CBRE GROUP, INC. (CBRE) closed fiscal year 2025 with a gross margin of 18.7 % and a net margin of 2.9 %.
CBRE GROUP, INC. (CBRE) closed fiscal year 2025 with a gross margin of 18.7 % and a net margin of 2.9 %. The same year shows an EBITDA margin of 6.6 % and an EBIT margin of 4.3 %. The free cash flow margin was 2.9 %. Against the previous year the gross margin moved −0.8 pp and the net margin +0.1 pp. Across the period the gross margin ranges between 18.7 % in 2025 and 99.6 % in 2015. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 42.94 % | 41.24 % | 42.13 % | 41.46 % | 42.55 % | 41.69 % | 38.00 % | 99.63 % | 22.73 % | 23.21 % | 22.92 % | 21.78 % | 20.06 % | 22.22 % | 21.37 % | 19.64 % | 19.45 % | 18.66 % |
| EBITDA margin (%) | -13.37 % | 8.19 % | 10.85 % | 9.80 % | 11.59 % | 11.23 % | 11.68 % | 10.59 % | 6.82 % | 7.97 % | 7.22 % | 7.11 % | 6.18 % | 7.80 % | 6.89 % | 5.97 % | 6.38 % | 6.61 % |
| EBIT margin (%) | -15.37 % | 5.81 % | 8.73 % | 7.84 % | 8.98 % | 8.58 % | 8.75 % | 7.70 % | 4.70 % | 5.79 % | 5.10 % | 5.27 % | 4.07 % | 5.90 % | 4.90 % | 3.50 % | 3.95 % | 4.32 % |
| Net margin (%) | -19.73 % | 0.80 % | 3.92 % | 4.05 % | 4.84 % | 4.41 % | 5.35 % | 5.04 % | 3.30 % | 3.74 % | 4.98 % | 5.37 % | 3.16 % | 6.62 % | 4.56 % | 3.09 % | 2.71 % | 2.85 % |
| FCF margin (%) | -3.55 % | 4.45 % | 10.72 % | 3.61 % | 2.16 % | 8.19 % | 5.42 % | 4.72 % | 2.45 % | 3.85 % | 4.23 % | 3.89 % | 6.57 % | 7.76 % | 4.44 % | 0.55 % | 3.92 % | 2.94 % |
