CBRE
CBRE Group, Inc.Evidence as of 2026-09-30The desk's Snapshot
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Overview · CBRE Group, Inc.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices; industrial and retail space; property sale…
Management team
- Mr. Daniel G. Queenan J.D. · Chief Executive Officer of Trammell Crow CoFind on LinkedIn
- Mr. Chad J. Doellinger · Executive VP, Chief Legal & Administrative Officer And Corporate SecretaryFind on LinkedIn
- Mr. Vikramaditya Kohli · COO & CEO of Advisory ServicesFind on LinkedIn
- Ms. Emma E. Giamartino · Chief Financial OfficerFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
+0.0 on a −2 to +2 scale (was −0.0 before the debate changed the read).
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
Mixed evidence balances around CBRE's recent operating and financing picture, with high confidence in the surviving claims. Revenues rose from $ 10,527,000,000 in the fiscal quarter ended 2026-04-21 to $ 11,226,000,000 in the fiscal quarter ended 2026-07-27, while operating income fell from $ 511,000,000 to $ 365,000,000 over the same two fiscal quarters and cost of revenue increased from $ 8,675,000,000 to $ 9,140,000,000. Diluted EPS declined from $ 1.07 to $ 0.69 across those quarters, reported common shares outstanding decreased from 295,158,554 as of 2026-02-10 to 289,575,298 as of 2026-07-27, and the firm disclosed $ 530,000,000 of share-repurchase payments in the fiscal quarter ended 2026-04-21.
On the balance sheet, cash and cash equivalents fell from $ 1,664,000,000 as of 2026-03-31 to $ 1,489,000,000 as of 2026-06-30, long-term noncurrent debt increased from $ 5,021,000,000 to $ 5,731,000,000 over the same dates, and stockholders' equity moved from $ 8,520,000,000 to $ 8,398,000,000. Trailing twelve‑month metrics show negative free cash flow of $ -2,802,178,000 (FCF per share - $ 9.5358), trailing EPS of $ 3.69, EBITDA of $ 2,429,000,000, a P/E of 35.46 and an EV/EBITDA of 16.05 at the reported price of $ 130.84 and enterprise value $ 38,973,332,990. Filings also emphasize credit-market sensitivity, foreign-exchange exposure (about 43.6% of 2025 revenue transacted in non‑USD currencies), and updated IT/AI/cybersecurity risk language.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Revenues rose from $10,527,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31) to $11,226,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30).
XBRL companyfacts · 0001138118-26-000024Operating income fell from $511,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31) to $365,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30), while cost of revenue increased from $8,675,000,000 in fiscal Q1 2026 to $9,140,000,000 in fiscal Q2 2026.
XBRL companyfacts · 0001138118-26-000024Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
In the 10-K filed 12 February 2026, management states CBRE is "the worlds largest commercial real estate services and investment firm (based on 2025 revenue)".
10-K filed 2026-02-12The risk-factor diff (present in the 10-K filed 12 February 2026) added disclosure that "Our investment management, development services, capital markets (including property sales and mortgage origination) and loan servicing businesses are sensitive to credit cost and availability as well as financial liquidity," highlighting credit market sensitivity as a newly emphasized risk.
10-K filed 2026-02-12Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
13F holdings reported for the quarter ended 2026-06-30 show total institutional reported value of "$37.41B" in CBRE.
13F holdings · 1076 filers · as of 2026-06-30The top five institutional holders listed in the 13F data for the quarter ended 2026-06-30 are BlackRock, Inc. ($3.73B), VANGUARD PORTFOLIO MANAGEMENT LLC ($3.48B), VANGUARD CAPITAL MANAGEMENT LLC ($2.58B), STATE STREET CORP ($1.93B), and PRINCIPAL FINANCIAL GROUP INC ($1.38B).
13F holdings · 1076 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
An article on 28 September 2026 frames market participants as 'reassessing' CBRE, focusing on investor assessment of the firm's commercial real-estate services, catalysts, and execution risks.
News · kalkinemedia.com · 2026-09-28A 25 September 2026 report highlights CBRE's view that Asia-Pacific hotels are a 'most compelling' investment, noting regional investment rose 21% to US$8 billion in the first six months (as described in the headline and summary).
News · scmp.com · 2026-09-25Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Trailing twelve-month free cash flow (FCF) is negative $2,802,178,000 and FCF per share is -$9.5358 for the period covered by the filings.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve-month earnings per share (EPS) is $3.69 while trailing twelve-month operating income is $1,731,000,000 and EBITDA is $2,429,000,000.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
The quarter-to-quarter revenue increase (fundamentals-0) and the company's active share repurchases alongside a decline in outstanding shares (fundamentals-3) jointly support a favorable read: these items are direct, contemporaneous filing metrics and constitute strong primary evidence of top-line momentum and shareholder-capital deployment. Large institutional ownership, recent inflows and a substantial quarter-over-quarter reported institutional value change (ownership-0, ownership-3, ownership-4) are high-confidence data points that reflect meaningful market endorsement in the reporting period. Additional supportive evidence includes the firm's scale designation in the 10-K (filings-0) and positive trailing twelve-month EPS/EBITDA metrics (valuation-1), which are solid filing-derived indicators of ongoing earnings-generation capacity despite short-term quarterly earnings variability. The bear case points—quarterly operating-profit and EPS declines, cash reduction and rising long-term debt, and negative trailing FCF (fundamentals-1, fundamentals-2, fundamentals-4, valuation-0, valuation-2, valuation-3)—are factual and drawn from filings, but several are partially counterbalanced by the contemporaneous revenue growth, EBITDA positivity, and sizable institutional positioning; the strength of those negative data points is medium-to-strong (direct filings), while the offsetting positives are also strong (direct filings and 13F data).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.40
25 surviving claims rest on 9 distinct sources; the heaviest analyst carries 24% of them, and 94% of what the desk raised survived the debate.
The surviving read is supported by a moderate breadth of sources but a non-trivial concentration: several claims come from the same filings, so weaknesses in a single primary filing would affect multiple claims. One analyst producing nearly a quarter of the claims indicates some analyst-dependence risk, while the very high survival rate from the debate means the desk largely retained its initial assertions — that strengthens internal consistency but does not eliminate source or reporting vulnerability.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
11 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer−0.2 to the score
4 documents· 3 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.5 to the score
2 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+1.7 to the score
3 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on CBRE Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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