CBRE Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $40.55B | $35.84B | $31.94B | $30.83B | $27.75B | $23.83B | $23.89B | $21.34B |
| Advisory Services | — | $10.25B | $9.80B | $12.23B | $11.94B | $8.03B | $9.14B | $8.49B |
| Global Workplace Solutions | — | $24.57B | $21.11B | $17.54B | $14.69B | $14.98B | $13.77B | $11.94B |
| Real Estate Investments | — | $1.02B | $1.03B | $1.05B | $1.12B | $819.0M | $988.0M | $916.0M |
| Cost of Revenue | $32.98B | $28.81B | $25.68B | $24.24B | $21.58B | $19.05B | $18.69B | $16.45B |
| Gross Profit | $7.57B | $7.03B | $6.27B | $6.59B | $6.17B | $4.78B | $5.20B | $4.89B |
| Gross Margin | 18.7% | 19.6% | 19.6% | 21.4% | 22.2% | 20.1% | 21.8% | 22.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $1.75B | $1.41B | $1.12B | $1.51B | $1.64B | $969.8M | $1.26B | $1.09B |
| Operating Margin | 4.3% | 3.9% | 3.5% | 4.9% | 5.9% | 4.1% | 5.3% | 5.1% |
| Interest Expense | — | — | — | — | — | — | — | $107.3M |
| Pretax Income | $1.59B | $1.22B | $1.28B | $1.66B | $2.41B | $970.0M | $1.36B | $1.38B |
| Income Tax Expense | $317.0M | $182.0M | $250.0M | $234.0M | $568.0M | $214.1M | $69.9M | $313.1M |
| Net Income | $1.16B | $968.0M | $986.0M | $1.41B | $1.84B | $752.0M | $1.28B | $1.06B |
| Net Margin | 2.9% | 2.7% | 3.1% | 4.6% | 6.6% | 3.2% | 5.4% | 5.0% |
| EPS (Basic) | $3.88 | $3.16 | $3.20 | $4.36 | $5.48 | $2.24 | $3.82 | $3.13 |
| EPS (Diluted) | $3.85 | $3.14 | $3.15 | $4.29 | $5.41 | $2.22 | $3.77 | $3.10 |
| Shares Outstanding (Basic) | 298.2M | 305.9M | 308.4M | 322.8M | 335.2M | 335.2M | 335.8M | 339.3M |
| Shares Outstanding (Diluted) | 300.8M | 308.0M | 312.6M | 327.7M | 339.7M | 338.4M | 340.5M | 343.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |