CBRE GROUP, INC. CBRE Income Statement

Cbre group, inc. (CBRE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
24,647	23,894	23,068	22,404	21,801	21,340	20,545	19,923	19,251	18,628	21,250	19,805	18,573	17,369	12,948	12,467	11,650	10,855	9,942	9,505	9,241	9,049	8,496	7,955	7,570	7,184	6,956	6,780	6,639	6,514	6,271	6,249	6,070	5,905	5,793	5,524	5,274	5,115	4,487	4,176	0	0	0
Costs and expenses:
Cost of revenue
19,379	18,689	17,926	17,338	16,851	16,449	15,828	15,327	14,778	14,305	17,054	15,709	14,553	13,420	9,051	8,572	7,805	7,082	6,258	5,914	5,740	5,611	5,181	4,785	4,489	4,189	4,043	3,926	3,816	3,742	3,619	3,599	3,530	3,457	3,379	3,219	3,058	2,960	2,635	2,467	0	0	0
Operating, administrative and other
3,433	3,436	3,428	3,477	3,426	3,365	3,252	3,097	2,984	2,858	2,794	2,775	2,743	2,780	2,875	2,815	2,745	2,633	2,512	2,486	2,442	2,438	2,334	2,229	2,163	2,104	2,063	2,048	2,031	2,002	2,009	1,995	1,946	1,882	1,801	1,706	1,646	1,607	1,423	1,377	0	0	0
Depreciation and amortization
447	439	440	442	449	451	444	433	420	406	393	384	373	366	368	350	331	314	284	277	269	265	248	229	209	190	182	174	169	169	160	151	138	115	108	103	105	108	103	102	0	0	0
Asset impairments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
23,335	22,654	21,884	21,347	20,816	20,266	19,524	18,859	18,183	17,569	20,242	18,868	17,671	16,568	12,294	11,738	10,882	10,030	9,055	8,677	8,452	8,315	7,863	7,342	6,960	6,582	6,289	6,170	6,037	5,934	5,809	5,747	5,616	5,455	5,288	5,029	4,809	4,676	4,163	3,947	0	0	0
Non-amortizable intangible asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of real estate
23	19	21	21	34	14	13	19	18	19	18	23	12	15	19	14	0	-	0	0	-	57	39	32	17	13	12	15	8	5	6	6	11	12	11	11	0	-	0	0	-	0	0
Operating income
1,335	1,259	1,205	1,078	1,019	1,087	1,034	1,084	1,087	1,078	1,026	960	914	816	669	737	783	835	917	862	839	792	672	645	627	616	679	625	610	585	468	508	465	462	519	506	473	446	330	238	0	0	0
Equity income from unconsolidated subsidiaries
108	160	181	282	357	324	315	256	235	210	238	195	155	197	240	232	204	162	73	99	102	101	102	72	69	64	70	60	56	60	85	89	103	104	54	51	48	26	5	-0	0	0	0
Other (loss) income
7	28	23	118	118	93	95	1	1	9	5	4	5	4	9	3	-1	-3	-3	1	8	12	15	20	15	13	15	10	7	11	-1	0	0	-	0	-	0	-	-	-	-	-	-
Interest expense, net of interest income
-80	-85	-93	-96	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	11	-	9	7	9	8	6	7	5	6	6	7	6	6	5	5	5	6	6	7	7	7	8	8	9	9	9	8	9	8	7	7	0	0	0
Interest expense
-	-	-	-	-	-	-	-	131	-	139	142	144	144	144	138	127	118	110	107	110	112	111	111	120	135	150	166	173	175	175	170	160	150	148	159	175	191	203	201	0	0	0
Write-off of financing costs on extinguished debt
-	2	2	2	2	27	0	0	0	-	-	-	-	-	-	-	-	2	25	0	0	-	0	-	-	56	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Income before provision for income taxes
1,371	1,361	1,318	1,383	1,397	1,379	1,311	1,201	1,174	1,171	1,140	1,025	940	882	781	842	864	879	880	836	821	777	661	632	555	508	565	480	493	489	400	443	427	429	410	388	338	272	139	44	0	0	0
Provision for income taxes
77	69	271	302	310	313	478	460	460	467	332	306	300	296	280	301	314	320	298	295	282	263	237	224	206	187	203	169	178	185	174	199	191	189	175	166	146	130	80	47	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	321	361	310	314	304	226	243	236	240	234	222	191	141	58	-2	0	0	0
Income from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	0	0	0	-	-	-	39	49	24	31	0	-	0	0	-	-	-
Net income
1,294	1,291	1,046	1,080	1,086	1,065	832	741	714	703	808	719	639	585	501	540	550	558	581	541	538	513	426	410	354	348	386	335	336	304	259	276	275	290	251	246	216	156	73	4	0	0	0
Less: Net income attributable to non-controlling interests
4	9	8	8	9	2	4	4	4	6	5	10	11	12	13	7	14	11	10	12	28	29	31	28	8	32	11	15	10	-10	36	30	44	51	-3	-0	-24	-44	-44	-49	0	0	0
Net income attributable to CBRE Group, Inc.
