CBRE Group, Inc. (CBRE)
NYSE: CBRE · Real-Time Price · USD
135.51
-0.84 (-0.62%)
Nov 6, 2026, 4:00 PM EST - Market closed
CBRE Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 443 | 204 | 318 | 416 | 363 | 215 | 163 | 487 | 225 | 130 | 126 | 477 | 191 | 201 | 117 | 80.74 | 446.64 | 487.32 | 392.3 | 691.99 |
Depreciation & Amortization | 232 | 240 | 233 | 236 | 194 | 200 | 190 | 232 | 226 | 206 | 205 | 182 | 149 | 154 | 162 | 177.87 | 142.14 | 162.36 | 149.03 | 194.04 |
Other Amortization | - | - | - | - | - | - | - | - | - | - | - | -4 | 2 | 1 | 1 | 1.46 | 3.13 | 1.74 | 1.66 | 3.24 |
Loss (Gain) From Sale of Assets | -184 | -5 | -301 | -459 | -36 | -19 | - | -142 | - | 29 | -29 | -32 | -52 | -22 | -23 | -70.06 | -45.79 | -58.73 | -28.42 | -132.25 |
Asset Writedown & Restructuring Costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.24 | - | 26.41 | 10.35 | - |
Loss (Gain) From Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | 4 | -1 | -3 | - | 0.95 | 1.8 | 10.56 | 16.69 | -15.08 |
Loss (Gain) on Equity Investments | -104 | -4 | 9 | 10 | -52 | 18 | -16 | -58 | 4 | 15 | 58 | -60 | 19 | 13 | 36 | 186.5 | -179.72 | 49.34 | 103.87 | -21.61 |
Stock-Based Compensation | 51 | 59 | 48 | 10 | 47 | 42 | 21 | 34 | 43 | 39 | 30 | 23 | 34 | 21 | 18 | 36.19 | 41.49 | 45.46 | 36.86 | 51.63 |
Provision & Write-off of Bad Debts | - | - | - | - | - | - | - | - | - | - | - | -13 | 7 | 2 | 4 | 5.5 | 3.72 | 4.48 | 3.3 | - |
Other Operating Activities | 81 | 57 | 62 | 12 | -29 | 36 | 35 | -111 | -69 | -88 | -12 | -608 | 510 | -17 | -13 | -145.82 | 168.74 | -255.26 | 17.94 | -136.09 |
Change in Accounts Receivable | -256 | -529 | -254 | -463 | -252 | -385 | 218 | -397 | -275 | -122 | 197 | -633 | -126 | -28 | -73 | -127.64 | 133.99 | -353.29 | -156.06 | -510.8 |
Change in Accounts Payable | 197 | 177 | -89 | 565 | 181 | 49 | -225 | 477 | 153 | 147 | -211 | 315 | 20 | -239 | -74 | 196.42 | 61.81 | -85.88 | -108.36 | 212.51 |
Change in Income Taxes | 4 | -221 | -3 | 164 | 50 | -178 | -76 | 75 | -4 | -110 | -43 | 68 | -8 | -100 | -57 | -3.49 | -69.35 | -77.88 | 17.72 | 206.19 |
Change in Other Net Operating Assets | 619 | -91 | -1,513 | 701 | 548 | 326 | -233 | -139 | 724 | 158 | -651 | 795 | -370 | 216 | -515 | -292.31 | 193.56 | 326.91 | -965.17 | 496.96 |
Operating Cash Flow | 869 | 138 | -825 | 1,221 | 827 | 57 | -546 | 1,340 | 573 | 287 | -492 | 853 | 383 | -11 | -745 | 814.19 | 753.89 | 454.42 | -393.51 | 1,164 |
Operating Cash Flow Growth (YoY) | 5.08% | 142.10% | - | -8.88% | 44.33% | -80.14% | - | 57.09% | 49.61% | - | - | 4.77% | -49.20% | - | - | -30.06% | -22.52% | 8.05% | - | 23.78% |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -126 | -114 | -81 | -144 | -84 | -74 | -64 | -93 | -79 | -67 | -68 | -94 | -76 | -75 | -60 | -99 | -64.27 | -54.67 | -42.06 | -88.44 |
Cash Acquisitions | - | -6 | - | -1,043 | -20 | -8 | -303 | -15 | -1 | -268 | -783 | -33 | -4 | -121 | -45 | -112.87 | -14.75 | -28.59 | -16.79 | -710.12 |
Sale (Purchase) of Real Estate | -11 | -141 | 156 | 359 | -91 | 8 | -53 | 58 | -76 | -77 | -59 | -46 | -48 | - | - | - | - | - | - | - |
Investment in Securities | -80 | -28 | -17 | -68 | -8 | -34 | -51 | -26 | -37 | -45 | -28 | 4 | -38 | -25 | -14 | -23.16 | -197.35 | -146.2 | -32.29 | 71.22 |
Other Investing Activities | 62 | 16 | 6 | -67 | 6 | 103 | 9 | 56 | 6 | 50 | 38 | 25 | -1 | -34 | 4 | 6.78 | 1.57 | -3.87 | -4.49 | 1.85 |
