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Side-by-side financial comparison of CBRE Group (CBRE) and Performance Food Group Co (PFGC). Click either name above to swap in a different company.

Performance Food Group Co is the larger business by last-quarter revenue ($16.4B vs $11.5B, roughly 1.4× CBRE Group). CBRE Group runs the higher net margin — 3.6% vs 0.4%, a 3.3% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 5.2%). CBRE Group produced more free cash flow last quarter ($1.1B vs $487.8M). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 8.9%).

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

PepsiCo, Inc. is an American multinational food and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and beverage bran...

CBRE vs PFGC — Head-to-Head

Bigger by revenue
PFGC
PFGC
1.4× larger
PFGC
$16.4B
$11.5B
CBRE
Growing faster (revenue YoY)
CBRE
CBRE
+7.2% gap
CBRE
12.3%
5.2%
PFGC
Higher net margin
CBRE
CBRE
3.3% more per $
CBRE
3.6%
0.4%
PFGC
More free cash flow
CBRE
CBRE
$589.2M more FCF
CBRE
$1.1B
$487.8M
PFGC
Faster 2-yr revenue CAGR
CBRE
CBRE
Annualised
CBRE
21.1%
8.9%
PFGC

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CBRE
CBRE
PFGC
PFGC
Revenue
$11.5B
$16.4B
Net Profit
$416.0M
$61.7M
Gross Margin
17.3%
12.0%
Operating Margin
5.4%
1.2%
Net Margin
3.6%
0.4%
Revenue YoY
12.3%
5.2%
Net Profit YoY
-14.6%
45.5%
EPS (diluted)
$1.38
$0.39

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
PFGC
PFGC
Q4 25
$11.5B
$16.4B
Q3 25
$10.1B
$17.1B
Q2 25
$9.6B
$16.9B
Q1 25
$8.8B
$15.3B
Q4 24
$10.2B
$15.6B
Q3 24
$8.8B
$15.4B
Q2 24
$8.2B
$15.2B
Q1 24
$7.8B
$13.9B
Net Profit
CBRE
CBRE
PFGC
PFGC
Q4 25
$416.0M
$61.7M
Q3 25
$363.0M
$93.6M
Q2 25
$215.0M
$131.5M
Q1 25
$163.0M
$58.3M
Q4 24
$487.0M
$42.4M
Q3 24
$225.0M
$108.0M
Q2 24
$130.0M
$166.5M
Q1 24
$126.0M
$70.4M
Gross Margin
CBRE
CBRE
PFGC
PFGC
Q4 25
17.3%
12.0%
Q3 25
17.7%
11.8%
Q2 25
17.1%
11.8%
Q1 25
17.1%
11.9%
Q4 24
18.7%
11.7%
Q3 24
18.1%
11.4%
Q2 24
17.6%
11.5%
Q1 24
17.1%
11.3%
Operating Margin
CBRE
CBRE
PFGC
PFGC
Q4 25
5.4%
1.2%
Q3 25
4.8%
1.3%
Q2 25
3.9%
1.6%
Q1 25
3.1%
1.1%
Q4 24
5.8%
1.0%
Q3 24
4.2%
1.4%
Q2 24
3.0%
1.9%
Q1 24
2.6%
1.1%
Net Margin
CBRE
CBRE
PFGC
PFGC
Q4 25
3.6%
0.4%
Q3 25
3.6%
0.5%
Q2 25
2.2%
0.8%
Q1 25
1.9%
0.4%
Q4 24
4.8%
0.3%
Q3 24
2.5%
0.7%
Q2 24
1.6%
1.1%
Q1 24
1.6%
0.5%
EPS (diluted)
CBRE
CBRE
PFGC
PFGC
Q4 25
$1.38
$0.39
Q3 25
$1.21
$0.60
Q2 25
$0.72
$0.85
Q1 25
$0.54
$0.37
Q4 24
$1.58
$0.27
Q3 24
$0.73
$0.69
Q2 24
$0.42
$1.07
Q1 24
$0.41
$0.45

