Cbre (CBRE) Gross Margin (2009 - 2026)
Cbre (CBRE) reported Gross Margin of 18.45% for Q3 2026, down 0.30 percentage points from 18.76% a year earlier and down 0.13 percentage points from the prior quarter.
Cbre (CBRE) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cbre's Gross Margin came in at 18.50%, down 0.41 percentage points year-over-year; for FY2025, it was 18.66%, down 0.79 percentage points from FY2024.
- Gross Margin has declined for four consecutive years, with a five-year change of -1.40 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 19.45% in FY2024 (-0.19 pp), 19.64% in FY2023 (-1.74 pp), 21.37% in FY2022 (-0.85 pp) and 22.22% in FY2021 (+2.17 pp).
- Five-year quarterly Gross Margin spans a low of 17.59% in Q1 2026 and a high of 22.99% in Q4 2021.
- Year over year, Gross Margin gained in 1 of the last eight quarters, with an average year-over-year change of -0.50 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2024 (a gain of 1.05 percentage points); the low point was Q1 2023 (a drop of 2.60 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 18.58% (Q2 2026), 17.59% (Q1 2026) and 19.29% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 39.37 Bn | 32.67 Bn | 2.13 Bn | 18.45% |
| 2 | KE Holdings | 20.10 Bn | -9.36 Bn | - | - |
| 3 | Jones Lang Lasalle | 17.12 Bn | 15.11 Bn | - | - |
| 4 | Compass | 7.90 Bn | 6.35 Bn | - | - |
| 5 | Colliers International | 4.78 Bn | 3.93 Bn | - | - |
| 6 | Cushman & Wakefield | 3.30 Bn | 929.10 Mn | 486.30 Mn | 17.32% |
| 7 | Newmark | 2.11 Bn | 1.18 Bn | - | - |
| 8 | Marcus & Millichap | 987.28 Mn | 84.22 Mn | - | - |
| 9 | Agnt | 526.15 Mn | 57.18 Mn | 90.97 Mn | 6.53% |
| 10 | Rmr | 257.24 Mn | 7.32 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.45% |
| Jun 30, 2026 | 18.58% |
| Mar 31, 2026 | 17.59% |
| Dec 31, 2025 | 19.29% |
| Sep 30, 2025 | 18.76% |
| Jun 30, 2025 | 18.27% |
| Mar 31, 2025 | 18.14% |
| Dec 31, 2024 | 20.32% |
| Sep 30, 2024 | 19.74% |
| Jun 30, 2024 | 19.04% |
| Mar 31, 2024 | 18.40% |
| Dec 31, 2023 | 20.76% |
| Sep 30, 2023 | 18.70% |
| Jun 30, 2023 | 19.96% |
| Mar 31, 2023 | 18.96% |
| Dec 31, 2022 | 20.70% |
| Sep 30, 2022 | 21.18% |
| Jun 30, 2022 | 22.10% |
| Mar 31, 2022 | 21.56% |
| Dec 31, 2021 | 22.99% |
Cbre Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CBRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CBRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CBRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();