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CBRE

76.84USD-0.89(-1.14%)Market Closed

CBRE Group Inc

Market Summary

USD76.84-0.89Market Closed
-1.14%

CBRE Alerts

CBRE Stock Price

RSI Chart

Valuation

Market Cap

22.4B

Price/Earnings

11.11

Price/Sales

0.72

Price/Cashflow

11.34

MarketCap/EBT

8.92

Price/Sales

Profitability

Operating Margin

22.00%

EBT Margin

8.06%

Return on Equity

25.43%

Return on Assets

9.98%

Fundamentals

Revenue

Revenue (TTM)

31.2B

Revenue Y/Y

10.76%

Revenue Q/Q

-3.11%

Earnings

Earnings (TTM)

2.0B

Earnings Y/Y

2.5%

Earnings Q/Q

-8.35%

Price Action

52 Week Range

66.31111.00
(Low)(High)

Last 7 days

0.5%

Last 30 days

8.6%

Last 90 days

-3.3%

Trailing 12 Months

-23.9%

Financial Health

Current Ratio

1.11

Investor Care

Buy Backs (1Y)

5.59%

Diluted EPS (TTM)

6.06

Peers (Alternatives to CBRE Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
3.8B
4.05% -9.82%
24.01
14.3
23.77% 170.44%
29.1B
4.5B
11.66% -32.89%
21.77
6.46
5.62% 106.20%
22.4B
31.2B
8.59% -23.92%
11.11
0.72
19.45% 38.39%
19.6B
2.2B
2.76% -23.34%
54.78
8.98
12.27% 38.71%
14.6B
1.5B
2.91% 6.56%
28.01
10.51
14.82% 9.92%
MID-CAP
7.8B
21.2B
14.12% -35.73%
7.8
0.37
16.07% 14.02%
2.6B
10.3B
11.43% -39.61%
7.37
0.26
17.82% 306.24%
2.3B
453.6M
-0.86% -26.01%
14.72
4.67
22.42% -58.14%
SMALL-CAP
1.5B
3.1B
9.26% -45.36%
4.49
0.46
22.16% -62.15%
579.6M
1.5B
34.01% -29.29%
3.37
0.37
14.58% 62.25%
495.6M
2.4B
24.38% -87.59%
-2.31
0.21
60.60% -317.35%
444.8M
-
17.04% 5.56%
61.6
8.32
-0.98% 822.49%
384.4M
44.2M
-5.48% 10.07%
47.05
8.7
-64.75% -92.41%
73.9M
14.7M
45.48% 71.30%
-742.12
5.01
-74.71% -100.94%
26.4M
1.1M
22.59% 8.32%
-1.2
5.32
-86.96% -148.06%

Financials for CBRE Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
RevenueNaN%nullnullnullnull26,106
Earnings Before Taxes1.0%2,5152,4902,4572,4091,903
Net Income0.5%2,0182,0071,9631,8371,458
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.1%20,21520,43921,14322,07319,730
  Current Assets-3.2%8,5908,8729,33410,08210,075
    Cash Equivalents-5.7%1,1251,1931,6572,4312,768
  Net PPE-1.3%768779793816723
  Goodwill-2.8%4,6614,7954,9774,9953,875
Liabilities0.3%11,57611,54411,86012,71411,330
  Current Liabilities1.7%7,7567,6247,7908,4197,436
    LT Debt, CurrentNaN%-----
    LT Debt, Non Current-1.8%1,4771,5031,5261,5381,844
Shareholder's Equity-2.5%7,9368,1368,4708,5287,963
  Retained Earnings0.8%9,1569,0848,7598,3677,675
  Additional Paid-In CapitalNaN%--409799939
Accumulated Depreciation-3.2%1,3091,3521,3311,2891,232
Shares Outstanding-1.6%317322330333335
Minority Interest-7.3%70475981383136
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-10.0%1,9792,1982,1642,3642,170
  Share Based Compensation-185
Cashflow From Investing-5.0%-1,329.24-1,265.35-1,182.61-1,280.90-1,093.00
Cashflow From Financing-21.4%-1,978.23-1,630.15-1,101.61-490.63-239.06
  Buy Backs0.0%55255255036963

Risks

What is the probability of a big loss on CBRE?

