Cushman & Wakefield Limited (CWK)

Cushman & Wakefield Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	784.2	793.3	767.7	644.5	770.7
Cash & Short-Term Investments	784.2	793.3	767.7	644.5	770.7
Cash Growth	-1.15%	3.33%	19.12%	-16.38%	-28.29%
Accounts Receivable	1,817	1,654	1,779	1,821	1,765
Other Receivables	52.3	109.6	117	106.2	72.5
Receivables	1,869	1,763	1,896	1,927	1,837
Prepaid Expenses	189.7	111.1	105	118.2	101.7
Restricted Cash	-	21.3	33.5	74.5	119.6
Other Current Assets	-	1.3	1	2.8	0.9
Total Current Assets	2,843	2,690	2,803	2,767	2,830
Property, Plant & Equipment	410.1	426.1	502.8	530.6	608.1
Long-Term Investments	536.9	854.3	832	824	848.4
Goodwill	2,058	1,998	2,081	2,066	2,082
Other Intangible Assets	654.7	690.1	805.9	874.5	922.2
Long-Term Accounts Receivable	-	377.7	298.5	475.3	70.2
Long-Term Deferred Tax Assets	149	93.1	67.4	58.6	65.5
Other Long-Term Assets	1,025	419.2	383.3	354	463.8
Total Assets	7,677	7,549	7,774	7,949	7,890
Accounts Payable	1,225	1,034	1,101	1,130	1,043
Accrued Expenses	1,022	905	857.7	922.2	980.6
Short-Term Debt	124.9	6.9	6	5.6	4.9
Current Portion of Long-Term Debt	-	75.9	120	26.9	26.5
Current Portion of Leases	-	116.5	135	124.9	118.2
Current Income Taxes Payable	29	19.8	20.8	33.1	105.1
Current Unearned Revenue	-	68	57	68.7	62.8
Other Current Liabilities	191.4	103.4	100	78.7	93
Total Current Liabilities	2,592	2,330	2,397	2,390	2,435
Long-Term Debt	2,625	2,927	3,081	3,200	3,292
Long-Term Leases	246.6	286.3	341.8	356.9	406.8
Long-Term Deferred Tax Liabilities	13.8	12.6	13.7	57.2	48.7
Other Long-Term Liabilities	243.7	238.4	261.9	282.6	259.5
Total Liabilities	5,721	5,794	6,096	6,287	6,442
Common Stock	23.2	23	22.7	22.6	22.4
Additional Paid-In Capital	3,038	2,986	2,957	2,912	2,897
Retained Earnings	-897.7	-985.9	-1,117	-1,082	-1,278
Comprehensive Income & Other	-208.6	-268.6	-185.4	-191	-193
Total Common Equity	1,955	1,755	1,677	1,661	1,448
Minority Interest	0.5	0.5	0.6	0.8	0.8
Shareholders' Equity	1,956	1,755	1,678	1,662	1,449
Total Liabilities & Equity	7,677	7,549	7,774	7,949	7,890
Total Debt	2,996	3,412	3,684	3,714	3,849
Net Cash (Debt)	-2,212	-2,619	-2,917	-3,070	-3,078
Net Cash Per Share	-9.43	-11.25	-12.85	-13.46	-13.59
Filing Date Shares Outstanding	231.7	229.73	227.33	225.8	224.55
Total Common Shares Outstanding	231.7	229.7	227.28	225.78	223.71
Working Capital	251.3	360.5	406	376.4	395.8
Book Value Per Share	8.44	7.64	7.38	7.36	6.47
Tangible Book Value	-757.7	-933.5	-1,209	-1,279	-1,556
Tangible Book Value Per Share	-3.27	-4.06	-5.32	-5.66	-6.96
Machinery	-	124.9	121	118.7	107.5
Construction In Progress	-	10	12.7	11.9	13.1
Leasehold Improvements	-	264.1	256	243.7	225.1

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

SEC Filings: 10-K · 10-Q