# Cushman & Wakefield Ltd. (CWK)

**Exchange:** NYSE  
**Sector:** Real Estate  
**Market cap:** $3.10B  
**Price:** $13.21 (-0.08%)

> Cushman & Wakefield Ltd. is a leading global real estate services firm specializing in commercial property advisory, management, leasing, valuation, and capital markets services. The company operates across various sectors including office, retail, logistics, industrial, and hospitality markets, facilitating large-scale property transactions and investment advisory. Known for insightful market research, Cushman & Wakefield provides comprehensive data-driven analysis, such as their Investment Atlas, which identifies key trends and opportunities in European property markets. The firm plays a critical role in shaping investment strategies, particularly in major markets like Frankfurt, where it has reported significant transaction volumes and market activity. By serving institutional, corporate, and individual clients, Cushman & Wakefield supports capital flow and asset management in the global real estate investment landscape.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $10.29B | — | $453M | $88M | — |
| 2024 | $9.45B | — | $339M | $131M | — |
| 2023 | $9.49B | — | $206M | -$35M | — |
| 2022 | $10.11B | — | $535M | $196M | — |
| 2021 | $9.39B | — | $497M | $250M | — |
| 2020 | $7.84B | — | -$53M | -$221M | — |
| 2019 | $8.75B | — | $187M | $200,000 | — |
| 2018 | $8.22B | — | $13M | -$186M | — |
| 2017 | $6.92B | — | -$171M | -$221M | — |
| 2016 | $6.22B | — | -$295M | -$434M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $7.68B | $5.72B | $1.96B | $784M | $2.62B |
| 2024 | $7.55B | $5.79B | $1.75B | $793M | $2.94B |
| 2023 | $7.77B | $6.10B | $1.68B | $768M | $3.10B |
| 2022 | $7.95B | $6.29B | $1.66B | $645M | $3.21B |
| 2021 | $7.89B | $6.44B | $1.45B | $771M | $3.22B |
| 2020 | $7.34B | $6.24B | $1.09B | $1.07B | $3.24B |
| 2019 | $7.16B | $5.86B | $1.30B | $813M | $2.62B |
| 2018 | $6.55B | $5.19B | $1.36B | $895M | $2.68B |
| 2017 | $5.79B | $5.29B | $499M | $406M | $2.78B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $340M | $47M | $293M |
| 2024 | $208M | $41M | $167M |
| 2023 | $152M | $51M | $101M |
| 2022 | $49M | $51M | -$2M |
| 2021 | $550M | $54M | $496M |
| 2020 | -$38M | $41M | -$79M |
| 2019 | $269M | $80M | $189M |
| 2018 | -$2M | $84M | -$86M |
| 2017 | $4M | $129M | -$125M |
| 2016 | -$335M | $77M | -$412M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CWK)