Colliers International Group Inc. cash flow statement

In fiscal 2025, Colliers International Group Inc.'s operations generated $330m of cash; it spent $78.7m on capital projects, leaving free cash flow of $251m. It returned $15.2m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Colliers International Group Inc.: cash flow statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	81	115	80	103	116	159	157	156	213	257	311	166	289	67	166	326	330
Depreciation and amortisation	46	48	51	54	33	36	39	45	53	79	95	126	145	177	203	222	256
Stock-based pay	3	3	2	3	2	2	4	3	4	6	8	10	14	22	27	46	56
Capital spending	24	32	37	44	18	30	23	25	39	36	44	40	58	68	85	65	79
Free cash flow	57	83	43	59	98	129	135	131	173	222	267	126	231	−1	81	261	251
Free cash flow after stock pay	54	80	40	55	96	127	130	128	169	216	259	116	217	−23	54	215	196
Dividends paid	—	—	—	—	7	14	7	3	4	4	4	4	4	13	14	15	15
Share buybacks	—	—	20	7	15	29	—	—	—	—	—	—	0	166	0	—	—
Shares issued	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	287	0

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: CIGI vs FSV AGNT vs CIGI CIGI vs CSGP

More: Real Estate Services stocks compared, Real Estate sector, rankings of US companies

Figures from Colliers International Group Inc.'s SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Colliers International Group Inc.