55.8%


Probability that CBRE Group stock will be more than 20% underwater in next one year

29.2%


Probability that CBRE Group stock will be more than 30% underwater in next one year.

18.5%


Probability that CBRE Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CBRE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CBRE Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on CBRE

15%


10-Year Cumulative Returns

11.4%


7-Year Cumulative Returns

11.9%


5-Year Cumulative Returns

9.5%


3-Year Cumulative Returns

What are the long-term rolling returns for CBRE?

FIve years rolling returns for CBRE Group.

Which funds bought or sold CBRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-52.12
-417,000
326,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-282
2,000
-%
2022-11-22
CVA Family Office, LLC
-
-
-1,000
14,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
5.4
-9,000
249,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,022,000
2,022,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-4,646,000
36,614,000
0.06%
2022-11-21
FourThought Financial, LLC
-
-
-51,000
-
-%
2022-11-18
National Pension Service
REDUCED
-1.68
-3,553,000
34,024,000
0.07%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
185,000
185,000
-%
2022-11-17
M&T Bank Corp
-
-
34,000
2,403,000
0.01%

1–10 of 47

Latest Funds Activity

Are funds buying CBRE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CBRE

CBRE Group News

Seeking Alpha

Office Income! What To Make Of Boston Properties' 6% Yield.5 hours ago

CBRE Fair Value

Recent SEC filings of CBRE Group

View All Filings
Date Filed Form Type Document
Oct 27, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Sep 23, 2022
4
Insider Trading
Sep 16, 2022
3
Insider Trading
Sep 12, 2022
8-K
Current Report
Sep 06, 2022
3
Insider Trading
Sep 06, 2022
4
Insider Trading
Sep 02, 2022
4
Insider Trading
Sep 01, 2022
4
Insider Trading
Aug 23, 2022
8-K
Current Report

Latest Insider Trading transactions for CBRE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Queenan Daniel G
SOLD
-400,400
80.08
-5,000
CEO, Real Estate Investments
2022-09-01
Queenan Daniel G
SOLD
-391,300
78.26
-5,000
CEO, Real Estate Investments
2022-09-01
Hutcheson Edward McVicar Blake
ACQUIRED
-
-
2,022
-
2022-08-30
Giamartino Emma E.
SOLD
-41,241.1
79.77
-517
See Remarks
2022-06-01
Queenan Daniel G
SOLD
-415,800
83.16
-5,000
CEO, Real Estate Investments
2022-06-01
Giamartino Emma E.
SOLD (Taxes)
-20,693.4
79.59
-260
See Remarks
2022-05-19
Dhandapani Chandra
ACQUIRED
-
-
2,918
CEO, GWS
2022-05-19
KIRK J. CHRISTOPHER
ACQUIRED
-
-
2,918
Chief Operating Officer
2022-05-18
Goodman Shira
ACQUIRED
-
-
2,784
-
2022-05-18
LOPEZ GERARDO I
ACQUIRED
-
-
2,784
-

1–10 of 50

Robert E. Sulentic
65535
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction management, marketing, building engineering, accounting, and financial services for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment offers facilities management, project management, and transaction management services. The Real Estate Investments segment provides investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; development services under the Trammell Crow Company brand primarily to users of and investors in commercial real estate; and flexible-space solutions under the CBRE Hana brand. The company was founded in 1906 and is headquartered in Dallas, Texas.

