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 | 2022 |
|---|---|---|---|
| Revenue | 35,767a | 31,949a | 30,828a |
| Costs and expenses | — | — | — |
| Cost of revenue | -28,811a | -25,675a | -24,239a |
| Operating, administrative and other | -5,011a | -4,562a | -4,649a |
| Depreciation and amortization | -674a | -622a | -613a |
| Asset impairments | 0a | 0a | -59a |
| Total costs and expenses | -34,496a | -30,859a | -29,560a |
| Gain on disposition of real estate | 142a | 27a | 244a |
| Operating income | 1,413a | 1,117a | 1,512a |
| Equity (loss) income from unconsolidated subsidiaries | -19a | 248a | 229a |
| Other income (loss) | 39a | 61a | -12a |
| Interest expense, net of interest income | 215a | 149a | 69a |
| Write-off of financing costs on extinguished debt | 0a | 0a | -2a |
| Income before provision for income taxes | 1,218a | 1,277a | 1,658a |
| Provision for income taxes | -182a | -250a | -234a |
| Net income | 1,036a | 1,027a | 1,424a |
| Less: Net income attributable to non-controlling interests | 68a | 41a | 17a |
| Net income attributable to CBRE Group, Inc. | 968a | 986a | 1,407a |
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