CBRE Group Inc (CBRE) Financial Statements (2025 and earlier)

Company Profile

Business Address 2121 NORTH PEARL STREET
DALLAS, TX 75201
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 65 - Real Estate (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9281,0441,2651,2521,2611,231
Cash and cash equivalents9281,0441,2651,2521,2611,231
Restricted cash and investments105831061019688
Receivables6,4946,3346,5295,8885,7455,610
Prepaid expense342308333324353329
Contract with customer, asset, after allowance for credit loss454462443408370384
Other current assets357365315343635611
Other undisclosed current assets9738486751,0111,010792
Total current assets:9,6539,4449,6669,3279,4709,046
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization210210210979991
Operating lease, right-of-use asset1,0321,0031,030999984981
Nontrade receivables778578726659
Property, plant and equipment895900907852849833
Long-term investments and receivables1,3091,2981,3741,3161,3071,295
Long-term investments1,3091,2981,3741,3161,3071,295
Intangible assets, net (including goodwill)8,0527,8527,2107,0267,1747,087
Goodwill5,6675,5545,1294,9625,0444,934
Intangible assets, net (excluding goodwill)2,3852,2982,0812,0642,1302,153
Contract with customer, asset, after allowance for credit loss92887595140139
Regulated entity, other noncurrent assets1010111086
Deferred income tax assets338353361332306275
Other noncurrent assets1,6341,6101,5471,2371,2241,135
Other undisclosed noncurrent assets1601117932510684
Total noncurrent assets:13,80913,52012,88212,36112,26211,984
TOTAL ASSETS:23,46222,96422,54821,68721,73221,030
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3322,3583,2322,6282,5482,536
Accrued liabilities2,3322,3583,2322,6282,5482,536
Deferred revenue311304298263264262
Debt1,0329007271,6721,5862,009
Self insurance reserve   4   
Other liabilities238222218163189236
Other undisclosed current liabilities4,7164,4493,7643,1403,5653,674
Total current liabilities:8,6298,2338,2437,8678,1538,717
Noncurrent Liabilities
Long-term debt and lease obligation3,2723,2822,8042,7962,0601,086
Long-term debt, excluding current maturities3,2723,2822,8042,7962,0601,086
Liabilities, other than long-term debt2,3722,3502,4342,5642,6262,584
Accounts payable and accrued liabilities  3030303055
Deferred income tax liabilities248253255268280277
Liability for uncertainty in income taxes148141157141139155
Other liabilities8858719031,0651,1251,045
Operating lease, liability1,0911,0551,0891,0601,0511,053
Total noncurrent liabilities:5,6445,6325,2385,3604,6853,670
Total liabilities:14,27313,86513,48113,22712,83812,388
Equity
Equity, attributable to parent8,3568,2618,2677,6848,0987,860
Common stock333333
Additional paid in capital     13 
Accumulated other comprehensive loss(1,031)(1,005)(924)(1,044)(929)(953)
Retained earnings9,3849,2639,1888,7259,0118,810
Equity, attributable to noncontrolling interest833838800777796783
Total equity:9,1899,0999,0678,4618,8948,642
TOTAL LIABILITIES AND EQUITY:23,46222,96422,54821,68721,73221,030

Income Statement (P&L) ($ in millions)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues8,3917,9358,9507,8687,7207,411
Cost of revenue(6,793)(6,475)(7,092)(6,397)(6,179)(6,006)
Gross profit:1,5981,4601,8581,4711,5401,405
Operating expenses(161)(158)(157)(149)(154)(161)
Other undisclosed operating loss(1,191)(1,098)(1,197)(1,053)(1,080)(1,206)
Operating income:24620450426930637
Nonoperating income
(Other Nonoperating income)
69391462
Other undisclosed loss from continuing operations before equity method investments, income taxes   (1)   
Income from continuing operations before equity method investments, income taxes:25221354228331240
Income (loss) from equity method investments(15)(58)127(13)(8)142
Other undisclosed loss from continuing operations before income taxes(63)(36)(38)(38)(43)(28)
Income from continuing operations before income taxes:174119631231262153
Income tax expense (benefit)(32)29(136)(31)(55)(28)
Income from continuing operations:142148495201206125
Other undisclosed net income 00    
Net income:142148495201206125
Net loss attributable to noncontrolling interest(12)(22)(18)(10)(5)(8)
Net income available to common stockholders, diluted:130126477191201117

Comprehensive Income ($ in millions)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income:142148495201206125
Other comprehensive income (loss)(25)(88)159(144)3743
Comprehensive income:1176065457243168
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(13)(15)(57)19(17)(22)
Comprehensive income, net of tax, attributable to parent:1044559776226147

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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