CBRE Q1 2023 Earnings — CBRE Group, Inc. Revenue & Financial Results | Market Cap Arena

CBRECBRE Group, Inc.

$40B

Q1 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$7.4B+1.1% YoY

Gross Profit

$1.4B19.0% margin

Operating Income

$37M0.5% margin

Net Income

$117M1.6% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

-$730M

Free Cash Flow

-$790M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.0B

Total Liabilities

$12.4B

Stockholders' Equity

$7.9B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.4B	$7.3B	+1.1%
Gross Profit	$1.4B	$1.6B	-11.1%
Operating Income	$37M	$377M	-90.2%
Net Income	$117M	$392M	-70.2%

Revenue Segments

Global Workplace Solutions Segment

$5.3B72%

Advisory Services Segment

$1.9B25%

Real Estate Investments Segment

$224M3%

Geographic Segments

UNITED STATES

$4.1B56%

All Other Countries

$2.3B31%

UNITED KINGDOM

$995M13%