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5 / 10Stock Comparison
VRE vs CBRE vs JLL vs NMRK vs CWK
Revenue, margins, valuation, and 5-year total return — side by side.
Real Estate - Services
Real Estate - Services
Real Estate - Services
Real Estate - Services
VRE vs CBRE vs JLL vs NMRK vs CWK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | REIT - Residential | Real Estate - Services | Real Estate - Services | Real Estate - Services | Real Estate - Services |
| Market Cap | $1.78B | $43.00B | $15.22B | $3.11B | $3.24B |
| Revenue (TTM) | $291M | $42.17B | $26.76B | $3.29B | $10.54B |
| Net Income (TTM) | $70M | $1.31B | $896M | $126M | $74M |
| Gross Margin | 23.4% | 35.0% | 89.4% | 98.6% | 13.2% |
| Operating Margin | 14.7% | 3.8% | 4.6% | 7.1% | 4.4% |
| Forward P/E | 23.7x | 19.2x | 14.5x | 8.9x | 9.6x |
| Total Debt | $1.37B | $9.99B | $3.36B | $2.00B | $3.24B |
| Cash & Equiv. | $14M | $1.86B | $599M | $349M | $784M |
VRE vs CBRE vs JLL vs NMRK vs CWK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Veris Residential, … (VRE) | 100 | 124.7 | +24.7% |
| CBRE Group, Inc. (CBRE) | 100 | 333.6 | +233.6% |
| Jones Lang LaSalle … (JLL) | 100 | 320.4 | +220.4% |
| Newmark Group, Inc. (NMRK) | 100 | 396.9 | +296.9% |
| Cushman & Wakefield… (CWK) | 100 | 135.0 | +35.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VRE vs CBRE vs JLL vs NMRK vs CWK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VRE carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 3 yrs, beta 0.22, yield 1.7%
- Beta 0.22, yield 1.7%, current ratio 0.08x
- 24.2% margin vs CWK's 0.7%
- Beta 0.22 vs CWK's 1.90, lower leverage
CBRE is the clearest fit if your priority is long-term compounding.
- 405.3% 10Y total return vs JLL's 191.8%
JLL ranks third and is worth considering specifically for sleep-well-at-night.
- Lower volatility, beta 1.26, Low D/E 44.1%, current ratio 7.49x
- 5.1% ROA vs CWK's 1.0%, ROIC 8.9% vs 7.9%
NMRK is the #2 pick in this set and the best alternative if growth exposure and valuation efficiency is your priority.
- Rev growth 21.9%, EPS growth 100.0%, 3Y rev CAGR 7.2%
- PEG 0.76 vs CBRE's 1.65
- 21.9% FFO/revenue growth vs VRE's 6.4%
- Lower P/E (8.9x vs 14.5x), PEG 0.76 vs 0.89
Among these 5 stocks, CWK doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 21.9% FFO/revenue growth vs VRE's 6.4% | |
| Value | Lower P/E (8.9x vs 14.5x), PEG 0.76 vs 0.89 | |
| Quality / Margins | 24.2% margin vs CWK's 0.7% | |
| Stability / Safety | Beta 0.22 vs CWK's 1.90, lower leverage | |
| Dividends | 1.7% yield, 3-year raise streak, vs NMRK's 0.5%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +52.0% vs CBRE's +17.4% | |
| Efficiency (ROA) | 5.1% ROA vs CWK's 1.0%, ROIC 8.9% vs 7.9% |
VRE vs CBRE vs JLL vs NMRK vs CWK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
VRE vs CBRE vs JLL vs NMRK vs CWK — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
VRE leads in 2 of 6 categories
CWK leads 1 • JLL leads 1 • NMRK leads 1 • CBRE leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
VRE leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CBRE is the larger business by revenue, generating $42.2B annually — 145.0x VRE's $291M. VRE is the more profitable business, keeping 24.2% of every revenue dollar as net income compared to CWK's 0.7%. On growth, CBRE holds the edge at +18.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $291M | $42.2B | $26.8B | $3.3B | $10.5B |
| EBITDAEarnings before interest/tax | $129M | $2.3B | $1.5B | $415M | $568M |
| Net IncomeAfter-tax profit | $70M | $1.3B | $896M | $126M | $74M |
| Free Cash FlowCash after capex | $50M | $897M | $971M | $155M | $230M |
| Gross MarginGross profit ÷ Revenue | +23.4% | +35.0% | +89.4% | +98.6% | +13.2% |
| Operating MarginEBIT ÷ Revenue | +14.7% | +3.8% | +4.6% | +7.1% | +4.4% |
| Net MarginNet income ÷ Revenue | +24.2% | +3.1% | +3.3% | +3.8% | +0.7% |
| FCF MarginFCF ÷ Revenue | +17.1% | +2.1% | +3.6% | +4.7% | +2.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.5% | +18.1% | +11.1% | +15.3% | +11.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -36.4% | +98.1% | +192.1% | +146.7% | — |
Valuation Metrics
CWK leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 20.0x trailing earnings, JLL trades at a 48% valuation discount to CBRE's 38.1x P/E. Adjusting for growth (PEG ratio), JLL offers better value at 1.23x vs CBRE's 3.27x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.8B | $43.0B | $15.2B | $3.1B | $3.2B |
| Enterprise ValueMkt cap + debt − cash | $3.1B | $51.1B | $18.0B | $4.8B | $5.7B |
| Trailing P/EPrice ÷ TTM EPS | 23.71x | 38.10x | 20.00x | 24.81x | 36.42x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 19.16x | 14.55x | 8.94x | 9.58x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.27x | 1.23x | 2.11x | — |
| EV / EBITDAEnterprise value multiple | 23.09x | 24.82x | 12.61x | 11.47x | 10.13x |
| Price / SalesMarket cap ÷ Revenue | 6.17x | 1.06x | 0.58x | 0.93x | 0.32x |
| Price / BookPrice ÷ Book value/share | 1.52x | 4.58x | 2.08x | 2.44x | 1.66x |
| Price / FCFMarket cap ÷ FCF | 32.39x | 36.05x | 15.55x | 21.82x | 11.07x |
Profitability & Efficiency
JLL leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
CBRE delivers a 14.3% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $4 for CWK. JLL carries lower financial leverage with a 0.44x debt-to-equity ratio, signaling a more conservative balance sheet compared to CWK's 1.66x. On the Piotroski fundamental quality scale (0–9), JLL scores 8/9 vs CWK's 6/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +5.6% | +14.3% | +12.1% | +7.8% | +3.8% |
| ROA (TTM)Return on assets | +2.5% | +4.5% | +5.1% | +2.4% | +1.0% |
| ROICReturn on invested capital | +1.3% | +6.2% | +8.9% | +5.2% | +7.9% |
| ROCEReturn on capital employed | +2.0% | +7.7% | +8.9% | +6.6% | +7.2% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 6 | 8 | 7 | 6 |
| Debt / EquityFinancial leverage | 1.07x | 1.04x | 0.44x | 1.14x | 1.66x |
| Net DebtTotal debt minus cash | $1.4B | $8.1B | $2.8B | $1.7B | $2.5B |
| Cash & Equiv.Liquid assets | $14M | $1.9B | $599M | $349M | $784M |
| Total DebtShort + long-term debt | $1.4B | $10.0B | $3.4B | $2.0B | $3.2B |
| Interest CoverageEBIT ÷ Interest expense | 1.84x | 8.15x | 10.15x | 7.20x | 1.53x |
Total Returns (Dividends Reinvested)
NMRK leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CBRE five years ago would be worth $16,882 today (with dividends reinvested), compared to $7,397 for CWK. Over the past 12 months, NMRK leads with a +52.0% total return vs CBRE's +17.4%. The 3-year compound annual growth rate (CAGR) favors NMRK at 47.3% vs VRE's 6.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +28.4% | -8.4% | -2.3% | -0.4% | -12.6% |
| 1-Year ReturnPast 12 months | +22.8% | +17.4% | +43.8% | +52.0% | +38.8% |
| 3-Year ReturnCumulative with dividends | +21.5% | +100.6% | +149.1% | +219.7% | +83.3% |
| 5-Year ReturnCumulative with dividends | +16.8% | +68.8% | +64.8% | +36.1% | -26.0% |
| 10-Year ReturnCumulative with dividends | -12.8% | +405.3% | +191.8% | +30.4% | -22.3% |
| CAGR (3Y)Annualised 3-year return | +6.7% | +26.1% | +35.6% | +47.3% | +22.4% |
Risk & Volatility
VRE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
VRE is the less volatile stock with a 0.22 beta — it tends to amplify market swings less than CWK's 1.90 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. VRE currently trades 99.7% from its 52-week high vs CWK's 79.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.22x | 1.12x | 1.26x | 1.58x | 1.90x |
| 52-Week HighHighest price in past year | $19.03 | $174.27 | $363.06 | $19.84 | $17.40 |
| 52-Week LowLowest price in past year | $13.69 | $118.81 | $211.86 | $10.20 | $9.43 |
| % of 52W HighCurrent price vs 52-week peak | +99.7% | +84.2% | +90.4% | +85.0% | +79.5% |
| RSI (14)Momentum oscillator 0–100 | 66.3 | 52.2 | 50.4 | 59.4 | 58.8 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 1.9M | 420K | 1.6M | 1.5M |
Analyst Outlook
Evenly matched — VRE and JLL each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: VRE as "Hold", CBRE as "Buy", JLL as "Buy", NMRK as "Buy", CWK as "Hold". Consensus price targets imply 35.8% upside for CWK (target: $19) vs -26.2% for VRE (target: $14). For income investors, VRE offers the higher dividend yield at 1.70% vs NMRK's 0.51%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | $14.00 | $179.75 | $382.75 | $21.00 | $18.80 |
| # AnalystsCovering analysts | 12 | 20 | 12 | 11 | 16 |
| Dividend YieldAnnual dividend ÷ price | +1.7% | — | — | +0.5% | — |
| Dividend StreakConsecutive years of raises | 3 | 1 | 9 | 0 | — |
| Dividend / ShareAnnual DPS | $0.32 | — | — | $0.09 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +2.3% | +1.4% | +4.1% | +0.3% |
VRE leads in 2 of 6 categories (Income & Cash Flow, Risk & Volatility). CWK leads in 1 (Valuation Metrics). 1 tied.
VRE vs CBRE vs JLL vs NMRK vs CWK: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is VRE or CBRE or JLL or NMRK or CWK a better buy right now?
For growth investors, Newmark Group, Inc.
(NMRK) is the stronger pick with 21. 9% revenue growth year-over-year, versus 6. 4% for Veris Residential, Inc. (VRE). Jones Lang LaSalle Incorporated (JLL) offers the better valuation at 20. 0x trailing P/E (14. 5x forward), making it the more compelling value choice. Analysts rate CBRE Group, Inc. (CBRE) a "Buy" — based on 20 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — VRE or CBRE or JLL or NMRK or CWK?
On trailing P/E, Jones Lang LaSalle Incorporated (JLL) is the cheapest at 20.
0x versus CBRE Group, Inc. at 38. 1x. On forward P/E, Newmark Group, Inc. is actually cheaper at 8. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Newmark Group, Inc. wins at 0. 76x versus CBRE Group, Inc. 's 1. 65x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — VRE or CBRE or JLL or NMRK or CWK?
Over the past 5 years, CBRE Group, Inc.
(CBRE) delivered a total return of +68. 8%, compared to -26. 0% for Cushman & Wakefield plc (CWK). Over 10 years, the gap is even starker: CBRE returned +405. 3% versus CWK's -22. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — VRE or CBRE or JLL or NMRK or CWK?
By beta (market sensitivity over 5 years), Veris Residential, Inc.
(VRE) is the lower-risk stock at 0. 22β versus Cushman & Wakefield plc's 1. 90β — meaning CWK is approximately 760% more volatile than VRE relative to the S&P 500. On balance sheet safety, Jones Lang LaSalle Incorporated (JLL) carries a lower debt/equity ratio of 44% versus 166% for Cushman & Wakefield plc — giving it more financial flexibility in a downturn.
05Which is growing faster — VRE or CBRE or JLL or NMRK or CWK?
By revenue growth (latest reported year), Newmark Group, Inc.
(NMRK) is pulling ahead at 21. 9% versus 6. 4% for Veris Residential, Inc. (VRE). On earnings-per-share growth, the picture is similar: Veris Residential, Inc. grew EPS 420. 0% year-over-year, compared to -32. 1% for Cushman & Wakefield plc. Over a 3-year CAGR, CBRE leads at 9. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — VRE or CBRE or JLL or NMRK or CWK?
Veris Residential, Inc.
(VRE) is the more profitable company, earning 26. 1% net margin versus 0. 9% for Cushman & Wakefield plc — meaning it keeps 26. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VRE leads at 17. 1% versus 3. 2% for CBRE. At the gross margin level — before operating expenses — JLL leads at 99. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is VRE or CBRE or JLL or NMRK or CWK more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Newmark Group, Inc. (NMRK) is the more undervalued stock at a PEG of 0. 76x versus CBRE Group, Inc. 's 1. 65x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Newmark Group, Inc. (NMRK) trades at 8. 9x forward P/E versus 19. 2x for CBRE Group, Inc. — 10. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CWK: 35. 8% to $18. 80.
08Which pays a better dividend — VRE or CBRE or JLL or NMRK or CWK?
In this comparison, VRE (1.
7% yield), NMRK (0. 5% yield) pay a dividend. CBRE, JLL, CWK do not pay a meaningful dividend and should not be held primarily for income.
09Is VRE or CBRE or JLL or NMRK or CWK better for a retirement portfolio?
For long-horizon retirement investors, Veris Residential, Inc.
(VRE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 22), 1. 7% yield). Cushman & Wakefield plc (CWK) carries a higher beta of 1. 90 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (VRE: -12. 8%, CWK: -22. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between VRE and CBRE and JLL and NMRK and CWK?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: VRE is a small-cap quality compounder stock; CBRE is a mid-cap quality compounder stock; JLL is a mid-cap quality compounder stock; NMRK is a small-cap high-growth stock; CWK is a small-cap quality compounder stock. VRE, NMRK pay a dividend while CBRE, JLL, CWK do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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