CBRECBRE Group, Inc.

$40B

Q3 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$7.9B+4.5% YoY

Gross Profit

$1.5B18.7% margin

Operating Income

$269M3.4% margin

Net Income

$191M2.4% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$389M

Free Cash Flow

$313M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.7B

Total Liabilities

$13.2B

Stockholders' Equity

$7.7B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.9B	$7.5B	+4.5%
Gross Profit	$1.5B	$1.6B	-7.8%
Operating Income	$269M	$374M	-28.1%
Net Income	$191M	$447M	-57.3%

Revenue Segments

Global Workplace Solutions Segment

$5.6B72%

Advisory Services Segment

$2.0B26%

Real Estate Investments Segment

$210M3%

Geographic Segments

UNITED STATES

$4.3B54%

All Other Countries

$2.5B32%

UNITED KINGDOM

$1.1B14%

CBRE Q3 2023 Earnings — CBRE Group, Inc. Revenue & Financial Results | Market Cap Arena