Cushman & Wakefield plc (CWK)

Cushman & Wakefield Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	205.8	131.3	-35.4	196.4	250	-220.5
Depreciation & Amortization	195.9	208.7	243.4	249.1	276.3	381.8
Other Amortization	7.8	7.5	7.5	9.6	9.4	10
Loss (Gain) From Sale of Assets	3.3	15.8	1.3	13.2	-	-
Asset Writedown & Restructuring Costs	9.1	3.8	13.6	1.6	18.3	3.1
Loss (Gain) From Sale of Investments	-0.5	0.8	27.8	84.2	10.4	-
Loss (Gain) on Equity Investments	-19.2	-18.7	-33.7	-45.4	-19.9	-5.3
Stock-Based Compensation	53.8	35.6	54.1	40.3	58.2	42
Provision & Write-off of Bad Debts	15.7	20.8	10.6	31.7	38	47.7
Other Operating Activities	-59.8	-59	-12.5	7.2	-55.4	-46.7
Change in Accounts Receivable	-187.2	-57.9	135.3	-401.6	-317.7	245.3
Change in Accounts Payable	96.7	16.8	-49.4	125.1	131.1	-156.2
Change in Income Taxes	19.6	2.1	-34.1	-96.1	91.5	-34.3
Change in Other Net Operating Assets	-182.1	-99.6	-176.3	-166.2	59.3	-305.1
Operating Cash Flow	158.9	208	152.2	49.1	549.5	-38.2
Operating Cash Flow Growth	-44.67%	36.66%	209.98%	-91.06%	-	-
Capital Expenditures	-32.6	-41	-51	-50.7	-53.8	-41
Cash Acquisitions	-4.9	-	-	-32.8	-7	-108.7
Divestitures	122.6	122.6	-	-	-	-
Investment in Securities	-8.8	-1.7	-6.9	-26.4	-688.9	-14.6
Other Investing Activities	9.1	1.3	6.8	-10.8	0.2	-8.5
Investing Cash Flow	55.4	81.2	48.9	-120.7	-749.5	-257.8
Long-Term Debt Issued	-	-	2,400	-	-	650
Long-Term Debt Repaid	-	-228.6	-2,434	-44	-40.1	-34
Net Debt Issued (Repaid)	-176.4	-228.6	-34.2	-44	-40.1	616
Repurchase of Common Stock	-11.1	-10.4	-8.1	-27.2	-8.6	-18.9
Other Financing Activities	-3	-14.4	-78.5	-8.1	-17.1	-25.2
Financing Cash Flow	-190.5	-253.4	-120.8	-79.3	-65.8	571.9
Foreign Exchange Rate Adjustments	17.3	-22.4	1.9	-20.4	-8	15.9
Net Cash Flow	41.1	13.4	82.2	-171.3	-273.8	291.8
Free Cash Flow	126.3	167	101.2	-1.6	495.7	-79.2
Free Cash Flow Growth	-46.14%	65.02%	-	-	-	-
Free Cash Flow Margin	1.30%	1.77%	1.07%	-0.02%	5.28%	-1.01%
Free Cash Flow Per Share	0.54	0.72	0.45	-0.01	2.19	-0.36
Cash Interest Paid	239.9	263.9	233.3	181.4	166.4	158.5
Cash Income Tax Paid	71.1	69.1	88.5	215.4	46.5	51.2
Levered Free Cash Flow	537.49	445.48	277.44	353.01	646.95	271.23
Unlevered Free Cash Flow	661.88	578.91	414	464.1	749.74	363.6
Change in Working Capital	-253	-138.6	-124.5	-538.8	-35.8	-250.3

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q