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

CBRE Group is the larger business by last-quarter revenue ($11.5B vs $7.1B, roughly 1.6× PBF Energy Inc.). CBRE Group runs the higher net margin — 3.6% vs 1.1%, a 2.5% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs -2.9%). CBRE Group produced more free cash flow last quarter ($1.1B vs $77.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs -9.1%).

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

PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana; Toledo, Ohio; Paulsboro, New Jersey; the Delaware City Refinery in Delaware City; Torrance, California; Martinez, California. PBF produces a range of products including gasoline, ultra-low-sulfur diese...

CBRE vs PBF — Head-to-Head

Bigger by revenue
CBRE
CBRE
1.6× larger
CBRE
$11.5B
$7.1B
PBF
Growing faster (revenue YoY)
CBRE
CBRE
+15.2% gap
CBRE
12.3%
-2.9%
PBF
Higher net margin
CBRE
CBRE
2.5% more per $
CBRE
3.6%
1.1%
PBF
More free cash flow
CBRE
CBRE
$1.0B more FCF
CBRE
$1.1B
$77.0M
PBF
Faster 2-yr revenue CAGR
CBRE
CBRE
Annualised
CBRE
21.1%
-9.1%
PBF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBRE
CBRE
PBF
PBF
Revenue
$11.5B
$7.1B
Net Profit
$416.0M
$78.4M
Gross Margin
17.3%
-1.8%
Operating Margin
5.4%
1.8%
Net Margin
3.6%
1.1%
Revenue YoY
12.3%
-2.9%
Net Profit YoY
-14.6%
127.1%
EPS (diluted)
$1.38
$0.74

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
PBF
PBF
Q4 25
$11.5B
$7.1B
Q3 25
$10.1B
$7.7B
Q2 25
$9.6B
$7.5B
Q1 25
$8.8B
$7.1B
Q4 24
$10.2B
$7.4B
Q3 24
$8.8B
$8.4B
Q2 24
$8.2B
$8.7B
Q1 24
$7.8B
$8.6B
Net Profit
CBRE
CBRE
PBF
PBF
Q4 25
$416.0M
$78.4M
Q3 25
$363.0M
$170.1M
Q2 25
$215.0M
$-5.2M
Q1 25
$163.0M
$-401.8M
Q4 24
$487.0M
$-289.3M
Q3 24
$225.0M
$-285.9M
Q2 24
$130.0M
$-65.2M
Q1 24
$126.0M
$106.6M
Gross Margin
CBRE
CBRE
PBF
PBF
Q4 25
17.3%
-1.8%
Q3 25
17.7%
0.5%
Q2 25
17.1%
-0.8%
Q1 25
17.1%
-5.9%
Q4 24
18.7%
-4.2%
Q3 24
18.1%
-3.4%
Q2 24
17.6%
0.1%
Q1 24
17.1%
2.5%
Operating Margin
CBRE
CBRE
PBF
PBF
Q4 25
5.4%
1.8%
Q3 25
4.8%
3.7%
Q2 25
3.9%
0.6%
Q1 25
3.1%
-7.2%
Q4 24
5.8%
-5.2%
Q3 24
4.2%
-4.6%
Q2 24
3.0%
-0.9%
Q1 24
2.6%
1.7%
Net Margin
CBRE
CBRE
PBF
PBF
Q4 25
3.6%
1.1%
Q3 25
3.6%
2.2%
Q2 25
2.2%
-0.1%
Q1 25
1.9%
-5.7%
Q4 24
4.8%
-3.9%
Q3 24
2.5%
-3.4%
Q2 24
1.6%
-0.7%
Q1 24
1.6%
1.2%
EPS (diluted)
CBRE
CBRE
PBF
PBF
Q4 25
$1.38
$0.74
Q3 25
$1.21
$1.45
Q2 25
$0.72
$-0.05
Q1 25
$0.54
$-3.53
Q4 24
$1.58
$-2.41
Q3 24
$0.73
$-2.49
Q2 24
$0.42
$-0.56
Q1 24
$0.41
$0.86

