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CBRE (CBRE Group) Debt-to-EBITDA : 3.13 (As of Sep. 2024)


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What is CBRE Group Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

CBRE Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2,376 Mil. CBRE Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4,482 Mil. CBRE Group's annualized EBITDA for the quarter that ended in Sep. 2024 was $2,188 Mil. CBRE Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.13.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for CBRE Group's Debt-to-EBITDA or its related term are showing as below:

CBRE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.61   Med: 2.07   Max: 3.51
Current: 3.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of CBRE Group was 3.51. The lowest was 1.61. And the median was 2.07.

CBRE's Debt-to-EBITDA is ranked better than
66.77% of 1246 companies
in the Real Estate industry
Industry Median: 6.06 vs CBRE: 3.51

CBRE Group Debt-to-EBITDA Historical Data

The historical data trend for CBRE Group's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CBRE Group Debt-to-EBITDA Chart

CBRE Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.78 2.01 1.80 2.82

CBRE Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.49 1.85 4.49 4.02 3.13

Competitive Comparison of CBRE Group's Debt-to-EBITDA

For the Real Estate Services subindustry, CBRE Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CBRE Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CBRE Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CBRE Group's Debt-to-EBITDA falls into.



CBRE Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

CBRE Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(933 + 3893) / 1712
=2.82

CBRE Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2376 + 4482) / 2188
=3.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


CBRE Group  (NYSE:CBRE) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


CBRE Group Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of CBRE Group's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


CBRE Group Business Description

Traded in Other Exchanges
Address
2100 McKinney Avenue, Suite 1250, Dallas, TX, USA, 75201
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. Additionally, CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.
Executives
Daniel G Queenan officer: CEO, Real Estate Investments C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Oscar Munoz director
Christopher T Jenny director MAC-GRAY CORPORATION, 22 WATER STREET, CAMBRIDGE MA 02141
Vikramaditya Kohli officer: See Remarks 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Emma E. Giamartino officer: See Remarks 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Lindsey S Caplan officer: Chief Accounting Officer 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
John E Durburg officer: Chief Operating Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Chandra Dhandapani officer: Chief Digital & Tech. Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Brandon Boze director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Hutcheson Edward Mcvicar Blake director 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
J. Christopher Kirk officer: EVP, Chief Admin. Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Susan Meaney director 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Robert E Sulentic director, officer: Group President C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Michael J Lafitte officer: President, Americas C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Laurence H Midler officer: EVP & Secretary C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201