CBRE GROUP INC

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

CBRE$134.79-2.4%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations for the years ended and

CONSOLIDATED STATEMENTS OF OPERATIONS

(Dollars in millions, except share and per share data)

	Year Ended December 31,
	2024	2023	2022
Revenue	$35,767	$31,949	$30,828
Costs and expenses:
Cost of revenue	28,811	25,675	24,239
Operating, administrative and other	5,011	4,562	4,649
Depreciation and amortization	674	622	613
Asset impairments	—	—	59
Total costs and expenses	34,496	30,859	29,560
Gain on disposition of real estate	142	27	244
Operating income	1,413	1,117	1,512
Equity (loss) income from unconsolidated subsidiaries	(19)	248	229
Other income (loss)	39	61	(12)
Interest expense, net of interest income	215	149	69
Write-off of financing costs on extinguished debt	—	—	2
Income before provision for income taxes	1,218	1,277	1,658
Provision for income taxes	182	250	234
Net income	1,036	1,027	1,424
Less: Net income attributable to non-controlling interests	68	41	17
Net income attributable to CBRE Group, Inc.	$968	$986	$1,407
Basic income per share:
Net income per share attributable to CBRE Group, Inc.	$3.16	$3.20	$4.36
Weighted average shares outstanding for basic income per share	305,859,458	308,430,080	322,813,345
Diluted income per share:
Net income per share attributable to CBRE Group, Inc.	$3.14	$3.15	$4.29
Weighted average shares outstanding for diluted income per share	308,033,612	312,550,942	327,696,115

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.