$CBRE
CBRE GROUP, INC.

2023 Q4 Form 10-Q Financial Statement

#000162828023035353 Filed on October 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $8.950B $7.868B
YoY Change 9.22% 4.5%
Cost Of Revenue $7.093B $6.397B
YoY Change 9.14% 7.79%
Gross Profit $1.857B $1.471B
YoY Change 9.51% -7.76%
Gross Profit Margin 20.75% 18.7%
Selling, General & Admin $1.206B $1.058B
YoY Change -8.24% -2.06%
% of Gross Profit 64.94% 71.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $157.0M $149.2M
YoY Change -1.63% 4.94%
% of Gross Profit 8.45% 10.14%
Operating Expenses $1.363B $1.207B
YoY Change -7.52% -1.25%
Operating Profit $494.0M $269.4M
YoY Change 122.74% -28.03%
Interest Expense $88.00M -$51.57M
YoY Change -147.64% -124.1%
% of Operating Profit 17.81% -19.14%
Other Income/Expense, Net $39.00M $13.63M
YoY Change 2242.34% 73.74%
Pretax Income $631.0M $231.5M
YoY Change 940.7% -61.05%
Income Tax $136.0M $30.55M
% Of Pretax Income 21.55% 13.2%
Net Earnings $477.0M $190.6M
YoY Change 488.08% -57.34%
Net Earnings / Revenue 5.33% 2.42%
Basic Earnings Per Share $0.62
Diluted Earnings Per Share $1.55 $0.61
COMMON SHARES
Basic Shares Outstanding 304.8M shares 309.8M shares
Diluted Shares Outstanding 312.2M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.265B $1.252B
YoY Change -4.04% 11.3%
Cash & Equivalents $1.265B $1.252B
Short-Term Investments
Other Short-Term Assets $315.0M $343.1M
YoY Change -43.45% -35.79%
Inventory
Prepaid Expenses $333.0M $324.5M
Receivables $6.370B $5.708B
Other Receivables $912.0M $1.190B
Total Short-Term Assets $9.666B $9.327B
YoY Change 13.34% 8.58%
LONG-TERM ASSETS
Property, Plant & Equipment $907.0M $851.7M
YoY Change 8.49% 10.84%
Goodwill $5.129B $4.962B
YoY Change 5.35% 6.46%
Intangibles $2.100B $2.064B
YoY Change -4.55% -3.83%
Long-Term Investments $1.374B $1.316B
YoY Change 4.27% -9.92%
Other Assets $1.547B $1.237B
YoY Change 39.41% 20.7%
Total Long-Term Assets $12.88B $12.36B
YoY Change 7.49% 6.33%
TOTAL ASSETS
Total Short-Term Assets $9.666B $9.327B
Total Long-Term Assets $12.88B $12.36B
Total Assets $22.55B $21.69B
YoY Change 9.92% 7.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.562B $2.901B
YoY Change 15.7% 6.65%
Accrued Expenses $3.257B $2.705B
YoY Change -3.63% -6.64%
Deferred Revenue $297.6M $263.1M
YoY Change 7.71% -16.29%
Short-Term Debt $682.4M $1.672B
YoY Change 2.03% 11.62%
Long-Term Debt Due $9.000M $0.00
YoY Change -97.9% -100.0%
Total Short-Term Liabilities $8.243B $7.867B
YoY Change 0.01% 1.43%
LONG-TERM LIABILITIES
Long-Term Debt $2.804B $2.796B
YoY Change 158.26% 89.3%
Other Long-Term Liabilities $903.0M $1.065B
YoY Change -10.94% 32.38%
Total Long-Term Liabilities $3.707B $3.860B
YoY Change 76.55% 69.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.243B $7.867B
Total Long-Term Liabilities $3.707B $3.860B
Total Liabilities $13.48B $13.23B
YoY Change 13.21% 14.26%
SHAREHOLDERS EQUITY
Retained Earnings $9.188B $8.725B
YoY Change 4.02% -4.71%
Common Stock $3.000M $3.048M
YoY Change -3.54% -3.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.267B $7.684B
YoY Change
Total Liabilities & Shareholders Equity $22.55B $21.69B
YoY Change 9.92% 7.28%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $477.0M $190.6M
YoY Change 488.08% -57.34%
Depreciation, Depletion And Amortization $157.0M $149.2M
YoY Change -1.63% 4.94%
Cash From Operating Activities $853.4M $382.2M
YoY Change 4.8% -49.3%
INVESTING ACTIVITIES
Capital Expenditures $93.73M $76.26M
YoY Change -5.46% -218.64%
Acquisitions
YoY Change
Other Investing Activities -$50.14M -$91.56M
YoY Change -61.3% -56.51%
Cash From Investing Activities -$143.9M -$167.8M
YoY Change -37.09% -38.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -752.3M -168.5M
YoY Change 35.95% -62.75%
NET CHANGE
Cash From Operating Activities 853.4M 382.2M
Cash From Investing Activities -143.9M -167.8M
Cash From Financing Activities -752.3M -168.5M
Net Change In Cash -42.81M 45.98M
YoY Change -232.96% 71.18%
FREE CASH FLOW
Cash From Operating Activities $853.4M $382.2M
Capital Expenditures $93.73M $76.26M
Free Cash Flow $759.6M $306.0M
YoY Change 6.22% -62.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1043685000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-982780000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
7684016000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
7853273000 usd
CY2023Q3 us-gaap Debt Current
DebtCurrent
1671914000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
668754000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
427792000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
163311000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
226170000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
7866644000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8241994000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2795855000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
282073000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1064629000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1013926000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
13226528000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
11907657000 usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
525000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
525000000 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
3048000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
3110000 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
0 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
0 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8724653000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
752459000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8460889000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8605732000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21687417000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20513389000 usd
CY2023Q3 us-gaap Revenues
Revenues
7868046000 usd
CY2022Q3 us-gaap Revenues
Revenues
7529546000 usd
us-gaap Revenues
Revenues
22999025000 usd
us-gaap Revenues
Revenues
22633757000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
6396824000 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
5934490000 usd
us-gaap Cost Of Revenue
CostOfRevenue
18582733000 usd
us-gaap Cost Of Revenue
CostOfRevenue
17740668000 usd
CY2023Q3 cbre Operating Administrative And Other Expenses
OperatingAdministrativeAndOtherExpenses
1058043000 usd
CY2022Q3 cbre Operating Administrative And Other Expenses
OperatingAdministrativeAndOtherExpenses
1080316000 usd
cbre Operating Administrative And Other Expenses
OperatingAdministrativeAndOtherExpenses
3355758000 usd
cbre Operating Administrative And Other Expenses
OperatingAdministrativeAndOtherExpenses
3335131000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
149161000 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
142136000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
