The Investor
23 Oct 2025, 22:31
CBRE Reports Strong Q3 2025 Results, Raises Full-Year Outlook
CBRE Group reported a robust third quarter, with results surpassing expectations across all business segments.
Key figures:
• GAAP EPS: $1.21, up 66% year-over-year
• Core EPS: $1.61, up 34%
• Revenue: $10.3 billion, up 14%
• Net income: $363 million, up 61%
• Core EBITDA: $821 million, up 19%
• Free cash flow: $1.5 billion (trailing 12 months)
• Liquidity: $5.2 billion
The company’s Resilient Businesses generated $8.4 billion in revenue, up 14%, while Transactional Businesses rose 13% to $1.9 billion.
CEO Bob Sulentic said CBRE’s scale and diversification “drove growth across all four segments” and highlighted the company’s ability to capitalize on both secular and cyclical opportunities.
CBRE raised its 2025 Core EPS guidance to a range of $6.25–$6.35, projecting more than 24% annual growth and exceeding its prior earnings peak by 10%.
CBRE Group reported a robust third quarter, with results surpassing expectations across all business segments.
Key figures:
• GAAP EPS: $1.21, up 66% year-over-year
• Core EPS: $1.61, up 34%
• Revenue: $10.3 billion, up 14%
• Net income: $363 million, up 61%
• Core EBITDA: $821 million, up 19%
• Free cash flow: $1.5 billion (trailing 12 months)
• Liquidity: $5.2 billion
The company’s Resilient Businesses generated $8.4 billion in revenue, up 14%, while Transactional Businesses rose 13% to $1.9 billion.
CEO Bob Sulentic said CBRE’s scale and diversification “drove growth across all four segments” and highlighted the company’s ability to capitalize on both secular and cyclical opportunities.
CBRE raised its 2025 Core EPS guidance to a range of $6.25–$6.35, projecting more than 24% annual growth and exceeding its prior earnings peak by 10%.