earnings
confidence high
sentiment positive
materiality 0.80
CBRE Q3 2026: Core EPS $2.05 up 28%, revenue $11.5B up 13% on data center and property sales growth
CBRE GROUP, INC.
- GAAP EPS $1.52 (+26% YoY); core EPS $2.05 (+28%); GAAP net income $443M; core EBITDA $1,001M (+28.5%) on revenue of $11.5B (+12.7%).
- BOE revenue $6.86B (+17.4%), operating profit $349M (+20.8%); critical infrastructure services revenue surged 80%, aided by Pearce Services acquired November 2025.
- Advisory revenue $2.44B (+11%); global property sales revenue +28% with U.S. +37%; leasing +6%; loan servicing portfolio topped $500B, up 8% in the quarter.
- REI operating profit $166M (+127%) on $128M development profit from data center land sales; in-process pipeline $29.6B; AUM above $155B.
- Year-to-date buybacks near $1.2B; net leverage 1.36x on $5.3B net debt; total liquidity $5.0B; trailing 12-month free cash flow $1.8B.