CBRE Group, Inc. (CBRE) vs Prologis, Inc. (PLD)
A side-by-side comparison of CBRE Group, Inc. and Prologis, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.
Total return — CBRE vs PLD
growth of $100 · dividends reinvested · last 10yCBRE vs PLD: by the numbers
- •PLD is the larger company ($128.15B vs $42.81B market cap).
- •PLD converts more revenue to profit (45.79% vs 2.98% net margin).
- •PLD grew revenue faster over the past five years (15.39% vs 11.83% CAGR).
- •PLD pays a dividend (3.03% yield), while CBRE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CBRE | PLD |
|---|---|---|
| P/E ratio | 33.91 | 30.59 |
| Forward P/E | 18.87 | 37.70 |
| P/S ratio | 1.01 | 14.32 |
| P/B ratio | 5.23 | 2.45 |
| EV / EBITDA | 23.36 | 26.51 |
| FCF yield | 2.14% | 3.98% |
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 Prologis, 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.
Profitability
| Metric | CBRE | PLD |
|---|---|---|
| Gross margin | 17.66% | 59.60% |
| Operating margin | 3.61% | 38.43% |
| Net margin | 2.98% | 45.79% |
| ROE | 15.49% | 7.83% |
| ROIC | 5.77% | 3.37% |
Dividends
| Metric | CBRE | PLD |
|---|---|---|
| Dividend yield | N/A | 3.03% |
| Payout ratio | N/A | 92.65% |
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.
Prologis, 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.
Growth (annualized)
| Metric | CBRE | PLD |
|---|---|---|
| Revenue CAGR (5Y) | 11.83% | 15.39% |
| EPS CAGR (5Y) | 11.62% | 12.63% |
| FCF CAGR (5Y) | -13.21% | 12.28% |
| Total return CAGR (5Y) | 8.45% | 2.69% |
Frequently asked
- Which has grown faster, CBRE or PLD?
- Over the past five years, PLD grew revenue faster — CBRE at a 11.83% CAGR versus PLD at 15.39%.
- Does CBRE or PLD pay a bigger dividend?
- PLD pays a dividend (3.03% yield), while CBRE has no payments in the available dividend history.
- Is CBRE or PLD more profitable?
- PLD runs the higher net margin — CBRE at 2.98% versus PLD at 45.79%.
- How have CBRE and PLD total returns compared?
- Over the past 10 years, CBRE delivered 17.22% and PLD delivered 12.94% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CBRE & Prologis 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 September 8, 2026.