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

CBRE Group is the larger business by last-quarter revenue ($11.5B vs $8.7B, roughly 1.3× PayPal). PayPal runs the higher net margin — 16.6% vs 3.6%, a 12.9% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 3.7%). PayPal produced more free cash flow last quarter ($2.2B vs $1.1B). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 6.2%).

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

PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.

CBRE vs PYPL — Head-to-Head

Bigger by revenue
CBRE
CBRE
1.3× larger
CBRE
$11.5B
$8.7B
PYPL
Growing faster (revenue YoY)
CBRE
CBRE
+8.6% gap
CBRE
12.3%
3.7%
PYPL
Higher net margin
PYPL
PYPL
12.9% more per $
PYPL
16.6%
3.6%
CBRE
More free cash flow
PYPL
PYPL
$1.1B more FCF
PYPL
$2.2B
$1.1B
CBRE
Faster 2-yr revenue CAGR
CBRE
CBRE
Annualised
CBRE
21.1%
6.2%
PYPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBRE
CBRE
PYPL
PYPL
Revenue
$11.5B
$8.7B
Net Profit
$416.0M
$1.4B
Gross Margin
17.3%
Operating Margin
5.4%
17.4%
Net Margin
3.6%
16.6%
Revenue YoY
12.3%
3.7%
Net Profit YoY
-14.6%
28.2%
EPS (diluted)
$1.38
$1.53

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
PYPL
PYPL
Q4 25
$11.5B
$8.7B
Q3 25
$10.1B
$8.4B
Q2 25
$9.6B
$8.3B
Q1 25
$8.8B
$7.8B
Q4 24
$10.2B
$8.4B
Q3 24
$8.8B
$7.8B
Q2 24
$8.2B
$7.9B
Q1 24
$7.8B
$7.7B
Net Profit
CBRE
CBRE
PYPL
PYPL
Q4 25
$416.0M
$1.4B
Q3 25
$363.0M
$1.2B
Q2 25
$215.0M
$1.3B
Q1 25
$163.0M
$1.3B
Q4 24
$487.0M
$1.1B
Q3 24
$225.0M
$1.0B
Q2 24
$130.0M
$1.1B
Q1 24
$126.0M
$888.0M
Gross Margin
CBRE
CBRE
PYPL
PYPL
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
PYPL
PYPL
Q4 25
5.4%
17.4%
Q3 25
4.8%
18.1%
Q2 25
3.9%
18.1%
Q1 25
3.1%
19.6%
Q4 24
5.8%
17.2%
Q3 24
4.2%
17.7%
Q2 24
3.0%
16.8%
Q1 24
2.6%
15.2%
Net Margin
CBRE
CBRE
PYPL
PYPL
Q4 25
3.6%
16.6%
Q3 25
3.6%
14.8%
Q2 25
2.2%
15.2%
Q1 25
1.9%
16.5%
Q4 24
4.8%
13.4%
Q3 24
2.5%
12.9%
Q2 24
1.6%
14.3%
Q1 24
1.6%
11.5%
EPS (diluted)
CBRE
CBRE
PYPL
PYPL
Q4 25
$1.38
$1.53
Q3 25
$1.21
$1.30
Q2 25
$0.72
$1.29
Q1 25
$0.54
$1.29
Q4 24
$1.58
$1.09
Q3 24
$0.73
$0.99
Q2 24
$0.42
$1.08
Q1 24
$0.41
$0.83

Balance Sheet & Financial Strength

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

Metric
CBRE
CBRE
PYPL
PYPL
Cash + ST InvestmentsLiquidity on hand
$1.9B
$10.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
$20.3B
Total Assets
$30.9B
$80.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
PYPL
PYPL
Q4 25
$1.9B
$10.4B
Q3 25
$1.7B
$10.8B
Q2 25
$1.4B
$10.0B
Q1 25
$1.4B
$11.2B
Q4 24
$1.1B
$10.8B
Q3 24
$1.0B
$11.9B
Q2 24
$928.0M
$13.6B
Q1 24
$1.0B
$14.3B
Stockholders' Equity
CBRE
CBRE
PYPL
PYPL
Q4 25
$8.9B
$20.3B
Q3 25
$8.5B
$20.2B
Q2 25
$8.3B
$20.2B
Q1 25
$8.3B
$20.3B
Q4 24
$8.4B
$20.4B
Q3 24
$8.7B
$20.2B
Q2 24
$8.4B
$20.6B
Q1 24
$8.3B
$20.7B
Total Assets
CBRE
CBRE
PYPL
PYPL
Q4 25
$30.9B
$80.2B
Q3 25
$28.6B
$79.8B
Q2 25
$27.7B
$79.8B
Q1 25
$26.4B
$81.3B
Q4 24
$24.4B
$81.6B
Q3 24
$24.8B
$83.5B
Q2 24
$23.5B
$84.0B
Q1 24
$23.0B
$83.3B

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
PYPL
PYPL
Operating Cash FlowLast quarter
$1.2B
$2.4B
Free Cash FlowOCF − Capex
$1.1B
$2.2B
FCF MarginFCF / Revenue
9.4%
25.2%
Capex IntensityCapex / Revenue
1.3%
2.2%
Cash ConversionOCF / Net Profit
2.94×
1.66×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$5.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
PYPL
PYPL
Q4 25
$1.2B
$2.4B
Q3 25
$827.0M
$2.0B
Q2 25
$57.0M
$898.0M
Q1 25
$-546.0M
$1.2B
Q4 24
$1.3B
$2.4B
Q3 24
$573.0M
$1.6B
Q2 24
$287.0M
$1.5B
Q1 24
$-492.0M
$1.9B
Free Cash Flow
CBRE
CBRE
PYPL
PYPL
Q4 25
$1.1B
$2.2B
Q3 25
$743.0M
$1.7B
Q2 25
$-17.0M
$692.0M
Q1 25
$-610.0M
$964.0M
Q4 24
$1.2B
$2.2B
Q3 24
$494.0M
$1.4B
Q2 24
$220.0M
$1.4B
Q1 24
$-560.0M
$1.8B
FCF Margin
CBRE
CBRE
PYPL
PYPL
Q4 25
9.4%
25.2%
Q3 25
7.4%
20.4%
Q2 25
-0.2%
8.3%
Q1 25
-7.0%
12.4%
Q4 24
12.2%
26.2%
Q3 24
5.6%
18.4%
Q2 24
2.7%
17.3%
Q1 24
-7.2%
22.9%
Capex Intensity
CBRE
CBRE
PYPL
PYPL
Q4 25
1.3%
2.2%
Q3 25
0.8%
3.0%
Q2 25
0.8%
2.5%
Q1 25
0.7%
2.5%
Q4 24
0.9%
2.4%
Q3 24
0.9%
2.2%
Q2 24
0.8%
2.0%
Q1 24
0.9%
2.0%
Cash Conversion
CBRE
CBRE
PYPL
PYPL
Q4 25
2.94×
1.66×
Q3 25
2.28×
1.58×
Q2 25
0.27×
0.71×
Q1 25
-3.35×
0.90×
Q4 24
2.75×
2.14×
Q3 24
2.55×
1.60×
Q2 24
2.21×
1.35×
Q1 24
-3.90×
2.16×

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%

PYPL
PYPL

US$4.9B57%
Non Us$3.7B43%

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