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Side-by-side financial comparison of CBRE Group (CBRE) and HP Inc. (HPQ). Click either name above to swap in a different company.
HP Inc. is the larger business by last-quarter revenue ($14.6B vs $11.5B, roughly 1.3× CBRE Group). HP Inc. runs the higher net margin — 5.4% vs 3.6%, a 1.8% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 4.2%). HP Inc. produced more free cash flow last quarter ($1.4B vs $1.1B). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 5.4%).
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
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California. Growing to become an influential high-tech powerhouse at the heart of Silicon Valley, the company was known for its progressive business philosophy, deemed the HP Way.
CBRE vs HPQ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $11.5B | $14.6B |
| Net Profit | $416.0M | $795.0M |
| Gross Margin | 17.3% | 20.2% |
| Operating Margin | 5.4% | 6.6% |
| Net Margin | 3.6% | 5.4% |
| Revenue YoY | 12.3% | 4.2% |
| Net Profit YoY | -14.6% | -12.3% |
| EPS (diluted) | $1.38 | $0.84 |
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 | $14.6B | ||
| Q3 25 | $10.1B | $13.9B | ||
| Q2 25 | $9.6B | $13.2B | ||
| Q1 25 | $8.8B | $13.5B | ||
| Q4 24 | $10.2B | $14.1B | ||
| Q3 24 | $8.8B | $13.5B | ||
| Q2 24 | $8.2B | $12.8B | ||
| Q1 24 | $7.8B | $13.2B |
| Q4 25 | $416.0M | $795.0M | ||
| Q3 25 | $363.0M | $763.0M | ||
| Q2 25 | $215.0M | $406.0M | ||
| Q1 25 | $163.0M | $565.0M | ||
| Q4 24 | $487.0M | $906.0M | ||
| Q3 24 | $225.0M | $640.0M | ||
| Q2 24 | $130.0M | $607.0M | ||
| Q1 24 | $126.0M | $622.0M |
| Q4 25 | 17.3% | 20.2% | ||
| Q3 25 | 17.7% | 20.5% | ||
| Q2 25 | 17.1% | 20.7% | ||
| Q1 25 | 17.1% | 21.0% | ||
| Q4 24 | 18.7% | 21.4% | ||
| Q3 24 | 18.1% | 21.5% | ||
| Q2 24 | 17.6% | 23.6% | ||
| Q1 24 | 17.1% | 21.9% |
| Q4 25 | 5.4% | 6.6% | ||
| Q3 25 | 4.8% | 5.1% | ||
| Q2 25 | 3.9% | 4.9% | ||
| Q1 25 | 3.1% | 6.3% | ||
| Q4 24 | 5.8% | 7.1% | ||
| Q3 24 | 4.2% | 7.0% | ||
| Q2 24 | 3.0% | 7.4% | ||
| Q1 24 | 2.6% | 7.1% |
| Q4 25 | 3.6% | 5.4% | ||
| Q3 25 | 3.6% | 5.5% | ||
| Q2 25 | 2.2% | 3.1% | ||
| Q1 25 | 1.9% | 4.2% | ||
| Q4 24 | 4.8% | 6.4% | ||
| Q3 24 | 2.5% | 4.7% | ||
| Q2 24 | 1.6% | 4.7% | ||
| Q1 24 | 1.6% | 4.7% |
| Q4 25 | $1.38 | $0.84 | ||
| Q3 25 | $1.21 | $0.80 | ||
| Q2 25 | $0.72 | $0.42 | ||
| Q1 25 | $0.54 | $0.59 | ||
| Q4 24 | $1.58 | $0.93 | ||
| Q3 24 | $0.73 | $0.65 | ||
| Q2 24 | $0.42 | $0.61 | ||
| Q1 24 | $0.41 | $0.62 |
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 | $3.7B |
| Total DebtLower is stronger | — | $9.7B |
