The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,277,000 | 1,036,000 | 1,027,000 | 1,423,960 |
| Depreciation and amortization | 729,000 | 674,000 | 622,000 | 613,088 |
| Amortization and write-off of financing costs on extinguished debt | - | - | 6,000 | 7,741 |
| Amortization of other assets | 199,000 | - | - | - |
| Net non-cash mortgage servicing rights and premiums on loan sales | 187,000 | 162,000 | 102,000 | 202,507 |
| Gain associated with remeasuring our investment in a previously unconsolidated subsidiary to fair value as of the date we acquired the remaining interest | - | - | 34,000 | - |
| Gain on disposition of real estate assets | - | 142,000 | 27,000 | - |
| Asset impairments | - | 0 | 0 | 58,713 |
| Net realized and unrealized (gains) losses, primarily from investments | - | - | 6,000 | -30,482 |
| Provision for doubtful accounts | - | - | 16,000 | 17,026 |
| Deferred income taxes | -269,000 | - | - | - |
| Stock-based compensation expense | 120,000 | 146,000 | 96,000 | 160,325 |
| Gain recognized upon deconsolidation of spac | - | - | 0 | 0 |
| Equity (income) loss from investments | 40,000 | -19,000 | 248,000 | 228,998 |
| Gain on sale of real estate assets | 459,000 | - | - | - |
| Other non-cash adjustments | -227,000 | -8,000 | - | - |
| Distribution of earnings from unconsolidated subsidiaries | - | 132,000 | 256,000 | 389,276 |
| Sale of mortgage loans | 15,135,000 | 12,817,000 | 9,714,000 | 14,526,920 |
| Origination of mortgage loans | 16,163,000 | 12,668,000 | 9,905,000 | 13,651,807 |
| Warehouse lines of credit | 1,057,000 | -114,000 | 218,000 | -829,611 |
| Tenant concessions received | - | - | -12,000 | -11,605 |
| Purchase of equity securities | - | 51,000 | 15,000 | 28,232 |
| Proceeds from sale of equity securities | - | 76,000 | 14,000 | 30,360 |
| (increase) decrease in real estate under development | - | 6,000 | -81,000 | -94,599 |
| Receivables, prepaid expenses and other assets | 882,000 | 572,000 | 860,000 | 503,365 |
| Accounts payable, accrued liabilities and other liabilities | 570,000 | 538,000 | 22,000 | 64,102 |
| Accrued compensation expenses | 285,000 | 206,000 | -173,000 | -1,995 |
| Income taxes, net | 40,000 | 8,000 | 97,000 | 133,244 |
| Other operating activities, net | - | 221,000 | 137,000 | 219,350 |
| Net cash provided by operating activities | 1,559,000 | 1,708,000 | 480,000 | 1,629,088 |
| Capital expenditures | 366,000 | 307,000 | 305,000 | 260,140 |
| Payments for business acquired, net of cash acquired | 1,374,000 | 1,067,000 | 203,000 | 173,582 |
| Capital contributions related to investments | 161,000 | 136,000 | 127,000 | 385,164 |
| Distributions from unconsolidated subsidiaries | - | 91,000 | 54,000 | 87,170 |
| Acquisition and development of real estate assets | 390,000 | 389,000 | 171,000 | - |
| Proceeds from disposition of real estate assets | 509,000 | 235,000 | 77,000 | - |
| Investment in vts | - | - | 0 | 100,720 |
| Investment in altus power, inc. class a stock | - | - | 0 | 0 |
| Proceeds from sale of marketable securities - special purpose acquisition company trust account | - | - | 0 | 0 |
| Purchase of marketable securities - special purpose acquisition company trust account | - | - | - | 0 |
| Other investing activities, net | -155,000 | -59,000 | 6,000 | 19 |
| Net cash used in investing activities | -1,627,000 | -1,514,000 | -681,000 | -832,455 |
| Proceeds from revolving credit facility | 0 | 4,173,000 | 4,006,000 | 1,833,000 |
| Acquisition of businesses (cash paid for acquisitions more than three months after purchase date) | - | 281,000 | 145,000 | 34,443 |
| Repayment of revolving credit facility | 132,000 | 4,041,000 | 4,184,000 | 1,655,000 |
| Units repurchased for payment of taxes on equity awards | - | 105,000 | 72,000 | 37,932 |
| Repayment of 5.25 senior notes (including premium) | - | - | - | 0 |
| Non-controlling interest contributions | - | - | 6,000 | 2,427 |
| Proceeds from issuance of commercial paper | - | 175,000 | - | - |
| Proceeds from commercial paper, net | 677,000 | - | - | - |
| Sale of non-controlling interest - special purpose acquisition company | - | - | - | 0 |
| Non-controlling interest distributions | - | - | 42,000 | 893 |
| Proceeds from long-term debt | 2,410,000 | 0 | 748,000 | - |
| Redemption of non-controlling interest-special purpose acquisition company and payment of deferred underwriting commission | - | - | 0 | 0 |
| Repayment of long-term debt | 670,000 | 9,000 | 437,000 | 0 |
| Proceeds from notes payable on real estate | - | - | 76,000 | 39,265 |
| Repayment of notes payable on real estate | - | - | 43,000 | 27,723 |
| Proceeds from issuance-Five Point Nine Five Zero Percent Senior Notes-Senior Notes | - | - | 975,000 | - |
| Proceeds from issuance of 2.500 senior notes | - | - | - | 0 |
| Proceeds from issuance-Senior Notes-Two Point Five Percent Senior Notes | - | - | 0 | - |
| Proceeds from issuance of senior notes-Senior Notes-Senior Notes Two Point Five Percent | - | 495,000 | - | - |
| Repurchase of common stock | 968,000 | 627,000 | 665,000 | 1,850,318 |
| Other financing activities, net | -521,000 | -1,000 | -69,000 | -34,476 |
| Net cash provided by (used in) financing activities | 796,000 | -221,000 | 154,000 | -1,766,093 |
| Effect of currency exchange rate changes on cash and cash equivalents and restricted cash | 65,000 | -123,000 | 13,000 | -165,472 |
| Net change in cash, cash equivalents and restricted cash | 793,000 | -150,000 | -34,000 | -1,134,932 |
| Cash and cash equivalents at beginning of period | 1,221,000 | 1,371,000 | 1,405,000 | 2,539,781 |
| Cash and cash equivalents at end of period | 2,014,000 | 1,221,000 | 1,371,000 | 1,404,849 |
CBRE GROUP, INC. (CBRE)
CBRE GROUP, INC. (CBRE)