CBRE Group, Inc. (CBRE)

CBRE Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	32,473	31,949	30,828	27,746	23,826	23,894
Revenue Growth (YoY)	5.07%	3.64%	11.11%	16.45%	-0.28%	11.97%
Cost of Revenue	26,144	25,675	24,239	21,580	19,048	18,689
Gross Profit	6,329	6,274	6,589	6,166	4,779	5,205
Selling, General & Admin	4,464	4,562	4,649	4,074	3,306	3,436
Other Operating Expenses	618.51	622	672	526	590.4	529.01
Operating Expenses	5,083	5,184	5,321	4,600	3,897	3,965
Operating Income	1,247	1,090	1,268	1,566	881.97	1,240
Interest Expense / Income	156.59	149	69	50	67.75	85.75
Other Expense / Income	-97.97	-295	-442	-889	-151.88	-197.95
Pretax Income	1,188	1,236	1,641	2,405	966.09	1,352
Income Tax	192.96	250	234	568	214.1	69.9
Net Income	995.11	986	1,407	1,837	751.99	1,282
Net Income Growth	-12.07%	-29.92%	-23.41%	144.29%	-41.36%	20.61%
Shares Outstanding (Basic)	306	308	323	335	335	336
Shares Outstanding (Diluted)	309	313	328	340	338	341
Shares Change	-2.17%	-4.62%	-3.54%	0.39%	-0.63%	-0.76%
EPS (Basic)	3.24	3.20	4.36	5.48	2.24	3.82
EPS (Diluted)	3.19	3.15	4.29	5.41	2.22	3.77
EPS Growth	-9.12%	-26.57%	-20.70%	143.69%	-41.11%	21.61%
Free Cash Flow	190.04	4	1,369	2,154	1,564	929.87
Free Cash Flow Per Share	0.62	0.01	4.24	6.42	4.67	2.77
Gross Margin	19.49%	19.64%	21.37%	22.22%	20.06%	21.78%
Operating Margin	3.84%	3.41%	4.11%	5.64%	3.70%	5.19%
Profit Margin	3.06%	3.09%	4.56%	6.62%	3.16%	5.37%
Free Cash Flow Margin	0.59%	0.01%	4.44%	7.76%	6.57%	3.89%
Effective Tax Rate	16.24%	20.23%	14.26%	23.62%	22.16%	5.17%
EBITDA	1,963	2,007	2,323	2,981	1,536	1,877
EBITDA Margin	6.05%	6.28%	7.54%	10.74%	6.44%	7.86%
Depreciation & Amortization	618.51	622	613	526	501.73	439.22
EBIT	1,345	1,385	1,710	2,455	1,034	1,438
EBIT Margin	4.14%	4.34%	5.55%	8.85%	4.34%	6.02%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).