CBRE Group Inc Class A
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of CBRE Group Inc Class A (CBRE). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Building Operations & Experience | – | – | – | $17.81B 56.5% | $20.21B 57.4% · +13.5% | $23.22B 58.1% · +14.9% |
| Advisory Services | $6.57B 28.3% | $8.93B 33.1% · +35.8% | $9.34B 30.9% · +4.6% | $6.48B 20.6% · -30.6% | $7.16B 20.3% · +10.5% | $8.20B 20.5% · +14.6% |
| Project Management | – | – | – | $6.30B 20.0% | $6.81B 19.3% · +8.1% | $7.66B 19.2% · +12.5% |
| Real Estate Investments | $816.3M 3.5% | $946.0M 3.5% · +15.9% | $1.00B 3.3% · +5.6% | $937.0M 3.0% · -6.2% | $1.02B 2.9% · +9.2% | $868.0M 2.2% · -15.2% |
| Global Workplace Solutions | $15.81B 68.1% | $17.10B 63.4% · +8.2% | $19.85B 65.8% · +16.1% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Building Operations & Experience | – | – | – | $715.0M 4.0% | $894.0M 4.4% | $1.09B 4.7% |
| Advisory Services | $1.35B 20.5% | $2.06B 23.1% | $1.91B 20.4% | $1.23B 18.9% | $1.50B 21.0% | $1.83B 22.4% |
| Project Management | – | – | – | $429.0M 6.8% | $500.0M 7.3% | $561.0M 7.3% |
| Real Estate Investments | $257.7M 31.6% | $520.0M 55.0% | $518.0M 51.9% | $239.0M 25.5% | $261.0M 25.5% | $324.0M 37.3% |
| Global Workplace Solutions | $575.3M 3.6% | $708.0M 4.1% | $899.0M 4.5% | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $17.46B 54.6% | $20.16B 56.4% · +15.5% | $22.85B 56.3% · +13.3% |
| All other countries | $10.10B 31.6% | $10.64B 29.7% · +5.3% | $11.99B 29.6% · +12.7% |
| United Kingdom | $4.39B 13.8% | $4.97B 13.9% · +13.1% | $5.71B 14.1% · +14.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Facilities management | $13.48B 57.7% | $14.17B 52.0% · +5.1% | $15.20B 49.9% · +7.3% | $16.13B 50.7% · +6.1% | $18.23B 51.3% · +13.0% | $20.65B 51.3% · +13.2% |
| Project management | $2.32B 9.9% | $2.93B 10.8% · +26.2% | $4.65B 15.3% · +58.6% | $6.30B 19.8% · +35.5% | $6.81B 19.2% · +8.1% | $7.66B 19.0% · +12.5% |
| Advisory leasing | $2.46B 10.5% | $3.31B 12.1% · +34.6% | $3.88B 12.7% · +17.1% | $3.47B 10.9% · -10.5% | $3.90B 11.0% · +12.3% | $4.50B 11.2% · +15.5% |
| Property management | $1.63B 7.0% | $1.72B 6.3% · +5.1% | $1.83B 6.0% · +6.6% | $1.66B 5.2% · -9.3% | $1.96B 5.5% · +18.1% | $2.53B 6.3% · +29.1% |
| Advisory sales | $1.66B 7.1% | $2.79B 10.2% · +67.7% | $2.52B 8.3% · -9.6% | $1.61B 5.0% · -36.3% | $1.77B 5.0% · +10.0% | $2.12B 5.3% · +20.0% |
| Valuation | $614.2M 2.6% | $733.0M 2.7% · +19.4% | $765.0M 2.5% · +4.4% | $716.0M 2.3% · -6.4% | $751.0M 2.1% · +4.9% | $815.0M 2.0% · +8.5% |
| Investment management | $474.9M 2.0% | $556.0M 2.0% · +17.1% | $595.0M 2.0% · +7.0% | $592.0M 1.9% · -0.5% | $650.0M 1.8% · +9.8% | $602.0M 1.5% · -7.4% |
| Servicing fees | $212.9M 0.9% | $288.0M 1.1% · +35.3% | $309.0M 1.0% · +7.3% | $315.0M 1.0% · +1.9% | $329.0M 0.9% · +4.4% | $357.0M 0.9% · +8.5% |
| Other portfolio services | – | – | – | $376.0M 1.2% | $389.0M 1.1% · +3.5% | $354.0M 0.9% · -9.0% |
| Development services | $341.4M 1.5% | $390.0M 1.4% · +14.2% | $404.0M 1.3% · +3.6% | $345.0M 1.1% · -14.6% | $373.0M 1.1% · +8.1% | $266.0M 0.7% · -28.7% |
| Commercial mortgage origination | $130.9M 0.6% | $314.0M 1.2% · +139.9% | $274.0M 0.9% · -12.7% | $138.0M 0.4% · -49.6% | $196.0M 0.6% · +42.0% | $251.0M 0.6% · +28.1% |
| Loan servicing | $45.7M 0.2% | $43.0M 0.2% · -5.9% | $57.0M 0.2% · +32.6% | $174.0M 0.5% · +205.3% | $160.0M 0.5% · -8.0% | $164.0M 0.4% · +2.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.