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Side-by-side financial comparison of CBRE Group (CBRE) and McDonald's (MCD). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($10.5B vs $7.0B, roughly 1.5× McDonald's). McDonald's runs the higher net margin — 30.9% vs 3.0%, a 27.9% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (22.0% vs 9.7%). McDonald's produced more free cash flow last quarter ($1.6B vs $-605.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (13.0% CAGR vs 6.6%).
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
McDonald's Corporation, doing business as McDonald's, is an American multinational fast food restaurant chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea.
CBRE vs MCD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.5B | $7.0B |
| Net Profit | $318.0M | $2.2B |
| Gross Margin | 17.6% | — |
| Operating Margin | 4.9% | 45.0% |
| Net Margin | 3.0% | 30.9% |
| Revenue YoY | 22.0% | 9.7% |
| Net Profit YoY | 95.1% | 7.3% |
| EPS (diluted) | — | $3.03 |
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 | $10.5B | — | ||
| Q4 25 | $11.5B | $7.0B | ||
| Q3 25 | $10.1B | $7.1B | ||
| Q2 25 | $9.6B | $6.8B | ||
| Q1 25 | $8.8B | $6.0B | ||
| Q4 24 | $10.2B | $6.4B | ||
| Q3 24 | $8.8B | $6.9B | ||
| Q2 24 | $8.2B | $6.5B |
| Q1 26 | $318.0M | — | ||
| Q4 25 | $416.0M | $2.2B | ||
| Q3 25 | $363.0M | $2.3B | ||
| Q2 25 | $215.0M | $2.3B | ||
| Q1 25 | $163.0M | $1.9B | ||
| Q4 24 | $487.0M | $2.0B | ||
| Q3 24 | $225.0M | $2.3B | ||
| Q2 24 | $130.0M | $2.0B |
| Q1 26 | 17.6% | — | ||
| Q4 25 | 17.3% | — | ||
| Q3 25 | 17.7% | 90.6% | ||
| Q2 25 | 17.1% | 90.4% | ||
| Q1 25 | 17.1% | 89.6% | ||
| Q4 24 | 18.7% | — | ||
| Q3 24 | 18.1% | 90.6% | ||
| Q2 24 | 17.6% | 90.3% |
| Q1 26 | 4.9% | — | ||
| Q4 25 | 5.4% | 45.0% | ||
| Q3 25 | 4.8% | 47.4% | ||
| Q2 25 | 3.9% | 47.2% | ||
| Q1 25 | 3.1% | 44.5% | ||
| Q4 24 | 5.8% | 44.9% | ||
| Q3 24 | 4.2% | 46.4% | ||
| Q2 24 | 3.0% | 45.0% |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.6% | 30.9% | ||
| Q3 25 | 3.6% | 32.2% | ||
| Q2 25 | 2.2% | 32.9% | ||
| Q1 25 | 1.9% | 31.4% | ||
| Q4 24 | 4.8% | 31.6% | ||
| Q3 24 | 2.5% | 32.8% | ||
| Q2 24 | 1.6% | 31.2% |
| Q1 26 | — | — | ||
| Q4 25 | $1.38 | $3.03 | ||
| Q3 25 | $1.21 | $3.18 | ||
| Q2 25 | $0.72 | $3.14 | ||
| Q1 25 | $0.54 | $2.60 | ||
| Q4 24 | $1.58 | $2.80 | ||
| Q3 24 | $0.73 | $3.13 | ||
| Q2 24 | $0.42 | $2.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7B | $774.0M |
| Total DebtLower is stronger | $5.1B | $40.0B |
| Stockholders' EquityBook value | $8.9B | $-1.8B |
| Total Assets | $30.2B | $59.5B |
| Debt / EquityLower = less leverage | 0.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.9B | $774.0M | ||
| Q3 25 | $1.7B | $2.4B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $928.0M | $792.0M |
| Q1 26 | $5.1B | — | ||
| Q4 25 | — | $40.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $38.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $8.9B | — | ||
| Q4 25 | $8.9B | $-1.8B | ||
| Q3 25 | $8.5B | $-2.2B | ||
| Q2 25 | $8.3B | $-2.8B | ||
| Q1 25 | $8.3B | $-3.5B | ||
| Q4 24 | $8.4B | $-3.8B | ||
| Q3 24 | $8.7B | $-5.2B | ||
| Q2 24 | $8.4B | $-4.8B |
| Q1 26 | $30.2B | — | ||
| Q4 25 | $30.9B | $59.5B | ||
| Q3 25 | $28.6B | $60.6B | ||
| Q2 25 | $27.7B | $59.6B | ||
| Q1 25 | $26.4B | $56.3B | ||
| Q4 24 | $24.4B | $55.2B | ||
| Q3 24 | $24.8B | $56.2B | ||
| Q2 24 | $23.5B | $53.8B |
| Q1 26 | 0.57× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-825.0M | $2.7B |
| Free Cash FlowOCF − Capex | $-605.0M | $1.6B |
| FCF MarginFCF / Revenue | -5.7% | 23.4% |
| Capex IntensityCapex / Revenue | 0.8% | 15.1% |
| Cash ConversionOCF / Net Profit | -2.59× | 1.25× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $7.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-825.0M | — | ||
| Q4 25 | $1.2B | $2.7B | ||
| Q3 25 | $827.0M | $3.4B | ||
| Q2 25 | $57.0M | $2.0B | ||
| Q1 25 | $-546.0M | $2.4B | ||
| Q4 24 | $1.3B | $2.6B | ||
| Q3 24 | $573.0M | $2.7B | ||
| Q2 24 | $287.0M | $1.7B |
| Q1 26 | $-605.0M | — | ||
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $743.0M | $2.4B | ||
| Q2 25 | $-17.0M | $1.3B | ||
| Q1 25 | $-610.0M | $1.9B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $494.0M | $1.9B | ||
| Q2 24 | $220.0M | $1.1B |
| Q1 26 | -5.7% | — | ||
| Q4 25 | 9.4% | 23.4% | ||
| Q3 25 | 7.4% | 34.1% | ||
| Q2 25 | -0.2% | 18.3% | ||
| Q1 25 | -7.0% | 31.5% | ||
| Q4 24 | 12.2% | 28.6% | ||
| Q3 24 | 5.6% | 28.3% | ||
| Q2 24 | 2.7% | 16.3% |
| Q1 26 | 0.8% | — | ||
| Q4 25 | 1.3% | 15.1% | ||
| Q3 25 | 0.8% | 14.3% | ||
| Q2 25 | 0.8% | 10.9% | ||
| Q1 25 | 0.7% | 9.3% | ||
| Q4 24 | 0.9% | 12.6% | ||
| Q3 24 | 0.9% | 11.6% | ||
| Q2 24 | 0.8% | 9.7% |
| Q1 26 | -2.59× | — | ||
| Q4 25 | 2.94× | 1.25× | ||
| Q3 25 | 2.28× | 1.50× | ||
| Q2 25 | 0.27× | 0.89× | ||
| Q1 25 | -3.35× | 1.30× | ||
| Q4 24 | 2.75× | 1.30× | ||
| Q3 24 | 2.55× | 1.21× | ||
| Q2 24 | 2.21× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBRE
Segment breakdown not available.
MCD
| International Operated Markets | $3.6B | 51% |
| Other | $2.8B | 40% |
| International Developmental Licensed Marketsand Corporate | $633.0M | 9% |
