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Side-by-side financial comparison of Brookfield Business Partners L.P. (BBU) and CBRE Group (CBRE). Click either name above to swap in a different company.

CBRE Group is the larger business by last-quarter revenue ($10.5B vs $6.7B, roughly 1.6× Brookfield Business Partners L.P.). CBRE Group runs the higher net margin — 3.0% vs 2.0%, a 1.0% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (22.0% vs -44.0%).

Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its private equity group. It was formed through a spin-off from Brookfield Asset Management in June 2016.

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

BBU vs CBRE — Head-to-Head

Bigger by revenue
CBRE
CBRE
1.6× larger
CBRE
$10.5B
$6.7B
BBU
Growing faster (revenue YoY)
CBRE
CBRE
+66.0% gap
CBRE
22.0%
-44.0%
BBU
Higher net margin
CBRE
CBRE
1.0% more per $
CBRE
3.0%
2.0%
BBU

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BBU
BBU
CBRE
CBRE
Revenue
$6.7B
$10.5B
Net Profit
$135.0M
$318.0M
Gross Margin
17.6%
Operating Margin
4.9%
Net Margin
2.0%
3.0%
Revenue YoY
-44.0%
22.0%
Net Profit YoY
107.7%
95.1%
EPS (diluted)
$0.12

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.

Revenue
BBU
BBU
CBRE
CBRE
Q1 26
$10.5B
Q4 25
$11.5B
Q3 25
$10.1B
Q2 25
$6.7B
$9.6B
Q1 25
$8.8B
Q4 24
$10.2B
Q3 24
$8.8B
Q2 24
$11.9B
$8.2B
Net Profit
BBU
BBU
CBRE
CBRE
Q1 26
$318.0M
Q4 25
$416.0M
Q3 25
$363.0M
Q2 25
$135.0M
$215.0M
Q1 25
$163.0M
Q4 24
$487.0M
Q3 24
$225.0M
Q2 24
$65.0M
$130.0M
Gross Margin
BBU
BBU
CBRE
CBRE
Q1 26
17.6%
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%
Operating Margin
BBU
BBU
CBRE
CBRE
Q1 26
4.9%
Q4 25
5.4%
Q3 25
4.8%
Q2 25
3.9%
Q1 25
3.1%
Q4 24
5.8%
Q3 24
4.2%
Q2 24
3.0%
Net Margin
BBU
BBU
CBRE
CBRE
Q1 26
3.0%
Q4 25
3.6%
Q3 25
3.6%
Q2 25
2.0%
2.2%
Q1 25
1.9%
Q4 24
4.8%
Q3 24
2.5%
Q2 24
0.5%
1.6%
EPS (diluted)
BBU
BBU
CBRE
CBRE
Q1 26
Q4 25
$1.38
Q3 25
$1.21
Q2 25
$0.12
$0.72
Q1 25
$0.54
Q4 24
$1.58
Q3 24
$0.73
Q2 24
$-0.10
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBU
BBU
CBRE
CBRE
Cash + ST InvestmentsLiquidity on hand
$3.3B
$1.7B
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$15.3B
$8.9B
Total Assets
$75.3B
$30.2B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBU
BBU
CBRE
CBRE
Q1 26
$1.7B
Q4 25
$1.9B
Q3 25
$1.7B
Q2 25
$3.3B
$1.4B
Q1 25
$1.4B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$3.0B
$928.0M
Total Debt
BBU
BBU
CBRE
CBRE
Q1 26
$5.1B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BBU
BBU
CBRE
CBRE
Q1 26
$8.9B
Q4 25
$8.9B
Q3 25
$8.5B
Q2 25
$15.3B
$8.3B
Q1 25
$8.3B
Q4 24
$8.4B
Q3 24
$8.7B
Q2 24
$18.2B
$8.4B
Total Assets
BBU
BBU
CBRE
CBRE
Q1 26
$30.2B
Q4 25
$30.9B
Q3 25
$28.6B
Q2 25
$75.3B
$27.7B
Q1 25
$26.4B
Q4 24
$24.4B
Q3 24
$24.8B
Q2 24
$81.5B
$23.5B
Debt / Equity
BBU
BBU
CBRE
CBRE
Q1 26
0.57×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBU
BBU
CBRE
CBRE
Operating Cash FlowLast quarter
$-825.0M
Free Cash FlowOCF − Capex
$-605.0M
FCF MarginFCF / Revenue
-5.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
-2.59×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBU
BBU
CBRE
CBRE
Q1 26
$-825.0M
Q4 25
$1.2B
Q3 25
$827.0M
Q2 25
$57.0M
Q1 25
$-546.0M
Q4 24
$1.3B
Q3 24
$573.0M
Q2 24
$287.0M
Free Cash Flow
BBU
BBU
CBRE
CBRE
Q1 26
$-605.0M
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
FCF Margin
BBU
BBU
CBRE
CBRE
Q1 26
-5.7%
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%
Capex Intensity
BBU
BBU
CBRE
CBRE
Q1 26
0.8%
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%
Cash Conversion
BBU
BBU
CBRE
CBRE
Q1 26
-2.59×
Q4 25
2.94×
Q3 25
2.28×
Q2 25
0.27×
Q1 25
-3.35×
Q4 24
2.75×
Q3 24
2.55×
Q2 24
2.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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