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Segments (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Summarized Financial Information by Segment

Summarized financial information by segment is as follows (dollars in thousands):

			Three Months Ended March 31,
			2022						2021
Revenue
Advisory Services			$	2,248,448					$	1,708,012
Global Workplace Solutions			4,805,616						4,025,883
Real Estate Investments			283,757						211,129
Corporate, other and eliminations			(4,888)						(6,145)
Total revenue			$	7,332,933					$	5,938,879
Segment operating profit
Advisory Services			$	465,654					$	332,579
Global Workplace Solutions			202,736						152,183
Real Estate Investments			167,052						63,067
Total reportable segment operating profit			$	835,442					$	547,829

Reconciliation of Reportable Segment Operating Profit to Net Income

Reconciliation of total reportable segment operating profit to net income is as follows (dollars in thousands):

			Three Months Ended March 31,
			2022						2021
Net income attributable to CBRE Group, Inc.			$	392,297					$	266,202
Net income attributable to non-controlling interests			3,974						2,775
Net income			396,271						268,977
Adjustments to increase (decrease) net income:
Depreciation and amortization			149,032						122,078
Asset impairments			10,351						—
Interest expense, net of interest income			12,826						10,106
(Benefit from) provision for income taxes			(3,738)						76,327
Carried interest incentive compensation expense to align with the timing of associated revenue			22,856						15,332
Impact of fair value adjustments to real estate assets acquired in the    Telford acquisition (purchase accounting) that were sold in period			(1,696)						1,099
Costs incurred related to legal entity restructuring			1,676						—
Integration and other costs related to acquisitions			8,121						—
Corporate and other loss, including eliminations			239,743						53,910
Total reportable segment operating profit			$	835,442					$	547,829

Summary of Geographic Information

Revenue in the table below is allocated based upon the country in which services are performed (dollars in thousands):

			Three Months Ended March 31,
			2022						2021
Revenue
United States			$	4,131,397					$	3,348,859
United Kingdom			985,999						777,044
All other countries			2,215,537						1,812,976
Total revenue			$	7,332,933					$	5,938,879

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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