Cbre Group, Inc.
CBRE- Exchange
- NYSE
- Industry
- Real Estate
- SEC CIK
- 0001138118
In the last 90 days, Cbre Group, Inc. insiders filed 0 open-market purchases and 2 sales; 1,080 institutions reported holding it in 13F filings for Q2 2026, worth $38.1B in total; superinvestors Harris Associates (Oakmark) and ValueAct Capital hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 23, 2026, 1:08 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2026 | Jan 14, 2025 | Feb 15, 2024 | Feb 23, 2023 | Feb 24, 2022 |
| Revenue | $40.5B | $35.8B | $31.9B | $30.8B | $27.7B |
| Cost of revenue | $33.0B | $28.8B | $25.7B | $24.2B | $21.6B |
| Operating income | $1.75B | $1.41B | $1.12B | $1.51B | $1.64B |
| Income tax | $317.0M | $182.0M | $250.0M | $234.2M | $567.5M |
| Net income | $1.16B | $968.0M | $986.0M | $1.41B | $1.84B |
| EPS, basic | $3.88 | $3.16 | $3.20 | $4.36 | $5.48 |
| EPS, diluted | $3.85 | $3.14 | $3.15 | $4.29 | $5.41 |
| Weighted shares, basic | 298.2M | 305.9M | 308.4M | 322.8M | 335.2M |
| Weighted shares, diluted | 300.8M | 308.0M | 312.6M | 327.7M | 339.7M |
| Margins and growth | |||||
| Operating margin | 4.3% | 4.0% | 3.5% | 4.9% | 5.9% |
| Net margin | 2.9% | 2.7% | 3.1% | 4.6% | 6.6% |
| Revenue growth, year over year | +13.4% | +12.0% | +3.6% | +11.1% | +16.5% |
| Net income growth, year over year | +19.5% | −1.8% | −29.9% | −23.4% | +144.2% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025! | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2026 | Jan 14, 2025 | Feb 15, 2024 | Feb 23, 2023 | Feb 24, 2022 |
| Cash and equivalents | $1.86B | $1.11B | $1.26B | $1.32B | $2.43B |
| Accounts receivable | $8.28B | $7.00B | $6.37B | $5.33B | $5.15B |
| Total current assets | $13.5B | $9.97B | $9.67B | $8.53B | $10.1B |
| Property, plant and equipment | $1.05B | $914.0M | $907.0M | $836.0M | $816.1M |
| Goodwill | $7.05B | $5.62B | $5.13B | $4.87B | $5.00B |
| Intangible assets | $2.97B | $2.30B | $2.08B | $2.19B | $2.41B |
| Total assets | $30.9B | $24.4B | $22.5B | $20.5B | $22.1B |
| Short-term debt | $2.46B | $906.0M | $682.4M | $668.8M | $1.31B |
| Total current liabilities | $12.3B | $9.29B | $8.24B | $8.24B | $8.42B |
| Long-term debt | $5.05B | $3.25B | $2.80B | $1.09B | $1.54B |
| Total liabilities | $21.3B | $15.2B | $13.5B | $11.9B | $12.7B |
| Shareholders' equity | $9.19B | $9.19B | $9.07B | $8.61B | $9.36B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2026 | Jan 14, 2025 | Feb 15, 2024 | Feb 23, 2023 | Feb 24, 2022 |
| Operating cash flow | $1.56B | $1.71B | $480.0M | $1.63B | $2.36B |
| Capital expenditures | $366.0M | $307.0M | $305.0M | $260.1M | $209.9M |
| Free cash flow | $1.19B | $1.40B | $175.0M | $1.37B | $2.15B |
| Depreciation and amortization | $729.0M | $674.0M | $622.0M | $613.1M | $525.9M |
| Stock-based compensation | $120.0M | $146.0M | $96.0M | $160.3M | $184.9M |
| Share buybacks | $968.0M | $627.0M | $665.0M | $1.85B | $368.6M |
| Investing cash flow | -$1.63B | -$1.51B | -$681.0M | -$832.5M | -$1.28B |
| Financing cash flow | $796.0M | -$221.0M | $154.0M | -$1.77B | -$490.6M |
| Net change in cash | $793.0M | -$150.0M | -$34.0M | -$1.13B | $500.5M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.3% | 0.4% | 0.3% | 0.5% | 0.7% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 20, 2026 | 288.2M | −3.2% | SEC |
| Jul 27, 2026 | 289.6M | −2.7% | SEC |
| Apr 21, 2026 | 292.8M | −1.8% | SEC |
| Feb 10, 2026 | 295.2M | −1.6% | SEC |
| Oct 20, 2025 | 297.6M | −2.8% | SEC |
| Jul 25, 2025 | 297.6M | −2.9% | SEC |
| Apr 21, 2025 | 298.1M | −2.8% | SEC |
| Feb 11, 2025 | 300.0M | −1.9% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.