CBRE Group (CBRE) Revenue — Quarter Ended Dec 31, 2023
CBRE Group reported higher revenue for the quarter. The reported revenue direction was upward.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
CBRE Group reported higher revenue for the quarter. The reported revenue direction was upward.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.9B
Revenue reported for this quarter.
Quarter-over-quarter
+14.8%
Change from the immediately preceding quarter.
Year-over-year
+10.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $7.3B | +1.9% |
| Jun 30, 2023 | $7.6B | -0.1% |
| Sep 30, 2023 | $7.7B | +4.8% |
| Dec 31, 2023 | $8.9B | +10.6% |
Revenue performance
Revenue for the quarter rose compared to the previous quarter. It also increased versus the same quarter one year ago.
Quarterly comparison
Sequentially, revenue grew from the prior quarter. On a year-over-year basis, revenue also improved.
What to watch
The filing notes significant future capital commitments, particularly within the Real Estate Investments segment.