CBRE GROUP INC
For the period ended Sep 30, 2024. Filed Oct 24, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 24, 2024
CBRE$134.79-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations for the months ended and
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in millions, except share and per share data)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $9,036 | $7,868 | $25,363 | $22,999 |
| Costs and expenses: | ||||
| Cost of revenue | 7,252 | 6,397 | 20,521 | 18,583 |
| Operating, administrative and other | 1,237 | 1,058 | 3,538 | 3,356 |
| Depreciation and amortization | 178 | 149 | 497 | 465 |
| Total costs and expenses | 8,667 | 7,604 | 24,556 | 22,404 |
| (Loss) gain on disposition of real estate | (1) | 5 | 12 | 18 |
| Operating income | 368 | 269 | 819 | 613 |
| Equity (loss) income from unconsolidated subsidiaries | (4) | (13) | (77) | 121 |
| Other income | 12 | 14 | 26 | 22 |
| Interest expense, net of interest income | 64 | 38 | 163 | 110 |
| Income before provision for income taxes | 312 | 232 | 605 | 646 |
| Provision for income taxes | 67 | 31 | 70 | 114 |
| Net income | 245 | 201 | 535 | 532 |
| Less: Net income attributable to non-controlling interests | 20 | 10 | 54 | 23 |
| Net income attributable to CBRE Group, Inc. | $225 | $191 | $481 | $509 |
| Basic income per share: | ||||
| Net income per share attributable to CBRE Group, Inc. | $0.73 | $0.62 | $1.57 | $1.64 |
| Weighted average shares outstanding for basic income per share | 306,253,811 | 307,854,518 | 306,269,264 | 309,716,456 |
| Diluted income per share: | ||||
| Net income per share attributable to CBRE Group, Inc. | $0.73 | $0.61 | $1.56 | $1.62 |
| Weighted average shares outstanding for diluted income per share | 308,305,013 | 312,221,133 | 308,281,111 | 313,944,855 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.