CBRE GROUP, INC.

For the period ended Jun 30, 2025. Filed Jul 29, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 29, 2025

CBRE$138.17+2.0%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(Dollars in millions, except share data)

	June 30,2025	December 31,2024
(Unaudited)
ASSETS
Current Assets:
Cash and cash equivalents	$1,395	$1,114
Restricted cash	137	107
Receivables, less allowance for doubtful accounts of $109 and $101 at June 30, 2025 and December 31, 2024, respectively	7,319	7,005
Warehouse receivables	1,448	561
Contract assets	382	400
Prepaid expenses	420	332
Income taxes receivable	306	130
Other current assets	553	321
Total Current Assets	11,960	9,970
Property and equipment, net of accumulated depreciation and amortization of $2,000 and $1,795 at June 30, 2025 and December 31, 2024, respectively	972	914
Goodwill	6,410	5,621
Other intangible assets, net of accumulated amortization of $2,731 and $2,494 at June 30, 2025 and December 31, 2024, respectively	2,485	2,298
Operating lease assets	1,986	1,198
Investments in unconsolidated subsidiaries (with $439 and $890 at fair value at June 30, 2025 and December 31, 2024, respectively)	858	1,295
Non-current contract assets	103	89
Real estate under development	365	505
Non-current income taxes receivable	89	75
Deferred tax assets, net	656	538
Other assets	1,809	1,880
Total Assets	$27,693	$24,383
LIABILITIES AND EQUITY
Current Liabilities:
Accounts payable and accrued expenses	$4,112	$4,102
Compensation and employee benefits payable	1,405	1,419
Accrued bonus and profit sharing	1,029	1,695
Operating lease liabilities	282	200
Contract liabilities	420	375
Income taxes payable	145	209
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase)	1,432	552
Revolving credit facilities	—	132
Other short-term borrowings	1,362	222
Current maturities of long-term debt	71	36
Other current liabilities	365	345
Total Current Liabilities	10,623	9,287
Long-term debt, net of current maturities	4,340	3,245
Non-current operating lease liabilities	2,053	1,307
Non-current tax liabilities	175	160
Deferred tax liabilities, net	258	247
Other liabilities	1,251	945
Total Liabilities	18,700	15,191
Mezzanine Equity:
Redeemable non-controlling interests in consolidated entities	408	—
Equity:
CBRE Group, Inc. Stockholders’ Equity:
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 297,524,516 and 302,052,229 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively	3	3
Additional paid-in capital	—	—
Accumulated earnings	9,393	9,567
Accumulated other comprehensive loss	(1,143)	(1,159)
Total CBRE Group, Inc. Stockholders’ Equity	8,253	8,411
Non-controlling interests	332	781
Total Equity	8,585	9,192
Total Liabilities and Equity	$27,693	$24,383

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