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Side-by-side financial comparison of CBRE Group (CBRE) and Eaton Corporation (ETN). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($11.5B vs $7.1B, roughly 1.6× Eaton Corporation). Eaton Corporation runs the higher net margin — 16.0% vs 3.6%, a 12.4% gap on every dollar of revenue. On growth, Eaton Corporation posted the faster year-over-year revenue change (13.1% vs 12.3%). Eaton Corporation produced more free cash flow last quarter ($1.6B vs $1.1B). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 9.0%).
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
Eaton Corporation plc is an Irish multinational power management company, with a primary administrative center in Beachwood, Ohio. Eaton has more than 85,000 employees and sells products to customers in more than 175 countries.
CBRE vs ETN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $11.5B | $7.1B |
| Net Profit | $416.0M | $1.1B |
| Gross Margin | 17.3% | 36.8% |
| Operating Margin | 5.4% | 18.3% |
| Net Margin | 3.6% | 16.0% |
| Revenue YoY | 12.3% | 13.1% |
| Net Profit YoY | -14.6% | 16.5% |
| EPS (diluted) | $1.38 | $2.90 |
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 | $11.5B | $7.1B | ||
| Q3 25 | $10.1B | $7.0B | ||
| Q2 25 | $9.6B | $7.0B | ||
| Q1 25 | $8.8B | $6.4B | ||
| Q4 24 | $10.2B | $6.2B | ||
| Q3 24 | $8.8B | $6.3B | ||
| Q2 24 | $8.2B | $6.3B | ||
| Q1 24 | $7.8B | $5.9B |
| Q4 25 | $416.0M | $1.1B | ||
| Q3 25 | $363.0M | $1.0B | ||
| Q2 25 | $215.0M | $982.0M | ||
| Q1 25 | $163.0M | $964.0M | ||
| Q4 24 | $487.0M | $971.0M | ||
| Q3 24 | $225.0M | $1.0B | ||
| Q2 24 | $130.0M | $993.0M | ||
| Q1 24 | $126.0M | $821.0M |
| Q4 25 | 17.3% | 36.8% | ||
| Q3 25 | 17.7% | 38.3% | ||
| Q2 25 | 17.1% | 37.0% | ||
| Q1 25 | 17.1% | 38.4% | ||
| Q4 24 | 18.7% | 38.9% | ||
| Q3 24 | 18.1% | 38.6% | ||
| Q2 24 | 17.6% | 38.0% | ||
| Q1 24 | 17.1% | 37.3% |
| Q4 25 | 5.4% | 18.3% | ||
| Q3 25 | 4.8% | 18.2% | ||
| Q2 25 | 3.9% | 16.9% | ||
| Q1 25 | 3.1% | 18.5% | ||
| Q4 24 | 5.8% | 18.7% | ||
| Q3 24 | 4.2% | 19.0% | ||
| Q2 24 | 3.0% | 18.8% | ||
| Q1 24 | 2.6% | 16.8% |
| Q4 25 | 3.6% | 16.0% | ||
| Q3 25 | 3.6% | 14.5% | ||
| Q2 25 | 2.2% | 14.0% | ||
| Q1 25 | 1.9% | 15.1% | ||
| Q4 24 | 4.8% | 15.6% | ||
| Q3 24 | 2.5% | 15.9% | ||
| Q2 24 | 1.6% | 15.6% | ||
| Q1 24 | 1.6% | 13.8% |
| Q4 25 | $1.38 | $2.90 | ||
| Q3 25 | $1.21 | $2.59 | ||
| Q2 25 | $0.72 | $2.51 | ||
| Q1 25 | $0.54 | $2.45 | ||
| Q4 24 | $1.58 | $2.45 | ||
| Q3 24 | $0.73 | $2.53 | ||
| Q2 24 | $0.42 | $2.48 | ||
| Q1 24 | $0.41 | $2.04 |
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 | $803.0M |
| Total DebtLower is stronger | — | $8.8B |
| Stockholders' EquityBook value | $8.9B | $19.4B |
| Total Assets | $30.9B | $41.3B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $803.0M | ||
| Q3 25 | $1.7B | $565.0M | ||
