CBRE Group is a commercial real estate services and investment firm. It helps clients lease, acquire, dispose of, manage and finance properties, and it operates facilities for corporate occupiers. Revenue comes from brokerage commissions, fees for property and facilities management, project management fees, and investment management and development activities. Transaction volumes in leasing and capital markets can move its results noticeably with the property cycle.
The X-Ray Score for Cbre Group, Inc. is 60 out of 100. Revenue over the last twelve months was $43.6 billion, and it expanded at 9.6% a year across three years. The business shows an operating margin of 4.5% and a return on invested capital of 10%. Leverage, measured as net debt to EBITDA, is 2.4 times. The company does not pay a dividend.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $121.69 – $174.27Volume 2,249,200Daily, split-adjusted
Vitals
Market cap$39.1B
52-week range$121.69 – $174.27
Volume (last day)2,249,200
P/E (TTM)30.5
EBIT / EV yield4.3%
Free-cash-flow yield2.4%
Dividend yieldNo dividend
Revenue (TTM)$43.6B
Net income (TTM)$1.3B
Operating margin4.5%
Return on capital10.4%
Debt incl. leases$8.1B
Cash & securities$1.5B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$135model spread $129 – $143
Fair+1.4% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $133
Undervalued < $94Fair $94 – $175Overvalued > $175
10-year DCF (market-scaled)
$111
Peer multiples
$139
Earnings power floor (not blended)
$38
Fundamentals-adjusted multiple
$155
Growth the price implies
16.8%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
ValuationFair
60/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.3%
Free-cash-flow yield2.4%
Fair value vs price1.0×
GrowthFair
58/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)9.6%
EPS growth (3y)-3.5%
Growth consistency100%
ProfitabilityFair
58/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital10.4%
Operating margin4.5%
Gross profitability26.4%
Financial healthFair
64/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA2.4×
Interest coverNo interest cost
DividendsNone
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+11.8%Mar '25
+15.8%Jun '25
+13.5%Sep '25
+11.8%Dec '25
+18.6%Mar '26
+15.5%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $11.2B, diluted EPS $0.69.
Other Real Estate Services companies by X-Ray Score.
Fundamentals checklist
● 9 Good · ● 2 Average · ● 5 Bad
Cash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginBad
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 55/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$27.7B
$30.8B
$31.9B
$35.8B
$40.6B
Operating income
$1.6B
$1.5B
$1.1B
$1.4B
$1.8B
Net income
$1.8B
$1.4B
$986M
$968M
$1.2B
Operating cash flow
$2.4B
$1.6B
$480M
$1.7B
$1.6B
Operating margin
5.9%
4.9%
3.5%
4.0%
4.3%
Free cash flow
$2.2B
$1.4B
$175M
$1.4B
$1.2B
Diluted EPS
$5.41
$4.29
$3.15
$3.14
$3.85
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
4 bullish · 4 neutral · 8 bearish
Weekly
Strongly bearish
1 bullish · 1 neutral · 10 bearish
Monthly
Bearish
2 bullish · 1 neutral · 5 bearish
Moving averages (daily)
SMA 10
130.7
Bullish
EMA 10
131.7
Bullish
SMA 20
132.4
Bullish
EMA 20
133.1
Bearish
SMA 50
140.7
Bearish
EMA 50
137.2
Bearish
SMA 100
139.0
Bearish
EMA 100
139.6
Bearish
SMA 200
143.5
Bearish
EMA 200
141.8
Bearish
Oscillators (daily)
RSI (14)
47.53
Neutral
MACD (12, 26)
-2.41
Bearish
Momentum (12)
3.59
Bullish
Stochastic %K (14)
68.22
Neutral
Williams %R (14)
-31.78
Neutral
CCI (20)
26.96
Neutral
Pivot points (classic, last session)
S3
125.6
S2
128.6
S1
130.9
Pivot
133.9
R1
136.1
R2
139.2
R3
141.4
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.