465038000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
453527000 usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
36756000 usd
CY2023Q3 cbre Cost And Expenses Excluding Gain On Disposition Of Real Estate Assets
CostAndExpensesExcludingGainOnDispositionOfRealEstateAssets
7604028000 usd
CY2022Q3 cbre Cost And Expenses Excluding Gain On Disposition Of Real Estate Assets
CostAndExpensesExcludingGainOnDispositionOfRealEstateAssets
7156942000 usd
cbre Cost And Expenses Excluding Gain On Disposition Of Real Estate Assets
CostAndExpensesExcludingGainOnDispositionOfRealEstateAssets
22403529000 usd
CY2023Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
5417000 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1746000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
269435000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
396011000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
21714000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13529000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-19957000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-109603000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-51301000 usd
us-gaap Net Income Loss
NetIncomeLoss
508849000 usd
us-gaap Net Income Loss
NetIncomeLoss
1326258000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
319827769 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
309716456 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
325705500 shares
cbre Convertible Preferred Stock Relevant Measurement Period Following Merger
ConvertiblePreferredStockRelevantMeasurementPeriodFollowingMerger
P7Y
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2023Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2022Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2022Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1085712000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1059631000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1080385000 usd
CY2023Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
30428000 usd
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
54761000 usd
CY2023Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
141255000 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
148806000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
268086000 usd
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
304750283 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
304750283 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
311014160 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
311014160 shares
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8832943000 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
776873000 usd
CY2023Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 usd
CY2022Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1862000 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1862000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
231496000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
594347000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
646162000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1597558000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30551000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142667000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
113991000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
259691000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
200945000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
451680000 usd
us-gaap Profit Loss
ProfitLoss
532171000 usd
us-gaap Profit Loss
ProfitLoss
1337867000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10392000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5041000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23322000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11609000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
190553000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
446639000 usd
us-gaap Net Income Loss
NetIncomeLoss
508849000 usd
us-gaap Net Income Loss
NetIncomeLoss
1326258000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.07
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307854518 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
319827769 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
309716456 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
325705500 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.01
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
312221133 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
324742584 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
313944855 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
330558314 shares
CY2023Q3 us-gaap Profit Loss
ProfitLoss
200945000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
451680000 usd
us-gaap Profit Loss
ProfitLoss
532171000 usd
us-gaap Profit Loss
ProfitLoss
1337867000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-145168000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-329794000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-71489000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-714973000 usd
CY2023Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-110000 usd
CY2022Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-113000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-331000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-328000 usd
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-467000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1313000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
106000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5160000 usd
CY2022Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
127000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
6957000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
127000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-144125000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-330867000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-64095000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-719678000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
56820000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
120813000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
468076000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
618189000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-18836000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-54312000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
20132000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-125645000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
75656000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
175125000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
447944000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
743834000 usd
