CBRE · 8-K · 20261022PR000028

Debt and Liquidity Position

CBRE GROUP, INC. · 2026-10-22 · Importance 25 · Surprise 6

At September 30, 2026, CBRE reported total debt of $6.978 billion and cash and cash equivalents of $1.683 billion, resulting in net debt of $5.295 billion. Net leverage was 1.36x net debt to trailing 12-month core EBITDA of $3.902 billion. Total liquidity at quarter-end was $5.0 billion. Long-term debt, net of current maturities, was $5.710 billion, compared with $5.050 billion at December 31, 2025.

Key facts

• CBRE had $5.0 billion of total liquidity at the end of Q3 2026. source
• CBRE's net leverage calculation as of September 30, 2026 comprised total debt of $6,978 million, cash and cash equivalents of $1,683 million, net debt of $5,295 million, and trailing 12-month Core EBITDA of $3,902 million. source
• CBRE's net leverage ratio was 1.36x as of September 30, 2026. source