CBRE (CBRE) revenue breakdown

Real Estate · Real Estate Services · Market cap $35.7B

By segment, Building Operations & Experience is the largest at 58% of fiscal 2025 revenue, growing 14% a year over 2 years.

By product, Facilities management is the largest at 52% of fiscal 2025 revenue; Project management grew fastest, 20% a year over 8 years.

Revenue by segment

Fiscal years, as CBRE reports them in its 10-K filings; fiscal 2025 total $40.0B.

Segments2016201720182019202020212022202320242025Share
Building Operations & Experience———————$17.8B$20.2B$23.2B 58%
Advisory Services—$6.9B$7.9B$8.1B$6.6B$8.9B$9.3B$6.5B$7.2B$8.2B 21%
Project Management———————$6.3B$6.8B$7.7B 19%
Real Estate Investments—$457M$535M$638M$816M$946M$999M$937M$1.0B$868M 2%
Global Workplace Solutions—$10.8B$12.4B$14.6B$15.8B$17.1B$19.9B——— —
Americas$10.6B————————— —
EMEA$4.1B————————— —
Asia Pacific$1.7B————————— —
Global Investment Management$370M————————— —
Development Services$71M————————— —

Revenue by product

Fiscal years, as CBRE reports them in its 10-K filings; fiscal 2025 total $39.9B.

Products2016201720182019202020212022202320242025Share
Facilities management———$12.3B$13.5B$14.2B$15.2B$16.1B$18.2B$20.6B 52%
Project management—$1.7B$2.1B$2.3B$2.3B$2.9B$4.7B$6.3B$6.8B$7.7B 19%
Advisory leasing$2.7B$2.6B$3.1B$3.4B$2.5B$3.3B$3.9B$3.5B$3.9B$4.5B 11%
Property management———$1.7B$1.6B$1.7B$1.8B$1.7B$2.0B$2.5B 6%
Advisory sales—$1.9B$2.0B$2.2B$1.7B$2.8B$2.5B$1.6B$1.8B$2.1B 5%
Valuation$504M$556M$599M$631M$614M$733M$765M$716M$751M$815M 2%
Investment management$370M$378M$434M$425M$475M$556M$595M$592M$650M$602M 2%
Other portfolio services———————$376M$389M$354M 1%
Development services$56M$79M$100M$213M$341M$390M$404M$345M$373M$266M 1%
Commercial mortgage origination$118M$117M$137M$154M$131M$314M$274M$138M$196M$251M 1%
Loan servicing—$20M$24M$31M$46M$43M$57M$174M$160M$164M 0%
Global Workplace Solutions—$10.8B$12.4B——————— —
Occupier Outsourcing$10.4B————————— —
Sales$1.7B————————— —
Property Management$1.1B————————— —

Revenue by region

Fiscal years, as CBRE reports them in its 10-K filings; fiscal 2025 total $40.5B.

Regions2016201720182019202020212022202320242025Share
United States$10.4B$11.0B$12.3B$13.9B$13.5B$15.7B$17.5B$17.5B$20.2B$22.8B 56%
All other countries$4.8B$5.4B$6.5B$7.1B$7.3B$8.4B$9.3B$10.1B$10.6B$12.0B 30%
United Kingdom$2.2B$2.2B$2.6B$3.0B$3.1B$3.6B$4.1B$4.4B$5.0B$5.7B 14%
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Questions

Where does CBRE make its money?

In fiscal 2025, by segment: Building Operations & Experience $23.2B, Advisory Services $8.2B, Project Management $7.7B, Real Estate Investments $868M.

From CBRE's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.