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Side-by-side financial comparison of CBRE Group (CBRE) and Ferguson Enterprises Inc. (FERG). Click either name above to swap in a different company.

CBRE Group is the larger business by last-quarter revenue ($10.5B vs $8.2B, roughly 1.3× Ferguson Enterprises Inc.). Ferguson Enterprises Inc. runs the higher net margin — 7.0% vs 3.0%, a 4.0% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (22.0% vs 5.1%). Ferguson Enterprises Inc. produced more free cash flow last quarter ($312.0M vs $-605.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (13.0% CAGR vs 10.6%).

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

Ferguson Enterprises Inc., headquartered in Newport News, Virginia and organized in Delaware, is the largest U.S. distributor of plumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves and fittings (PVF), and water and wastewater products. The company receives 95% of its revenue in the United States and 5% of its revenue in Canada. The company has 36,000 suppliers and operates from 11 regional distribution centers, four MDCs, approximately 5,900 f...

CBRE vs FERG — Head-to-Head

Bigger by revenue
CBRE
CBRE
1.3× larger
CBRE
$10.5B
$8.2B
FERG
Growing faster (revenue YoY)
CBRE
CBRE
+16.9% gap
CBRE
22.0%
5.1%
FERG
Higher net margin
FERG
FERG
4.0% more per $
FERG
7.0%
3.0%
CBRE
More free cash flow
FERG
FERG
$917.0M more FCF
FERG
$312.0M
$-605.0M
CBRE
Faster 2-yr revenue CAGR
CBRE
CBRE
Annualised
CBRE
13.0%
10.6%
FERG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBRE
CBRE
FERG
FERG
Revenue
$10.5B
$8.2B
Net Profit
$318.0M
$570.0M
Gross Margin
17.6%
30.7%
Operating Margin
4.9%
9.4%
Net Margin
3.0%
7.0%
Revenue YoY
22.0%
5.1%
Net Profit YoY
95.1%
21.3%
EPS (diluted)
$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.

Revenue
CBRE
CBRE
FERG
FERG
Q1 26
$10.5B
Q4 25
$11.5B
$8.2B
Q3 25
$10.1B
$8.5B
Q2 25
$9.6B
$7.6B
Q1 25
$8.8B
$6.9B
Q4 24
$10.2B
$7.8B
Q3 24
$8.8B
$7.9B
Q2 24
$8.2B
$7.3B
Net Profit
CBRE
CBRE
FERG
FERG
Q1 26
$318.0M
Q4 25
$416.0M
$570.0M
Q3 25
$363.0M
$700.0M
Q2 25
$215.0M
$410.0M
Q1 25
$163.0M
$276.0M
Q4 24
$487.0M
$470.0M
Q3 24
$225.0M
$451.0M
Q2 24
$130.0M
$443.0M
Gross Margin
CBRE
CBRE
FERG
FERG
Q1 26
17.6%
Q4 25
17.3%
30.7%
Q3 25
17.7%
31.7%
Q2 25
17.1%
31.0%
Q1 25
17.1%
29.7%
Q4 24
18.7%
30.1%
Q3 24
18.1%
31.0%
Q2 24
17.6%
30.5%
Operating Margin
CBRE
CBRE
FERG
FERG
Q1 26
4.9%
Q4 25
5.4%
9.4%
Q3 25
4.8%
10.9%
Q2 25
3.9%
8.0%
Q1 25
3.1%
6.0%
Q4 24
5.8%
8.6%
Q3 24
4.2%
10.2%
Q2 24
3.0%
8.6%
Net Margin
CBRE
CBRE
FERG
FERG
Q1 26
3.0%
Q4 25
3.6%
7.0%
Q3 25
3.6%
8.2%
Q2 25
2.2%
5.4%
Q1 25
1.9%
4.0%
Q4 24
4.8%
6.0%
Q3 24
2.5%
5.7%
Q2 24
1.6%
6.1%
EPS (diluted)
CBRE
CBRE
FERG
FERG
Q1 26
Q4 25
$1.38
$2.90
Q3 25
$1.21
$3.53
Q2 25
$0.72
$2.07
Q1 25
$0.54
$1.38
Q4 24
$1.58
$2.34
Q3 24
$0.73
$2.23
Q2 24
$0.42
$2.18