CBRE Income Statement

2022-09-30
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 7,529,546$ 6,798,327$ 22,633,757$ 19,195,819
Costs and expenses:    
Cost of revenue5,934,4905,258,94717,740,66814,995,252
Operating, administrative and other1,080,3161,025,6813,335,1312,811,224
Depreciation and amortization142,136122,564453,527363,727
Asset impairments0036,7560
Total costs and expenses7,156,9426,407,19221,566,08218,170,203
Gain on disposition of real estate1,74618,530200,56419,615
Operating income374,350409,6651,268,2391,045,231
Equity income from unconsolidated subsidiaries233,972163,809396,011459,535
Other income (loss)7,8447,693(13,529)22,470
Interest expense, net of interest income19,95711,03851,30134,916
Write-off of financing costs on extinguished debt1,86201,8620
Income before provision for income taxes594,347570,1291,597,5581,492,320
Provision for income taxes142,667133,507259,691343,279
Net income451,680436,6221,337,8671,149,041
Less: Net income attributable to non-controlling interests5,04187911,6094,459
Net income attributable to CBRE Group, Inc.$ 446,639$ 435,743$ 1,326,258$ 1,144,582
Basic income per share:    
Net income per share attributable to CBRE Group, Inc. (in dollars per share)$ 1.40$ 1.30$ 4.07$ 3.41
Weighted average shares outstanding for basic income per share (in shares)319,827,769335,364,942325,705,500335,621,337
Diluted income per share:    
Net income per share attributable to CBRE Group, Inc. (in dollars per share)$ 1.38$ 1.28$ 4.01$ 3.37
Weighted average shares outstanding for diluted income per share (in shares)324,742,584340,337,159330,558,314339,805,292

CBRE Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 1,125,011$ 2,430,951
Restricted cash98,040108,830
Receivables, less allowance for doubtful accounts of $96,298 and $97,588 at September 30, 2022 and December 31, 2021, respectively4,936,1465,150,473
Warehouse receivables1,190,9641,303,717
Prepaid expenses312,374333,885
Contract assets373,484338,749
Income taxes receivable19,55944,104
Other current assets534,379371,656
Total Current Assets8,589,95710,082,365
Property and equipment, net of accumulated depreciation and amortization of $1,308,977 and $1,288,509 at September 30, 2022 and December 31, 2021, respectively768,445816,092
Goodwill4,660,6384,995,175
Other intangible assets, net of accumulated amortization of $1,819,575 and $1,725,280 at September 30, 2022 and December 31, 2021, respectively2,146,4682,409,427
Operating lease assets992,8311,046,377
Investments in unconsolidated subsidiaries (with $870,604 and $813,031 at fair value at September 30, 2022 and December 31, 2021, respectively)1,461,2871,196,088
Non-current contract assets131,341135,626
Real estate under development237,611326,416
Non-current income taxes receivable46,00133,150
Deferred tax assets, net155,945157,032
Other assets, net1,024,806875,743
Total Assets20,215,33022,073,491
Current Liabilities:  
Accounts payable and accrued expenses2,720,4662,916,331
Compensation and employee benefits payable1,403,9341,539,291
Accrued bonus and profit sharing1,297,1051,694,590
Contract liabilities314,299280,659
Operating lease liabilities196,521232,423
Income taxes payable119,930246,035
Short-term borrowings:  
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase)1,176,5141,277,451
Revolving credit facility283,0000
Other short-term borrowings38,41132,668
Total short-term borrowings1,497,9251,310,119
Other current liabilities205,473199,421
Total Current Liabilities7,755,6538,418,869
Long-term debt, net of current maturities1,476,9291,538,123
Non-current operating lease liabilities1,065,8151,116,562
Non-current tax liabilities134,188144,884
Non-current income taxes payable54,76154,761
Deferred tax liabilities, net284,123405,258
Other liabilities804,2171,035,917
Total Liabilities11,575,68612,714,374
Commitments and contingencies00
CBRE Group, Inc. Stockholders’ Equity:  
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 317,055,298 and 332,875,959 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively3,1713,329
Additional paid-in capital0798,892
Accumulated earnings9,155,7398,366,631
Accumulated other comprehensive loss(1,223,083)(640,659)
Total CBRE Group, Inc. Stockholders’ Equity7,935,8278,528,193
Non-controlling interests703,817830,924
Total Equity8,639,6449,359,117
Total Liabilities and Equity$ 20,215,330$ 22,073,491