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Side-by-side financial comparison of CBRE Group (CBRE) and Danaher Corporation (DHR). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($11.5B vs $6.0B, roughly 1.9× Danaher Corporation). Danaher Corporation runs the higher net margin — 17.3% vs 3.6%, a 13.7% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 3.7%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $1.1B). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 1.8%).
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
Danaher CorporationDHREarnings & Financial Report
Danaher Corporation is an American healthcare company headquartered in Washington, D.C.. It develops products used for advances in biotechnology, life sciences, and diagnostics. The company operates three divisions: biotechnology, which develops products for the development of therapeutics; life sciences, which develops products to identify causes of disease, new therapies, and to test and manufacture new drugs, vaccines and gene editing technologies; and diagnostics, which develops instruments,...
CBRE vs DHR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $11.5B | $6.0B |
| Net Profit | $416.0M | $1.0B |
| Gross Margin | 17.3% | 60.3% |
| Operating Margin | 5.4% | 22.6% |
| Net Margin | 3.6% | 17.3% |
| Revenue YoY | 12.3% | 3.7% |
| Net Profit YoY | -14.6% | 7.9% |
| EPS (diluted) | $1.38 | $1.45 |
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.
| Q1 26 | — | $6.0B | ||
| Q4 25 | $11.5B | $6.8B | ||
| Q3 25 | $10.1B | $6.1B | ||
| Q2 25 | $9.6B | $5.9B | ||
| Q1 25 | $8.8B | $5.7B | ||
| Q4 24 | $10.2B | $6.5B | ||
| Q3 24 | $8.8B | $5.8B | ||
| Q2 24 | $8.2B | $5.7B |
| Q1 26 | — | $1.0B | ||
| Q4 25 | $416.0M | $1.2B | ||
| Q3 25 | $363.0M | $908.0M | ||
| Q2 25 | $215.0M | $555.0M | ||
| Q1 25 | $163.0M | $954.0M | ||
| Q4 24 | $487.0M | $1.1B | ||
| Q3 24 | $225.0M | $818.0M | ||
| Q2 24 | $130.0M | $907.0M |
| Q1 26 | — | 60.3% | ||
| Q4 25 | 17.3% | 58.0% | ||
| Q3 25 | 17.7% | 58.2% | ||
| Q2 25 | 17.1% | 59.3% | ||
| Q1 25 | 17.1% | 61.2% | ||
| Q4 24 | 18.7% | 59.5% | ||
| Q3 24 | 18.1% | 58.7% | ||
| Q2 24 | 17.6% | 59.7% |
| Q1 26 | — | 22.6% | ||
| Q4 25 | 5.4% | 22.0% | ||
| Q3 25 | 4.8% | 19.1% | ||
| Q2 25 | 3.9% | 12.8% | ||
| Q1 25 | 3.1% | 22.2% | ||
| Q4 24 | 5.8% | 21.8% | ||
| Q3 24 | 4.2% | 16.5% | ||
| Q2 24 | 3.0% | 20.3% |
| Q1 26 | — | 17.3% | ||
| Q4 25 | 3.6% | 17.5% | ||
| Q3 25 | 3.6% | 15.0% | ||
| Q2 25 | 2.2% | 9.3% | ||
| Q1 25 | 1.9% | 16.6% | ||
| Q4 24 | 4.8% | 16.6% | ||
| Q3 24 | 2.5% | 14.1% | ||
| Q2 24 | 1.6% | 15.8% |
| Q1 26 | — | $1.45 | ||
| Q4 25 | $1.38 | $1.69 | ||
| Q3 25 | $1.21 | $1.27 | ||
| Q2 25 | $0.72 | $0.77 | ||
| Q1 25 | $0.54 | $1.32 | ||
| Q4 24 | $1.58 | $1.50 | ||
| Q3 24 | $0.73 | $1.12 | ||
| Q2 24 | $0.42 | $1.22 |
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 | — | — |
| Stockholders' EquityBook value | $8.9B | — |
| Total Assets | $30.9B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | $18.4B | ||
| Q3 25 | — | $16.9B | ||
| Q2 25 | — | $17.4B | ||
| Q1 25 | — | $16.5B | ||
| Q4 24 | — | $16.0B | ||
| Q3 24 | — | $17.5B | ||
| Q2 24 | — | $17.0B |
| Q1 26 | — | — | ||
| Q4 25 | $8.9B | $52.5B | ||
| Q3 25 | $8.5B | $51.1B | ||
| Q2 25 | $8.3B | $52.3B | ||
| Q1 25 | $8.3B | $50.8B | ||
| Q4 24 | $8.4B | $49.5B | ||
| Q3 24 | $8.7B | $51.3B | ||
| Q2 24 | $8.4B | $49.9B |
| Q1 26 | — | — | ||
| Q4 25 | $30.9B | $83.5B | ||
| Q3 25 | $28.6B | $79.9B | ||
| Q2 25 | $27.7B | $81.6B | ||
| Q1 25 | $26.4B | $79.1B | ||
| Q4 24 | $24.4B | $77.5B | ||
| Q3 24 | $24.8B | $80.6B | ||
| Q2 24 | $23.5B | $78.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.34× |
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 | $1.2B | $1.3B |
| Free Cash FlowOCF − Capex | $1.1B | $1.1B |
| FCF MarginFCF / Revenue | 9.4% | 18.2% |
| Capex IntensityCapex / Revenue | 1.3% | 4.0% |
| Cash ConversionOCF / Net Profit | 2.94× | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $5.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $827.0M | $1.7B | ||
| Q2 25 | $57.0M | $1.3B | ||
| Q1 25 | $-546.0M | $1.3B | ||
| Q4 24 | $1.3B | $2.0B | ||
| Q3 24 | $573.0M | $1.5B | ||
| Q2 24 | $287.0M | $1.4B |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $743.0M | $1.4B | ||
| Q2 25 | $-17.0M | $1.1B | ||
| Q1 25 | $-610.0M | $1.1B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $494.0M | $1.2B | ||
| Q2 24 | $220.0M | $1.1B |
| Q1 26 | — | 18.2% | ||
| Q4 25 | 9.4% | 25.5% | ||
| Q3 25 | 7.4% | 22.6% | ||
| Q2 25 | -0.2% | 18.4% | ||
| Q1 25 | -7.0% | 18.4% | ||
| Q4 24 | 12.2% | 23.0% | ||
| Q3 24 | 5.6% | 21.0% | ||
| Q2 24 | 2.7% | 19.7% |
| Q1 26 | — | 4.0% | ||
| Q4 25 | 1.3% | 5.4% | ||
| Q3 25 | 0.8% | 4.8% | ||
| Q2 25 | 0.8% | 4.2% | ||
| Q1 25 | 0.7% | 4.3% | ||
| Q4 24 | 0.9% | 7.9% | ||
| Q3 24 | 0.9% | 5.1% | ||
| Q2 24 | 0.8% | 5.0% |
| Q1 26 | — | 1.28× | ||
| Q4 25 | 2.94× | 1.77× | ||
| Q3 25 | 2.28× | 1.83× | ||
| Q2 25 | 0.27× | 2.41× | ||
| Q1 25 | -3.35× | 1.36× | ||
| Q4 24 | 2.75× | 1.86× | ||
| Q3 24 | 2.55× | 1.85× | ||
| Q2 24 | 2.21× | 1.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
DHR
Segment breakdown not available.
