Cushman & Wakefield
CWK
11.42
-0.52
-4.36%
Cushman & Wakefield
US · CWK
#2556 by market cap
Listed 2018
11.42
-0.52
-4.36%
Live - 5344 symbols - heartbeat 45s ago
· 2026-10-07 19:54
After-hours
11.42
0.00%
- Market cap
- 2.68B
- P/E (TTM)i
- 38.07
- P/Bi
- 1.33
- EPSi
- 0.38
- Div yieldi
- 0.00%
- 52W posi
- 3%
Reader sentiment
Are you bullish or bearish on CWK?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.69, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +8.91% YoY
Margins
- Gross margin
- 18.27%
- Operating margin
- 4.46%
- Net margin
- 0.86%
Key ratios & quality
- Enterprise valuei
- 4.65B
- Altman Z-Scorei
- 1.69
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.22B | 8.75B | 7.84B | 9.39B | 10.11B | 9.49B | 9.45B | 10.29B |
| Gross profit | 1.58B | 1.77B | 1.39B | 1.94B | 1.95B | 1.65B | 1.73B | 1.88B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 14.10M | 195.00M | 4.00M | 541.50M | 544.00M | 243.70M | 380.00M | 458.60M |
| Pretax profit | -210.80M | 42.80M | -176.60M | 339.90M | 338.00M | -30.00M | 175.80M | 114.20M |
| Tax | -25.00M | 42.60M | 43.90M | 89.90M | 141.60M | 5.40M | 44.50M | 26.00M |
| Net profit | -185.80M | 200.00K | -220.50M | 250.00M | 196.40M | -35.40M | 131.30M | 88.20M |
| Basic EPS | -1 | 0 | -1 | 1 | 1 | 0 | 1 | 0 |
| Diluted EPS | -1.09 | 0.00 | -1.00 | 1.10 | 0.86 | -0.16 | 0.56 | 0.38 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 2.28B | 2.48B | 2.61B | 2.91B | 2.54B | 2.76B |
| Gross profit | 384.30M | 467.30M | 453.90M | 574.50M | 420.70M | 512.00M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 51.80M | 122.80M | 107.50M | 176.50M | 58.70M | 134.20M |
| Pretax profit | 5.00M | 76.20M | 45.10M | -12.10M | -9.60M | 77.30M |
| Tax | 3.10M | 18.90M | -6.30M | 10.30M | 3.00M | 24.60M |
| Net profit | 1.90M | 57.30M | 51.40M | -22.40M | -12.60M | 52.70M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.01 | 0.25 | 0.22 | -0.10 | -0.05 | 0.22 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 2.74B | 2.86B | 2.89B | 2.83B | 2.77B | 2.80B | 2.69B | 2.84B |
| Cash & ST investments | 895.30M | 813.20M | 1.07B | 770.70M | 644.50M | 767.70M | 793.30M | 784.20M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 6.55B | 7.16B | 7.34B | 7.89B | 7.95B | 7.77B | 7.55B | 7.68B |
| Total current liabilities | 2.04B | 2.32B | 2.07B | 2.43B | 2.39B | 2.40B | 2.33B | 2.59B |
| Short-term debt | 39.90M | 39.30M | 39.70M | 42.40M | 49.80M | 149.70M | 103.20M | 124.90M |
| Long-term debt | 2.64B | 2.62B | 3.24B | 3.22B | 3.21B | 3.10B | 2.94B | 2.62B |
| Total liabilities | 5,185,900,000.00 | 5,862,100,000.00 | 6,242,300,000.00 | 6,441,800,000.00 | 6,287,200,000.00 | 6,096,000,000.00 | 5,793,800,000.00 | 5,720,800,000.00 |
| Total equity | 1.36B | 1.30B | 1.10B | 1.45B | 1.66B | 1.68B | 1.76B | 1.96B |
| Retained earnings | -1.30B | -1.30B | -1.53B | -1.28B | -1.08B | -1.12B | -985.90M | -897.70M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.60B | 2.64B | 2.67B | 2.84B | 2.75B | 2.63B |
| Cash & ST investments | 623.20M | 618.20M | 634.40M | 784.20M | 600.60M | 500.50M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 7.41B | 7.56B | 7.69B | 7.68B | 7.65B | 7.55B |
| Total current liabilities | 2.20B | 2.33B | 2.51B | 2.59B | 2.43B | 2.44B |
| Short-term debt | 108.50M | 174.80M | 129.20M | 124.90M | 129.80M | 243.30M |
| Long-term debt | 2.91B | 2.82B | 2.72B | 2.62B | 2.62B | 2.41B |