Balance Sheet & Financial Strength

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

Metric
CBRE
CBRE
PFGC
PFGC
Cash + ST InvestmentsLiquidity on hand
$1.9B
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$8.9B
$4.6B
Total Assets
$30.9B
$18.2B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
PFGC
PFGC
Q4 25
$1.9B
Q3 25
$1.7B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$928.0M
Q1 24
$1.0B
Total Debt
CBRE
CBRE
PFGC
PFGC
Q4 25
$5.3B
Q3 25
$5.6B
Q2 25
$5.4B
Q1 25
$5.4B
Q4 24
$5.7B
Q3 24
$3.9B
Q2 24
$3.2B
Q1 24
$3.2B
Stockholders' Equity
CBRE
CBRE
PFGC
PFGC
Q4 25
$8.9B
$4.6B
Q3 25
$8.5B
$4.6B
Q2 25
$8.3B
$4.5B
Q1 25
$8.3B
$4.3B
Q4 24
$8.4B
$4.3B
Q3 24
$8.7B
$4.2B
Q2 24
$8.4B
$4.1B
Q1 24
$8.3B
$4.0B
Total Assets
CBRE
CBRE
PFGC
PFGC
Q4 25
$30.9B
$18.2B
Q3 25
$28.6B
$18.4B
Q2 25
$27.7B
$17.9B
Q1 25
$26.4B
$17.1B
Q4 24
$24.4B
$17.1B
Q3 24
$24.8B
$14.4B
Q2 24
$23.5B
$13.4B
Q1 24
$23.0B
$12.9B
Debt / Equity
CBRE
CBRE
PFGC
PFGC
Q4 25
1.13×
Q3 25
1.23×
Q2 25
1.20×
Q1 25
1.25×
Q4 24
1.34×
Q3 24
0.93×
Q2 24
0.78×
Q1 24
0.81×

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
PFGC
PFGC
Operating Cash FlowLast quarter
$1.2B
$601.2M
Free Cash FlowOCF − Capex
$1.1B
$487.8M
FCF MarginFCF / Revenue
9.4%
3.0%
Capex IntensityCapex / Revenue
1.3%
0.7%
Cash ConversionOCF / Net Profit
2.94×
9.74×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$792.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
PFGC
PFGC
Q4 25
$1.2B
$601.2M
Q3 25
$827.0M
$-145.2M
Q2 25
$57.0M
$383.0M
Q1 25
$-546.0M
$448.1M
Q4 24
$1.3B
$325.5M
Q3 24
$573.0M
$53.5M
Q2 24
$287.0M
$206.3M
Q1 24
$-492.0M
$402.7M
Free Cash Flow
CBRE
CBRE
PFGC
PFGC
Q4 25
$1.1B
$487.8M
Q3 25
$743.0M
$-224.1M
Q2 25
$-17.0M
$209.7M
Q1 25
$-610.0M
$319.3M
Q4 24
$1.2B
$218.1M
Q3 24
$494.0M
$-43.0M
Q2 24
$220.0M
$55.1M
Q1 24
$-560.0M
$305.4M
FCF Margin
CBRE
CBRE
PFGC
PFGC
Q4 25
9.4%
3.0%
Q3 25
7.4%
-1.3%
Q2 25
-0.2%
1.2%
Q1 25
-7.0%
2.1%
Q4 24
12.2%
1.4%
Q3 24
5.6%
-0.3%
Q2 24
2.7%
0.4%
Q1 24
-7.2%
2.2%
Capex Intensity
CBRE
CBRE
PFGC
PFGC
Q4 25
1.3%
0.7%
Q3 25
0.8%
0.5%
Q2 25
0.8%
1.0%
Q1 25
0.7%
0.8%
Q4 24
0.9%
0.7%
Q3 24
0.9%
0.6%
Q2 24
0.8%
1.0%
Q1 24
0.9%
0.7%
Cash Conversion
CBRE
CBRE
PFGC
PFGC
Q4 25
2.94×
9.74×
Q3 25
2.28×
-1.55×
Q2 25
0.27×
2.91×
Q1 25
-3.35×
7.69×
Q4 24
2.75×
7.68×
Q3 24
2.55×
0.50×
Q2 24
2.21×
1.24×
Q1 24
-3.90×
5.72×

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%

PFGC
PFGC

Foodservice$8.8B54%
Convenience$6.3B38%
Specialty$1.3B8%

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