6.29M | $7.64M | $9.44M | $8.42M | |
| — | $29M | $19M | $39M | $61M | -$11.86M | $203.61M | $17.39M | $28.91M | $93.02M | $9.41M | $4.69M | -$3.81M | $12.18M | $13.52M | $11.09M | -$2.71M | — | |
| — | $15M | $40M | -$19M | $248M | $229M | $618.7M | $126.16M | $160.93M | $324.66M | $210.21M | $197.35M | $162.85M | $101.71M | $64.42M | $60.73M | $104.78M | $26.56M | |
| — | — | — | — | $6M | -$30.48M | $41.98M | $17.39M | $28.91M | -$7.4M | $9.41M | — | — | — | — | — | — | — | |
| — | $1.81B | $1.59B | $1.22B | $1.28B | $1.66B | $2.41B | $969.97M | $1.36B | $1.38B | $1.16B | $880.73M | $879.73M | $777.26M | — | $489.48M | $429.54M | — | |
| — | $377M | $317M | $182M | $250M | $234.23M | $567.51M | $214.1M | $69.9M | $313.06M | $466.15M | $296.66M | $320.85M | $263.76M | $187.19M | $185.32M | $189.1M | $130.37M | |
| — | $1.31B | $1.16B | $968M | $986M | $1.41B | $1.84B | $751.99M | $1.28B | $1.06B | $691.48M | $571.97M | $547.13M | $484.5M | $316.54M | $315.56M | $239.16M | $200.35M | |
| — | — | 2.85% | 2.71% | 3.09% | 4.57% | 6.62% | 3.16% | 5.37% | 4.98% | 4.87% | 4.38% | 5.04% | 5.35% | 4.41% | 4.84% | 4.05% | 3.92% | |
| — | $116M | $120M | $68M | $41M | $16.59M | $5.34M | $3.88M | $9.09M | $2.73M | $6.47M | $12.09M | $11.75M | $29M | $32.26M | -$10.77M | $51.16M | -$44.34M | |
| — | $1.29B | $1.28B | $733M | $1.05B | $1.07B | $1.73B | $902.01M | $1.32B | $897.36M | $929.64M | $266.63M | $385.48M | $306.61M | $335.46M | $308.95M | $175.33M | $220.82M | |
| USD/shares | — | — | $3.88 | $3.16 | $3.20 | $4.36 | $5.48 | $2.24 | $3.82 | $3.13 | $2.05 | $1.71 | $1.64 | $1.47 | $0.96 | $0.98 | $0.75 | $0.64 |
| USD/shares | $7.60 – $7.80 | — | $3.85 | $3.14 | $3.15 | $4.29 | $5.41 | $2.22 | $3.77 | $3.10 | $2.03 | $1.69 | $1.63 | $1.45 | $0.95 | $0.97 | $0.74 | $0.63 |
| shares | — | — | 298.16M | 305.86M | 308.43M | 322.81M | 335.23M | 335.2M | 335.8M | 339.32M | 337.66M | 335.41M | 332.62M | 330.62M | 328.11M | 322.32M | 318.45M | 313.87M |
| shares | — | — | 300.75M | 308.03M | 312.55M | 327.7M | 339.72M | 338.39M | 340.52M | 343.12M | 340.78M | 338.42M | 336.41M | 334.17M | 331.76M | 327.04M | 323.72M | 319.02M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2013–FY2025: $4.85B in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Building Operations Experience | $23,224,000,000 | $20,208,000,000 | $17,807,000,000 | — | — | — | — | — |
| Advisory Services Segment | $8,840,000,000 | $7,729,000,000 | $6,907,000,000 | $9,883,000,000 | $9,575,000,000 | $7,214,562,000 | $8,654,637,000 | — |
| Project Management Segment | $7,657,000,000 | $6,809,000,000 | $6,300,000,000 | — | — | — | — | — |
| Real Estate Investments Segment | $879,000,000 | $1,038,000,000 | $952,000,000 | $1,110,000,000 | $1,092,000,000 | $831,530,000 | $660,622,000 | — |
| Advisory Services | — | — | — | — | — | $7,698,992,000 | $9,069,468,000 | $8,440,002,000 |
| Global Workplace Solutions | — | — | — | — | — | $15,295,673,000 | $14,164,001,000 | $12,365,362,000 |
| Global Workplace Solutions Segment | — | $25,140,000,000 | $22,515,000,000 | $19,851,000,000 | $17,099,000,000 | $15,808,033,000 | $14,601,819,000 | — |
| Global Workspace Solutions | — | — | — | — | — | $15,295,673,000 | $14,164,001,000 | $12,365,362,000 |
| Real Estate Investments | — | — | — | — | — | $831,530,000 | $660,622,000 | $534,724,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $22,848,000,000 | $20,162,000,000 | $17,458,000,000 | $17,464,000,000 | $15,700,000,000 | $13,472,013,000 | $13,852,018,000 | $12,264,188,000 |
