CBRE Group (CBRE) AI Stock Analysis

• Market Cap: $48.82B
• Dividend Yield: N/A
• Average Volume (3M): 1.46M
• Price to Earnings (P/E): 40.5
• Beta (1Y): 0.89
• Revenue Growth: 14.61%
• EPS Growth: 30.19%
• Country: US
• Employees: 140,000
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 1.61
• Shares Outstanding: 297,593,000
• 10 Day Avg. Volume: 1,945,928
• 30 Day Avg. Volume: 1,460,625
• PEG Ratio: -33.19
• Price to Book (P/B): 4.77
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 26.91
• Enterprise Value/Market Cap: 1.14
• Enterprise Value/Revenue: 1.42
• Enterprise Value/Gross Profit: 3.75
• Enterprise Value/Ebitda: 23.16
• 1Y Price Target: $184.40
• Price Target Upside: 12.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 6.33
• Revenue Forecast (FY): $40.42B

• Rating: 70 Outperform
• Price Target: $171.00 ▲(4.36% Upside)

CBRE's overall stock score is driven by strong earnings performance and strategic acquisitions, positioning it well for future growth. However, the high P/E ratio and potential risks from increased leverage and currency headwinds temper the outlook. The technical indicators suggest a neutral trend, warranting cautious optimism.

Positive Factors

Revenue Growth

The significant growth in the data center sector highlights CBRE's ability to capitalize on high-demand areas, supporting sustained revenue expansion.

Strategic Acquisitions

The acquisition of Pearce Services enhances CBRE's capabilities in digital and power infrastructure, positioning it for growth in expanding markets.

EPS Growth

Strong EPS growth reflects CBRE's effective cost management and operational efficiency, contributing to long-term profitability.

Negative Factors

Rising Debt Levels

Increased leverage could pose financial risks if not managed carefully, potentially impacting CBRE's long-term financial stability.

Currency Headwinds

Currency fluctuations can affect international revenue and asset growth, posing a challenge to CBRE's global operations.

Tough Year-over-Year Comparisons

Challenging year-over-year comparisons may hinder perceived growth, affecting investor sentiment and future performance assessments.

CBRE Group Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

CBRE generates revenue primarily through service fees and commissions from its commercial real estate services. Key revenue streams include property management fees, leasing commissions, and investment sales commissions. The company also earns income from advisory and consulting services, as well as from its capital markets activities. Significant partnerships with institutional investors, property owners, and developers further enhance its earnings potential by providing access to a broad client base and large-scale real estate transactions. Additionally, the company's performance is bolstered by its extensive data analytics and technology solutions, which improve service delivery and client engagement.

CBRE Group Financial Statement Overview

Summary

CBRE demonstrates strong financial health with consistent revenue growth and improved profitability margins. The company maintains a balanced capital structure, although the increasing leverage warrants attention. Cash flow generation is robust, supporting operational needs and potential investments. Overall, CBRE is well-positioned in the real estate services industry, but should monitor debt levels to mitigate potential risks.

Income Statement

The income statement shows a solid performance with a consistent revenue growth rate of 3.21% TTM, indicating a positive trajectory. The gross profit margin improved significantly to 37.94% TTM, reflecting enhanced operational efficiency. However, the net profit margin remains relatively low at 3.12% TTM, suggesting room for improvement in cost management. The EBIT and EBITDA margins are stable, indicating consistent profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.94 TTM, which is manageable but indicates increased leverage compared to previous years. The return on equity is strong at 14.67% TTM, showcasing effective use of equity capital. The equity ratio is stable, suggesting a balanced capital structure. However, the rising debt levels could pose a risk if not managed carefully.

Cash Flow

Cash flow analysis reveals a robust free cash flow growth rate of 19.56% TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.15 TTM, which is lower than ideal, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is healthy at 0.82 TTM, reflecting efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	39.33B	35.77B	31.95B	30.83B	27.75B	23.83B
Gross Profit	14.92B	7.02B	6.30B	6.62B	6.17B	4.82B
EBITDA	2.41B	2.15B	1.83B	2.03B	2.09B	1.63B
Net Income	1.23B	968.00M	986.00M	1.41B	1.84B	751.99M
Balance Sheet
Total Assets	28.57B	24.38B	22.55B	20.51B	22.07B	18.04B
Cash, Cash Equivalents and Short-Term Investments	1.67B	1.11B	1.26B	1.32B	2.43B	1.90B
Total Debt	8.06B	5.69B	4.83B	3.49B	4.20B	4.10B
Total Liabilities	19.27B	15.19B	13.48B	11.91B	12.71B	10.53B
Stockholders Equity	8.54B	8.41B	8.27B	7.85B	8.53B	7.08B
Cash Flow
Free Cash Flow	1.41B	1.49B	229.00M	1.46B	2.23B	1.65B
Operating Cash Flow	1.72B	1.80B	534.00M	1.72B	2.44B	1.92B
Investing Cash Flow	-749.00M	-1.60B	-729.00M	-917.20M	-1.56B	-34.48M
Financing Cash Flow	1.38B	-221.00M	148.00M	-1.77B	-286.38M	-1.02B

CBRE Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 163.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CBRE, the sentiment is Positive. The current price of 163.85 is above the 20-day moving average (MA) of 160.37, above the 50-day MA of 157.25, and above the 200-day MA of 144.61, indicating a bullish trend. The MACD of 1.61 indicates Negative momentum. The RSI at 61.98 is Neutral, neither overbought nor oversold. The STOCH value of 92.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CBRE.

CBRE Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JLL	79 Outperform	$16.07B	26.23	9.14%	―	12.51%	32.34%
CBRE	70 Outperform	$48.82B	40.47	14.26%	―	14.61%	30.19%
CWK	69 Neutral	$3.79B	17.14	12.21%	―	6.77%	150.72%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BEKE	62 Neutral	$18.61B	38.67	4.91%	2.23%	25.33%	-15.12%
CSGP	61 Neutral	$28.23B	1,296.50	0.25%	―	14.61%	-87.93%
NMRK	59 Neutral	$3.16B	30.46	8.08%	0.68%	22.22%	94.52%

CBRE Group Corporate Events

CBRE Group Completes $750 Million Senior Notes Offering

On November 13, 2025, CBRE Services, Inc., a subsidiary of CBRE Group, completed a $750 million offering of 4.900% Senior Notes due in 2033. The proceeds from this offering will be used to repay borrowings related to the acquisition of Pearce Services, LLC and for other corporate purposes. The Notes are senior unsecured obligations and are governed by an Indenture that includes covenants limiting certain financial activities. This move is expected to strengthen CBRE’s financial position and support its strategic growth initiatives.

CBRE Group Enters $750M Senior Notes Agreement

On November 5, 2025, CBRE Group and its subsidiary CBRE Services, Inc. entered into an underwriting agreement with major financial institutions for the issuance and sale of $750 million in Senior Notes due 2033. The proceeds from this offering are intended to repay borrowings related to the acquisition of Pearce Services, LLC and for other corporate purposes, with the closing of the sale expected on November 13, 2025.

CBRE Group Acquires Pearce Services for $1.2 Billion

On November 4, 2025, CBRE Group announced its acquisition of Pearce Services, a leading provider of technical services for digital and power infrastructure, for approximately $1.2 billion in cash. This acquisition is expected to enhance CBRE’s capabilities in digital and power infrastructure, immediately boost earnings, and open new growth opportunities in rapidly expanding markets. Pearce, with over 4,000 employees, serves critical markets like renewable energy and telecom, and is projected to generate significant revenue and EBITDA growth in the coming years.