| Total liabilities | 5,630,600,000.00 | 5,651,300,000.00 | 5,733,400,000.00 | 5,720,800,000.00 | 5,695,400,000.00 | 5,531,600,000.00 |
| Total equity | 1.78B | 1.90B | 1.96B | 1.96B | 1.95B | 2.02B |
| Retained earnings | -984.00M | -926.70M | -875.30M | -897.70M | -910.30M | -857.60M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -2.20M | 269.30M | -38.20M | 549.50M | 49.10M | 152.20M | 208.00M | 340.40M |
| Depreciation & amortization | 290.00M | 414.60M | 381.80M | 276.30M | 249.10M | 243.40M | 208.70M | 190.70M |
| Free cash flow | -86.40M | 189.00M | -79.20M | 495.70M | -1.60M | 101.20M | 167.00M | 293.00M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 1.00B | -31.50M | -18.90M | -8.60M | -27.20M | -8.10M | -10.40M | -11.20M |
| Ending cash balance | 965.40M | 872.30M | 1.16B | 890.30M | 719.00M | 801.20M | 814.60M | 803.50M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -162.00M | 9.60M | 235.50M | 257.30M | -243.50M | 54.00M |
| Depreciation & amortization | 48.40M | 47.90M | 47.00M | 47.40M | 47.50M | 51.00M |
| Free cash flow | -166.60M | 300.00K | 225.00M | 234.30M | -255.70M | 45.50M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -10.20M | -200.00K | -500.00K | -300.00K | -22.20M | -900.00K |
| Ending cash balance | 640.20M | 646.00M | 660.80M | 803.50M | 619.50M | 518.70M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -19.94 | 0.02 | -18.41 | 19.67 | 12.63 | -2.12 | 7.65 | 4.75 |
| ROA %i | -3.01 | 0.00 | -3.04 | 3.28 | 2.48 | -0.45 | 1.71 | 1.16 |
| ROIC %i | -5.03 | 0.00 | -4.80 | 5.06 | 3.79 | 3.56 | 5.88 | 5.09 |
| 5-year avg ROE %i | -- | -- | -30.52 | -11.87 | -1.22 | 2.36 | 3.88 | 8.52 |
| EBIT margin %i | 0.20 | 2.28 | 0.05 | 5.77 | 5.38 | 2.64 | 4.29 | 3.21 |
| FCF / sales %i | -- | 2.16 | -- | 5.28 | -- | 1.07 | 1.77 | 2.85 |
| Current ratioi | 1.35 | 1.23 | 1.40 | 1.16 | 1.16 | 1.17 | 1.15 | 1.10 |
| Quick ratioi | 1.18 | 1.02 | 1.29 | 1.05 | 1.05 | 1.09 | 1.08 | 1.02 |
| Debt / assetsi | 41.00 | 43.51 | 50.16 | 46.35 | 45.24 | 45.87 | 43.89 | 39.03 |
| LT debt / equityi | 194.41 | 236.49 | 332.63 | 249.70 | 213.47 | 203.68 | 182.91 | 146.86 |
| Interest coveragei | -- | -- | -- | -- | -- | 0.89 | 1.76 | 1.53 |
| Revenue CAGR (3Y) %i | 25.15 | 12.08 | 4.25 | 4.53 | 4.91 | 6.57 | 0.20 | 0.60 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | 893.96 | -- | -19.32 | -23.42 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -30.42 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 9.53 | 11.62 | 12.21 | 4.75 | 3.95 | 3.52 |
| ROA %i | 2.17 | 2.76 | 2.94 | 1.16 | 0.98 | 0.91 |
| ROIC %i | 6.63 | 4.03 | 4.41 | 5.09 | 4.57 | 1.36 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 4.51 | 4.81 | 4.87 | 3.21 | 2.97 | 3.22 |
| FCF / sales %i | 1.42 | 1.30 | 1.65 | 2.85 | 1.93 | 2.30 |
| Current ratioi | 1.18 | 1.13 | 1.07 | 1.10 | 1.13 | 1.08 |
| Quick ratioi | 1.07 | 1.04 | 0.98 | 1.02 | 1.01 | 0.98 |
| Debt / assetsi | 44.20 | 42.91 | 40.43 | 39.03 | 40.79 | 40.11 |
| LT debt / equityi | 178.19 | 161.12 | 152.27 | 146.86 | 153.16 | 137.83 |
| Interest coveragei | 1.93 | -- | -- | 1.53 | 1.47 | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Services is the largest reported line at 65.20% of revenue, across 4 reported segments.
- Leasing follows at 22.75%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Services65.20%
Leasing22.75%
Capital Markets7.47%
Valuation and other4.58%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.