CBRE Group, Inc. (CBRE) vs Welltower Inc. (WELL)
A side-by-side comparison of CBRE Group, Inc. and Welltower 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 WELL
growth of $100 · dividends reinvested · last 10yCBRE vs WELL: by the numbers
- •WELL is the larger company ($171.79B vs $41.62B market cap).
- •WELL converts more revenue to profit (10.67% vs 2.98% net margin).
- •WELL grew revenue faster over the past five years (23.85% vs 11.83% CAGR).
- •WELL pays a dividend (1.30% yield), while CBRE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CBRE | WELL |
|---|---|---|
| P/E ratio | 33.91 | 124.96 |
| Forward P/E | 18.87 | 83.14 |
| P/S ratio | 1.01 | 13.71 |
| P/B ratio | 5.23 | 3.73 |
| EV / EBITDA | 23.36 | 59.93 |
| FCF yield | 2.14% | 1.54% |
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 Welltower 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 | WELL |
|---|---|---|
| Gross margin | 17.66% | 38.82% |
| Operating margin | 3.61% | 5.40% |
| Net margin | 2.98% | 10.67% |
| ROE | 15.49% | 2.90% |
| ROIC | 5.77% | 0.96% |
Dividends
| Metric | CBRE | WELL |
|---|---|---|
| Dividend yield | N/A | 1.30% |
| Payout ratio | N/A | 162.43% |
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.
Welltower 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 | WELL |
|---|---|---|
| Revenue CAGR (5Y) | 11.83% | 23.85% |
| EPS CAGR (5Y) | 11.62% | -9.79% |
| FCF CAGR (5Y) | -13.21% | 17.78% |
| Total return CAGR (5Y) | 8.45% | 25.12% |
Frequently asked
- Which has grown faster, CBRE or WELL?
- Over the past five years, WELL grew revenue faster — CBRE at a 11.83% CAGR versus WELL at 23.85%.
- Does CBRE or WELL pay a bigger dividend?
- WELL pays a dividend (1.30% yield), while CBRE has no payments in the available dividend history.
- Is CBRE or WELL more profitable?
- WELL runs the higher net margin — CBRE at 2.98% versus WELL at 10.67%.
- How have CBRE and WELL total returns compared?
- Over the past 10 years, CBRE delivered 17.22% and WELL delivered 15.90% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CBRE & Welltower 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.