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Side-by-side financial comparison of CBRE Group (CBRE) and Schlumberger (SLB). 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× Schlumberger). Schlumberger runs the higher net margin — 8.6% vs 3.6%, a 5.0% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (12.3% vs 2.7%). CBRE Group produced more free cash flow last quarter ($1.1B vs $103.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs -2.3%).

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

SLB, formerly known as Schlumberger, is an American multinational oilfield services company. Founded in France in 1926, the company is now incorporated as SLB N.V. in Willemstad, Curaçao, with principal executive offices in four cities: Paris, France; Houston, Texas, United States; London, UK; and The Hague, Netherlands. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

CBRE vs SLB — Head-to-Head

Bigger by revenue
CBRE
CBRE
1.3× larger
CBRE
$11.5B
$8.7B
SLB
Growing faster (revenue YoY)
CBRE
CBRE
+9.6% gap
CBRE
12.3%
2.7%
SLB
Higher net margin
SLB
SLB
5.0% more per $
SLB
8.6%
3.6%
CBRE
More free cash flow
CBRE
CBRE
$974.0M more FCF
CBRE
$1.1B
$103.0M
SLB
Faster 2-yr revenue CAGR
CBRE
CBRE
Annualised
CBRE
21.1%
-2.3%
SLB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CBRE
CBRE
SLB
SLB
Revenue
$11.5B
$8.7B
Net Profit
$416.0M
$752.0M
Gross Margin
17.3%
Operating Margin
5.4%
Net Margin
3.6%
8.6%
Revenue YoY
12.3%
2.7%
Net Profit YoY
-14.6%
-5.6%
EPS (diluted)
$1.38
$0.50

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
SLB
SLB
Q1 26
$8.7B
Q4 25
$11.5B
$9.7B
Q3 25
$10.1B
$8.9B
Q2 25
$9.6B
$8.5B
Q1 25
$8.8B
$8.5B
Q4 24
$10.2B
$9.3B
Q3 24
$8.8B
$9.2B
Q2 24
$8.2B
$9.1B
Net Profit
CBRE
CBRE
SLB
SLB
Q1 26
$752.0M
Q4 25
$416.0M
$824.0M
Q3 25
$363.0M
$739.0M
Q2 25
$215.0M
$1.0B
Q1 25
$163.0M
$797.0M
Q4 24
$487.0M
$1.1B
Q3 24
$225.0M
$1.2B
Q2 24
$130.0M
$1.1B
Gross Margin
CBRE
CBRE
SLB
SLB
Q1 26
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%
Operating Margin
CBRE
CBRE
SLB
SLB
Q1 26
Q4 25
5.4%
9.7%
Q3 25
4.8%
11.2%
Q2 25
3.9%
15.0%
Q1 25
3.1%
12.5%
Q4 24
5.8%
14.9%
Q3 24
4.2%
16.5%
Q2 24
3.0%
15.5%
Net Margin
CBRE
CBRE
SLB
SLB
Q1 26
8.6%
Q4 25
3.6%
8.5%
Q3 25
3.6%
8.3%
Q2 25
2.2%
11.9%
Q1 25
1.9%
9.4%
Q4 24
4.8%
11.8%
Q3 24
2.5%
12.9%
Q2 24
1.6%
12.2%
EPS (diluted)
CBRE
CBRE
SLB
SLB
Q1 26
$0.50
Q4 25
$1.38
$0.53
Q3 25
$1.21
$0.50
Q2 25
$0.72
$0.74
Q1 25
$0.54
$0.58
Q4 24
$1.58
$0.77
Q3 24
$0.73
$0.83
Q2 24
$0.42
$0.77

Balance Sheet & Financial Strength

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

Metric
CBRE
CBRE
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$1.9B
$3.4B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$8.9B
$27.4B
Total Assets
$30.9B
$19.3B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
SLB
SLB
Q1 26
$3.4B
Q4 25
$1.9B
$1.2B
Q3 25
$1.7B
$571.0M
Q2 25
$1.4B
$511.0M
Q1 25
$1.4B
$961.0M
Q4 24
$1.1B
$1.1B
Q3 24
$1.0B
$1.4B
Q2 24
$928.0M
$1.1B
Total Debt
CBRE
CBRE
SLB
SLB
Q1 26
$9.7B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CBRE
CBRE
SLB
SLB
Q1 26
$27.4B
Q4 25
$8.9B
$26.1B
Q3 25
$8.5B
$25.6B
Q2 25
$8.3B
$20.3B
Q1 25
$8.3B
$19.5B
Q4 24
$8.4B
$21.1B
Q3 24
$8.7B
$21.5B
Q2 24
$8.4B
$21.1B
Total Assets
CBRE
CBRE
SLB
SLB
Q1 26
$19.3B
Q4 25
$30.9B
$54.9B
Q3 25
$28.6B
$55.1B
Q2 25
$27.7B
$48.8B
Q1 25
$26.4B
$49.0B
Q4 24
$24.4B
$48.9B
Q3 24
$24.8B
$49.8B
Q2 24
$23.5B
$49.4B
Debt / Equity
CBRE
CBRE
SLB
SLB
Q1 26
0.35×
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
CBRE
CBRE
SLB
SLB
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$1.1B
$103.0M
FCF MarginFCF / Revenue
9.4%
1.2%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
2.94×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
SLB
SLB
Q1 26
Q4 25
$1.2B
$3.0B
Q3 25
$827.0M
$1.7B
Q2 25
$57.0M
$1.1B
Q1 25
$-546.0M
$660.0M
Q4 24
$1.3B
$2.4B
Q3 24
$573.0M
$2.4B
Q2 24
$287.0M
$1.4B
Free Cash Flow
CBRE
CBRE
SLB
SLB
Q1 26
$103.0M
Q4 25
$1.1B
$2.5B
Q3 25
$743.0M
$1.3B
Q2 25
$-17.0M
$771.0M
Q1 25
$-610.0M
$262.0M
Q4 24
$1.2B
$1.8B
Q3 24
$494.0M
$2.0B
Q2 24
$220.0M
$973.0M
FCF Margin
CBRE
CBRE
SLB
SLB
Q1 26
1.2%
Q4 25
9.4%
25.5%
Q3 25
7.4%
14.3%
Q2 25
-0.2%
9.0%
Q1 25
-7.0%
3.1%
Q4 24
12.2%
19.2%
Q3 24
5.6%
21.7%
Q2 24
2.7%
10.6%
Capex Intensity
CBRE
CBRE
SLB
SLB
Q1 26
Q4 25
1.3%
5.3%
Q3 25
0.8%
4.6%
Q2 25
0.8%
4.3%
Q1 25
0.7%
4.7%
Q4 24
0.9%
6.6%
Q3 24
0.9%
5.0%
Q2 24
0.8%
5.1%
Cash Conversion
CBRE
CBRE
SLB
SLB
Q1 26
Q4 25
2.94×
3.65×
Q3 25
2.28×
2.28×
Q2 25
0.27×
1.13×
Q1 25
-3.35×
0.83×
Q4 24
2.75×
2.18×
Q3 24
2.55×
2.06×
Q2 24
2.21×
1.29×

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%

SLB
SLB

Segment breakdown not available.

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