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Side-by-side financial comparison of CBRE Group (CBRE) and NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN). Click either name above to swap in a different company.

CBRE Group is the larger business by last-quarter revenue ($11.5B vs $205.6K, roughly 55728.0× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). CBRE Group runs the higher net margin — 3.6% vs -677.3%, a 681.0% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 8.4%). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 6.0%).

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

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

CBRE vs NEN — Head-to-Head

Bigger by revenue
CBRE
CBRE
55728.0× larger
CBRE
$11.5B
$205.6K
NEN
Growing faster (revenue YoY)
CBRE
CBRE
+3.9% gap
CBRE
12.3%
8.4%
NEN
Higher net margin
CBRE
CBRE
681.0% more per $
CBRE
3.6%
-677.3%
NEN
Faster 2-yr revenue CAGR
CBRE
CBRE
Annualised
CBRE
21.1%
6.0%
NEN

Income Statement — Q4 2025 vs Q4 2025

Metric
CBRE
CBRE
NEN
NEN
Revenue
$11.5B
$205.6K
Net Profit
$416.0M
$-1.4M
Gross Margin
17.3%
Operating Margin
5.4%
Net Margin
3.6%
-677.3%
Revenue YoY
12.3%
8.4%
Net Profit YoY
-14.6%
-133.0%
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.

Revenue
CBRE
CBRE
NEN
NEN
Q4 25
$11.5B
$205.6K
Q3 25
$10.1B
$195.4K
Q2 25
$9.6B
$202.1K
Q1 25
$8.8B
$192.8K
Q4 24
$10.2B
$189.7K
Q3 24
$8.8B
$187.9K
Q2 24
$8.2B
$209.0K
Q1 24
$7.8B
$183.0K
Net Profit
CBRE
CBRE
NEN
NEN
Q4 25
$416.0M
$-1.4M
Q3 25
$363.0M
$-521.8K
Q2 25
$215.0M
$4.1M
Q1 25
$163.0M
$3.8M
Q4 24
$487.0M
$4.2M
Q3 24
$225.0M
$3.9M
Q2 24
$130.0M
$4.1M
Q1 24
$126.0M
$3.5M
Gross Margin
CBRE
CBRE
NEN
NEN
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%
Operating Margin
CBRE
CBRE
NEN
NEN
Q4 25
5.4%
Q3 25
4.8%
Q2 25
3.9%
Q1 25
3.1%
Q4 24
5.8%
Q3 24
4.2%
Q2 24
3.0%
Q1 24
2.6%
Net Margin
CBRE
CBRE
NEN
NEN
Q4 25
3.6%
-677.3%
Q3 25
3.6%
-267.1%
Q2 25
2.2%
2053.2%
Q1 25
1.9%
1969.0%
Q4 24
4.8%
2222.3%
Q3 24
2.5%
2080.6%
Q2 24
1.6%
1948.6%
Q1 24
1.6%
1893.0%
EPS (diluted)
CBRE
CBRE
NEN
NEN
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
CBRE
CBRE
NEN
NEN
Cash + ST InvestmentsLiquidity on hand
$1.9B
$26.7M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$8.9B
Total Assets
$30.9B
$505.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
NEN
NEN
Q4 25
$1.9B
$26.7M
Q3 25
$1.7B
$13.4M
Q2 25
$1.4B
$16.7M
Q1 25
$1.4B
$30.9M
Q4 24
$1.1B
$17.6M
Q3 24
$1.0B
$15.1M
Q2 24
$928.0M
$13.5M
Q1 24
$1.0B
$28.8M
Total Debt
CBRE
CBRE
NEN
NEN
Q4 25
$531.0M
Q3 25
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Stockholders' Equity
CBRE
CBRE
NEN
NEN
Q4 25
$8.9B
Q3 25
$8.5B
Q2 25
$8.3B
Q1 25
$8.3B
Q4 24
$8.4B
Q3 24
$8.7B
Q2 24
$8.4B
Q1 24
$8.3B
Total Assets
CBRE
CBRE
NEN
NEN
Q4 25
$30.9B
$505.3M
Q3 25
$28.6B
$492.9M
Q2 25
$27.7B
$494.8M
Q1 25
$26.4B
$385.2M
Q4 24
$24.4B
$393.5M
Q3 24
$24.8B
$387.4M
Q2 24
$23.5B
$383.7M
Q1 24
$23.0B
$381.2M

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
NEN
NEN
Operating Cash FlowLast quarter
$1.2B
$7.3M
Free Cash FlowOCF − Capex
$1.1B
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
2.94×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
NEN
NEN
Q4 25
$1.2B
$7.3M
Q3 25
$827.0M
$2.3M
Q2 25
$57.0M
$12.5M
Q1 25
$-546.0M
$5.5M
Q4 24
$1.3B
$12.0M
Q3 24
$573.0M
$8.5M
Q2 24
$287.0M
$5.4M
Q1 24
$-492.0M
$6.1M
Free Cash Flow
CBRE
CBRE
NEN
NEN
Q4 25
$1.1B
Q3 25
$743.0M
Q2 25
$-17.0M
Q1 25
$-610.0M
Q4 24
$1.2B
Q3 24
$494.0M
Q2 24
$220.0M
Q1 24
$-560.0M
FCF Margin
CBRE
CBRE
NEN
NEN
Q4 25
9.4%
Q3 25
7.4%
Q2 25
-0.2%
Q1 25
-7.0%
Q4 24
12.2%
Q3 24
5.6%
Q2 24
2.7%
Q1 24
-7.2%
Capex Intensity
CBRE
CBRE
NEN
NEN
Q4 25
1.3%
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.7%
Q4 24
0.9%
Q3 24
0.9%
Q2 24
0.8%
Q1 24
0.9%
Cash Conversion
CBRE
CBRE
NEN
NEN
Q4 25
2.94×
Q3 25
2.28×
Q2 25
0.27×
3.02×
Q1 25
-3.35×
1.44×
Q4 24
2.75×
2.84×
Q3 24
2.55×
2.17×
Q2 24
2.21×
1.32×
Q1 24
-3.90×
1.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBRE
CBRE

Other$5.8B51%
Project Management Segment$2.2B19%
Advisory Leasing$1.5B13%
Advisory Sales$756.0M7%
Property Management$695.0M6%
Investment Management Property Management Brokerage And Other Professional Services$156.0M1%
Commercial Mortgage Origination$95.0M1%
Other Portfolio Services$87.0M1%
Loan Servicing$73.0M1%
Real Estate Development Services$60.0M1%

NEN
NEN

Segment breakdown not available.

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