BXP vs. CBRE: A Head-to-Head Stock Comparison

Updated on August 24, 2025

Here’s a clear look at BXP and CBRE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

A key difference in structure is that BXP is a Real Estate Investment Trust (REIT), a company that primarily invests in income-generating real estate, whereas CBRE is a conventional stock.

Symbol	BXP	CBRE
Company Name	BXP, Inc.	CBRE Group, Inc.
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Office REITs	Real Estate Management & Development
Market Capitalization	11.75 billion USD	47.86 billion USD
Exchange	NYSE	NYSE
Listing Date	June 18, 1997	June 10, 2004
Security Type	REIT	Common Stock

Historical Performance

This chart compares the performance of BXP and CBRE by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BXP vs. CBRE: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	BXP	CBRE
5-Day Price Return	1.87%	1.45%
13-Week Price Return	-2.16%	23.26%
26-Week Price Return	-6.78%	12.37%
52-Week Price Return	-6.80%	42.97%
Month-to-Date Return	1.53%	3.27%
Year-to-Date Return	-10.66%	22.51%
10-Day Avg. Volume	1.41M	1.30M
3-Month Avg. Volume	1.62M	1.68M
3-Month Volatility	30.65%	27.51%
Beta	1.24	1.40

Profitability

Return on Equity (TTM)

BXP

0.09%

Office REITs Industry

Max: 9.47%
Q3: 6.07%
Median: 3.22%
Q1: 0.83%
Min: -0.08%

BXP’s Return on Equity of 0.09% is in the lower quartile for the Office REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

CBRE

12.96%

Real Estate Management & Development Industry

Max: 14.65%
Q3: 8.92%
Median: 3.63%
Q1: 1.63%
Min: -8.05%

In the upper quartile for the Real Estate Management & Development industry, CBRE’s Return on Equity of 12.96% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

BXP vs. CBRE: A comparison of their Return on Equity (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Net Profit Margin (TTM)

BXP

0.14%

Office REITs Industry

Max: 74.75%
Q3: 44.46%
Median: 31.39%
Q1: 5.85%
Min: -0.35%

In the Office REITs industry, Net Profit Margin is often not the primary profitability metric.

CBRE

2.86%

Real Estate Management & Development Industry

Max: 57.16%
Q3: 24.60%
Median: 9.48%
Q1: 2.61%
Min: -26.61%

CBRE’s Net Profit Margin of 2.86% is aligned with the median group of its peers in the Real Estate Management & Development industry. This indicates its ability to convert revenue into profit is typical for the sector.

BXP vs. CBRE: A comparison of their Net Profit Margin (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Operating Profit Margin (TTM)

BXP

29.78%

Office REITs Industry

Max: 91.62%
Q3: 51.67%
Median: 42.78%
Q1: 23.56%
Min: 14.93%

In the Office REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

CBRE

4.23%

Real Estate Management & Development Industry

Max: 92.29%
Q3: 43.61%
Median: 20.96%
Q1: 6.44%
Min: -48.90%

CBRE’s Operating Profit Margin of 4.23% is in the lower quartile for the Real Estate Management & Development industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

BXP vs. CBRE: A comparison of their Operating Profit Margin (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Profitability at a Glance

Symbol	BXP	CBRE
Return on Equity (TTM)	0.09%	12.96%
Return on Assets (TTM)	0.02%	4.22%
Net Profit Margin (TTM)	0.14%	2.86%
Operating Profit Margin (TTM)	29.78%	4.23%
Gross Profit Margin (TTM)	60.37%	19.42%

Financial Strength

Current Ratio (MRQ)

BXP

1.13

Office REITs Industry

Max: 1.49
Q3: 1.22
Median: 0.67
Q1: 0.44
Min: 0.14

BXP’s Current Ratio of 1.13 aligns with the median group of the Office REITs industry, indicating that its short-term liquidity is in line with its sector peers.

CBRE

1.13

Real Estate Management & Development Industry

Max: 3.73
Q3: 2.22
Median: 1.42
Q1: 1.03
Min: 0.04

CBRE’s Current Ratio of 1.13 aligns with the median group of the Real Estate Management & Development industry, indicating that its short-term liquidity is in line with its sector peers.

