Company research / CWK

Cushman & Wakefield Ltd. (CWK)

CIK 0001628369 · NYSE · Real Estate

  • Sector Finance & Real Estate
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Cushman & Wakefield Ltd. reported revenue of $10.29B. Revenue grew 8.9% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $10.82B.

Key ratios (year ended 2025-12-31)

4.4%
Operating margin
0.9%
Net margin
4.5%
Return on year-end equity
8.9%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-21

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$10.82B$10.29B$9.45B$9.49B$10.11B$9.39B$7.84B$8.75B$8.22B$6.92B$6.22B
Operating Income$477.20M$452.50M$338.90M$205.60M$535.10M$497.00M-$53.10M$187.30M$12.60M-$171.10M-$295.40M
Depreciation & Amortization$105.10M$104.20M$122.20M$145.60M$146.90M$172.10M$263.60M$296.70M$290.00M$270.60M$260.60M
EBITDA$582.30M$556.70M$461.10M$351.20M$682.00M$669.10M$210.50M$484.00M$302.60M$99.50M-$34.80M
Net Income$69.10M$88.20M$131.30M-$35.40M$196.40M$250.00M-$220.50M$200.0K-$185.80M-$221.30M-$434.20M
EPS (Diluted)n/a$0.38$0.56-$0.16$0.86$1.10-$1.00$0.00-$1.09-$1.54n/a
Total Assets$7.55B$7.68B$7.55B$7.77B$7.95B$7.89B$7.34B$7.16B$6.55B$5.79Bn/a
Total Liabilities$5.53B$5.72B$5.79B$6.10B$6.29B$6.44B$6.24B$5.86B$5.19B$5.29Bn/a
Long-Term Debtn/an/an/an/an/an/an/an/a$2.69Bn/an/a
Shareholders' Equity$2.02B$1.96B$1.75B$1.68B$1.66B$1.45B$1.09B$1.30B$1.36B$499.40M$585.50M
Cash & Equivalents$500.50M$784.20M$793.30M$767.70M$644.50M$770.70M$1.07B$813.20M$895.30M$405.60M$382.30M
Operating Cash Flow$303.30M$340.40M$208.00M$152.20M$49.10M$549.50M-$38.20M$269.30M-$2.20M$4.40M-$335.10M
Capital Expenditures$54.20M$47.40M$41.00M$51.00M$50.70M$53.80M$41.00M$80.30M$84.20M$129.10M$77.30M
Free Cash Flow$249.10M$293.00M$167.00M$101.20M-$1.60M$495.70M-$79.20M$189.00M-$86.40M-$124.70M-$412.40M
Shares Outstanding234.50M231.70M229.70M227.28M225.78M223.71M221.96M219.50M216.60Mn/an/a
Weighted Average Diluted Sharesn/a234.70M232.80M226.90M228.00M226.50M220.80M224.50M171.20M143.90Mn/a
EPS (Basic)n/a$0.38$0.57-$0.16$0.87$1.12-$1.00$0.00-$1.09-$1.54n/a

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