Cushman & Wakefield Limited (CWK)
NYSE: CWK · Real-Time Price · USD
14.40
+0.03 (0.21%)
Aug 14, 2026, 4:00 PM EDT - Market closed
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 | Jun '26 Jun 30, 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 |
| 10,818 | 10,288 | 9,447 | 9,494 | 10,106 | 9,389 | |
Revenue Growth | 11.04% | 8.91% | -0.50% | -6.06% | 7.64% | 19.70% |
Cost of Revenue | 8,857 | 8,408 | 7,720 | 7,842 | 8,154 | 7,448 |
Gross Profit | 1,961 | 1,880 | 1,726 | 1,652 | 1,952 | 1,940 |
Selling, General & Admin | 1,380 | 1,317 | 1,217 | 1,232 | 1,261 | 1,227 |
Operating Expenses | 1,485 | 1,421 | 1,339 | 1,377 | 1,408 | 1,399 |
Operating Income | 476.3 | 458.6 | 387.4 | 274.8 | 544 | 541.5 |
Interest Expense | -213.9 | -212.7 | -229.9 | -281.1 | -193.1 | -179.5 |
Earnings From Equity Investments | -181.4 | -168.3 | 37.4 | 58.1 | 85 | 21.2 |
Other Non Operating Income (Expenses) | 19.6 | 20.5 | 11 | 15.2 | -89 | 1.2 |
EBT Excluding Unusual Items | 100.6 | 98.1 | 205.9 | 67 | 346.9 | 384.4 |
Merger & Restructuring Charges | - | - | -28.9 | -55.6 | -7.3 | -26.2 |
Gain (Loss) on Sale of Investments | 28.8 | 26.1 | -0.8 | -27.8 | - | - |
Gain (Loss) on Sale of Assets | - | - | -15.8 | - | - | - |
Asset Writedown | -6.5 | -6.5 | -3.8 | -13.6 | -1.6 | -18.3 |
Other Unusual Items | -22.2 | -3.5 | - | - | - | - |
Pretax Income | 100.7 | 114.2 | 175.8 | -30 | 338 | 339.9 |
Income Tax Expense | 31.6 | 26 | 44.5 | 5.4 | 141.6 | 89.9 |
Earnings From Continuing Operations | 69.1 | 88.2 | 131.3 | -35.4 | 196.4 | 250 |
Net Income | 69.1 | 88.2 | 131.3 | -35.4 | 196.4 | 250 |
Net Income to Common | 69.1 | 88.2 | 131.3 | -35.4 | 196.4 | 250 |
Net Income Growth | -66.42% | -32.83% | - | - | -21.44% | - |
Shares Outstanding (Basic) | 233 | 231 | 229 | 227 | 225 | 223 |
Shares Outstanding (Diluted) | 236 | 235 | 233 | 227 | 228 | 227 |
Shares Change | 0.72% | 0.82% | 2.60% | -0.48% | 0.66% | 2.58% |
EPS (Basic) | 0.30 | 0.38 | 0.57 | -0.16 | 0.87 | 1.12 |
EPS (Diluted) | 0.30 | 0.38 | 0.56 | -0.16 | 0.86 | 1.10 |
EPS Growth | -65.88% | -32.14% | - | - | -21.82% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 249.1 | 293 | 167 | 101.2 | -1.6 | 495.7 |
Free Cash Flow Per Share | 1.05 | 1.25 | 0.72 | 0.45 | -0.01 | 2.19 |
Gross Margin | 18.13% | 18.27% | 18.27% | 17.40% | 19.32% | 20.67% |
Operating Margin | 4.40% | 4.46% | 4.10% | 2.90% | 5.38% | 5.77% |
Profit Margin | 0.64% | 0.86% | 1.39% | -0.37% | 1.94% | 2.66% |
Free Cash Flow Margin | 2.30% | 2.85% | 1.77% | 1.07% | -0.02% | 5.28% |
EBITDA | 581.4 | 562.8 | 509.6 | 420.4 | 690.9 | 713.6 |
EBITDA Margin | 5.37% | 5.47% | 5.39% | 4.43% | 6.84% | 7.60% |
D&A For EBITDA | 105.1 | 104.2 | 122.2 | 145.6 | 146.9 | 172.1 |
EBIT | 476.3 | 458.6 | 387.4 | 274.8 | 544 | 541.5 |
EBIT Margin | 4.40% | 4.46% | 4.10% | 2.90% | 5.38% | 5.77% |
Effective Tax Rate | 31.38% | 22.77% | 25.31% | - | 41.89% | 26.45% |
Advertising Expenses | - | 38.7 | 38.5 | 39.9 | 41.8 | 45.8 |