BXP vs. CBRE: A comparison of their Current Ratio (MRQ) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Debt-to-Equity Ratio (MRQ)

BXP

3.08

Office REITs Industry

Max: 1.62
Q3: 1.32
Median: 0.87
Q1: 0.73
Min: 0.42

With a Debt-to-Equity Ratio of 3.08, BXP operates with exceptionally high leverage compared to the Office REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

CBRE

0.90

Real Estate Management & Development Industry

Max: 2.62
Q3: 1.30
Median: 0.84
Q1: 0.39
Min: 0.00

CBRE’s Debt-to-Equity Ratio of 0.90 is typical for the Real Estate Management & Development industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

BXP vs. CBRE: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Interest Coverage Ratio (TTM)

BXP

1.09

Office REITs Industry

Max: 3.98
Q3: 3.37
Median: 1.66
Q1: 1.16
Min: 0.14

In the lower quartile for the Office REITs industry, BXP’s Interest Coverage Ratio of 1.09 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

CBRE

6.21

Real Estate Management & Development Industry

Max: 23.14
Q3: 12.97
Median: 3.68
Q1: 1.29
Min: -4.45

CBRE’s Interest Coverage Ratio of 6.21 is positioned comfortably within the norm for the Real Estate Management & Development industry, indicating a standard and healthy capacity to cover its interest payments.

BXP vs. CBRE: A comparison of their Interest Coverage Ratio (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Financial Strength at a Glance

Symbol	BXP	CBRE
Current Ratio (MRQ)	1.13	1.13
Quick Ratio (MRQ)	1.08	1.09
Debt-to-Equity Ratio (MRQ)	3.08	0.90
Interest Coverage Ratio (TTM)	1.09	6.21

Growth

Revenue Growth

BXP vs. CBRE: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BXP vs. CBRE: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BXP

6.53%

Office REITs Industry

Max: 6.88%
Q3: 5.94%
Median: 4.58%
Q1: 3.82%
Min: 1.22%

With a Dividend Yield of 6.53%, BXP offers a more attractive income stream than most of its peers in the Office REITs industry, signaling a strong commitment to shareholder returns.

CBRE

0.00%

Real Estate Management & Development Industry

Max: 6.79%
Q3: 3.51%
Median: 2.22%
Q1: 0.52%
Min: 0.00%

CBRE currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

BXP vs. CBRE: A comparison of their Dividend Yield (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Dividend Payout Ratio (TTM)

BXP

222.09%

Office REITs Industry

Max: 231.12%
Q3: 180.65%
Median: 94.76%
Q1: 87.60%
Min: 1.02%

BXP’s Dividend Payout Ratio of 222.09% is in the upper quartile for the Office REITs industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

CBRE

0.00%

Real Estate Management & Development Industry

Max: 242.45%
Q3: 106.13%
Median: 55.27%
Q1: 14.97%
Min: 0.00%

CBRE has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

BXP vs. CBRE: A comparison of their Dividend Payout Ratio (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Dividend at a Glance

Symbol	BXP	CBRE
Dividend Yield (TTM)	6.53%	0.00%
Dividend Payout Ratio (TTM)	222.09%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

BXP

2,149.06

Office REITs Industry

Max: 48.29
Q3: 44.14
Median: 23.60
Q1: 18.77
Min: 6.08

The P/E Ratio is often not the primary metric for valuation in the Office REITs industry.

CBRE

44.10

Real Estate Management & Development Industry

Max: 41.09
Q3: 23.50
Median: 17.29
Q1: 11.14
Min: 6.36

At 44.10, CBRE’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Real Estate Management & Development industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

BXP vs. CBRE: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Price-to-Sales Ratio (TTM)

BXP

3.07

Office REITs Industry

Max: 14.09
Q3: 9.33
Median: 6.96
Q1: 4.25
Min: 2.65

In the lower quartile for the Office REITs industry, BXP’s P/S Ratio of 3.07 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

CBRE

1.26

Real Estate Management & Development Industry

Max: 12.22
Q3: 5.64
Median: 2.53
Q1: 0.98
Min: 0.01

CBRE’s P/S Ratio of 1.26 aligns with the market consensus for the Real Estate Management & Development industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BXP vs. CBRE: A comparison of their Price-to-Sales Ratio (TTM) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Price-to-Book Ratio (MRQ)

BXP

2.03

Office REITs Industry

Max: 2.06
Q3: 1.34
Median: 1.02
Q1: 0.68
Min: 0.57

BXP’s P/B Ratio of 2.03 is in the upper tier for the Office REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

CBRE

5.06

Real Estate Management & Development Industry

Max: 2.36
Q3: 1.18
Median: 0.75
Q1: 0.35
Min: 0.06

At 5.06, CBRE’s P/B Ratio is at an extreme premium to the Real Estate Management & Development industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

BXP vs. CBRE: A comparison of their Price-to-Book Ratio (MRQ) against their respective Office REITs and Real Estate Management & Development industry benchmarks.

Valuation at a Glance

Symbol	BXP	CBRE
Price-to-Earnings Ratio (TTM)	2,149.06	44.10
Price-to-Sales Ratio (TTM)	3.07	1.26
Price-to-Book Ratio (MRQ)	2.03	5.06
Price-to-Free Cash Flow Ratio (TTM)	110.75	24.51