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CBRE Group CBRE Advisory Services — Operating Income

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Other financials

Income statement

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Revenue$10.5B+18.6%
Gross profit$1.9B+15.0%
Operating income$511.0M+85.1%
Net income$318.0M+95.1%
EPS (diluted)$1.07+98.1%

Balance sheet

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Cash & equivalents$1.7B+10.0%
Total debt$10.5B+25.5%
Total equity$8.5B+2.9%
Total assets$30.2B+14.4%

Cash flow

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Operating cash flow-$825.0M-51.1%
CapEx$81.0M+26.6%
Free cash flow-$906.0M-48.5%

Valuation

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Market cap$39.41B-3.0%
Enterprise value$48.25B-1.3%
P/E30×-7.2×
P/S0.9×-0.1×

Profitability

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Gross margin18.4%-0.9pp
Operating margin4.7%+0.7pp
Net margin3.1%+0.4pp
FCF margin2.1%-1.6pp

Returns & leverage

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Return on equity15.6%+3.5pp
Debt / equity1.2×+0.2×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by CBRE Group in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: CBRE Group’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CBRE Group's advisory services — operating income?
CBRE Group (CBRE) reported advisory services — operating income of $375M in Q1 2026.
How has CBRE Group's advisory services — operating income changed year-over-year?
CBRE Group's advisory services — operating income increased by 34.4% year-over-year, from $279M to $375M.
What is the long-term trend for CBRE Group's advisory services — operating income?
Over 4 years (2021 to 2025), CBRE Group's advisory services — operating income has grown at a -3.2% compound annual growth rate (CAGR), from $2.06B to $1.81B.
What does advisory services — operating income mean?
This is the primary measure of profitability for the advisory services segment, calculated as segment revenue minus operating expenses. It reflects the core operational efficiency and market demand for services such as leasing, capital markets, and property management. It is a key indicator of the segment's ability to generate value from its primary business activities.