Cushman & Wakefield Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	10,539	10,288	9,447	9,494	10,106	9,389
Revenue Growth (YoY)	10.40%	8.91%	-0.50%	-6.06%	7.64%	19.70%
Cost of Revenue	8,623	8,408	7,720	7,842	8,154	7,448
Gross Profit	1,916	1,880	1,726	1,652	1,952	1,940
Selling, General & Admin	1,348	1,317	1,224	1,263	1,261	1,227
Depreciation & Amortization Expenses	102.8	104.2	122.2	145.6	146.9	172.1
Other Operating Expenses	-0.4	6.1	41.1	38.1	8.9	44.5
Operating Income	465.9	452.5	338.9	205.6	535.1	497
Interest Income	-183.5	-168.3	37.4	58.1	85	21.2
Other Non-Operating Income (Expense)	-182.8	-170	-200.5	-293.7	-282.1	-178.3
Total Non-Operating Income (Expense)	-366.3	-338.3	-163.1	-235.6	-197.1	-157.1
Pretax Income	99.6	114.2	175.8	-30	338	339.9
Provision for Income Taxes	25.9	26	44.5	5.4	141.6	89.9
Net Income	73.7	88.2	131.3	-35.4	196.4	250
Net Income to Common	73.7	88.2	131.3	-35.4	196.4	250
Net Income Growth	-53.00%	-32.83%	-	-	-21.44%	-
Shares Outstanding (Basic)	232	231	229	227	225	223
Shares Outstanding (Diluted)	233	235	233	227	228	227
Shares Change (YoY)	0.10%	0.82%	2.60%	-0.48%	0.66%	2.58%
EPS (Basic)	0.32	0.38	0.57	-0.16	0.87	1.12
EPS (Diluted)	0.32	0.38	0.56	-0.16	0.86	1.10
EPS Growth	-53.62%	-32.14%	-	-	-21.82%	-
Free Cash Flow	203.9	293	167	101.2	-1.6	495.7
Free Cash Flow Growth	-30.41%	75.45%	65.02%	-	-	-
Free Cash Flow Per Share	0.87	1.25	0.72	0.45	-0.01	2.19
Gross Margin	18.18%	18.27%	18.27%	17.40%	19.32%	20.67%
Operating Margin	4.42%	4.40%	3.59%	2.17%	5.30%	5.29%
Profit Margin	0.70%	0.86%	1.39%	-0.37%	1.94%	2.66%
FCF Margin	1.93%	2.85%	1.77%	1.07%	-0.02%	5.28%
EBITDA	655.7	643.2	547.6	449	784.2	773.3
EBITDA Margin	6.22%	6.25%	5.80%	4.73%	7.76%	8.24%
EBIT	465.9	452.5	338.9	205.6	535.1	497
EBIT Margin	4.42%	4.40%	3.59%	2.17%	5.30%	5.29%
Effective Tax Rate	26.00%	22.77%	25.31%	-18.00%	41.89%	26.45%

SEC Filings: 10-K · 10-Q