Cushman & Wakefield Limited (CWK)

NYSE: CWK · Real-Time Price · USD

13.33

+0.20 (1.52%)

At close: Feb 20, 2026, 4:00 PM EST

13.36

+0.03 (0.23%)

After-hours: Feb 20, 2026, 7:33 PM EST

Cushman & Wakefield Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10,288	9,447	9,494	10,106	9,389
Revenue Growth (YoY)	8.91%	-0.50%	-6.06%	7.64%	19.70%
Cost of Revenue	8,408	7,720	7,842	8,154	7,448
Gross Profit	1,880	1,726	1,652	1,952	1,940
Selling, General & Admin	1,317	1,216	1,223	1,261	1,227
Operating Expenses	1,421	1,338	1,368	1,408	1,399
Operating Income	458.6	388.5	284	544	541.5
Interest Expense	-216.2	-225.5	-230.5	-193.1	-179.5
Earnings From Equity Investments	-168.3	37.4	58.1	85	21.2
Other Non Operating Income (Expenses)	46.2	11	15.2	-89	1.2
EBT Excluding Unusual Items	120.3	211.4	126.8	346.9	384.4
Merger & Restructuring Charges	-	-28.9	-55.6	-7.3	-26.2
Gain (Loss) on Sale of Investments	-	-0.8	-27.8	-	-
Gain (Loss) on Sale of Assets	-	-15.8	-	-	-
Asset Writedown	-6.1	-3.8	-13.6	-1.6	-18.3
Other Unusual Items	-	-5.5	-59.8	-	-
Pretax Income	114.2	175.8	-30	338	339.9
Income Tax Expense	26	44.5	5.4	141.6	89.9
Earnings From Continuing Operations	88.2	131.3	-35.4	196.4	250
Net Income	88.2	131.3	-35.4	196.4	250
Net Income to Common	88.2	131.3	-35.4	196.4	250
Net Income Growth	-32.83%	-	-	-21.44%	-
Shares Outstanding (Basic)	231	229	227	225	223
Shares Outstanding (Diluted)	235	233	227	228	227
Shares Change (YoY)	0.82%	2.60%	-0.48%	0.66%	2.58%
EPS (Basic)	0.38	0.57	-0.16	0.87	1.12
EPS (Diluted)	0.38	0.56	-0.16	0.86	1.10
EPS Growth	-32.14%	-	-	-21.82%	-
Free Cash Flow	293	167	101.2	-1.6	495.7
Free Cash Flow Per Share	1.25	0.72	0.45	-0.01	2.19
Gross Margin	18.27%	18.27%	17.40%	19.32%	20.67%
Operating Margin	4.46%	4.11%	2.99%	5.38%	5.77%
Profit Margin	0.86%	1.39%	-0.37%	1.94%	2.66%
Free Cash Flow Margin	2.85%	1.77%	1.07%	-0.02%	5.28%
EBITDA	562.8	510.7	429.6	690.9	713.6
EBITDA Margin	5.47%	5.41%	4.52%	6.84%	7.60%
D&A For EBITDA	104.2	122.2	145.6	146.9	172.1
EBIT	458.6	388.5	284	544	541.5
EBIT Margin	4.46%	4.11%	2.99%	5.38%	5.77%
Effective Tax Rate	22.77%	25.31%	-	41.89%	26.45%
Advertising Expenses	-	38.5	39.9	41.8	45.8

Updated Feb 19, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q