us-gaap Profit Loss
ProfitLoss
532171000 usd
us-gaap Profit Loss
ProfitLoss
1337867000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
465038000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
453527000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3887000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6537000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
78816000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
132938000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
3757000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-29046000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12701000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11501000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
73016000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
123812000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
120817000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
396011000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
188886000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
369511000 usd
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
7081001000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
975253000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
10696971000 usd
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
7610859000 usd
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
10559591000 usd
cbre Increase Decrease In Warehouse Lines Of Credit
IncreaseDecreaseInWarehouseLinesOfCredit
546279000 usd
cbre Increase Decrease In Warehouse Lines Of Credit
IncreaseDecreaseInWarehouseLinesOfCredit
-100937000 usd
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-7760000 usd
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-9140000 usd
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
10739000 usd
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
15779000 usd
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
9833000 usd
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
27387000 usd
cbre Increase Decrease In Real Estate Under Development
IncreaseDecreaseInRealEstateUnderDevelopment
269000 usd
cbre Increase Decrease In Real Estate Under Development
IncreaseDecreaseInRealEstateUnderDevelopment
-59116000 usd
cbre Increase Decrease In Receivables Prepaid Expenses And Other Assets Including Contract Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssetsIncludingContractAssets
227619000 usd
cbre Increase Decrease In Receivables Prepaid Expenses And Other Assets Including Contract Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssetsIncludingContractAssets
375359000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-293364000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-132424000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-668781000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-375180000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
164526000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
129514000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
96667000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
128629000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-373380000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
814809000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
211267000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
160996000 usd
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
170211000 usd
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
60131000 usd
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
105407000 usd
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
322127000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
27873000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
46720000 usd
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
103251000 usd
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
55599000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
100432000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
30465000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6783000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-537129000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-603749000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3836000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
283000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3341000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
748714000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
437497000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
cbre Proceeds From Notes Payable On Real Estate
ProceedsFromNotesPayableOnRealEstate
60149000 usd
cbre Proceeds From Notes Payable On Real Estate
ProceedsFromNotesPayableOnRealEstate
25904000 usd
cbre Repayment Of Notes Payable On Real Estate
RepaymentOfNotesPayableOnRealEstate
38648000 usd
cbre Repayment Of Notes Payable On Real Estate
RepaymentOfNotesPayableOnRealEstate
22514000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
645869000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1404394000 usd
cbre Payments To Acquire Business Financing Activities
PaymentsToAcquireBusinessFinancingActivities
126589000 usd
cbre Payments To Acquire Business Financing Activities
PaymentsToAcquireBusinessFinancingActivities
31525000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
53857000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
35162000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1992000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1293000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1504000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
740000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-70821000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-28583000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
906323000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1212721000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-47599000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-315069000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-51785000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1316730000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1404849000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2539781000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1353064000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1223051000 usd
us-gaap Interest Paid Net
InterestPaidNet
127829000 usd
us-gaap Interest Paid Net
InterestPaidNet
68878000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
383408000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
507557000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8893637000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
200945000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
34220000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3640000 usd
