Question 1

What is CBRE Group's EV/EBITDA ratio?

Accepted Answer

CBRE Group (CBRE) EV/EBITDA ratio is 16.8× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for CBRE Group?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For CBRE Group specifically, the relevant sector benchmark is the current sector median of 15.8×.

Question 5

Is CBRE Group's EV/EBITDA ratio high or low?

Accepted Answer

CBRE Group's EV/EBITDA ratio of 16.8× is below its own 5-year average of 17.2× and above the sector median of 15.8×. That places the current reading at the 43th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is CBRE Group's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, CBRE Group (CBRE) EV/EBITDA ratio has ranged from a low of 6.4× in 2002 to a high of 25.3× in 2025. The 5-year average is 17.2× and the 5-year median is 16.6×.

Question 7

What was CBRE Group's EV/EBITDA ratio in 2025?

Accepted Answer

CBRE Group (CBRE) EV/EBITDA ratio at the end of 2025 was 22.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does CBRE Group's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$47.73B	$2.49B	22.5×	+0.9×	Dec 31, 2025
2024	$40.21B	$2.08B	21.6×	+4.9×	Dec 31, 2024
2023	$28.37B	$1.91B	16.7×	+4.0×	Dec 31, 2023
2022	$24.18B	$2.08B	12.7×	-5.2×	Dec 31, 2022
2021	$36.25B	$2.12B	17.9×	+4.2×	Dec 31, 2021
2020	$21.04B	$1.70B	13.7×	+0.5×	Dec 31, 2020
2019	$20.52B	$1.79B	13.1×	+3.0×	Dec 31, 2019
2018	$13.61B	$1.58B	10.1×	-1.4×	Dec 31, 2018
2017	$14.67B	$1.46B	11.5×	+1.7×	Dec 31, 2017
2016	$10.61B	$1.39B	9.8×	-3.3×	Dec 31, 2016
2015	$11.54B	$1.18B	13.1×	+0.2×	Dec 31, 2015
2014	$11.37B	$1.01B	12.9×	+1.1×	Dec 31, 2014
2013	$8.68B	$903.69M	11.7×	+1.1×	Dec 31, 2013
2012	$6.47B	$847.75M	10.7×	+0.3×	Dec 31, 2012
2011	$4.88B	$696.19M	10.4×	-4.4×	Dec 31, 2011
2010	$6.47B	$571.97M	14.8×	-6.2×	Dec 31, 2010
2009	$4.05B	$300.60M	21.0×	—	Dec 31, 2009
2008	$1.13B	−$674.57M	—	—	Dec 31, 2008
2007	$4.38B	$866.57M	7.5×	-7.1×	Dec 31, 2007
2006	$7.58B	$637.83M	14.7×	+3.4×	Dec 31, 2006
2005	$4.39B	$424.52M	11.3×	+0.1×	Dec 31, 2005
2004	$2.45B	$266.13M	11.2×	-3.1×	Dec 31, 2004
2003	$1.24B	$151.14M	14.2×	+7.9×	Dec 31, 2003
2002	$275.79M	$130.16M	6.4×	—	Dec 31, 2002


Public Storage (PSA)	17.7×
Regency Centers (REG)	17.7×
Invitation Homes (INVH)	16.1×
AvalonBay Communities (AVB)	16.1×
SBA Communications (SBAC)	16.0×
Mid-America Apartment Communities (MAA)	15.9×
Tanger (SKT)	15.7×
Essex Property Trust (ESS)	15.5×
Kimco Realty (KIM)	15.1×
UDR (UDR)	15.0×
STAG Industrial (STAG)	14.8×
NNN REIT (NNN)	14.7×
Universal Health Realty Income Trust (UHT)	14.7×
Arbor Realty Trust (ABR)	14.1×
Equity Residential (EQR)	13.1×
Extra Space Storage (EXR)	13.0×
Federal Realty Investment Trust (FRT)	12.8×
Medical Properties Trust (MPT)	12.8×
BXP (BXP)	12.6×
Camden Property Trust (CPT)	12.4×
Healthpeak Properties (DOC)	11.7×
VICI Properties (VICI)	11.6×
Simon Property Group (SPG)	11.5×
Apartment Investment and Management (AIV)	8.8×
Host Hotels & Resorts (HST)	8.1×

EV/EBITDA for CBRE Group (CBRE)

EV/EBITDA daily chart for CBRE Group (CBRE)

Historical EV/EBITDA for CBRE Group (CBRE) from 2002 to 2025

About EV/EBITDA at CBRE Group (CBRE)

CBRE Group EV/EBITDA by Year

CBRE Group EV/EBITDA 2025: 22.5×

CBRE Group EV/EBITDA 2024: 21.6×

CBRE Group EV/EBITDA 2023: 16.7×

CBRE Group EV/EBITDA 2022: 12.7×

CBRE Group EV/EBITDA 2021: 17.9×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

CBRE Group (CBRE) Key Financials

EV/EBITDA daily chart for CBRE Group (CBRE)

Historical EV/EBITDA for CBRE Group (CBRE) from 2002 to 2025

About EV/EBITDA at CBRE Group (CBRE)

CBRE Group EV/EBITDA by Year

CBRE Group EV/EBITDA 2025: 22.5×

CBRE Group EV/EBITDA 2024: 21.6×

CBRE Group EV/EBITDA 2023: 16.7×

CBRE Group EV/EBITDA 2022: 12.7×

CBRE Group EV/EBITDA 2021: 17.9×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is CBRE Group's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for CBRE Group?

+Is CBRE Group's EV/EBITDA ratio high or low?

+What is CBRE Group's historical EV/EBITDA ratio range?

+What was CBRE Group's EV/EBITDA ratio in 2025?

+Why does CBRE Group's EV/EBITDA ratio change over time?

CBRE Group (CBRE) Key Financials