CBRE CBRE Group margins

Relative Growth: Rel. Growth: 80

Relative Strength: Rel. Strength: 30

Relative Valuation: Rel. Valuation: 64

Relative Profitability: Rel. Profitability: 50

Gross margin

18.3%

Operating margin

2.6%

EBITDA margin

6.6%

Net margin

3.1%

The CBRE Group reports a gross margin of 18.3%, an operating margin of 2.6%, an EBITDA margin of 6.6%, and a net margin of 3.1%. Operating margin declined by 1.3 percentage points, while other available margins were unchanged.

CBRE margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, CBRE Group's margins averaged 19.03% gross, 3.43% operating, 6.56% EBITDA, and 2.94% net. Currently, EBITDA and net margins are above their three-year averages, while gross and operating margins are below their three-year averages.

CBRE margin expansion

Year-over-year margin changes in percentage points

Gross margin contracted by 0.6 percentage points and operating margin by 1.3 percentage points, while EBITDA and net margins were unchanged.

Gross margin expansion

-0.6pp

Operating margin expansion

-1.3pp

EBITDA margin expansion

0pp

Net margin expansion

0pp

CBRE Gross margin

Over the last 3 years, CBRE Group's gross margin averaged 19.03%. The current gross margin of 18.3% is 0.7 percentage points below its three-year average. During this period, gross margin reached a high of 19.6% in Dec 2023 and a low of 18.3% in Mar 2026.

CBRE Operating margin

Throughout the last 3 years, CBRE Group had an average operating margin of 3.43%. Against its three-year average, CBRE Group's operating margin is currently 2.6%, 0.8 percentage points below its three-year average. Looking back over the last 3 years, CBRE Group's operating margin reached 3.9% at its highest point in Sep 2025 and 2.6% at its lowest in Sep 2026.

CBRE EBITDA margin

Across the last 3 years, CBRE Group's EBITDA margin stood at 6.56%. The current EBITDA margin stands at 6.6%, 0 percentage points above its three-year average. EBITDA margin was highest at 6.8% in Sep 2024 and lowest at 6.2% in Dec 2024.

CBRE Net margin

Across the last 3 years, CBRE Group's net margin averaged 2.94%. The current net margin stands at 3.1%, 0.2 percentage points above its three-year average. Net margin was highest at 3.1% in Sep 2026 and lowest at 2.7% in Dec 2024.

CBRE margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 18.3%, CBRE stands below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 62.8%, CBRE Group's gross margin is 71% lower.

Frequently asked questions

What is CBRE Group's gross margin?

The current gross margin for CBRE is 18.3% as of Sep 30, 2026.

What is CBRE Group's operating margin?

As of Sep 30, 2026, CBRE has an operating margin of 2.6%.

What is CBRE Group's EBITDA margin?

As of Sep 30, 2026, CBRE has an EBITDA margin of 6.6%.

What is CBRE Group's net margin?

As of Sep 30, 2026, CBRE has a net margin of 3.1%.

What are the average margins of CBRE?

Over the last 3 years, CBRE Group's margins averaged 19.0% gross, 3.4% operating, 6.6% EBITDA, and 2.9% net.

What are the highest historical margins of CBRE?

Looking back across 5 years, CBRE reached 22.4% gross in Mar 2022, 5.7% operating in Mar 2022, 10.7% EBITDA in Dec 2021, and 6.7% net in Mar 2022.

What are the lowest historical margins of CBRE?

CBRE Group's lowest recorded margins during the past 5 years were 18.3% gross in Mar 2026, 2.5% operating in Sep 2023, 4.6% EBITDA in Sep 2023, and 1.9% net in Sep 2023.