CWK
Cushman & Wakefield plc
NYSE: CWK · REAL ESTATE · REAL ESTATE SERVICES
$13.95
-3.79% today
Updated 2026-04-29
Market cap
$3.27B
P/E ratio
36.71
P/S ratio
0.32x
EPS (TTM)
$0.38
Dividend yield
—
52W range
$9 – $17
Volume
1.8M
Cushman & Wakefield plc (CWK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.19B | $6.22B | $6.92B | $8.22B | $8.75B | $7.84B | $9.39B | $10.11B | $9.49B | $9.45B | $10.29B |
| Revenue growth (YoY) | — | +48.2% | +11.4% | +18.7% | +6.5% | -10.4% | +19.7% | +7.6% | -6.1% | -0.5% | +8.9% |
| Cost of revenue | $3.39B | $5.07B | $5.64B | $6.64B | $6.98B | $6.46B | $7.45B | $8.15B | $7.84B | $7.72B | $8.62B |
| Gross profit | $806.90M | $1.15B | $1.28B | $1.58B | $1.77B | $1.39B | $1.94B | $1.95B | $1.65B | $1.73B | $1.67B |
| Gross margin | 19.2% | 18.5% | 18.5% | 19.2% | 20.2% | 17.7% | 20.7% | 19.3% | 17.4% | 18.3% | 16.2% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $773.20M | $1.10B | $1.10B | $1.22B | $1.28B | $1.12B | $1.23B | $1.26B | $1.26B | $1.18B | $1.32B |
| Operating income | $-410.40M | $-295.40M | $-170.20M | $12.60M | $187.30M | $-53.10M | $497.00M | $535.10M | $205.60M | $338.90M | $458.60M |
| Operating margin | -9.8% | -4.8% | -2.5% | 0.2% | 2.1% | -0.7% | 5.3% | 5.3% | 2.2% | 3.6% | 4.5% |
| EBITDA | $-3.40M | $-2.70M | $128.00M | $304.10M | $609.60M | $385.80M | $795.70M | $780.20M | $494.50M | $510.70M | $434.60M |
| EBITDA margin | -0.1% | -0.0% | 1.8% | 3.7% | 7.0% | 4.9% | 8.5% | 7.7% | 5.2% | 5.4% | 4.2% |
| EBIT | $-159.30M | $-6.50B | $-6.95B | $-7.90B | $195.00M | $4.00M | $519.40M | $531.10M | $251.10M | $388.50M | $330.40M |
| Interest expense | $123.10M | $171.80M | $183.10M | $228.80M | $150.60M | $163.80M | $179.50M | $193.10M | $281.10M | $229.90M | $216.20M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-473.70M | $-434.20M | $-220.50M | $-185.80M | $200000.00 | $-220.50M | $250.00M | $196.40M | $-35.40M | $131.30M | $88.20M |
| Net income growth (YoY) | — | +8.3% | +49.2% | +15.7% | +100.1% | -110350.0% | +213.4% | -21.4% | -118.0% | +470.9% | -32.8% |
| Profit margin | -11.3% | -7.0% | -3.2% | -2.3% | 0.0% | -2.8% | 2.7% | 1.9% | -0.4% | 1.4% | 0.9% |