CBRE Group, Inc. (CBRE)

CBRE Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,428	1,277	1,036	1,027	1,424	1,842
Depreciation & Amortization	936	928	869	790	613	534
Stock-Based Compensation	147	120	146	96	160	185
Other Adjustments	-421	-728	-471	-516	71	-447
Change in Receivables	-1,053	-882	-597	-702	-503	-766
Changes in Inventories	-	-	-	-	95	-55
Changes in Accounts Payable	541	570	566	34	64	105
Changes in Accrued Expenses	300	285	206	-173	-2	730
Changes in Income Taxes Payable	-131	-40	-82	-103	-133	248
Changes in Other Operating Activities	-776.5	-853	-562	-675	-568	-833
Operating Cash Flow	1,280	1,559	1,708	480	1,629	2,364
Operating Cash Flow Growth	-22.61%	-8.72%	255.83%	-70.53%	-31.09%	29.13%
Capital Expenditures	-872	-756	-696	-476	-260	-210
Sale of Property, Plant & Equipment	321	509	235	77	-	-
Purchases of Investments	-	-	-	-	-	-220
Proceeds from Sale of Investments	-	-	-	-	-	213
Payments for Business Acquisitions	-1,071	-1,374	-1,067	-203	-173	-781
Other Investing Activities	12	-6	14	-79	-399	-283
Investing Cash Flow	-1,101	-1,627	-1,514	-681	-832	-1,281
Short-Term Debt Issued	1,152	677	4,348	4,006	1,833	27
Short-Term Debt Repaid	-	-132	-4,041	-4,184	-1,655	-
Net Short-Term Debt Issued (Repaid)	1,152	545	307	-178	178	27
Long-Term Debt Issued	1,573	2,410	495	1,723	-	570
Long-Term Debt Repaid	-370	-670	-9	-437	-	-409
Net Long-Term Debt Issued (Repaid)	1,203	1,740	486	1,286	-	161
Repurchase of Common Stock	-1,080	-968	-627	-665	-1,888	-408
Net Common Stock Issued (Repurchased)	-1,080	-968	-627	-665	-1,888	-408
Other Financing Activities	-327	-521	-387	-289	-56	-270
Financing Cash Flow	85	796	-221	154	-1,766	-490
Effect of Exchange Rate Changes on Cash and Cash Equivalents	18	65	-123	13	-166	-92
Net Cash Flow	282	793	-150	-34	-1,135	501
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%
FCF Margin	0.97%	1.98%	2.83%	0.01%	4.44%	7.76%
Free Cash Flow Per Share	1.36	2.67	3.29	0.01	4.18	6.34
Levered Free Cash Flow	3,665	3,576	2,062	1,491	1,394	2,544
Unlevered Free Cash Flow	1,569	1,538	1,503	295.32	1,108	1,770

Updated Apr 23, 2026. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q