vs
Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and CBRE Group (CBRE). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($11.5B vs $8.1B, roughly 1.4× Athene Holding Ltd.). Athene Holding Ltd. runs the higher net margin — 6.4% vs 3.6%, a 2.8% gap on every dollar of revenue. On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs 12.3%). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 19.2%).
Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.
CBRE can refer to:Canadian Brotherhood of Railway Employees, a railway trade union in Canada Chemical, Biological, Radiological and Explosive Defence Group, a counter-terrorism unit in Singapore CBRE Group, a multinational real estate corporation Certified broadcast radio engineer, a professional title regulated by The Society of Broadcast Engineers
ATHS vs CBRE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.1B | $11.5B |
| Net Profit | $523.0M | $416.0M |
| Gross Margin | — | 17.3% |
| Operating Margin | 16.9% | 5.4% |
| Net Margin | 6.4% | 3.6% |
| Revenue YoY | 115.1% | 12.3% |
| Net Profit YoY | -48.5% | -14.6% |
| EPS (diluted) | — | $1.38 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $8.1B | $11.5B | ||
| Q3 25 | $8.0B | $10.1B | ||
| Q2 25 | $5.4B | $9.6B | ||
| Q1 25 | $4.2B | $8.8B | ||
| Q4 24 | $3.8B | $10.2B | ||
| Q3 24 | $6.5B | $8.8B | ||
| Q2 24 | $4.7B | $8.2B | ||
| Q1 24 | $5.7B | $7.8B |
| Q4 25 | $523.0M | $416.0M | ||
| Q3 25 | $1.3B | $363.0M | ||
| Q2 25 | $464.0M | $215.0M | ||
| Q1 25 | $465.0M | $163.0M | ||
| Q4 24 | $1.0B | $487.0M | ||
| Q3 24 | $625.0M | $225.0M | ||
| Q2 24 | $629.0M | $130.0M | ||
| Q1 24 | $1.2B | $126.0M |
| Q4 25 | — | 17.3% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 17.1% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 17.1% |
| Q4 25 | 16.9% | 5.4% | ||
| Q3 25 | 26.8% | 4.8% | ||
| Q2 25 | 12.2% | 3.9% | ||
| Q1 25 | 22.3% | 3.1% | ||
| Q4 24 | 30.4% | 5.8% | ||
| Q3 24 | 25.7% | 4.2% | ||
| Q2 24 | 22.0% | 3.0% | ||
| Q1 24 | 31.1% | 2.6% |
| Q4 25 | 6.4% | 3.6% | ||
| Q3 25 | 15.7% | 3.6% | ||
| Q2 25 | 8.7% | 2.2% | ||
| Q1 25 | 11.1% | 1.9% | ||
| Q4 24 | 26.8% | 4.8% | ||
| Q3 24 | 9.6% | 2.5% | ||
| Q2 24 | 13.5% | 1.6% | ||
| Q1 24 | 20.8% | 1.6% |
| Q4 25 | — | $1.38 | ||
| Q3 25 | — | $1.21 | ||
| Q2 25 | — | $0.72 | ||
| Q1 25 | — | $0.54 | ||
| Q4 24 | — | $1.58 | ||
| Q3 24 | — | $0.73 | ||
| Q2 24 | — | $0.42 | ||
| Q1 24 | — | $0.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.9B |
| Total DebtLower is stronger | $7.8B | — |
| Stockholders' EquityBook value | $20.5B | $8.9B |
| Total Assets | $442.2B | $30.9B |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $928.0M | ||
| Q1 24 | $15.3B | $1.0B |
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $6.3B | — | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.7B | — |
| Q4 25 | $20.5B | $8.9B | ||
| Q3 25 | $20.4B | $8.5B | ||
| Q2 25 | $18.1B | $8.3B | ||
| Q1 25 | $17.5B | $8.3B | ||
| Q4 24 | $16.4B | $8.4B | ||
| Q3 24 | $17.4B | $8.7B | ||
| Q2 24 | $15.0B | $8.4B | ||
| Q1 24 | $14.8B | $8.3B |
| Q4 25 | $442.2B | $30.9B | ||
| Q3 25 | $429.9B | $28.6B | ||
| Q2 25 | $405.3B | $27.7B | ||
| Q1 25 | $381.5B | $26.4B | ||
| Q4 24 | $363.3B | $24.4B | ||
| Q3 24 | $355.0B | $24.8B | ||
| Q2 24 | $332.6B | $23.5B | ||
| Q1 24 | $320.6B | $23.0B |
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.38× | — | ||
| Q1 24 | 0.39× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $1.2B |
| Free Cash FlowOCF − Capex | — | $1.1B |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 1.3% |
| Cash ConversionOCF / Net Profit | 5.82× | 2.94× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $1.2B | ||
| Q3 25 | $636.0M | $827.0M | ||
| Q2 25 | $1.1B | $57.0M | ||
| Q1 25 | $426.0M | $-546.0M | ||
| Q4 24 | $386.0M | $1.3B | ||
| Q3 24 | $780.0M | $573.0M | ||
| Q2 24 | $525.0M | $287.0M | ||
| Q1 24 | $185.0M | $-492.0M |
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.0M | ||
| Q2 25 | — | $-17.0M | ||
| Q1 25 | — | $-610.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $494.0M | ||
| Q2 24 | — | $220.0M | ||
| Q1 24 | — | $-560.0M |
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | -0.2% | ||
| Q1 25 | — | -7.0% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | -7.2% |
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | 5.82× | 2.94× | ||
| Q3 25 | 0.51× | 2.28× | ||
| Q2 25 | 2.28× | 0.27× | ||
| Q1 25 | 0.92× | -3.35× | ||
| Q4 24 | 0.38× | 2.75× | ||
| Q3 24 | 1.25× | 2.55× | ||
| Q2 24 | 0.83× | 2.21× | ||
| Q1 24 | 0.16× | -3.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATHS
Segment breakdown not available.
CBRE
| Other | $5.8B | 51% |
| Project Management Segment | $2.2B | 19% |
| Advisory Leasing | $1.5B | 13% |
| Advisory Sales | $756.0M | 7% |
| Property Management | $695.0M | 6% |
| Investment Management Property Management Brokerage And Other Professional Services | $156.0M | 1% |
| Commercial Mortgage Origination | $95.0M | 1% |
| Other Portfolio Services | $87.0M | 1% |
| Loan Servicing | $73.0M | 1% |
| Real Estate Development Services | $60.0M | 1% |
