CBRE Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	42,168	40,550	35,767	31,949	30,828	27,746
Revenue Growth (YoY)	14.88%	13.37%	11.95%	3.64%	11.11%	16.45%
Cost of Revenue	34,394	32,984	28,811	25,675	24,239	21,580
Gross Profit	7,774	7,566	6,956	6,274	6,589	6,166
Selling, General & Admin	5,812	5,543	5,011	4,562	4,649	4,074
Depreciation & Amortization Expenses	734	729	674	622	613	526
Other Operating Expenses	-	-	-	-	59	-
Operating Income	1,988	1,753	1,413	1,117	1,512	1,637
Interest Income	16	40	-19	248	229	619
Interest Expense	-225	-216	-215	-149	-69	-50
Other Non-Operating Income (Expense)	26	17	39	61	-14	204
Total Non-Operating Income (Expense)	-183	-159	-195	160	146	773
Pretax Income	1,805	1,594	1,218	1,277	1,658	2,410
Provision for Income Taxes	378	317	182	250	234	568
Net Income	1,312	1,157	968	986	1,407	1,837
Minority Interest in Earnings	115	120	68	41	17	5
Net Income to Common	1,312	1,157	968	986	1,407	1,837
Net Income Growth	30.55%	19.53%	-1.83%	-29.92%	-23.41%	144.28%
Shares Outstanding (Basic)	297	298	306	308	323	335
Shares Outstanding (Diluted)	299	301	308	313	328	340
Shares Change (YoY)	-2.40%	-2.36%	-1.44%	-4.62%	-3.54%	0.39%
EPS (Basic)	4.42	3.88	3.16	3.20	4.36	5.48
EPS (Diluted)	4.39	3.85	3.14	3.15	4.29	5.41
EPS Growth	34.25%	22.61%	-0.32%	-26.57%	-20.70%	143.69%
Shares Outstanding	292.84	295.73	302.05	304.89	311.01	332.88
Free Cash Flow	408	803	1,012	4	1,369	2,154
Free Cash Flow Growth	-49.19%	-20.65%	25200.00%	-99.71%	-36.44%	37.71%
Free Cash Flow Per Share	1.36	2.67	3.29	0.01	4.18	6.34
Gross Margin	18.44%	18.66%	19.45%	19.64%	21.37%	22.22%
Operating Margin	4.71%	4.32%	3.95%	3.50%	4.90%	5.90%
Profit Margin	3.38%	3.15%	2.90%	3.21%	4.62%	6.64%
FCF Margin	0.97%	1.98%	2.83%	0.01%	4.44%	7.76%
EBITDA	2,924	2,681	2,282	1,907	2,125	2,171
EBITDA Margin	6.93%	6.61%	6.38%	5.97%	6.89%	7.82%
EBIT	1,988	1,753	1,413	1,117	1,512	1,637
EBIT Margin	4.71%	4.32%	3.95%	3.50%	4.90%	5.90%
Effective Tax Rate	20.94%	19.89%	14.94%	19.58%	14.11%	23.57%

SEC Filings: 10-K · 10-Q