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

14.28 0.65 −4.35%
Market cap
$3.3B
P/E
48.9×
Fwd P/E
12.4×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Cushman & Wakefield PLC (CWK) Operating margin

Alert me on Operating margin

Cushman & Wakefield PLC's operating margin over the twelve months to 30 September 2026 was 4.53%, up 0.1 percentage points from fiscal 2025 (4.40%). Over the past ten years it has ranged from −9.79% (fiscal 2015) to 5.30% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Real Estate Services industry median of 0.00% and below the Real Estate sector median of 17.8%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 4.40% 0.81
FY2024 3.59% 1.42
FY2023 2.17% (3.13)
FY2022 5.30% 0.01
FY2021 5.29% 5.97
FY2020 −0.68% (2.82)
FY2019 2.14% 1.99
FY2018 0.15% 2.62
FY2017 −2.47% 2.28
FY2016 −4.75% 5.04

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 4.63% (0.23)
Jun 2026 4.86% 2.55
Mar 2026 2.31% (3.76)
Dec 2025 6.07% 1.94
33 more quarters

Against its own ten years

Low −9.79% High 5.30%
Ten-year median 2.14%
Current reading's percentile 85

Operating margin against peers

Company Operating margin
IHS IHS Holding Limited compare 42.6%
NMRK Newmark Group, Inc. compare 7.66%
CIGI Colliers International Group Inc. compare 6.27%
FSV FirstService Corporation compare 5.98%
CWK Cushman & Wakefield PLC 4.53%
MMI Marcus & Millichap, Inc. compare 1.17%
COMP Compass, Inc. compare −2.61%
OPEN Opendoor Technologies Inc. compare −19.0%
HBNB Hotel101 Global Holdings Corp. compare —
Real Estate Services industry median 0.00%
Real Estate sector median 17.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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