CBRE Group, Inc. (CBRE) — Financial statements
Income statement, balance sheet, and cash flow for CBRE Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 40,550↑13.4% | 35,767↑12.0% | 31,949↑3.6% | 30,828↑11.1% | 27,746 | |
| Cost of Revenue | 34,479↑19.9% | 28,747↑12.1% | 25,650↑6.0% | 24,207↑12.2% | 21,580 | |
| Gross Profit | 6,071↓13.5% | 7,020↑11.4% | 6,299↓4.9% | 6,621↑7.4% | 6,166 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 5,543↑15.1% | 4,814↑8.6% | 4,431↓1.8% | 4,514↑12.7% | 4,005 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 82↑10.8% | 74↓12.9% | 85↑23.4% | 69 | |
| SG&A Expenses | 5,543↑13.2% | 4,896↑8.7% | 4,505↓2.0% | 4,599↑12.9% | 4,074 | |
| Other Expenses | -766↓207.7% | 711↑5.0% | 677↑32.7% | 510↑12.1% | 455 | |
| Operating Expenses | 4,777↓14.8% | 5,607↑8.2% | 5,182↑1.4% | 5,109↑12.8% | 4,529 | |
| Total Costs & Expenses | 39,256↑14.3% | 34,354↑11.4% | 30,832↑5.2% | 29,316↑12.3% | 26,109 | |
| Operating Results | ||||||
| Operating Income | 1,294↓8.4% | 1,413↑26.5% | 1,117↓26.1% | 1,512↓7.6% | 1,637 | |
| Depreciation & Amortization | 766↑9.3% | 701↑8.3% | 647↑5.5% | 613↑16.5% | 526 | |
| EBITDA | 2,583↑20.1% | 2,151↑17.7% | 1,828↓10.0% | 2,030↓3.0% | 2,092 | |
| EBIT | 1,817↑25.3% | 1,450↑22.8% | 1,181↓16.7% | 1,417↓9.5% | 1,566 | |
| Interest & Other Income | ||||||
| Net Interest Income | -223↓3.7% | -215↓44.3% | -149↓115.9% | -69↓37.0% | -50 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 223↑3.7% | 215↑44.3% | 149↑115.9% | 69↑37.0% | 50 | |
| Non-Operating Income | -523↓1313.5% | -37↑42.2% | -64↓167.4% | 95↑33.8% | 71 | |
| Other Income / Expenses | 300↑253.8% | -195↓221.9% | 160↑9.6% | 146↓81.1% | 773 | |
| Income Before Tax | 1,594↑30.9% | 1,218↓4.6% | 1,277↓23.0% | 1,658↓31.2% | 2,410 | |
| Income Tax Expense | 317↑74.2% | 182↓27.2% | 250↑6.8% | 234↓58.8% | 568 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,277↑23.3% | 1,036↑0.9% | 1,027↓27.9% | 1,424↓22.7% | 1,842 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,157↑19.5% | 968↓1.8% | 986↓29.9% | 1,407↓23.4% | 1,837 | |
| Bottom-Line Net Income | 1,157↑19.5% | 968↓1.8% | 986↓29.9% | 1,407↓23.4% | 1,837 | |
| EPS (Basic) | 3.88↑22.8% | 3.16↓1.3% | 3.20↓26.6% | 4.36↓20.4% | 5.48 | |
| EPS (Diluted) | 3.85↑22.6% | 3.14↓0.3% | 3.15↓26.6% | 4.29↓20.7% | 5.41 | |
| Weighted Average Shares | 298↓2.5% | 306↓0.8% | 308↓4.5% | 323↓3.7% | 335 | |
| Weighted Average Diluted Shares | 301↓2.4% | 308↓1.4% | 313↓4.6% | 328↓3.5% | 340 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.