XML 73 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue $ 35,767.0 $ 31,949.0 $ 30,828.0
Costs and expenses:      
Cost of revenue 28,811.0 25,675.0 24,239.0
Operating, administrative and other 5,011.0 4,562.0 4,649.0
Depreciation and amortization 674.0 622.0 613.0
Asset impairments 0.0 0.0 59.0
Total costs and expenses 34,496.0 30,859.0 29,560.0
Gain on disposition of real estate 142.0 27.0 244.0
Operating income 1,413.0 1,117.0 1,512.0
Equity (loss) income from unconsolidated subsidiaries (19.0) 248.0 229.0
Other income (loss) 39.0 61.0 (12.0)
Interest expense, net of interest income 215.0 149.0 69.0
Write-off of financing costs on extinguished debt 0.0 0.0 2.0
Income before provision for income taxes 1,218.0 1,277.0 1,658.0
Provision for income taxes 182.0 250.0 234.0
Net income 1,036.0 1,027.0 1,424.0
Less: Net income attributable to non-controlling interests 68.0 41.0 17.0
Net income attributable to CBRE Group, Inc. $ 968.0 $ 986.0 $ 1,407.0
Basic income per share:      
Net income per share attributable to CBRE Group, Inc. (in dollars per share) $ 3.16 $ 3.20 $ 4.36
Weighted average shares outstanding for basic income per share (in shares) 305,859,458 308,430,080 322,813,345
Diluted income per share:      
Net income per share attributable to CBRE Group, Inc. (in dollars per share) $ 3.14 $ 3.15 $ 4.29
Weighted average shares outstanding for diluted income per share (in shares) 308,033,612 312,550,942 327,696,115