| Q2 25 | $1.4B | $584.0M | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.1B | $2.1B | ||
| Q3 24 | $1.0B | $2.0B | ||
| Q2 24 | $928.0M | $2.8B | ||
| Q1 24 | $1.0B | $2.4B |
| Q4 25 | — | $8.8B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | — | $8.8B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.6B | ||
| Q1 24 | — | $8.2B |
| Q4 25 | $8.9B | $19.4B | ||
| Q3 25 | $8.5B | $18.8B | ||
| Q2 25 | $8.3B | $18.6B | ||
| Q1 25 | $8.3B | $18.5B | ||
| Q4 24 | $8.4B | $18.5B | ||
| Q3 24 | $8.7B | $19.1B | ||
| Q2 24 | $8.4B | $19.2B | ||
| Q1 24 | $8.3B | $19.3B |
| Q4 25 | $30.9B | $41.3B | ||
| Q3 25 | $28.6B | $40.6B | ||
| Q2 25 | $27.7B | $40.5B | ||
| Q1 25 | $26.4B | $39.2B | ||
| Q4 24 | $24.4B | $38.4B | ||
| Q3 24 | $24.8B | $39.2B | ||
| Q2 24 | $23.5B | $39.4B | ||
| Q1 24 | $23.0B | $38.5B |
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.45× | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | — | 0.42× |
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 | $2.0B |
| Free Cash FlowOCF − Capex | $1.1B | $1.6B |
| FCF MarginFCF / Revenue | 9.4% | 22.3% |
| Capex IntensityCapex / Revenue | 1.3% | 5.6% |
| Cash ConversionOCF / Net Profit | 2.94× | 1.74× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $3.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $827.0M | $1.4B | ||
| Q2 25 | $57.0M | $918.0M | ||
| Q1 25 | $-546.0M | $238.0M | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $573.0M | $1.3B | ||
| Q2 24 | $287.0M | $946.0M | ||
| Q1 24 | $-492.0M | $475.0M |
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $743.0M | $1.2B | ||
| Q2 25 | $-17.0M | $716.0M | ||
| Q1 25 | $-610.0M | $91.0M | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $494.0M | $1.1B | ||
| Q2 24 | $220.0M | $759.0M | ||
| Q1 24 | $-560.0M | $292.0M |
| Q4 25 | 9.4% | 22.3% | ||
| Q3 25 | 7.4% | 16.8% | ||
| Q2 25 | -0.2% | 10.2% | ||
| Q1 25 | -7.0% | 1.4% | ||
| Q4 24 | 12.2% | 21.5% | ||
| Q3 24 | 5.6% | 17.7% | ||
| Q2 24 | 2.7% | 12.0% | ||
| Q1 24 | -7.2% | 4.9% |
| Q4 25 | 1.3% | 5.6% | ||
| Q3 25 | 0.8% | 2.5% | ||
| Q2 25 | 0.8% | 2.9% | ||
| Q1 25 | 0.7% | 2.3% | ||
| Q4 24 | 0.9% | 4.1% | ||
| Q3 24 | 0.9% | 2.9% | ||
| Q2 24 | 0.8% | 2.9% | ||
| Q1 24 | 0.9% | 3.1% |
| Q4 25 | 2.94× | 1.74× | ||
| Q3 25 | 2.28× | 1.34× | ||
| Q2 25 | 0.27× | 0.93× | ||
| Q1 25 | -3.35× | 0.25× | ||
| Q4 24 | 2.75× | 1.64× | ||
| Q3 24 | 2.55× | 1.30× | ||
| Q2 24 | 2.21× | 0.95× | ||
| Q1 24 | -3.90× | 0.58× |
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% |
ETN
| Other | $1.8B | 26% |
| Electrical Global Segment | $1.7B | 24% |
| Aerospace Segment | $1.1B | 16% |
| Vehicle Segment | $586.0M | 8% |
| Original Equipment Manufacturers | $438.0M | 6% |
| Aftermarket Distribution And End User | $403.0M | 6% |
| Commercial | $341.0M | 5% |
| Industrialand Other | $269.0M | 4% |
| Passenger And Light Duty | $244.0M | 3% |
| E Mobility Segment | $124.0M | 2% |
