Below are the financial statements of CBRE Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 1,114a | 1,265a |
Restricted cash | 107a | 106a |
Receivables, less allowance for doubtful accounts | 7,005a | 6,370a |
Warehouse receivables | 561a | 675a |
Contract assets | 400a | 443a |
Prepaid expenses | 332a | 333a |
Income taxes receivable | 130a | 159a |
Other current assets | 321a | 315a |
Total current assets | 9,970a | 9,666a |
Assets | — | — |
Property and equipment, net | 914a | 907a |
Goodwill | 5,621a | 5,129a |
Other intangible assets, net | 2,298a | 2,081a |
Operating lease assets | 1,198a | 1,030a |
Investments in unconsolidated subsidiaries | 1,295a | 1,374a |
Non-current contract assets | 89a | 75a |
Real estate under development | 505a | 300a |
Non-current income taxes receivable | 75a | 78a |
Deferred tax assets, net | 538a | 361a |
Other assets, net | 1,880a | 1,547a |
Total assets | 24,383a | 22,548a |
Current liabilities | — | — |
Accounts payable and accrued expenses | 4,102a | 3,562a |
Compensation and employee benefits payable | 1,419a | 1,459a |
Accrued bonus and profit sharing | 1,695a | 1,556a |
Operating lease liabilities | 200a | 242a |
Contract liabilities | 375a | 298a |
Income taxes payable | 209a | 217a |
Warehouse lines of credit | 552a | 666a |
Revolving credit facility | 132a | 0a |
Other short-term borrowings | 222a | 16a |
Current maturities of long-term debt | 36a | 9a |
Other current liabilities | 345a | 218a |
Total current liabilities | 9,287a | 8,243a |
Liabilities and equity | — | — |
Long-term debt, net of current maturities | 3,245a | 2,804a |
Non-current operating lease liabilities | 1,307a | 1,089a |
Non-current income taxes payable | 0a | 30a |
Non-current tax liabilities | 160a | 157a |
Deferred tax liabilities, net | 247a | 255a |
Other liabilities | 945a | 903a |
Total liabilities | 15,191a | 13,481a |
CBRE Group, Inc. stockholders’ equity | — | — |
Class A common stock | 3a | 3a |
Additional paid-in capital | 0a | 0a |
Accumulated earnings | 9,567a | 9,188a |
Accumulated other comprehensive loss | -1,159a | -924a |
Equity | — | — |
Total CBRE Group, Inc. stockholders’ equity | 8,411a | 8,267a |
Non-controlling interests | 781a | 800a |
Total equity | 9,192a | 9,067a |
Total liabilities and equity | 24,383a | 22,548a |
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