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
516061000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-145168000 usd
CY2023Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-110000 usd
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-467000 usd
CY2023Q3 cbre Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
248000 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
106000 usd
CY2023Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
2829000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8460889000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8894984000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
451680000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
41490000 usd
CY2022Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
321000 usd
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
408311000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-329794000 usd
CY2022Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-113000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1313000 usd
CY2022Q3 cbre Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
580000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
370000 usd
CY2022Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
9094000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8639644000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8605732000 usd
us-gaap Profit Loss
ProfitLoss
532171000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
73016000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
53857000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
630310000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-71489000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-331000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
106000 usd
cbre Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
1992000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1504000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-4701000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8460889000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9359117000 usd
us-gaap Profit Loss
ProfitLoss
1337867000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
123812000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
35162000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1410483000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-714973000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-328000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5160000 usd
cbre Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
1293000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
740000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
16255000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8639644000 usd
us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Readers of this Quarterly Report on Form 10-Q (Quarterly Report) should refer to the audited financial statements and notes to consolidated financial statements of CBRE Group, Inc., a Delaware corporation (which may be referred to in these financial statements as “the company,” “we,” “us” and “our”), for the year ended December 31, 2022, which are included in our </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1138118/000113811823000009/cbre-20221231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">2022 Annual Report on Form 10-K (2022 Annual Report)</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> filed with the United States Securities and Exchange Commission (SEC) and also available on our website (www.cbre.com), since we have omitted from this Quarterly Report certain footnote disclosures which would substantially duplicate those contained in such audited financial statements. You should also refer to Note 2, Significant Accounting Policies, in the notes to consolidated financial statements in our </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1138118/000113811823000009/cbre-20221231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">2022 Annual Report</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for further discussion of our significant accounting policies and estimates.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Considerations Related to Current Macroeconomic Conditions</span></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The macroeconomic environment remains challenging as central banks rapidly raised interest rates since 2022. The high rate environment and the expectation that rates will remain higher for longer, coupled with large bank failures in early 2023 and ongoing economic uncertainty, has limited credit availability to commercial real estate. Less available and more expensive debt capital has had pronounced effects on our capital markets (mortgage origination and property sales) businesses, making property acquisitions and dispositions harder to finance. Similar factors also impact the timing and value of asset and fund monetization in our investment management and development businesses and our ability to source new debt capital to fund development projects.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Financial Statement Preparation</span></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements have been prepared in accordance with the rules applicable to quarterly reports on Form 10-Q and include all information and footnotes required for interim financial statement presentation, but do not include all disclosures required under accounting principles generally accepted in the United States (U.S.), or General Accepted Accounting Principles (GAAP), for annual financial statements. In our opinion, all adjustments (consisting of normal recurring adjustments, except as otherwise noted) considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions about future events, such as weakening global macroeconomic conditions and stress in the banking system, including less available and more expensive debt capital. These estimates and the underlying assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Such estimates include the value of goodwill, intangibles and other long-lived assets, real estate assets, accounts receivable, contract assets, operating lease assets, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on our best judgment. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions about future events, such as weakening global macroeconomic conditions and stress in the banking system, including less available and more expensive debt capital. These estimates and the underlying assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Such estimates include the value of goodwill, intangibles and other long-lived assets, real estate assets, accounts receivable, contract assets, operating lease assets, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on our best judgment. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.
