CBRE Group: revenue, profit and cash flow

In fiscal 2025, CBRE Group had revenue of $40.5B, up 14.1% a year on average since 2015, and net income of $1.16B (2.9% of revenue). It has 11% fewer shares than in 2015.

Revenue, fiscal 2025

$40.5B+14.1% a year

average annual revenue growth since 2015 · +13.4% vs 2024

Net income, 2025

$1.16B

2.9% of revenue

Diluted EPS, 2025

$3.85

9.0% a year since 2015

Revenue growth, 5 years

11.2% a year

since 2020

Shares, 2025

301M

−10.6% since 2015

Free cash flow, 2025

$1.19B

$1.56B from operations − $366M capex

Ticker: CBRE · NYSE
Sector: Real Estate
Sub-industry: Real Estate Services
Headquarters: Dallas, Texas
Founded: 1906
In the S&P 500 since: November 10, 2006
Latest fiscal year: 2025, ended December 31, 2025
SEC filer: Cbre Group, Inc. · CIK 0001138118

Revenue and net income

Revenue went from $5.13B in 2008 to $40.5B in 2025. Net loss in 2008.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$4.81 in 2008 to $3.85 in 2025. Ten-year growth: 9.0% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

10.6% fewer shares in 2025 than in 2015 (336M → 301M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.19B in 2025, 2.9% of revenue. Negative in 2008.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Shares	Operating cash flow	Capex	Free cash flow
2025	$40.5B	$1.16B	2.9%	$3.85	301M	$1.56B	$366M	$1.19B
2024	$35.8B	$968M	2.7%	$3.14	308M	$1.71B	$307M	$1.4B
2023	$31.9B	$986M	3.1%	$3.15	313M	$480M	$305M	$175M
2022	$30.8B	$1.41B	4.6%	$4.29	328M	$1.63B	$260M	$1.37B
2021	$27.7B	$1.84B	6.6%	$5.41	340M	$2.36B	$210M	$2.15B
2020	$23.8B	$752M	3.2%	$2.22	338M	$1.83B	$267M	$1.56B
2019	$23.9B	$1.28B	5.4%	$3.77	341M	$1.22B	$294M	$930M
2018	$21.3B	$1.06B	5.0%	$3.10	343M	$1.13B	$228M	$903M
2017	$18.6B	$697M	3.7%	$2.05	341M	$894M	$178M	$716M
2016	$17.4B	$573M	3.3%	$1.69	338M	$617M	$191M	$426M
2015	$10.9B	$547M	5.0%	$1.63	336M	$652M	$139M	$512M
2014	$9.05B	$485M	5.4%	$1.45	334M	$662M	$171M	$491M
2013	$7.18B	$317M	4.4%	$0.95	332M	$745M	$156M	$589M
2012	$6.51B	$316M	4.8%	$0.97	327M	$291M	$150M	$141M
2011	$5.91B	$239M	4.0%	$0.74	324M	$361M	$148M	$213M
2010	$5.12B	$200M	3.9%	$0.63	319M	$617M	$68.5M	$548M
2009	$4.17B	$33.3M	0.8%	$0.12	280M	$214M	$28.2M	$185M
2008	$5.13B	−$1.01B	−19.7%	−$4.81	211M	−$130M	$51.5M	−$182M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.

Other Real Estate Services companies

CSGP

CoStar Group

revenue $3.25B (2025)

All 30 Real Estate companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.