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Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Colliers International Group (CIGI) investor relations material
Colliers International Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary4 Nov, 2025
Executive summary
Delivered strong third-quarter results with momentum across all business segments, especially engineering and real estate services, driven by both acquisitions and organic growth.
Engineering segment now generates over $1.7 billion in annualized revenue and employs more than 10,000 professionals globally.
Real estate services saw a surge in leasing and capital markets transactions, with positive outlook as interest rates stabilize.
Investment management advanced global integration under the Harrison Street brand and reported higher assets under management.
Over 70% of earnings from recurring revenues; free cash flow conversion at 96% of adjusted net earnings.
Financial highlights
Q3 2025 revenues rose 24% year-over-year to $1.46B; net revenues up 19% to $1.26B.
Adjusted EBITDA was $191.1M, a 24% increase from last year; margin steady at 13.1%.
Adjusted EPS up 24% to $1.64; GAAP diluted EPS up 12% to $0.82.
Real estate services revenues increased 14%, with capital markets up 21% and leasing up 15%.
Assets under management ended the quarter at $108.3B, up 10% year over year and 5% sequentially.
Outlook and guidance
Full-year consolidated outlook maintained; expects low-teens revenue growth, mid-teens Adjusted EBITDA growth, and mid to high-teens Adjusted EPS growth.
Real estate services and engineering may exceed previous guidance; investment management expected slightly below guidance due to integration costs.
Fundraising for the year expected near the midpoint of the $5–$8B target.
Outlook assumes lower global trade uncertainty and interest rate volatility in Q4.
Solid backlogs across geographies provide confidence heading into 2026.
Impact of acquisition-related items on GAAP earnings?
Investment Management EBITDA decline vs. strategy?
Capital allocation strategy given rising debt ratio?
Engineering: Strategy to double business?
IM: Long-term margin impact of growth investments?
Capital markets: Pace and breadth of recovery?
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Next Colliers International Group earnings date
Q4 20256 Feb, 2026
Next Colliers International Group earnings date
Q4 20256 Feb, 2026
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Frequently asked questions
Colliers International Group Inc. operates through four segments: Office, Industrial, Land and Energy within the United States, Canada and Latin America. The Office segment offers a range of service solutions to clients across the United States in all major property types, including medical office buildings, retail-focused office properties, industrial land, urban infill retail, and logistics facilities.
The Industrial segment offers clients a full range of services for the acquisition, disposition and redevelopment of industrial properties. The Land segment provides a range of services to help public and private owners create and sustain value from their land assets by finding the right strategic partners for their land holdings for development. The company was founded in 1972 and is headquartered in Toronto, Canada.
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