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CBRE Group CBRE Real Estate Investments — Operating expenses and allocations

Other segment segments

Advisory Services
$469M+9.6%
Project Management
$127M+10.4%

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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$40.23B-3.0%
Enterprise value$49.08B-1.3%
P/E30.7×-7.4×
P/S-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:OperatingExpenses.

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 real estate investments — operating expenses and allocations?
CBRE Group (CBRE) reported real estate investments — operating expenses and allocations of $287M in Q1 2026.
How has CBRE Group's real estate investments — operating expenses and allocations changed year-over-year?
CBRE Group's real estate investments — operating expenses and allocations increased by 72.9% year-over-year, from $166M to $287M.
What is the long-term trend for CBRE Group's real estate investments — operating expenses and allocations?
Over 3 years (2022 to 2025), CBRE Group's real estate investments — operating expenses and allocations has grown at a -0.7% compound annual growth rate (CAGR), from $1.08B to $1.06B.
What does real estate investments — operating expenses and allocations mean?
Includes the indirect operating costs and corporate overhead allocations assigned to the Real Estate Investments segment. This metric captures the full cost burden of running the segment, including administrative and support functions.