CBRE Group (CBRE) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared with both the prior quarter and the same quarter last year. The improvement was supported by growth across operations.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared with both the prior quarter and the same quarter last year. The improvement was supported by growth across operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.3B
Revenue reported for this quarter.
Quarter-over-quarter
+5.6%
Change from the immediately preceding quarter.
Year-over-year
+8.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$32.7B
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 |
|---|---|---|
| Sep 30, 2023 | $7.7B | +4.8% |
| Dec 31, 2023 | $8.9B | +10.6% |
| Mar 31, 2024 | $7.8B | +7.1% |
| Jun 30, 2024 | $8.3B | +8.7% |
Revenue performance
The reported revenue shows an upward trend for the quarter, continuing the positive momentum from earlier periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose, and it also increased from the same quarter one year earlier. The trailing twelve-month revenue reflects sustained growth.
What to watch
Future performance should be monitored given the company's disclosed capital commitments and reliance on internally generated cash flow.