Colliers International Group Inc Bats (CIGI) financial statements
Colliers International Group Inc Bats reported revenue of $5.6B in fiscal 2025, up 12.7% a year over 9 years.
Net income was $103M and the operating margin 6.7%, against 7.7% in 2016.
Free cash flow was $251M, and the company returned $15M in dividends.
The diluted share count rose 31% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Colliers International Group Inc Bats's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $2.4B | $2.8B | $3.0B | $2.8B | $4.1B | $4.5B | $4.3B | $4.8B | $5.6B |
| Cost of revenue | — | — | $1.8B | $2.0B | $1.7B | $2.5B | $2.7B | $2.6B | $2.9B | $3.3B |
| Gross profit | — | — | $1.0B | $1.1B | $1.0B | $1.6B | $1.7B | $1.7B | $1.9B | $2.2B |
| Selling, general and admin | $522M | $614M | $706M | $745M | $710M | $1.0B | $1.1B | $1.2B | $1.3B | $1.6B |
| Operating income | $146M | $167M | $201M | $218M | $165M | -$132M | $332M | $301M | $389M | $371M |
| Pre-tax income | $139M | $156M | $182M | $191M | $137M | -$152M | $290M | $213M | $311M | $305M |
| Income tax | $48M | $62M | $53M | $53M | $42M | $86M | $95M | $68M | $74M | $80M |
| Net income | $68M | $49M | $98M | $103M | $49M | -$390M | $46M | $66M | $162M | $103M |
| EPS (diluted) | $1.75 | $1.31 | $2.45 | $2.57 | $1.22 | -$9.09 | $1.05 | $1.41 | $3.22 | $2.02 |
| Diluted shares | 39M | 39M | 40M | 40M | 40M | 43M | 44M | 46M | 50M | 51M |
| Gross margin | — | — | 35.7% | 35.7% | 37.5% | 38.4% | 38.3% | 40.1% | 39.9% | 40.0% |
| Operating margin | 7.7% | 6.9% | 7.1% | 7.2% | 5.9% | -3.2% | 7.5% | 6.9% | 8.1% | 6.7% |
| Net margin | 3.6% | 2.0% | 3.5% | 3.4% | 1.8% | -9.5% | 1.0% | 1.5% | 3.4% | 1.9% |
Balance sheet
Fiscal years, from Colliers International Group Inc Bats's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $113M | $109M | $127M | $115M | $167M | $405M | $191M | $200M | $194M | $230M |
| Receivables | $311M | $383M | $455M | $394M | $372M | $502M | $578M | $643M | $736M | $829M |
| Total current assets | $506M | $664M | $757M | $718M | $1.0B | $1.6B | $1.2B | $1.5B | $1.6B | $1.8B |
| Property, plant and equipment | $65M | $84M | $93M | $107M | $129M | $145M | $164M | $203M | $227M | $251M |
| Goodwill | $348M | $455M | $888M | $949M | $1.1B | $1.1B | $2.0B | $2.0B | $2.3B | $2.6B |
| Total assets | $1.2B | $1.5B | $2.4B | $2.9B | $3.3B | $3.9B | $5.1B | $5.5B | $6.1B | $6.8B |
| Total current liabilities | $510M | $725M | $799M | $924M | $1.1B | $1.5B | $1.3B | $1.4B | $1.5B | $1.7B |
| Long-term debt | $261M | $247M | $670M | $607M | $471M | $530M | $1.4B | $1.5B | $1.5B | $1.6B |
| Total liabilities | $966M | $1.2B | $2.0B | $2.4B | $2.7B | $3.3B | $4.6B | $4.6B | $4.8B | $5.3B |
| Shareholders' equity | $206M | $299M | $388M | $513M | $582M | $582M | $490M | $848M | $1.3B | $1.5B |
| Net debt | $147M | $139M | $543M | $492M | $314M | $133M | $1.3B | $1.3B | $1.3B | $1.4B |
Cash flow
Fiscal years, from Colliers International Group Inc Bats's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $156M | $213M | $257M | $311M | $166M | $289M | $67M | $166M | $326M | $330M |
| Capital spending | $25M | $39M | $36M | $44M | $40M | $58M | $68M | $85M | $65M | $79M |
| Free cash flow | $131M | $173M | $222M | $267M | $126M | $231M | -$650,000 | $81M | $261M | $251M |
| Stock-based compensation | $3M | $4M | $6M | $8M | $10M | $14M | $22M | $27M | $46M | $56M |
| Dividends paid | $3M | $4M | $4M | $4M | $4M | $4M | $13M | $14M | $15M | $15M |
| Net borrowing | $17M | -$22M | $186M | -$645M | -$779M | -$820M | -$700M | -$833M | -$1.7B | -$1.1B |
| Free cash flow margin | 6.9% | 7.1% | 7.9% | 8.8% | 4.5% | 5.6% | -0.0% | 1.9% | 5.4% | 4.5% |
| Dividends per share | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.30 | $0.29 | $0.29 | $0.30 |
Questions
What was Colliers International Group Inc Bats's revenue in 2025?
$5.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does Colliers International Group Inc Bats generate?
$251M in fiscal 2025 (operating cash flow minus capital spending).
From Colliers International Group Inc Bats's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.