CBRE vs IIPR
Cbre Group, Inc. and Innovative Industrial Properties Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CBRE | IIPR |
|---|---|---|
| Revenue | $40.5B | $266.0M |
| Net income | $1.2B | $118.2M |
| Gross margin | · | 98.6% |
| Net margin | · | 44.5% |
| Return on equity | 13.4% | 6.2% |
| Diluted EPS | $3.85 | $3.93 |
| Dividend / share | · | · |
| Payout ratio | · | 182.9% |
| Free cash flow | $1.2B | · |
| Equity | $8.9B | $1.8B |
| Net debt / equity | 0.37× | 0.19× |
| Current ratio | 1.09× | · |
| Revenue CAGR 5y | 11.2% | 17.9% |
| Profit CAGR 5y | 9.0% | 12.5% |
CBRE bills 152.5× the revenue of IIPR.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | CBRE | IIPR |
|---|---|---|
| FY2025 | $40.5B | $266.0M |
| FY2024 | $35.8B | $308.5M |
| FY2023 | $31.9B | $309.5M |
| FY2022 | $30.8B | $276.4M |
| FY2021 | $27.7B | $204.6M |
| FY2020 | $23.8B | $116.9M |
| FY2019 | $23.9B | $44.7M |
| FY2018 | $21.3B | $14.8M |
| FY2017 | $18.6B | $6.4M |
Bottom line
| Fiscal year | CBRE | IIPR |
|---|---|---|
| FY2025 | $1.2B | $118.2M |
| FY2024 | $968.0M | $161.7M |
| FY2023 | $986.0M | $165.6M |
| FY2022 | $1.4B | $154.4M |
| FY2021 | $1.8B | $114.0M |
| FY2020 | $752.0M | $65.7M |
| FY2019 | $1.3B | $23.5M |
| FY2018 | $1.1B | $7.0M |
| FY2017 | $697.1M | $-72,000 |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$40,284,045,000 | CBRE |
| FY2024 | +$35,458,483,000 | CBRE |
| FY2023 | +$31,639,494,000 | CBRE |
| FY2022 | +$30,551,641,000 | CBRE |
| FY2021 | +$27,541,449,000 | CBRE |
| FY2020 | +$23,709,299,000 | CBRE |
| FY2019 | +$23,849,424,000 | CBRE |
| FY2018 | +$21,325,301,000 | CBRE |
| FY2017 | +$18,622,367,000 | CBRE |
CBRE has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CBRE's return on equity has been more volatile than IIPR's over the 9 comparable fiscal years — 5.0 percentage points of standard deviation against 2.6.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CBRE led in return on equity in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.