1,290	1,282	1,038	1,072	1,077	1,063	828	737	710	697	802	708	627	573	488	533	536	547	571	529	509	484	394	382	346	316	374	320	326	315	222	246	231	239	254	247	241	200	117	53	0	0	0
Basic income per share:
Income from continuing operations attributable to CBRE Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.34	0.29	0.21	0.11	0.53	0.12	0.24	0.08	0.23	0.20	0.19	0.11	0.31	0.17	0.15	-0.02	0.04	-0.02
Income from discontinued operations attributable to CBRE Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	0.00	0.00	-	-	-	0.00	0.02	0.00	0.00	0.00	0.00	0.01	0.02	0.00	-	-
Net income per share attributable to CBRE Group, Inc.
0.51	1.90	0.76	0.67	0.49	1.16	0.86	0.67	0.44	0.46	0.59	0.60	0.41	0.79	0.31	0.36	0.25	0.53	0.45	0.38	0.28	0.62	0.32	0.32	0.21	0.35	0.29	0.21	0.11	0.54	0.12	0.24	0.08	0.25	0.20	0.19	0.11	0.31	0.18	0.17	-0.02	0.04	-0.02
Weighted average shares outstanding for basic income per share
334	334	336	336	336	339	339	339	338	338	337	336	336	336	335	335	333	333	332	331	331	331	330	330	330	329	328	327	326	325	322	320	320	320	318	317	316	315	313	312	312	282	265
Diluted income per share:
Income from continuing operations attributable to CBRE Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.34	0.28	0.21	0.11	0.53	0.12	0.23	0.08	0.22	0.20	0.19	0.11	0.30	0.17	0.15	-0.02	0.04	-0.02
Income from discontinued operations attributable to CBRE Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	0.00	0.00	-	-	-	0.00	0.02	0.00	0.00	0.00	0.00	0.01	0.02	0.00	-	-
Net income per share attributable to CBRE Group, Inc.
0.51	1.88	0.75	0.66	0.48	1.14	0.85	0.67	0.44	0.48	0.58	0.59	0.40	0.78	0.31	0.36	0.24	0.54	0.44	0.37	0.28	0.61	0.32	0.32	0.20	0.35	0.28	0.21	0.11	0.54	0.12	0.23	0.08	0.24	0.20	0.19	0.11	0.30	0.18	0.17	-0.02	0.04	-0.02
Weighted average shares outstanding for diluted income per share
339	340	341	340	340	342	343	343	342	341	341	340	339	339	338	338	337	337	336	336	335	335	334	333	333	332	332	331	330	329	327	326	325	324	323	324	322	325	319	318	312	285	265
Amounts attributable to CBRE Group, Inc. shareholders
Income from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	314	371	316	322	313	216	240	226	233	254	246	232	191	108	46	0	0	0
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	0	-	-	-	5	5	-0	1	8	8	0	0	0	-	-
Net income
1,290	1,282	1,038	1,072	1,077	1,063	828	737	710	697	642	564	0	-	0	0	-	-	-	-	-	-	394	382	346	316	374	320	326	315	222	246	231	239	254	247	241	200	117	53	0	0	0