CBRE Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2002
Revenue	31,949	30,828	27,746	23,826	23,894	Upgrade
Revenue Growth (YoY)	3.64%	11.11%	16.45%	-0.28%	11.97%	Upgrade
Cost of Revenue	25,675	24,239	21,580	19,048	18,689	Upgrade
Gross Profit	6,274	6,589	6,166	4,779	5,205	Upgrade
Selling, General & Admin	4,562	4,649	4,074	3,306	3,436	Upgrade
Other Operating Expenses	622	672	526	590.4	529.01	Upgrade
Operating Expenses	5,184	5,321	4,600	3,897	3,965	Upgrade
Operating Income	1,090	1,268	1,566	881.97	1,240	Upgrade
Interest Expense / Income	149	69	50	67.75	85.75	Upgrade
Other Expense / Income	-295	-442	-889	-151.88	-197.95	Upgrade
Pretax Income	1,236	1,641	2,405	966.09	1,352	Upgrade
Income Tax	250	234	568	214.1	69.9	Upgrade
Net Income	986	1,407	1,837	751.99	1,282	Upgrade
Net Income Growth	-29.92%	-23.41%	144.29%	-41.36%	20.61%	Upgrade
Shares Outstanding (Basic)	308	323	335	335	336	Upgrade
Shares Outstanding (Diluted)	313	328	340	338	341	Upgrade
Shares Change	-4.62%	-3.54%	0.39%	-0.63%	-0.76%	Upgrade
EPS (Basic)	3.20	4.36	5.48	2.24	3.82	Upgrade
EPS (Diluted)	3.15	4.29	5.41	2.22	3.77	Upgrade
EPS Growth	-26.57%	-20.70%	143.69%	-41.11%	21.61%	Upgrade
Free Cash Flow	4	1,369	2,154	1,564	929.87	Upgrade
Free Cash Flow Per Share	0.01	4.24	6.42	4.67	2.77	Upgrade
Gross Margin	19.64%	21.37%	22.22%	20.06%	21.78%	Upgrade
Operating Margin	3.41%	4.11%	5.64%	3.70%	5.19%	Upgrade
Profit Margin	3.09%	4.56%	6.62%	3.16%	5.37%	Upgrade
Free Cash Flow Margin	0.01%	4.44%	7.76%	6.57%	3.89%	Upgrade
Effective Tax Rate	20.23%	14.26%	23.62%	22.16%	5.17%	Upgrade
EBITDA	2,007	2,323	2,981	1,536	1,877	Upgrade
EBITDA Margin	6.28%	7.54%	10.74%	6.44%	7.86%	Upgrade
Depreciation & Amortization	622	613	526	501.73	439.22	Upgrade
EBIT	1,385	1,710	2,455	1,034	1,438	Upgrade
EBIT Margin	4.34%	5.55%	8.85%	4.34%	6.02%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).