CBRE GROUP INC

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

CBRE$134.79-2.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets at and

CONSOLIDATED BALANCE SHEETS

(Dollars in millions, except share data)

	December 31,
	2024	2023
ASSETS
Current Assets:
Cash and cash equivalents	$1,114	$1,265
Restricted cash	107	106
Receivables, less allowance for doubtful accounts of $101 and $102 at December 31, 2024 and 2023, respectively	7,005	6,370
Warehouse receivables	561	675
Contract assets	400	443
Prepaid expenses	332	333
Income taxes receivable	130	159
Other current assets	321	315
Total Current Assets	9,970	9,666
Property and equipment, net of accumulated depreciation and amortization of $1,795 and $1,576 at December 31, 2024 and 2023, respectively	914	907
Goodwill	5,621	5,129
Other intangible assets, net of accumulated amortization of $2,494 and $2,179 at December 31, 2024 and 2023, respectively	2,298	2,081
Operating lease assets	1,198	1,030
Investments in unconsolidated subsidiaries (with $890 and $997 at fair value at December 31, 2024 and 2023, respectively)	1,295	1,374
Non-current contract assets	89	75
Real estate under development	505	300
Non-current income taxes receivable	75	78
Deferred tax assets, net	538	361
Other assets, net	1,880	1,547
Total Assets	$24,383	$22,548
LIABILITIES AND EQUITY
Current Liabilities:
Accounts payable and accrued expenses	$4,102	$3,562
Compensation and employee benefits payable	1,419	1,459
Accrued bonus and profit sharing	1,695	1,556
Operating lease liabilities	200	242
Contract liabilities	375	298
Income taxes payable	209	217
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase)	552	666
Revolving credit facility	132	—
Other short-term borrowings	222	16
Current maturities of long-term debt	36	9
Other current liabilities	345	218
Total Current Liabilities	9,287	8,243
Long-term debt, net of current maturities	3,245	2,804
Non-current operating lease liabilities	1,307	1,089
Non-current income taxes payable	—	30
Non-current tax liabilities	160	157
Deferred tax liabilities, net	247	255
Other liabilities	945	903
Total Liabilities	15,191	13,481
Equity:
CBRE Group, Inc. Stockholders’ Equity:
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 302,052,229 and 304,889,140 shares issued and outstanding at December 31, 2024 and 2023, respectively	3	3
Additional paid-in capital	—	—
Accumulated earnings	9,567	9,188
Accumulated other comprehensive loss	(1,159)	(924)
Total CBRE Group, Inc. Stockholders’ Equity	8,411	8,267
Non-controlling interests	781	800
Total Equity	9,192	9,067
Total Liabilities and Equity	$24,383	$22,548

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.