C

CBRE GROUP, INC.

CBRE · CIK 0001138118

18 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$39.90B13.4%
FY2025
Net income (FY)
$1.16B19.5%
FY2025
Free cash flow (FY)
$1.19B14.8%
FY2025
Diluted EPS (FY)
$3.8522.6%
FY2025
The story, charted

The shape of the business

FY2008–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20B$40BFY2008 · Revenue $5.13B · Net income −$1.01B · 0001193125-11-051618 · filed 2011-03-01FY08Revenue $5.13BNet income −$1.01B0001193125-11-051618 · filed 2011-03-01FY2009 · Revenue $4.17B · Net income $33.3M · 0001193125-12-089257 · filed 2012-02-29FY09Revenue $4.17BNet income $33.3M0001193125-12-089257 · filed 2012-02-29FY2010 · Revenue $5.12B · Net income $200.3M · 0001193125-13-087299 · filed 2013-03-01FY10Revenue $5.12BNet income $200.3M0001193125-13-087299 · filed 2013-03-01FY2011 · Revenue $5.91B · Net income $239.2M · 0001193125-14-080228 · filed 2014-03-03FY11Revenue $5.91BNet income $239.2M0001193125-14-080228 · filed 2014-03-03FY2012 · Revenue $6.51B · Net income $315.6M · 0001193125-15-073030 · filed 2015-03-02FY12Revenue $6.51BNet income $315.6M0001193125-15-073030 · filed 2015-03-02FY2013 · Revenue $7.18B · Net income $316.5M · 0001193125-16-484680 · filed 2016-02-29FY13Revenue $7.18BNet income $316.5M0001193125-16-484680 · filed 2016-02-29FY2014 · Revenue $9.05B · Net income $484.5M · 0001193125-17-064772 · filed 2017-03-01FY14Revenue $9.05BNet income $484.5M0001193125-17-064772 · filed 2017-03-01FY2015 · Revenue $10.86B · Net income $547.1M · 0001564590-18-003991 · filed 2018-03-01FY15Revenue $10.86BNet income $547.1M0001564590-18-003991 · filed 2018-03-01FY2016 · Revenue $16.83B · Net income $573.1M · 0001564590-19-005666 · filed 2019-03-01FY16Revenue $16.83BNet income $573.1M0001564590-19-005666 · filed 2019-03-01FY2017 · Revenue $18.15B · Net income $697.1M · 0001564590-20-008056 · filed 2020-03-02FY17Revenue $18.15BNet income $697.1M0001564590-20-008056 · filed 2020-03-02FY2018 · Revenue $20.78B · Net income $1.06B · 0001138118-21-000012 · filed 2021-02-24FY18Revenue $20.78BNet income $1.06B0001138118-21-000012 · filed 2021-02-24FY2019 · Revenue $23.27B · Net income $1.28B · 0001138118-22-000010 · filed 2022-03-01FY19Revenue $23.27BNet income $1.28B0001138118-22-000010 · filed 2022-03-01FY2020 · Revenue $23.17B · Net income $752.0M · 0001138118-23-000009 · filed 2023-02-27FY20Revenue $23.17BNet income $752.0M0001138118-23-000009 · filed 2023-02-27FY2021 · Revenue $26.95B · Net income $1.84B · 0001138118-24-000006 · filed 2024-02-20FY21Revenue $26.95BNet income $1.84B0001138118-24-000006 · filed 2024-02-20FY2022 · Revenue $30.17B · Net income $1.41B · 0001138118-25-000005 · filed 2025-02-14FY22Revenue $30.17BNet income $1.41B0001138118-25-000005 · filed 2025-02-14FY2023 · Revenue $31.50B · Net income $986.0M · 0001138118-26-000005 · filed 2026-02-12FY23Revenue $31.50BNet income $986.0M0001138118-26-000005 · filed 2026-02-12FY2024 · Revenue $35.18B · Net income $968.0M · 0001138118-26-000005 · filed 2026-02-12FY24Revenue $35.18BNet income $968.0M0001138118-26-000005 · filed 2026-02-12FY2025 · Revenue $39.90B · Net income $1.16B · 0001138118-26-000005 · filed 2026-02-12FY25Revenue $39.90BNet income $1.16B0001138118-26-000005 · filed 2026-02-12FY25Revenue $39.90BNet income $1.16B0001138118-26-000005 · filed 2026-02-12FY09FY11FY13FY15FY17FY19FY21FY23FY25