Investing Cash Flow | -155 | -273 | 64 | -963 | -197 | -5 | -462 | -20 | -187 | -407 | -900 | -144 | -167 | -255 | -115 | -228.25 | -274.81 | -233.32 | -95.62 | -725.49 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 1,066 | - | - | - | 1,421 | - | - | - | 1,070 | - | - | - | 1,660 | - | - | - | 210 | - |
Long-Term Debt Issued | - | - | - | - | - | - | 585 | - | - | - | 495 | - | - | - | - | - | - | - | 19.37 | - |
Total Debt Issued | -380 | 399 | 1,066 | 509 | -278 | 850 | 2,006 | 1,135 | 708 | 1,435 | 1,565 | 109 | 1,439 | 2,521 | 1,660 | 1,563 | -16.8 | 96.34 | 229.37 | 33.87 |
Short-Term Debt Repaid | - | - | - | - | - | - | -132 | - | - | - | -250 | - | - | - | -629 | - | - | - | - | - |
Long-Term Debt Repaid | - | - | -18 | - | - | - | -33 | - | - | - | - | - | - | - | - | - | - | - | -13.95 | - |
Total Debt Repaid | -17 | -18 | -18 | -19 | -15 | -603 | -165 | -1,520 | -965 | -1,315 | -250 | -804 | -1,016 | -2,172 | -629 | -1,660 | -5.97 | -2.59 | -13.95 | -395.52 |
Net Debt Issued (Repaid) | -397 | 381 | 1,048 | 490 | -293 | 247 | 1,841 | -385 | -257 | 120 | 1,315 | -695 | 423 | 349 | 1,031 | -97.39 | -22.77 | 93.75 | 215.41 | -361.65 |
Repurchase of Common Stock | -218 | -410 | -530 | -288 | - | -262 | -418 | -517 | -63 | -47 | - | -37 | -520 | -4 | -176 | -448.44 | -410.95 | -629.35 | -399.26 | -182.44 |
Other Financing Activities | 66 | 11 | 27 | -238 | -35 | -81 | -167 | -246 | 5 | -23 | -123 | -20 | -72 | -31 | -94 | -7.45 | -18.51 | -15.88 | -25.17 | -221.42 |
Financing Cash Flow | -549 | -18 | 545 | -36 | -328 | -96 | 1,256 | -1,148 | -315 | 50 | 1,192 | -752 | -169 | 314 | 761 | -553.28 | -452.23 | -551.49 | -209.01 | -765.51 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 16 | -3 | -3 | -17 | -25 | 63 | 44 | -108 | 53 | -24 | -44 | 61 | -51 | -11 | 14 | 149.07 | -134.53 | -131.53 | -49.02 | -9.4 |
Net Cash Flow | 181 | -156 | -219 | 205 | 277 | 19 | 292 | 64 | 124 | -94 | -244 | 18 | -4 | 37 | -85 | 181.73 | -107.67 | -461.91 | -747.15 | -336.34 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 743 | 24 | -906 | 1,077 | 743 | -17 | -610 | 1,247 | 494 | 220 | -560 | 759 | 307 | -86 | -805 | 715.19 | 689.62 | 399.76 | -435.56 | 1,076 |
Free Cash Flow Growth (YoY) | 0% | - | - | -13.63% | 50.41% | - | - | 64.30% | 60.91% | - | - | 6.13% | -55.48% | - | - | -33.51% | -25.65% | 6.82% | - | 24.44% |
Free Cash Flow Margin | 6.45% | 0.21% | -8.61% | 9.26% | 7.27% | -0.18% | -6.87% | 11.99% | 5.47% | 2.62% | -7.06% | 8.48% | 3.90% | -1.11% | -10.86% | 8.73% | 9.16% | 5.14% | -5.94% | 12.58% |
Free Cash Flow Per Share | 2.55 | 0.08 | -3.05 | 3.59 | 2.48 | -0.06 | -2.01 | 4.06 | 1.60 | 0.71 | -1.81 | 2.46 | 0.98 | -0.27 | -2.55 | 2.24 | 2.12 | 1.21 | -1.29 | 3.17 |
Levered Free Cash Flow | 299.38 | 88.63 | -80.5 | 748.13 | 667.38 | -437.5 | -1,259 | 2,236 | 85.38 | 85.5 | -747.63 | 1,345 | 426.95 | -311.61 | -1,266 | 1,393 | 562.48 | 217.9 | -372.8 | 1,186 |
Unlevered Free Cash Flow | 338.13 | 126.13 | -43.63 | 783.75 | 698.63 | -400.63 | -1,228 | 2,268 | 125.38 | 124.88 | -725.13 | 1,374 | 448.7 | -285.74 | -1,249 | 1,403 | 571.83 | 227.73 | -366.45 | 1,192 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 130 | 123 | 98 | 122 | 100 | 124 | 102 | 89 | 137 | 70 | 100 | 63 | 37 | 52 | 39 | 20.12 | 41.13 | 14.92 | 12.83 | 11.94 |
Cash Income Tax Paid | 161 | 283 | 105 | 142 | 106 | 220 | 131 | 116 | 107 | 154 | 90 | 84 | 80 | 221 | 82 | 96.44 | 171.29 | 247.62 | 88.65 | 109.47 |
Change in Working Capital | 564 | -664 | -1,859 | 967 | 527 | -188 | -316 | 16 | 598 | 73 | -708 | 545 | -484 | -151 | -719 | -227.01 | 320.01 | -190.14 | -1,212 | 404.86 |