Cbre (CBRE) Operating Margin (2009 - 2026)
Cbre (CBRE) posted Operating Margin of 3.25% for Q2 2026, down 33.02% on a QoQ basis from 4.85% in Q1 2026, and down 60.0% year-over-year from 8.13% in Q2 2025.
Analysis
Cbre (CBRE) Operating Margin (2009 - 2026) Analysis & Trends
Cbre has reported Operating Margin for 18 years, with the latest figure at 3.25% in Q2 2026.
- On a quarterly basis, Operating Margin fell 60.0% year-over-year to 3.25% in Q2 2026; TTM through Jun 2026 was 4.53%, a 30.0% increase from a year earlier, with the FY2025 full-year figure at 4.32%, up 37.0% from the prior year.
- Operating Margin was 3.25% for Q2 2026 at Cbre, down from 4.85% in the prior quarter.
- The five-year high for Operating Margin was 6.65% in Q2 2022, with the low at 0.5% in Q1 2023.
- Average Operating Margin over 5 years is 4.09%, with a median of 4.02% recorded in 2023.
- The largest YoY upside for Operating Margin was 266 bps in 2023 against a maximum downside of 464 bps in 2023.
- Over 5 years, Operating Margin stood at 2.97% in 2022, then surged by 89 bps to 5.63% in 2023, then increased by 1 bps to 5.71% in 2024, then retreated by 6 bps to 5.35% in 2025, then slumped by 39 bps to 3.25% in 2026.
- The last three Operating Margin figures came in at 3.25% (Q2 2026), 4.85% (Q1 2026), and 5.35% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 42.85 Bn | 41.82 Bn | 2.09 Bn | 3.25% |
| 2 | Jones Lang Lasalle | 16.66 Bn | 16.34 Bn | - | 4.20% |
| 3 | Colliers International | 5.06 Bn | 4.80 Bn | 635.11 Mn | 6.26% |
| 4 | Cushman & Wakefield | 3.20 Bn | 2.70 Bn | 512.00 Mn | 4.86% |
| 5 | Marcus & Millichap | 1.21 Bn | 996.94 Mn | - | 1.09% |
| 6 | Rmr | 627.17 Mn | 743.34 Mn | 151.79 Mn | -6.04% |
| 7 | Comstock Holding Companies | 214.59 Mn | 189.25 Mn | 7.98 Mn | 29.43% |
| 8 | Reitar Logtech Holdings | 5.62 Mn | 25.26 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.25% |
| Mar 31, 2026 | 4.85% |
| Dec 31, 2025 | 5.35% |
| Sep 30, 2025 | 4.69% |
| Jun 30, 2025 | 3.85% |
| Mar 31, 2025 | 3.11% |
| Dec 31, 2024 | 5.71% |
| Sep 30, 2024 | 4.07% |
| Jun 30, 2024 | 2.93% |
| Mar 31, 2024 | 2.57% |
| Dec 31, 2023 | 5.63% |
| Sep 30, 2023 | 3.42% |
| Jun 30, 2023 | 3.96% |
| Mar 31, 2023 | 0.50% |
| Dec 31, 2022 | 2.97% |
| Sep 30, 2022 | 4.97% |
| Jun 30, 2022 | 6.65% |
| Mar 31, 2022 | 5.14% |
| Dec 31, 2021 | 6.92% |
| Sep 30, 2021 | 6.03% |