CY2022Q4 cbre Loan Receivable Mortgage Warehouse Lending Current
LoanReceivableMortgageWarehouseLendingCurrent
455354000 usd
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
7610859000 usd
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
19611000 usd
cbre Sale Of Mortgage Loans Held For Sale
SaleOfMortgageLoansHeldForSale
7061390000 usd
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
19611000 usd
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
7081001000 usd
cbre Net Increase Decrease In Mortgage Servicing Rights Included In Warehouse Receivables
NetIncreaseDecreaseInMortgageServicingRightsIncludedInWarehouseReceivables
5836000 usd
CY2023Q3 cbre Loan Receivable Mortgage Warehouse Lending Current
LoanReceivableMortgageWarehouseLendingCurrent
1010659000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
427792000 usd
CY2023Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10004000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
6138000 usd
CY2023Q3 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
345400000 usd
CY2022Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
353000000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q3 us-gaap Assets Designated To Closed Block Trading Securities Debt
AssetsDesignatedToClosedBlockTradingSecuritiesDebt
10000000 usd
CY2023Q3 cbre Notes Payable On Real Estate
NotesPayableOnRealEstate
27900000 usd
CY2022Q4 cbre Notes Payable On Real Estate
NotesPayableOnRealEstate
52700000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
1316395000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1317705000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2805859000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1519642000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2795855000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1085712000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
998733000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1033011000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
97133000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
91028000 usd
CY2023Q3 cbre Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
1095866000 usd
CY2022Q4 cbre Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
1124039000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
238904000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
229591000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
32797000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
33039000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1059631000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1080385000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
64881000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
58094000 usd
CY2023Q3 cbre Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
1396213000 usd
CY2022Q4 cbre Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
1401109000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
115898000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
108649000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
37065000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
21331000 usd
cbre Other Noncash Increases Decreases In Operating Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInOperatingLeaseRightOfUseAssets
-6818000 usd
cbre Other Noncash Increases Decreases In Operating Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInOperatingLeaseRightOfUseAssets
37741000 usd
cbre Other Noncash Increases Decreases In Finance Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInFinanceLeaseRightOfUseAssets
-2168000 usd
cbre Other Noncash Increases Decreases In Finance Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInFinanceLeaseRightOfUseAssets
5444000 usd
CY2023Q3 cbre Funded Loan Principal Amount Outstanding
FundedLoanPrincipalAmountOutstanding
41100000000 usd
CY2023Q3 cbre Loan Loss Sharing Reserve
LoanLossSharingReserve
68100000 usd
CY2022Q4 cbre Loan Loss Sharing Reserve
LoanLossSharingReserve
65100000 usd
CY2023Q3 cbre Assets Available For Recourse
AssetsAvailableForRecourse
981800000 usd
CY2023Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
236400000 usd
CY2023Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
236400000 usd
CY2023Q3 cbre Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
198400000 usd
CY2023Q3 cbre Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
198400000 usd
cbre Investment Funds Maximum Equity In Real Estate Investment Percent
InvestmentFundsMaximumEquityInRealEstateInvestmentPercent
0.020
CY2023Q3 cbre Commitments To Investment In Future Real Estate Investment
CommitmentsToInvestmentInFutureRealEstateInvestment
116900000 usd
cbre Real Estate Investments Maximum Equity In Real Estate Investment Percent
RealEstateInvestmentsMaximumEquityInRealEstateInvestmentPercent
0.50
CY2023Q3 cbre Other Commitment Capital Investment In Consolidated Projects
OtherCommitmentCapitalInvestmentInConsolidatedProjects
200700000 usd
CY2023Q3 cbre Other Commitment Capital Investment In Unconsolidated Entity
OtherCommitmentCapitalInvestmentInUnconsolidatedEntity
95500000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30600000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142700000 usd
CY2023Q3 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-112100000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.132
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
259700000 usd
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-145700000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.163
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
402600000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
391400000 usd
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
11200000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
190553000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
446639000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307854518 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.07
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
190553000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
446639000 usd
us-gaap Net Income Loss
NetIncomeLoss
508849000 usd
us-gaap Net Income Loss
NetIncomeLoss
1326258000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307854518 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
319827769 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
309716456 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
325705500 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4366615 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4914815 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4228399 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4852814 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
312221133 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
