CBRE Group, Inc.
Financial Performance
CBRE Revenue & Financials
Revenue
$40.5B (FY2025)
Market Cap
$40.4B
Employees
155,000
What is CBRE's revenue?
CBRE had $40.5B in revenue for fiscal year 2025, up 13.4% from 2024.
- Latest revenue
- $40.5B (FY2025)
- Year-over-year
- +13.4%
- Growth rate (CAGR)
- 9.9% over 9 years
- Peak revenue
- $40.5B (FY2025)
- Years of data
- 10
- Employees
- 155,000
- What is CBRE's operating income?
- CBRE reported operating income of $1.8B for fiscal year 2025. sec.gov
- How many employees does CBRE have?
- CBRE has about 155,000 employees.
Financial Analysis
CBRE generated $40.55 billion of revenue in 2025, up 13% from $35.77 billion in 2024, with GAAP EPS of $3.85, Core EPS of $6.38 (up 25%), and roughly $1.7 billion of free cash flow. Net income attributable to CBRE was about $1.16 billion. Momentum continued in 2026: Q2 2026 revenue rose 16% to $11.23 billion and Core EPS rose 30% to $1.56, while GAAP net income dipped to $204 million because of a $168 million U.K. fire-safety remediation charge. Management raised 2026 Core EPS guidance to $7.80-$7.90, about 23% growth at the midpoint. CBRE does not pay a regular dividend and returns capital mainly through acquisitions and share buybacks.
Revenue Trend Analysis
YoY Change
+13.4%
9-Year CAGR
+9.9%
Peak Year
2025
Trend
Consistent Growth
CBRE Group, Inc. has 10 full fiscal year figures on this page, compounding at +9.9% annually over 9 years. The most recent year saw a 13.4% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $40.5B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2025 | $40.5B | $1.8Bfiling | — | +13.4% | data.sec.gov Record revenue of $40.55 billion, up 13%, with both resilient (contract) and transactional businesses growing more than 13%; Core EPS was $6.38. |
| FY2024 | $35.8B | $1.4Bfiling | — | +12.0% | data.sec.gov Revenue increased to $35.767 billion, before a larger step-up in 2025. |
| FY2023 | $31.9B | $1.1Bfiling | — | +3.6% | data.sec.gov Revenue rose to $31.949 billion as outsourcing and workplace services helped offset softer real estate transaction conditions. |
| FY2022 | $30.8B | $1.5Bfiling | — | +11.1% | data.sec.gov Revenue was $30.828 billion, with the business still balancing transaction services and outsourcing growth. |
| FY2021 | $27.7B | $1.6B | $1.8B | +16.5% | CBRE Group, Inc. annual report (Form 10-K, SEC EDGAR, filed 2024-02-20) Fiscal year ended 2021-12-31. |
| FY2020 | $23.8B | $969.8M | $752M | -0.3% | CBRE Group, Inc. annual report (Form 10-K, SEC EDGAR, filed 2023-02-27) Fiscal year ended 2020-12-31. |
| FY2019 | $23.9B | $1.3B | $1.3B | +12.0% | CBRE Group, Inc. annual report (Form 10-K, SEC EDGAR, filed 2022-03-01) Fiscal year ended 2019-12-31. |
| FY2018 | $21.3B | $1.1B | $1.1B | +14.6% | CBRE Group, Inc. annual report (Form 10-K, SEC EDGAR, filed 2021-02-24) Fiscal year ended 2018-12-31. |
| FY2017 | $18.6B | $1.1Bfiling | $697.1M | +7.3% | CBRE GROUP, INC. annual report (SEC EDGAR, filed 2019-03-01) Fiscal year ended 2017-12-31. Figure as presented in the annual report filed 2019-03-01. |
| FY2016 | $17.4B | $816.8M | $573.1M | — | CBRE GROUP, INC. annual report (SEC EDGAR, filed 2019-03-01) Fiscal year ended 2016-12-31. Figure as presented in the annual report filed 2019-03-01. |
Click any row to see year details.
CBRE Group, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $1.6B | — | $30.9B | $21.3B | $8.9B | — | Form 10-K |
| FY2024ended Dec 31, 2024 | $1.7B | — | $24.4B | $15.2B | $8.4B | — | Form 10-K |
| FY2023ended Dec 31, 2023 | $480M | — | $22.5B | $13.5B | $8.3B | — | Form 10-K |
| FY2022ended Dec 31, 2022 | $1.6B | $260.1M | $20.5B | $11.9B | $7.9B | $1.4B | Form 10-K |
| FY2021ended Dec 31, 2021 | $2.4B | $209.9M | $22.1B | $12.7B | $8.5B | $2.2B | Form 10-K |
| FY2020ended Dec 31, 2020 | $1.8B | $266.6M | $18B | $10.5B | $7.1B | $1.6B | Form 10-K |
| FY2019ended Dec 31, 2019 | $1.2B | $293.5M | $16.2B | $9.9B | $6.2B | $929.9M | Form 10-K |
| FY2018ended Dec 31, 2018 | $1.1B | $227.8M | $13.5B | $8.4B | $4.9B | $903.4M | Form 10-K |
| FY2017ended Dec 31, 2017 | $894.4M | $178M | $11.7B | $7.5B | $4.1B | $716.4M | Form 10-K |
| FY2016ended Dec 31, 2016 | $617M | $191.2M | $10.8B | $7.7B | $3B | $425.8M | Form 10-K |
Keep researching CBRE
CBRE Revenue and Financial FAQ
What was CBRE's total annual revenue in recent fiscal years?
CBRE Group, Inc. reported revenue of $40.5 billion for fiscal year 2025, up from $35.8 billion in fiscal 2024.
What were CBRE's 2025 earnings?
CBRE reported 2025 GAAP EPS of $3.85 and Core EPS of $6.38, up 25%. Net income attributable to CBRE was about $1.16 billion.
How much free cash flow does CBRE generate?
CBRE generated about $1.6 billion of operating cash flow and about $1.7 billion of free cash flow in 2025.
What were CBRE's Q2 2026 results?
Q2 2026 revenue rose 16% to $11.23 billion, Core EPS rose 30% to $1.56, and Core EBITDA rose 34% to $836 million. GAAP net income fell to $204 million because of a $168 million U.K. fire-safety remediation reserve.
Does CBRE pay a dividend?
No. CBRE does not pay a regular cash dividend; it returns capital through share repurchases and invests in acquisitions.
What is CBRE's market capitalization?
CBRE's market capitalization was about $40.4 billion in late September 2026.
What is CBRE's 2026 guidance?
In July 2026 CBRE raised its 2026 Core EPS outlook to $7.80-$7.90, about 23% growth at the midpoint, up from $7.60-$7.80.
Is CBRE profitable?
Yes, despite severe volatility in the commercial real estate market, CBRE remains highly profitable because a massive portion of its revenue comes from stable, multi-year property management contracts rather than just volatile transaction commissions.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "CBRE Revenue & Financials." CorpDigest, https://corpdigest.com/company/cbre/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>CBRE reported $40.5B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/cbre/financials" target="_blank" rel="noopener">CorpDigest — CBRE financials</a></div>Related Financial Audits
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