CBRE Group's Income Statement Analysis: Revenue to Profit Breakdown
CBRE Group's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$27.75 B | $30.83 B | $31.95 B | $35.77 B | $40.55 B | $42.17 B |
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Cost of Revenue Direct cost of goods/services. |
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$21.58 B | $24.21 B | $25.65 B | $28.75 B | $32.98 B | $27.41 B |
Gross Profit Revenue minus cost of revenue. |
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$6.17 B | $6.62 B | $6.30 B | $7.02 B | $7.57 B | $14.76 B |
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Operating Expense
Costs to run business. |
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$4.53 B | $5.11 B | $5.18 B | $5.61 B | $6.27 B | $13.19 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$4.07 B | $4.60 B | $4.51 B | $4.90 B | $5.54 B | $5.81 B |
General and Administrative Corporate overhead costs. |
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$4.01 B | $4.51 B | $4.43 B | $4.81 B | $5.54 B | $5.81 B |
Sales and Marketing Customer acquisition costs. |
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$68.90 M | $85.00 M | $74.00 M | $82.00 M | - | - |
Other Expenses Other operating costs. |
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$455.00 M | $510.00 M | $677.00 M | $711.00 M | $729.00 M | $7.38 B |
Operating Income Profit from operations. |
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$1.64 B | $1.51 B | $1.12 B | $1.41 B | $1.75 B | $1.58 B |
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Net Interest Income
Interest income minus expense. |
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-$50.35 M | -$69.00 M | -$149.00 M | -$215.00 M | - | -$194.00 M |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$50.35 M | $69.00 M | $149.00 M | $215.00 M | $216.00 M | $194.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$71.00 M | $95.00 M | -$64.00 M | -$37.00 M | - | -$412.00 M |
Total Other Income (Net) Net non-operating items. |
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$773.00 M | $146.00 M | $160.00 M | -$195.00 M | -$159.00 M | $221.00 M |
Income Before Tax Profit before taxes. |
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$2.41 B | $1.66 B | $1.28 B | $1.22 B | $1.59 B | $1.81 B |
Income Tax Expense Taxes on income. |
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$568.00 M | $234.00 M | $250.00 M | $182.00 M | $317.00 M | $378.00 M |
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Net Income
Final profit. |
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$1.84 B | $1.41 B | $986.00 M | $968.00 M | $1.16 B | $1.31 B |
Net Income From Continuing Operations Profit from core business. |
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$1.84 B | $1.42 B | $1.03 B | $1.04 B | - | $1.43 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$5.48 | $4.36 | $3.20 | $3.16 | $3.85 | $4.40 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$5.41 | $4.29 | $3.15 | $3.14 | $3.85 | $4.38 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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335.23 M | 322.81 M | 308.43 M | 305.86 M | - | 294.38 M |
Diluted Average Shares Outst. Shares including dilution. |
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339.72 M | 327.70 M | 312.55 M | 308.03 M | - | 296.99 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$1.57 B | $1.42 B | $1.18 B | $1.45 B | - | $2.00 B |
EBITDA Earnings before interest, tax, D&A. |
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$2.09 B | $2.03 B | $1.83 B | $2.15 B | $2.42 B | $2.68 B |
Depreciation and Amortization Non-cash expense for assets. |
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$526.00 M | $613.00 M | $647.00 M | $701.00 M | $729.00 M | $686.00 M |
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CBRE Group's Assets vs Liabilities & Equity
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