revenue 7.8× since FY2008 · net margin -19.7% → 2.9%

MarginsNet marginFCF margin
-20%-10%0%10%FY2008 · Net margin -19.7% · FCF margin -3.5%FY08Net margin -19.7%FCF margin -3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 0.8% · FCF margin 4.5%FY09Net margin 0.8%FCF margin 4.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 3.9% · FCF margin 10.7%FY10Net margin 3.9%FCF margin 10.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 4.0% · FCF margin 3.6%FY11Net margin 4.0%FCF margin 3.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 4.8% · FCF margin 2.2%FY12Net margin 4.8%FCF margin 2.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 4.4% · FCF margin 8.2%FY13Net margin 4.4%FCF margin 8.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 5.4% · FCF margin 5.4%FY14Net margin 5.4%FCF margin 5.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 5.0% · FCF margin 4.7%FY15Net margin 5.0%FCF margin 4.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 3.4% · FCF margin 2.5%FY16Net margin 3.4%FCF margin 2.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 3.8% · FCF margin 3.9%FY17Net margin 3.8%FCF margin 3.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 5.1% · FCF margin 4.3%FY18Net margin 5.1%FCF margin 4.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 5.5% · FCF margin 4.0%FY19Net margin 5.5%FCF margin 4.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 3.2% · FCF margin 6.8%FY20Net margin 3.2%FCF margin 6.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 6.8% · FCF margin 8.0%FY21Net margin 6.8%FCF margin 8.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 4.7% · FCF margin 4.5%FY22Net margin 4.7%FCF margin 4.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 3.1% · FCF margin 0.6%FY23Net margin 3.1%FCF margin 0.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 2.8% · FCF margin 4.0%FY24Net margin 2.8%FCF margin 4.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 2.9% · FCF margin 3.0%FY25Net margin 2.9%FCF margin 3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 2.9%FCF margin 3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 2.9% · free cash flow 3.0% of revenue

Cash engineOperating cash flowFree cash flow
$0$1B$2BFY2008 · OCF −$130.4M · FCF −$181.8M · 0001193125-11-051618 · filed 2011-03-01FY08OCF −$130.4MFCF −$181.8M0001193125-11-051618 · filed 2011-03-01FY2009 · OCF $213.6M · FCF $185.4M · 0001193125-12-089257 · filed 2012-02-29FY09OCF $213.6MFCF $185.4M0001193125-12-089257 · filed 2012-02-29FY2010 · OCF $616.6M · FCF $548.1M · 0001193125-13-087299 · filed 2013-03-01FY10OCF $616.6MFCF $548.1M0001193125-13-087299 · filed 2013-03-01FY2011 · OCF $361.2M · FCF $213.2M · 0001193125-14-080228 · filed 2014-03-03FY11OCF $361.2MFCF $213.2M0001193125-14-080228 · filed 2014-03-03FY2012 · OCF $291.1M · FCF $140.8M · 0001193125-14-080228 · filed 2014-03-03FY12OCF $291.1MFCF $140.8M0001193125-14-080228 · filed 2014-03-03FY2013 · OCF $745.1M · FCF $588.8M · 0001193125-14-080228 · filed 2014-03-03FY13OCF $745.1MFCF $588.8M0001193125-14-080228 · filed 2014-03-03FY2014 · OCF $661.8M · FCF $490.5M · 0001193125-17-064772 · filed 2017-03-01FY14OCF $661.8MFCF $490.5M0001193125-17-064772 · filed 2017-03-01FY2015 · OCF $651.9M · FCF $512.4M · 0001564590-18-003991 · filed 2018-03-01FY15OCF $651.9MFCF $512.4M0001564590-18-003991 · filed 2018-03-01FY2016 · OCF $617.0M · FCF $425.8M · 0001564590-19-005666 · filed 2019-03-01FY16OCF $617.0MFCF $425.8M0001564590-19-005666 · filed 2019-03-01FY2017 · OCF $894.4M · FCF $716.4M · 0001564590-20-008056 · filed 2020-03-02FY17OCF $894.4MFCF $716.4M0001564590-20-008056 · filed 2020-03-02FY2018 · OCF $1.13B · FCF $903.4M · 0001138118-21-000012 · filed 2021-02-24FY18OCF $1.13BFCF $903.4M0001138118-21-000012 · filed 2021-02-24FY2019 · OCF $1.22B · FCF $929.9M · 0001138118-22-000010 · filed 2022-03-01FY19OCF $1.22BFCF $929.9M0001138118-22-000010 · filed 2022-03-01FY2020 · OCF $1.83B · FCF $1.56B · 0001138118-23-000009 · filed 2023-02-27FY20OCF $1.83BFCF $1.56B0001138118-23-000009 · filed 2023-02-27FY2021 · OCF $2.36B · FCF $2.15B · 0001138118-24-000006 · filed 2024-02-20FY21OCF $2.36BFCF $2.15B0001138118-24-000006 · filed 2024-02-20FY2022 · OCF $1.63B · FCF $1.37B · 0001138118-25-000005 · filed 2025-02-14FY22OCF $1.63BFCF $1.37B0001138118-25-000005 · filed 2025-02-14FY2023 · OCF $480.0M · FCF $175.0M · 0001138118-26-000005 · filed 2026-02-12FY23OCF $480.0MFCF $175.0M0001138118-26-000005 · filed 2026-02-12FY2024 · OCF $1.71B · FCF $1.40B · 0001138118-26-000005 · filed 2026-02-12FY24OCF $1.71BFCF $1.40B0001138118-26-000005 · filed 2026-02-12FY2025 · OCF $1.56B · FCF $1.19B · 0001138118-26-000005 · filed 2026-02-12FY25OCF $1.56BFCF $1.19B0001138118-26-000005 · filed 2026-02-12FY25OCF $1.56BFCF $1.19B0001138118-26-000005 · filed 2026-02-12’09’13’17’21’25

FY2025: $1.56B operating cash − $366.0M capex = $1.19B free cash flow

Returns on capitalReturn on equityReturn on assets
0%10%20%FY2009 · ROE 5.3% · ROA 0.7%FY09ROE 5.3%ROA 0.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 22.1% · ROA 3.9%FY10ROE 22.1%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 20.8% · ROA 3.3%FY11ROE 20.8%ROA 3.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 20.5% · ROA 4.0%FY12ROE 20.5%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 16.7% · ROA 4.5%FY13ROE 16.7%ROA 4.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 21.4% · ROA 6.4%FY14ROE 21.4%ROA 6.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 20.2% · ROA 5.0%FY15ROE 20.2%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 19.0% · ROA 5.3%FY16ROE 19.0%ROA 5.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 16.9% · ROA 5.9%FY17ROE 16.9%ROA 5.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 21.5% · ROA 7.9%FY18ROE 21.5%ROA 7.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 20.6% · ROA 7.9%FY19ROE 20.6%ROA 7.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 10.6% · ROA 4.2%FY20ROE 10.6%ROA 4.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 21.5% · ROA 8.3%FY21ROE 21.5%ROA 8.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 17.9% · ROA 6.9%FY22ROE 17.9%ROA 6.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 11.9% · ROA 4.4%FY23ROE 11.9%ROA 4.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 11.5% · ROA 4.0%FY24ROE 11.5%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 13.0% · ROA 3.7%FY25ROE 13.0%ROA 3.7%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 13.0%ROA 3.7%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 5% (FY2009) → 13% (FY2025) · on assets 3.7%

Balance sheetLiabilitiesEquity
$0$10B$20B$30BFY2009 · Liabilities $4.26B · Equity $629.1MFY09Liabilities $4.26BEquity $629.1M0001193125-11-051618 · filed 2011-03-01FY2010 · Liabilities $4.06B · Equity $908.2MFY10Liabilities $4.06BEquity $908.2M0001193125-12-089257 · filed 2012-02-29FY2011 · Liabilities $5.80B · Equity $1.15BFY11Liabilities $5.80BEquity $1.15B0001193125-13-087299 · filed 2013-03-01FY2012 · Liabilities $6.13B · Equity $1.54BFY12Liabilities $6.13BEquity $1.54B0001193125-14-080228 · filed 2014-03-03FY2013 · Liabilities $5.06B · Equity $1.90BFY13Liabilities $5.06BEquity $1.90B0001193125-15-073030 · filed 2015-03-02FY2014 · Liabilities $5.27B · Equity $2.26BFY14Liabilities $5.27BEquity $2.26B0001193125-16-484680 · filed 2016-02-29FY2015 · Liabilities $8.26B · Equity $2.71BFY15Liabilities $8.26BEquity $2.71B0001193125-17-064772 · filed 2017-03-01FY2016 · Liabilities $7.72B · Equity $3.01BFY16Liabilities $7.72BEquity $3.01B0001564590-18-003991 · filed 2018-03-01FY2017 · Liabilities $7.54B · Equity $4.11BFY17Liabilities $7.54BEquity $4.11B0001564590-19-005666 · filed 2019-03-01FY2018 · Liabilities $8.45B · Equity $4.94BFY18Liabilities $8.45BEquity $4.94B0001564590-20-008056 · filed 2020-03-02FY2019 · Liabilities $9.92B · Equity $6.23BFY19Liabilities $9.92BEquity $6.23B0001138118-21-000012 · filed 2021-02-24FY2020 · Liabilities $10.53B · Equity $7.08BFY20Liabilities $10.53BEquity $7.08B0001138118-22-000010 · filed 2022-03-01FY2021 · Liabilities $12.71B · Equity $8.53BFY21Liabilities $12.71BEquity $8.53B0001138118-23-000009 · filed 2023-02-27FY2022 · Liabilities $11.91B · Equity $7.85BFY22Liabilities $11.91BEquity $7.85B0001138118-24-000006 · filed 2024-02-20FY2023 · Liabilities $13.48B · Equity $8.27BFY23Liabilities $13.48BEquity $8.27B0001138118-25-000005 · filed 2025-02-14FY2024 · Liabilities $15.19B · Equity $8.41BFY24Liabilities $15.19BEquity $8.41B0001138118-26-000005 · filed 2026-02-12FY2025 · Liabilities $21.25B · Equity $8.88BFY25Liabilities $21.25BEquity $8.88B0001138118-26-000005 · filed 2026-02-12FY25Liabilities $21.25BEquity $8.88B0001138118-26-000005 · filed 2026-02-12’09’13’17’21’25

FY2025: $30.88B assets · $21.25B liabilities · $8.88B equity

The receipts