- CBRE Group, Inc. (CBRE, Financial) reported a 12% revenue increase to $8.9 billion in Q1 2025.
- GAAP EPS rose 32% to $0.54, while Core EPS grew 10% to $0.86.
- $600 million worth of shares repurchased since the end of 2024.
CBRE Group, Inc. (CBRE) announced its financial results for the first quarter ending March 31, 2025, showing strong performance across various business lines despite a challenging economic environment. The company reported a 12% rise in revenue to $8.9 billion, with net revenue also growing by 15% to $5.1 billion.
GAAP earnings per share (EPS) increased by 32%, reaching $0.54, while Core EPS saw a 10% rise to $0.86. The company's GAAP net income surged by 29% to $163 million. CBRE's resilient business segment net revenue grew 14% to $3.7 billion, while transactional business segment revenue increased 16% to $1.4 billion.
In terms of cash flow, CBRE reported more than $1.6 billion in net cash flow from operations over the trailing 12-month period, with nearly $1.5 billion in free cash flow. The company also repurchased nearly $600 million worth of shares since the year-end of 2024, indicating robust cash reserves and shareholder returns.
Bob Sulentic, Chair and CEO of CBRE, stated that the company had a strong start to 2025, with most businesses performing better than expected and a solid pipeline of new business opportunities. However, he noted that tariff-related uncertainties have somewhat clouded the outlook.
CBRE also announced the establishment of two new business segments resulting from acquisitions: Building Operations & Experience and Project Management. This reorganization aims to enhance strategic positioning and drive sustained growth.
