CIGINasdaqReal EstateFiscal year ends December 31
Colliers International Group Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 20, 2026
$89.25−1.07 (-1.18%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 44.2
- Dividend yield
- 0.34%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
40.0%+2.5 pts over 5 years
Operating margin
6.7%+0.8 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +15.3% | +7.6% | +14.8% | +12.4% | |
| Gross profit | +15.8% | +9.2% | +16.3% | – | |
| Operating income | -4.7% | +3.7% | +17.6% | +16.5% | |
| EPS, diluted | -37.3% | +24.4% | +10.6% | +12.5% | |
| Free cash flow | -3.6% | – | +14.8% | +6.4% | |
| Dividend per share | 0.0% | 0.0% | +24.6% | +7.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 39.1% | – | – | |
| Return on assets | 6.0% | – | – | |
| Current ratio | 0.99 | 0.93 | 1.10 | |
| Debt to equity | 1.28 | 0.82 | 1.07 | |
| Net debt to EBITDA | 0.78× | 1.11× | 2.27× | |
| Capex to revenue | 1.3% | 1.4% | 1.4% | |
| Diluted shares | 39M | 40M | 51M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Colliers International generated $1.18B from operations and spent $580.38M on capital expenditure, dividends and share buybacks. 61% of that went back into the business.
Generated
$1.18B
Used
$580.38M
Capital expenditure$353.94M61%Dividends$60.71M10%Share buybacks$165.73M29%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.0%
×Asset turnover1.81×
×Equity multiplier5.35×
=Return on equity, FY201719.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2017 | 2.0% | 1.81× | 5.35× | 19.6% |
| FY2016 | 3.6% | 1.66× | 6.57× | 39.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$330.14M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$330.14M vs –
- Less leverageLong-term debt to assets fell24.6% → 23.9%
- Better liquidityCurrent ratio rose1.06 → 1.10
- No dilutionShare count did not rise50M → 51M
- Gross margin improvedGross margin up on the prior year39.86% → 40.05%
- More efficientAsset turnover rose0.88 → 0.91