| Stockholders' EquityBook value | $8.9B | $-346.0M |
| Total Assets | $30.9B | $41.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $3.7B | ||
| Q3 25 | $1.7B | $2.9B | ||
| Q2 25 | $1.4B | $2.7B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.1B | $3.2B | ||
| Q3 24 | $1.0B | $2.8B | ||
| Q2 24 | $928.0M | $2.4B | ||
| Q1 24 | $1.0B | $2.3B |
| Q4 25 | — | $9.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $9.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $8.9B | $-346.0M | ||
| Q3 25 | $8.5B | $-901.0M | ||
| Q2 25 | $8.3B | $-1.3B | ||
| Q1 25 | $8.3B | $-1.1B | ||
| Q4 24 | $8.4B | $-1.3B | ||
| Q3 24 | $8.7B | $-1.4B | ||
| Q2 24 | $8.4B | $-916.0M | ||
| Q1 24 | $8.3B | $-1.6B |
| Q4 25 | $30.9B | $41.8B | ||
| Q3 25 | $28.6B | $39.9B | ||
| Q2 25 | $27.7B | $38.8B | ||
| Q1 25 | $26.4B | $38.9B | ||
| Q4 24 | $24.4B | $39.9B | ||
| Q3 24 | $24.8B | $38.1B | ||
| Q2 24 | $23.5B | $37.4B | ||
| Q1 24 | $23.0B | $35.8B |
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 | $1.4B |
| FCF MarginFCF / Revenue | 9.4% | 9.7% |
| Capex IntensityCapex / Revenue | 1.3% | 1.3% |
| Cash ConversionOCF / Net Profit | 2.94× | 2.04× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $2.8B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $827.0M | $1.7B | ||
| Q2 25 | $57.0M | $38.0M | ||
| Q1 25 | $-546.0M | $374.0M | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $573.0M | $1.4B | ||
| Q2 24 | $287.0M | $581.0M | ||
| Q1 24 | $-492.0M | $121.0M |
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $743.0M | $1.4B | ||
| Q2 25 | $-17.0M | $-145.0M | ||
| Q1 25 | $-610.0M | $72.0M | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $494.0M | $1.3B | ||
| Q2 24 | $220.0M | $462.0M | ||
| Q1 24 | $-560.0M | $-37.0M |
| Q4 25 | 9.4% | 9.7% | ||
| Q3 25 | 7.4% | 10.4% | ||
| Q2 25 | -0.2% | -1.1% | ||
| Q1 25 | -7.0% | 0.5% | ||
| Q4 24 | 12.2% | 10.5% | ||
| Q3 24 | 5.6% | 9.3% | ||
| Q2 24 | 2.7% | 3.6% | ||
| Q1 24 | -7.2% | -0.3% |
| Q4 25 | 1.3% | 1.3% | ||
| Q3 25 | 0.8% | 1.5% | ||
| Q2 25 | 0.8% | 1.4% | ||
| Q1 25 | 0.7% | 2.2% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | 0.9% | 1.2% | ||
| Q2 24 | 0.8% | 0.9% | ||
| Q1 24 | 0.9% | 1.2% |
| Q4 25 | 2.94× | 2.04× | ||
| Q3 25 | 2.28× | 2.18× | ||
| Q2 25 | 0.27× | 0.09× | ||
| Q1 25 | -3.35× | 0.66× | ||
| Q4 24 | 2.75× | 1.79× | ||
| Q3 24 | 2.55× | 2.23× | ||
| Q2 24 | 2.21× | 0.96× | ||
| Q1 24 | -3.90× | 0.19× |
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% |
HPQ
| Commercial PS | $7.0B | 48% |
| Consumer PS | $3.4B | 23% |
| Supplies | $2.8B | 19% |
| Commercial Printing | $1.2B | 8% |
| Consumer Printing | $296.0M | 2% |
| Corporate Investments | $19.0M | 0% |
