Tearsheet

Colliers International (CIGI)


Market Price (11/7/2025): $151.64 | Market Cap: $7.7 Bil
Sector: Real Estate | Industry: Real Estate Services

Colliers International (CIGI)


Market Price (11/7/2025): $151.64
Market Cap: $7.7 Bil
Sector: Real Estate
Industry: Real Estate Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 20%
Weak multi-year price returns
3Y Excs Rtn is -6.5%
Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 27x
1 Low stock price volatility
Vol 12M is 29%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 20%
1 Low stock price volatility
Vol 12M is 29%
2 Weak multi-year price returns
3Y Excs Rtn is -6.5%
3 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 27x
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4%

Market Valuation & Key Metrics

CIGI Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
CIGI Return14%67%-38%38%8%11%96%
Peers Return9%-8%-35%60%-12%59%46%
S&P 500 Return16%27%-19%24%23%14%108%

Monthly Win Rates [3]
CIGI Win Rate58%67%33%67%58%60% 
Peers Win Rate33%25%20%32%22%60% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
CIGI Max Drawdown-54%-4%-42%-6%-18%-22% 
Peers Max Drawdown-15%-17%-36%-5%-18%-25% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: OPEN, GBR, GYRO, HBNB, LHAI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/6/2025 (YTD)

How Low Can It Go

Unique KeyEventCIGIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-45.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven81.8%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven1007 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-60.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven152.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven255 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-36.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven58.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven389 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-80.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven415.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven756 days1480 days

Compare to OPEN, GBR, GYRO, HBNB, LHAI


In The Past

Colliers International's stock fell -45.0% during the 2022 Inflation Shock from a high on 2/16/2022. A -45.0% loss requires a 81.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Colliers International (CIGI)

Better Bets than Colliers International (CIGI)

Trade Ideas

Select past ideas related to CIGI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-2.5%-2.5%-5.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-2.5%-2.5%-5.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Colliers International

Financials

CIGIOPENGBRGYROHBNBLHAIMedian
NameColliers.Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
Mkt Price150.606.560.919.725.3210.758.14
Mkt Cap7.74.80.00.0--2.4
Rev LTM5,4545,18105-1515
Op Inc LTM388-204-0-3-1-0
FCF LTM221511-0-2-11
FCF 3Y Avg1931,094049--121
CFO LTM289526-0-2-11
CFO 3Y Avg2681,122049--158

Growth & Margins

CIGIOPENGBRGYROHBNBLHAIMedian
NameColliers.Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
Rev Chg LTM19.7%14.1%4.1%-1.2%-215.1%14.1%
Rev Chg 3Y Avg6.5%-24.2%5.8%2.1%--4.0%
Rev Chg Q24.1%3.7%8.1%-1.8%-116.2%8.1%
QoQ Delta Rev Chg LTM5.5%1.1%2.0%-0.2%-21.2%2.0%
Op Mgn LTM7.1%-3.9%-166.9%-50.0%-7.3%-3.9%
Op Mgn 3Y Avg7.7%-7.4%-141.8%-153.7%---74.6%
QoQ Delta Op Mgn LTM-0.1%1.3%-1.3%2.6%--2.0%-0.1%
CFO/Rev LTM5.3%10.2%-26.5%-43.8%-5.5%5.3%
CFO/Rev 3Y Avg5.6%5.9%0.0%1,138.1%--5.8%
FCF/Rev LTM4.1%9.9%-26.5%-43.8%-5.5%4.1%
FCF/Rev 3Y Avg4.0%5.4%0.0%1,136.7%--4.7%

Valuation

CIGIOPENGBRGYROHBNBLHAIMedian
NameColliers.Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
Mkt Cap7.74.80.00.0--2.4
P/S1.40.930.90.3--1.2
P/EBIT20.6-28.1-18.5-0.6---9.6
P/E65.4-15.7-76.627.0--5.6
P/CFO26.59.1-116.8-0.6--4.3
Total Yield1.7%-6.4%-1.3%3.7%--0.2%
Dividend Yield0.2%0.0%0.0%0.0%--0.0%
FCF Yield 3Y Avg3.0%61.1%0.1%3,141.7%--32.1%
D/E0.30.50.012.9--0.4
Net D/E0.30.3-0.13.2--0.3

Returns

CIGIOPENGBRGYROHBNBLHAIMedian
NameColliers.Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
1M Rtn-0.9%-29.4%-9.9%-2.8%71.7%17.7%-1.9%
3M Rtn-4.0%254.6%2.2%-3.9%209.5%43.1%22.7%
6M Rtn22.4%652.3%11.0%28.7%--25.6%
12M Rtn2.5%268.5%-22.2%-7.4%---2.5%
3Y Rtn73.5%278.1%-30.0%-2.8%--35.4%
1M Excs Rtn-0.2%-22.2%-10.3%-1.1%67.4%21.8%-0.7%
3M Excs Rtn-9.4%231.2%5.8%-9.0%199.1%38.2%22.0%
6M Excs Rtn3.8%633.6%-7.7%10.1%--6.9%
12M Excs Rtn-19.6%237.0%-39.2%-23.3%---21.5%
3Y Excs Rtn-6.5%94.6%-107.4%-69.9%---38.2%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Investment Management2,857    
Real Estate Services990    
Engineering487    
Unallocated revenue0    
Capital Markets 1,0841,236701776
Engineering and design (E&D) and Project management 791565  
Investment Management (IM) - Advisory and other 349218168155
Investment Management (IM) - Incentive Fees 3035419
Leasing 1,1241,001686946
Other 105895338
Property management 499498  
Valuation and advisory 478447339346
Property services   835765
Total4,3354,4594,0892,7873,046


Operating Income by Segment
$ Mil20242023202220212020
Investment Management292    
Engineering214    
Real Estate Services97    
Gains attributable to Mortgage servicing rights (MSRs)18    
Loss on disposal of business-2    
Equity earnings from non-consolidated investments-5    
Corporate-7    
Stock based compensation-27    
Restructuring costs-28    
Acquisition related costs-47    
Depreciation and amortization-203    
Total301    


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity330,672
Short Interest: % Change Since 9302025-8.4%
Average Daily Volume84,625
Days-to-Cover Short Interest3.91
Basic Shares Quantity50,854,000
Short % of Basic Shares0.7%

SEC Filings

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Report DateFiling DateFiling
9302025110420256-K 9/30/2025
630202580620256-K 6/30/2025
331202550920256-K 3/31/2025
12312024213202540-F 12/31/2024
9302024110820246-K 9/30/2024
630202480720246-K 6/30/2024
331202450620246-K 3/31/2024
12312023215202440-F 12/31/2023
9302023110820236-K 9/30/2023
630202380420236-K 6/30/2023
331202350520236-K 3/31/2023
12312022216202340-F 12/31/2022
9302022110420226-K 9/30/2022
630202280520226-K 6/30/2022
331202250620226-K 3/31/2022
12312021217202240-F 12/31/2021

Insider Activity

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