Cushman & Wakefield PLC
CWK Real Estate Real Estate Services
Cushman & Wakefield PLC’s revenue for fiscal 2025 (year ended December 2025) was $10.3 billion, up 8.91% from fiscal 2024.
- Revenue
- +7.75%
- EPS
- +0.91%
- Free cash flow
- −21.7%
- Total debt
- −8.42%
Quarter to September 2026, against a year earlier
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Cushman & Wakefield PLC (CWK) Gross margin
Cushman & Wakefield PLC's gross margin over the twelve months to 30 September 2026 was 18.1%, down 0.2 percentage points from fiscal 2025 (18.3%). Over the past ten years it has ranged from 17.4% (fiscal 2023) to 20.7% (fiscal 2021); the current reading is higher than 36% of that period. That is below the Real Estate Services industry median of 25.7% and below the Real Estate sector median of 62.8%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 18.3% | 0.00 |
| FY2024 | 18.3% | 0.87 |
| FY2023 | 17.4% | (1.92) |
| FY2022 | 19.3% | (1.35) |
| FY2021 | 20.7% | 2.97 |
| FY2020 | 17.7% | (2.52) |
| FY2019 | 20.2% | 1.03 |
| FY2018 | 19.2% | 0.64 |
| FY2017 | 18.6% | 0.08 |
| FY2016 | 18.5% | (0.77) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 17.3% | (1.21) |
| Jun 2026 | 18.5% | 1.94 |
| Mar 2026 | 16.6% | (3.13) |
| Dec 2025 | 19.7% | 2.30 |
| 33 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| NMRK Newmark Group, Inc. compare | 100.0% |
| COMP Compass, Inc. compare | 100.0% |
| IHS IHS Holding Limited compare | 53.5% |
| CIGI Colliers International Group Inc. compare | 40.0% |
| MMI Marcus & Millichap, Inc. compare | 37.7% |
| FSV FirstService Corporation compare | 33.1% |
| CWK Cushman & Wakefield PLC | 18.1% |
| OPEN Opendoor Technologies Inc. compare | 7.53% |
| HBNB Hotel101 Global Holdings Corp. compare | — |
| Real Estate Services industry median | 25.7% |
| Real Estate sector median | 62.8% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on CWK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement