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Brookfield Property Partners vs Cbre: revenue, profit, margins and growth compared

Brookfield Property Partners brought in $7.1B of revenue in fiscal 2025, Cbre $40.6B in fiscal 2025. Revenue changed by -21.6% at Brookfield Property Partners and +13.4% at Cbre on the year before, so Cbre grew faster. Brookfield Property Partners kept -4.3% of its revenue as net profit, Cbre 2.9%. Free cash flow was -$1.4B at Brookfield Property Partners and $1.2B at Cbre.

Side by side, latest fiscal year

BPYPPCBRE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.1B$40.6B
Revenue growth-21.6%+13.4%
Net income-$305M$1.2B
Net margin-4.3%2.9%
Free cash flow-$1.4B$1.2B
Free cash flow margin-18.9%2.9%
Earnings per share (diluted)n/a$3.85
Cash$1.9B$1.9B
Debt$46.3B$5.1B
Price to earningsn/a35.0
Market value$18.6B$39B
Dividend yieldn/an/a
Rank by revenue in sector#77 of 444 · Finance#16 of 444 · Finance

Over the years

Revenue
BPYPP FY2018: $7.2BBPYPP FY2019: $8.2BBPYPP FY2020: $6.6BBPYPP FY2021: $7.1BBPYPP FY2022: $7.4BBPYPP FY2023: $9.5BBPYPP FY2024: $9.1BBPYPP FY2025: $7.1BCBRE FY2018: $21.3BCBRE FY2019: $23.9BCBRE FY2020: $23.8BCBRE FY2021: $27.7BCBRE FY2022: $30.8BCBRE FY2023: $31.9BCBRE FY2024: $35.8BCBRE FY2025: $40.6BFY18FY19FY20FY21FY22FY23FY24FY25
BPYPP $7.1BCBRE $40.6B
Net income
BPYPP FY2018: $3.7BBPYPP FY2019: $3.2BBPYPP FY2020: -$2.1BBPYPP FY2021: $3.5BBPYPP FY2022: $996MBPYPP FY2023: -$1.8BBPYPP FY2024: -$2BBPYPP FY2025: -$305MCBRE FY2018: $1.1BCBRE FY2019: $1.3BCBRE FY2020: $752MCBRE FY2021: $1.8BCBRE FY2022: $1.4BCBRE FY2023: $986MCBRE FY2024: $968MCBRE FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
BPYPP -$305MCBRE $1.2B
Net margin
BPYPP FY2018: 50.5%BPYPP FY2019: 38.5%BPYPP FY2020: -31.2%BPYPP FY2021: 49.3%BPYPP FY2022: 13.5%BPYPP FY2023: -19.5%BPYPP FY2024: -21.9%BPYPP FY2025: -4.3%CBRE FY2018: 5.0%CBRE FY2019: 5.4%CBRE FY2020: 3.2%CBRE FY2021: 6.6%CBRE FY2022: 4.6%CBRE FY2023: 3.1%CBRE FY2024: 2.7%CBRE FY2025: 2.9%FY18FY19FY20FY21FY22FY23FY24FY25
BPYPP -4.3%CBRE 2.9%
Revenue growth
BPYPP FY2019: +13.3%BPYPP FY2020: -19.6%BPYPP FY2021: +7.7%BPYPP FY2022: +3.7%BPYPP FY2023: +28.8%BPYPP FY2024: -3.9%BPYPP FY2025: -21.6%CBRE FY2019: +12.0%CBRE FY2020: -0.3%CBRE FY2021: +16.5%CBRE FY2022: +11.1%CBRE FY2023: +3.6%CBRE FY2024: +12.0%CBRE FY2025: +13.4%FY19FY20FY21FY22FY23FY24FY25
BPYPP -21.6%CBRE +13.4%
Free cash flow
BPYPP FY2018: $879MBPYPP FY2019: $252MBPYPP FY2020: $1.2BBPYPP FY2021: $450MBPYPP FY2022: -$260MBPYPP FY2023: -$1.2BBPYPP FY2024: $615MBPYPP FY2025: -$1.4BCBRE FY2018: $903.4MCBRE FY2019: $929.9MCBRE FY2020: $1.6BCBRE FY2021: $2.2BCBRE FY2022: $1.4BCBRE FY2023: $175MCBRE FY2024: $1.4BCBRE FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
BPYPP -$1.4BCBRE $1.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Brookfield Property Partners and Cbre

Which is bigger by revenue, Brookfield Property Partners or Cbre?

Cbre is bigger by revenue: $40.6B in fiscal 2025, against $7.1B for Brookfield Property Partners in fiscal 2025.

Which keeps more of its revenue as profit, Brookfield Property Partners or Cbre?

Brookfield Property Partners had a net margin of -4.3% in fiscal 2025; Cbre had 2.9% in fiscal 2025.

Which grew revenue faster, Brookfield Property Partners or Cbre?

In their latest fiscal years revenue changed by -21.6% at Brookfield Property Partners and +13.4% at Cbre.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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