Balance Sheet & Financial Strength

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

Metric
CBRE
CBRE
FERG
FERG
Cash + ST InvestmentsLiquidity on hand
$1.7B
$526.0M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$8.9B
$6.1B
Total Assets
$30.2B
$17.7B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
FERG
FERG
Q1 26
$1.7B
Q4 25
$1.9B
$526.0M
Q3 25
$1.7B
$674.0M
Q2 25
$1.4B
$519.0M
Q1 25
$1.4B
$764.0M
Q4 24
$1.1B
$601.0M
Q3 24
$1.0B
$571.0M
Q2 24
$928.0M
Total Debt
CBRE
CBRE
FERG
FERG
Q1 26
$5.1B
Q4 25
Q3 25
$4.2B
Q2 25
Q1 25
Q4 24
Q3 24
$4.0B
Q2 24
Stockholders' Equity
CBRE
CBRE
FERG
FERG
Q1 26
$8.9B
Q4 25
$8.9B
$6.1B
Q3 25
$8.5B
$5.8B
Q2 25
$8.3B
$5.5B
Q1 25
$8.3B
$5.5B
Q4 24
$8.4B
$5.7B
Q3 24
$8.7B
$5.6B
Q2 24
$8.4B
$5.5B
Total Assets
CBRE
CBRE
FERG
FERG
Q1 26
$30.2B
Q4 25
$30.9B
$17.7B
Q3 25
$28.6B
$17.7B
Q2 25
$27.7B
$17.3B
Q1 25
$26.4B
$16.5B
Q4 24
$24.4B
$16.9B
Q3 24
$24.8B
$16.6B
Q2 24
$23.5B
Debt / Equity
CBRE
CBRE
FERG
FERG
Q1 26
0.57×
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
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
CBRE
CBRE
FERG
FERG
Operating Cash FlowLast quarter
$-825.0M
$430.0M
Free Cash FlowOCF − Capex
$-605.0M
$312.0M
FCF MarginFCF / Revenue
-5.7%
3.8%
Capex IntensityCapex / Revenue
0.8%
1.4%
Cash ConversionOCF / Net Profit
-2.59×
0.75×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
FERG
FERG
Q1 26
$-825.0M
Q4 25
$1.2B
$430.0M
Q3 25
$827.0M
$541.0M
Q2 25
$57.0M
$682.0M
Q1 25
$-546.0M
$340.0M
Q4 24
$1.3B
$345.0M
Q3 24
$573.0M
Q2 24
$287.0M
Free Cash Flow
CBRE
CBRE
FERG
FERG
Q1 26
$-605.0M
Q4 25
$1.1B
$312.0M
Q3 25
$743.0M
Q2 25
$-17.0M
$605.0M
Q1 25
$-610.0M
$259.0M
Q4 24
$1.2B
$268.0M
Q3 24
$494.0M
Q2 24
$220.0M
FCF Margin
CBRE
CBRE
FERG
FERG
Q1 26
-5.7%
Q4 25
9.4%
3.8%
Q3 25
7.4%
Q2 25
-0.2%
7.9%
Q1 25
-7.0%
3.8%
Q4 24
12.2%
3.4%
Q3 24
5.6%
Q2 24
2.7%
Capex Intensity
CBRE
CBRE
FERG
FERG
Q1 26
0.8%
Q4 25
1.3%
1.4%
Q3 25
0.8%
Q2 25
0.8%
1.0%
Q1 25
0.7%
1.2%
Q4 24
0.9%
1.0%
Q3 24
0.9%
Q2 24
0.8%
Cash Conversion
CBRE
CBRE
FERG
FERG
Q1 26
-2.59×
Q4 25
2.94×
0.75×
Q3 25
2.28×
0.77×
Q2 25
0.27×
1.66×
Q1 25
-3.35×
1.23×
Q4 24
2.75×
0.73×
Q3 24
2.55×
Q2 24
2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBRE
CBRE

Segment breakdown not available.

FERG
FERG

United States Segment$7.8B95%
Other$412.0M5%

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