Balance Sheet & Financial Strength

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

Metric
CBRE
CBRE
PBF
PBF
Cash + ST InvestmentsLiquidity on hand
$1.9B
$527.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
$5.3B
Total Assets
$30.9B
$13.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
PBF
PBF
Q4 25
$1.9B
$527.9M
Q3 25
$1.7B
$482.0M
Q2 25
$1.4B
$590.7M
Q1 25
$1.4B
$468.6M
Q4 24
$1.1B
$536.1M
Q3 24
$1.0B
$976.7M
Q2 24
$928.0M
$1.4B
Q1 24
$1.0B
$1.4B
Stockholders' Equity
CBRE
CBRE
PBF
PBF
Q4 25
$8.9B
$5.3B
Q3 25
$8.5B
$5.2B
Q2 25
$8.3B
$5.1B
Q1 25
$8.3B
$5.1B
Q4 24
$8.4B
$5.5B
Q3 24
$8.7B
$5.9B
Q2 24
$8.4B
$6.3B
Q1 24
$8.3B
$6.5B
Total Assets
CBRE
CBRE
PBF
PBF
Q4 25
$30.9B
$13.0B
Q3 25
$28.6B
$13.0B
Q2 25
$27.7B
$13.0B
Q1 25
$26.4B
$13.0B
Q4 24
$24.4B
$12.7B
Q3 24
$24.8B
$13.1B
Q2 24
$23.5B
$14.1B
Q1 24
$23.0B
$13.8B

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
PBF
PBF
Operating Cash FlowLast quarter
$1.2B
$366.6M
Free Cash FlowOCF − Capex
$1.1B
$77.0M
FCF MarginFCF / Revenue
9.4%
1.1%
Capex IntensityCapex / Revenue
1.3%
4.1%
Cash ConversionOCF / Net Profit
2.94×
4.68×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$-783.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
PBF
PBF
Q4 25
$1.2B
$366.6M
Q3 25
$827.0M
$25.7M
Q2 25
$57.0M
$191.1M
Q1 25
$-546.0M
$-661.4M
Q4 24
$1.3B
$-329.7M
Q3 24
$573.0M
$-68.0M
Q2 24
$287.0M
$425.3M
Q1 24
$-492.0M
$15.8M
Free Cash Flow
CBRE
CBRE
PBF
PBF
Q4 25
$1.1B
$77.0M
Q3 25
$743.0M
$-122.8M
Q2 25
$-17.0M
$35.0M
Q1 25
$-610.0M
$-772.4M
Q4 24
$1.2B
$-425.7M
Q3 24
$494.0M
$-169.8M
Q2 24
$220.0M
$371.8M
Q1 24
$-560.0M
$-123.8M
FCF Margin
CBRE
CBRE
PBF
PBF
Q4 25
9.4%
1.1%
Q3 25
7.4%
-1.6%
Q2 25
-0.2%
0.5%
Q1 25
-7.0%
-10.9%
Q4 24
12.2%
-5.8%
Q3 24
5.6%
-2.0%
Q2 24
2.7%
4.3%
Q1 24
-7.2%
-1.4%
Capex Intensity
CBRE
CBRE
PBF
PBF
Q4 25
1.3%
4.1%
Q3 25
0.8%
1.9%
Q2 25
0.8%
2.1%
Q1 25
0.7%
1.6%
Q4 24
0.9%
1.3%
Q3 24
0.9%
1.2%
Q2 24
0.8%
0.6%
Q1 24
0.9%
1.6%
Cash Conversion
CBRE
CBRE
PBF
PBF
Q4 25
2.94×
4.68×
Q3 25
2.28×
0.15×
Q2 25
0.27×
Q1 25
-3.35×
Q4 24
2.75×
Q3 24
2.55×
Q2 24
2.21×
Q1 24
-3.90×
0.15×

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%

PBF
PBF

Gasoline And Distillate$6.4B89%
Asphaltand Residual Oil$283.6M4%
Other$149.4M2%
Chemicals$145.1M2%
Logistics Group$93.5M1%
Lubricants$81.9M1%

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