CBRE Group Inc

Latest Results (21.10.2025):

CBRE Group Inc. reported strong financial results for the second quarter of 2025, showcasing significant growth in revenue, earnings per share, and cash flow. The company exceeded expectations despite a challenging macroeconomic environment, and has raised its earnings outlook for the year, indicating continued momentum in both resilient and transactional business segments.

Revenue Growth

CBRE Group Inc. achieved a 16% increase in revenue, reaching $9.8 billion for Q2 2025 compared to $8.4 billion in Q2 2024. Resilient Businesses saw a 17% rise to $8.1 billion, while Transactional Businesses grew by 15% to nearly $1.7 billion.

Earnings Performance

GAAP earnings per share surged by 71% to $0.72, and Core EPS rose by 47% to $1.19. GAAP net income increased by 65% to $215 million, and Core EBITDA grew by 30% to $658 million, reflecting the company's enhanced profitability.

Cash Flow and Liquidity

The company generated $1.4 billion in net cash flow from operations and nearly $1.3 billion in free cash flow on a trailing 12-month basis. Liquidity improved by $1.2 billion during the quarter, totaling $4.7 billion.

Business Segment Performance

All major segments reported robust growth. The Advisory Services segment saw a 14.4% increase in revenue, while Building Operations & Experience grew by 18.7%. Project Management revenue rose by 14.3%, and Real Estate Investments maintained strong operating profits despite a slight decrease in revenue.

Elevated Earnings Outlook

CBRE Group Inc. has increased its 2025 Core EPS outlook to a range of $6.10 to $6.20, up from the previous guidance of $5.80 to $6.10. This upward revision is based on better than 20% growth at the midpoint of the range, supported by favorable foreign currency movements and strong business performance.