CBRE Group, Inc. (CBRE) vs Realty Income Corporation (O)
A side-by-side comparison of CBRE Group, Inc. and Realty Income Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 13, 2026. Differences are shown without an overall score or investment verdict.
Total return — CBRE vs O
growth of $100 · dividends reinvested · last 10yCBRE vs O: by the numbers
- •O is the larger company ($58.91B vs $43.34B market cap).
- •O converts more revenue to profit (10.32% vs 2.98% net margin).
- •O grew revenue faster over the past five years (28.50% vs 11.83% CAGR).
- •O pays a dividend (5.17% yield), while CBRE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CBRE | O |
|---|---|---|
| P/E ratio | 33.81 | 94.83 |
| Forward P/E | 18.92 | 40.02 |
| P/S ratio | 1.00 | 9.35 |
| P/B ratio | 5.21 | 1.43 |
| EV / EBITDA | 23.30 | 19.39 |
| FCF yield | 2.14% | 3.79% |
For REITs like CBRE Group, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Realty Income Corporation, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | CBRE | O |
|---|---|---|
| Gross margin | 17.66% | 89.80% |
| Operating margin | 3.61% | 28.30% |
| Net margin | 2.98% | 10.32% |
| ROE | 15.49% | 1.58% |
| ROIC | 7.10% | 0.70% |
Dividends
| Metric | CBRE | O |
|---|---|---|
| Dividend yield | N/A | 5.17% |
| Payout ratio | N/A | 276.84% |
CBRE Group, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Realty Income Corporation's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | CBRE | O |
|---|---|---|
| Revenue CAGR (5Y) | 11.83% | 28.50% |
| EPS CAGR (5Y) | 11.62% | 0.35% |
| FCF CAGR (5Y) | -13.21% | 12.83% |
| Total return CAGR (5Y) | 9.05% | 3.41% |
Frequently asked
- Which has grown faster, CBRE or O?
- Over the past five years, O grew revenue faster — CBRE at a 11.83% CAGR versus O at 28.50%.
- Does CBRE or O pay a bigger dividend?
- O pays a dividend (5.17% yield), while CBRE has no payments in the available dividend history.
- Is CBRE or O more profitable?
- O runs the higher net margin — CBRE at 2.98% versus O at 10.32%.
- How have CBRE and O total returns compared?
- Over the past 10 years, CBRE delivered 17.40% and O delivered 4.27% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CBRE & Realty Income appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 13, 2026.