CBRE Q3 2024 Earnings — CBRE Group, Inc. Revenue & Financial Results | Market Cap Arena

CBRECBRE Group, Inc.

$40B

Q3 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$9.0B+14.8% YoY

Gross Profit

$1.8B19.7% margin

Operating Income

$368M4.1% margin

Net Income

$225M2.5% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$592M

Free Cash Flow

$513M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$24.8B

Total Liabilities

$15.3B

Stockholders' Equity

$8.7B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.0B	$7.9B	+14.8%
Gross Profit	$1.8B	$1.5B	+21.3%
Operating Income	$368M	$269M	+36.8%
Net Income	$225M	$191M	+18.1%

Revenue Segments

Global Workplace Solutions Segment

$6.3B70%

Advisory Services Segment

$2.4B26%

Real Estate Investments Segment

$302M3%

Geographic Segments

UNITED STATES

$5.2B58%

All Other Countries

$2.6B28%

UNITED KINGDOM

$1.3B14%