CBRE Stock - CBRE Group, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $35.77B | $31.95B | $30.83B | $27.75B | $23.83B |
| Gross Profit | $7.02B | $6.30B | $6.62B | $6.17B | $4.82B |
| Gross Margin | 19.6% | 19.7% | 21.5% | 22.2% | 20.2% |
| Operating Income | $1.41B | $1.12B | $1.51B | $1.64B | $969.76M |
| Net Income | $968.00M | $986.00M | $1.41B | $1.84B | $751.99M |
| Net Margin | 2.7% | 3.1% | 4.6% | 6.6% | 3.2% |
| EPS | $3.16 | $3.20 | $4.36 | $5.48 | $2.24 |
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction management, marketing, building engineering, accounting, and financial services for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment offers facilities management, project management, and transaction management services. The Real Estate Investments segment provides investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; development services under the Trammell Crow Company brand primarily to users of and investors in commercial real estate; and flexible-space solutions under the CBRE Hana brand. The company was founded in 1906 and is headquartered in Dallas, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 15th 2025 | Keefe Bruyette | Upgrade | Outperform | $185 |
| December 2nd 2025 | Barclays | Initiation | Overweight | $190 |
| January 24th 2025 | Raymond James | Downgrade | Outperform | $152← $155 |
| January 15th 2025 | Morgan Stanley | Upgrade | Overweight | $160← $115 |
| January 2nd 2025 | Jefferies | Upgrade | Buy | $152← $133 |
| December 16th 2024 | JP Morgan | Upgrade | Overweight | $163← $120 |
| December 6th 2024 | Goldman | Initiation | Buy | $176 |
| July 26th 2024 | Evercore ISI | Upgrade | Outperform | $123← $100 |
| July 25th 2024 | Morgan Stanley | Initiation | Equal Weight | $105 |
| April 10th 2024 | Jefferies | Initiation | Hold | $107 |
| January 3rd 2024 | Evercore ISI | Downgrade | In-line | $96← $79 |
| January 27th 2023 | Citigroup | Initiation | Buy | $100 |
| January 27th 2023 | Keefe Bruyette | Downgrade | Market Perform | $88 |
| July 22nd 2022 | Raymond James | Upgrade | Strong Buy | $110← $122 |
Earnings History & Surprises
CBREEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Feb 12, 2026 | $2.69 | — | — | — |
Q4 2025 | Oct 23, 2025 | $1.46 | $1.61 | +10.3% | ✓ BEAT |
Q3 2025 | Jul 29, 2025 | $1.07 | $1.19 | +11.2% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $0.76 | $0.86 | +13.2% | ✓ BEAT |
Q1 2025 | Feb 13, 2025 | $2.20 | $2.32 | +5.5% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $1.06 | $1.20 | +13.2% | ✓ BEAT |
Q3 2024 | Jul 25, 2024 | $0.71 | $0.81 | +14.2% | ✓ BEAT |
Q2 2024 | May 3, 2024 | $0.69 | $0.78 | +12.6% | ✓ BEAT |
Q1 2024 | Feb 15, 2024 | $1.18 | $1.38 | +16.9% | ✓ BEAT |
Q4 2023 | Oct 27, 2023 | $0.67 | $0.72 | +7.5% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $0.76 | $0.82 | +7.9% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $0.81 | $0.92 | +13.6% | ✓ BEAT |
Q1 2023 | Feb 23, 2023 | $1.19 | $1.33 | +11.8% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $1.26 | $1.13 | -10.3% | ✗ MISS |
Q3 2022 | Aug 4, 2022 | $1.40 | $1.83 | +30.7% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $1.08 | $1.39 | +28.7% | ✓ BEAT |
Q1 2022 | Feb 24, 2022 | $1.78 | $1.80 | +1.1% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $1.19 | $1.39 | +16.8% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $0.77 | $1.36 | +76.6% | ✓ BEAT |
Latest News
Keefe, Bruyette & Woods Upgrades CBRE Group to Outperform, Raises Price Target to $185
📈 PositiveBarclays Initiates Coverage On CBRE Group with Overweight Rating, Announces Price Target of $190
📈 PositiveCBRE Group Acquires Pearce Services For $1.2B In Cash Plus $115M Earn-Out
📈 PositiveUBS Maintains Neutral on CBRE Group, Raises Price Target to $175
➖ NeutralCBRE Group Raises FY2025 Adj EPS Guidance from $6.10-$6.20 to $6.25-$6.35 vs $6.20 Est
📈 PositiveCBRE Group Q3 Adj. EPS $1.61 Beats $1.46 Estimate, Sales $10.258B Beat $10.135B Estimate
📈 PositiveUBS Maintains Neutral on CBRE Group, Raises Price Target to $165
➖ NeutralKeefe, Bruyette & Woods Maintains Market Perform on CBRE Group, Raises Price Target to $168
📈 PositiveMorgan Stanley Maintains Overweight on CBRE Group, Raises Price Target to $180
📈 PositiveJP Morgan Maintains Overweight on CBRE Group, Raises Price Target to $185
📈 PositiveEvercore ISI Group Maintains Outperform on CBRE Group, Raises Price Target to $185
📈 PositiveFrequently Asked Questions about CBRE
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