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Side-by-side financial comparison of CBRE Group (CBRE) and General Dynamics (GD). Click either name above to swap in a different company.
General Dynamics is the larger business by last-quarter revenue ($14.4B vs $11.5B, roughly 1.3× CBRE Group). General Dynamics runs the higher net margin — 7.9% vs 3.6%, a 4.3% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 7.8%). CBRE Group produced more free cash flow last quarter ($1.1B vs $952.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 15.8%).
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
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S.
CBRE vs GD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $11.5B | $14.4B |
| Net Profit | $416.0M | $1.1B |
| Gross Margin | 17.3% | — |
| Operating Margin | 5.4% | 10.1% |
| Net Margin | 3.6% | 7.9% |
| Revenue YoY | 12.3% | 7.8% |
| Net Profit YoY | -14.6% | -0.4% |
| 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 | $11.5B | $14.4B | ||
| Q3 25 | $10.1B | $12.9B | ||
| Q2 25 | $9.6B | $13.0B | ||
| Q1 25 | $8.8B | $12.2B | ||
| Q4 24 | $10.2B | $13.3B | ||
| Q3 24 | $8.8B | $11.7B | ||
| Q2 24 | $8.2B | $12.0B | ||
| Q1 24 | $7.8B | $10.7B |
| Q4 25 | $416.0M | $1.1B | ||
| Q3 25 | $363.0M | $1.1B | ||
| Q2 25 | $215.0M | $1.0B | ||
| Q1 25 | $163.0M | $994.0M | ||
| Q4 24 | $487.0M | $1.1B | ||
| Q3 24 | $225.0M | $930.0M | ||
| Q2 24 | $130.0M | $905.0M | ||
| Q1 24 | $126.0M | $799.0M |
| 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 | 5.4% | 10.1% | ||
| Q3 25 | 4.8% | 10.3% | ||
| Q2 25 | 3.9% | 10.0% | ||
| Q1 25 | 3.1% | 10.4% | ||
| Q4 24 | 5.8% | 10.7% | ||
| Q3 24 | 4.2% | 10.1% | ||
| Q2 24 | 3.0% | 9.7% | ||
| Q1 24 | 2.6% | 9.7% |
| Q4 25 | 3.6% | 7.9% | ||
| Q3 25 | 3.6% | 8.2% | ||
| Q2 25 | 2.2% | 7.8% | ||
| Q1 25 | 1.9% | 8.1% | ||
| Q4 24 | 4.8% | 8.6% | ||
| Q3 24 | 2.5% | 8.0% | ||
| Q2 24 | 1.6% | 7.6% | ||
| Q1 24 | 1.6% | 7.4% |
| 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 | $2.3B |
| Total DebtLower is stronger | — | $8.1B |
| Stockholders' EquityBook value | $8.9B | $25.6B |
| Total Assets | $30.9B | $57.2B |
| Debt / EquityLower = less leverage | — | 0.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $2.3B | ||
| Q3 25 | $1.7B | $2.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.0B | $2.1B | ||
| Q2 24 | $928.0M | $1.4B | ||
| Q1 24 | $1.0B | $1.0B |
| Q4 25 | — | $8.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $8.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $8.9B | $25.6B | ||
| Q3 25 | $8.5B | $24.4B | ||
| Q2 25 | $8.3B | $23.6B | ||
| Q1 25 | $8.3B | $22.2B | ||
| Q4 24 | $8.4B | $22.1B | ||
| Q3 24 | $8.7B | $23.0B | ||
| Q2 24 | $8.4B | $22.0B | ||
| Q1 24 | $8.3B | $21.4B |
| Q4 25 | $30.9B | $57.2B | ||
| Q3 25 | $28.6B | $57.6B | ||
| Q2 25 | $27.7B | $56.9B | ||
| Q1 25 | $26.4B | $56.6B | ||
| Q4 24 | $24.4B | $55.9B | ||
| Q3 24 | $24.8B | $57.3B | ||
| Q2 24 | $23.5B | $55.4B | ||
| Q1 24 | $23.0B | $55.2B |
| Q4 25 | — | 0.32× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $1.6B |
| Free Cash FlowOCF − Capex | $1.1B | $952.0M |
| FCF MarginFCF / Revenue | 9.4% | 6.6% |
| Capex IntensityCapex / Revenue | 1.3% | 4.2% |
| Cash ConversionOCF / Net Profit | 2.94× | 1.37× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $4.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $827.0M | $2.1B | ||
| Q2 25 | $57.0M | $1.6B | ||
| Q1 25 | $-546.0M | $-148.0M | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $573.0M | $1.4B | ||
| Q2 24 | $287.0M | $814.0M | ||
| Q1 24 | $-492.0M | $-278.0M |
| Q4 25 | $1.1B | $952.0M | ||
| Q3 25 | $743.0M | $1.9B | ||
| Q2 25 | $-17.0M | $1.4B | ||
| Q1 25 | $-610.0M | $-290.0M | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $494.0M | $1.2B | ||
| Q2 24 | $220.0M | $613.0M | ||
| Q1 24 | $-560.0M | $-437.0M |
| Q4 25 | 9.4% | 6.6% | ||
| Q3 25 | 7.4% | 14.7% | ||
| Q2 25 | -0.2% | 10.7% | ||
| Q1 25 | -7.0% | -2.4% | ||
| Q4 24 | 12.2% | 13.5% | ||
| Q3 24 | 5.6% | 10.4% | ||
| Q2 24 | 2.7% | 5.1% | ||
| Q1 24 | -7.2% | -4.1% |
| Q4 25 | 1.3% | 4.2% | ||
| Q3 25 | 0.8% | 1.6% | ||
| Q2 25 | 0.8% | 1.5% | ||
| Q1 25 | 0.7% | 1.2% | ||
| Q4 24 | 0.9% | 2.7% | ||
| Q3 24 | 0.9% | 1.7% | ||
| Q2 24 | 0.8% | 1.7% | ||
| Q1 24 | 0.9% | 1.5% |
| Q4 25 | 2.94× | 1.37× | ||
| Q3 25 | 2.28× | 1.99× | ||
| Q2 25 | 0.27× | 1.58× | ||
| Q1 25 | -3.35× | -0.15× | ||
| Q4 24 | 2.75× | 1.88× | ||
| Q3 24 | 2.55× | 1.52× | ||
| Q2 24 | 2.21× | 0.90× | ||
| Q1 24 | -3.90× | -0.35× |
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% |
GD
| Aerospace | $3.8B | 26% |
| Cost Reimbursement | $2.5B | 17% |
| Information Technology Services | $2.1B | 15% |
| Militaryvehicles | $1.2B | 9% |
| C5ISR Solutions | $1.1B | 8% |
| Aircraft Services | $965.0M | 7% |
| Weapons Systemsand Munitions | $935.0M | 7% |
| Surfaceships | $920.0M | 6% |
| Engineeringand Other Services | $360.0M | 3% |
| Repairand Other Services | $344.0M | 2% |
| Contracts Accounted For Under Percentage Of Completion | $88.0M | 1% |