324742584 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
313944855 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
330558314 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.01
CY2023Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1500000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7729834000 usd
CY2023Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
138212000 usd
CY2023Q3 us-gaap Revenues
Revenues
7868046000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7378494000 usd
CY2022Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
151052000 usd
CY2022Q3 us-gaap Revenues
Revenues
7529546000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22631803000 usd
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
367222000 usd
us-gaap Revenues
Revenues
22999025000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
503100000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
407700000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
529100000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
391600000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
269500000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
263100000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
284300000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
276300000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-27800000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-228800000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q3 us-gaap Revenues
Revenues
7868046000 usd
CY2022Q3 us-gaap Revenues
Revenues
7529546000 usd
us-gaap Revenues
Revenues
22999025000 usd
us-gaap Revenues
Revenues
22633757000 usd
CY2023Q3 cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
535109000 usd
CY2022Q3 cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
702666000 usd
cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
1747250000 usd
cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
2551579000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
190553000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
446639000 usd
us-gaap Net Income Loss
NetIncomeLoss
508849000 usd
us-gaap Net Income Loss
NetIncomeLoss
1326258000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10392000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5041000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23322000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11609000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
200945000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
451680000 usd
us-gaap Profit Loss
ProfitLoss
532171000 usd
us-gaap Profit Loss
ProfitLoss
1337867000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
149161000 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
142136000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
465038000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
453527000 usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
36756000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-38206000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-19957000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-109603000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-51301000 usd
CY2023Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 usd
CY2022Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1862000 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1862000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30551000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142667000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
113991000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
259691000 usd
CY2023Q3 cbre Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
-8570000 usd
CY2022Q3 cbre Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
-6161000 usd
cbre Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
-2050000 usd
cbre Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
9200000 usd
CY2023Q3 cbre Impact Of Fair Value Adjustments To Assets Acquired In Business
ImpactOfFairValueAdjustmentsToAssetsAcquiredInBusiness
0 usd
CY2022Q3 cbre Impact Of Fair Value Adjustments To Assets Acquired In Business
ImpactOfFairValueAdjustmentsToAssetsAcquiredInBusiness
-1300000 usd
cbre Impact Of Fair Value Adjustments To Assets Acquired In Business
ImpactOfFairValueAdjustmentsToAssetsAcquiredInBusiness
0 usd
cbre Impact Of Fair Value Adjustments To Assets Acquired In Business
ImpactOfFairValueAdjustmentsToAssetsAcquiredInBusiness
-4447000 usd
CY2023Q3 us-gaap Restructuring Costs
RestructuringCosts
3650000 usd
CY2022Q3 us-gaap Restructuring Costs
RestructuringCosts
893000 usd
us-gaap Restructuring Costs
RestructuringCosts
3649000 usd
us-gaap Restructuring Costs
RestructuringCosts
12814000 usd
CY2023Q3 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
5858000 usd
CY2022Q3 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
7716000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
60436000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
24046000 usd
CY2023Q3 cbre Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
4224000 usd
CY2022Q3 cbre Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
18929000 usd
cbre Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
144781000 usd
cbre Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
18929000 usd
CY2023Q3 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 usd
CY2022Q3 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
9479000 usd
us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 usd
us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
46984000 usd
CY2023Q3 cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
535109000 usd
CY2022Q3 cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
702666000 usd
cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
1747250000 usd
cbre Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
2551579000 usd
CY2023Q3 us-gaap Revenues
Revenues
7868046000 usd
us-gaap Revenues
Revenues
22999025000 usd
us-gaap Revenues
Revenues
22633757000 usd

Files In Submission

Name View Source Status
0001628280-23-035353-index-headers.html Edgar Link pending
0001628280-23-035353-index.html Edgar Link pending
0001628280-23-035353.txt Edgar Link pending
0001628280-23-035353-xbrl.zip Edgar Link pending
cbre-20230930.htm Edgar Link pending
cbre-20230930.xsd Edgar Link pending
cbre-20230930x10qxex221.htm Edgar Link pending
cbre-20230930x10qxex311.htm Edgar Link pending
cbre-20230930x10qxex312.htm Edgar Link pending
cbre-20230930x10qxex32.htm Edgar Link pending
cbre-20230930_g1.jpg Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
cbre-20230930_lab.xml Edgar Link unprocessable
cbre-20230930_pre.xml Edgar Link unprocessable
cbre-20230930_htm.xml Edgar Link completed
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
cbre-20230930_def.xml Edgar Link unprocessable
cbre-20230930_cal.xml Edgar Link unprocessable