| All Other Countries | $11,993,000,000 | $10,637,000,000 | $10,098,000,000 | $9,280,000,000 | $8,428,000,000 | $7,270,372,000 | $7,069,369,000 | $6,489,010,000 |
| United Kingdom | $5,709,000,000 | $4,968,000,000 | $4,393,000,000 | $4,084,000,000 | $3,618,000,000 | $3,083,810,000 | $2,972,704,000 | $2,586,890,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Facilities Management | $20,645,000,000 | $18,232,000,000 | $16,131,000,000 | $15,201,000,000 | $14,167,000,000 | $13,484,692,000 | $12,283,868,000 | — |
| Project Management | $7,657,000,000 | $6,809,000,000 | $6,300,000,000 | $4,650,000,000 | $2,932,000,000 | $2,323,341,000 | $2,317,951,000 | — |
| Advisory Leasing | $4,497,000,000 | $3,895,000,000 | $3,468,000,000 | $3,875,000,000 | $3,308,000,000 | $2,458,118,000 | $3,374,767,000 | $3,080,117,000 |
| Property Management | $2,529,000,000 | $1,959,000,000 | $1,659,000,000 | $1,830,000,000 | $1,717,000,000 | $1,632,937,000 | $1,678,565,000 | — |
| Advisory Sales | $2,120,000,000 | $1,767,000,000 | $1,606,000,000 | $2,523,000,000 | $2,790,000,000 | $1,663,959,000 | $2,164,676,000 | $1,980,932,000 |
| Valuation | $815,000,000 | $751,000,000 | $716,000,000 | $765,000,000 | $733,000,000 | $614,157,000 | $630,943,000 | $598,806,000 |
| Investment Management Property Management Brokerage And Other Professional Services | $602,000,000 | $650,000,000 | $592,000,000 | $595,000,000 | $556,000,000 | $474,939,000 | $424,882,000 | $434,405,000 |
| Bank Servicing | $357,000,000 | $329,000,000 | $315,000,000 | $309,000,000 | $288,000,000 | $212,900,000 | $191,800,000 | $167,500,000 |
| Other Portfolio Services | $354,000,000 | $389,000,000 | $376,000,000 | — | — | — | — | — |
| Real Estate Development Services | $266,000,000 | $373,000,000 | $345,000,000 | $404,000,000 | $390,000,000 | $341,387,000 | $213,264,000 | $100,319,000 |
| Commercial Mortgage Origination | $251,000,000 | $196,000,000 | $138,000,000 | $274,000,000 | $314,000,000 | $130,897,000 | $154,227,000 | $136,534,000 |
| Loan Servicing | $164,000,000 | $160,000,000 | $174,000,000 | $57,000,000 | $43,000,000 | $45,692,000 | $30,943,000 | $24,192,000 |
| Global Workplace Solutions | — | — | — | — | — | $15,295,673,000 | $14,164,001,000 | $12,365,362,000 |
| Property and Advisory Project Management | — | — | — | — | — | $2,204,263,000 | $2,255,398,000 | $2,057,433,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Advisory Services Segment | $1,834,000,000 | $1,502,000,000 | $1,226,000,000 | $1,910,000,000 | $2,063,000,000 | $1,347,826,000 | $1,690,959,000 |
| Building Operations Experience | $1,094,000,000 | $894,000,000 | $715,000,000 | — | — | — | — |
| Project Management Segment | $561,000,000 | $500,000,000 | $429,000,000 | — | — | — | — |
| Real Estate Investments Segment | $324,000,000 | $261,000,000 | $239,000,000 | $518,000,000 | $520,000,000 | $257,700,000 | $209,666,000 |
| Global Workplace Solutions Segment | — | $1,201,000,000 | $1,006,000,000 | $899,000,000 | $708,000,000 | $575,299,000 | $475,767,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Building Operations Experience | 4.7% | 4.4% | 4% | — | — | — | — |
| Advisory Services Segment | 20.7% | 19.4% | 17.8% | 19.3% | 21.5% | 18.7% | 19.5% |
| Project Management Segment | 7.3% | 7.3% | 6.8% | — | — | — | — |
| Real Estate Investments Segment | 36.9% | 25.1% | 25.1% | 46.7% | 47.6% | 31% | 31.7% |
| Global Workplace Solutions Segment | — | 4.8% | 4.5% | 4.5% | 4.1% | 3.6% | 3.3% |