Global commercial real estate services firm offering brokerage, property management, valuation and facilities management.
Global commercial real estate services firm offering brokerage, property management, valuation and facilities management.
A big share of its profit comes from deal commissions that swing with transaction volume; steadier fees come from managing properties and operating buildings for occupiers. It was formed when DTZ combined with Cushman and Wakefield in 2015.
Moat: narrow (brand, scale, installed base). A global brokerage network and long-term facilities-management contracts are hard for smaller firms to match.
Headquarters: Chicago, Illinois, US · Founded: 1917 · Employees: 53,000
Size Cushman & Wakefield (CWK) is a United States Real Estate company (Real Estate Development) with a market value of $3.28B, the 1487th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.96 on 6 Nov 2026.
Performance Over six months the shares fell 1.6%, against -8.8% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 10.2% over the last twelve months (peer median +3.5%); the operating margin is 4.0% (peer median 26.1%).
Valuation It trades at 8.8× forward earnings against a peer median of 19.5× (3rd cheapest of 16).
Short interest Short interest is 6.8% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $11.0B | $10.3B | $9.45B | $9.49B | $10.1B |
| Revenue growth | — | +9% | 0% | -6% | — |
| Gross profit | $1.85B | $1.82B | $1.60B | $1.50B | $1.81B |
| EBITDA | $583M | $536M | $502M | $453M | $608M |
| Net income | $69.8M | $88.2M | $131M | -$11.7M | $196M |
| Free cash flow | $43.2M | $136M | $167M | $298M | -$1.60M |
| Capital expenditure | $81.5M | $47.4M | $41.0M | $49.2M | $50.7M |
| Total debt | $2.98B | $3.09B | $3.31B | $3.60B | $3.60B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Cushman & Wakefield CWK | $3.28B | -2% | +10% | 4% | 8.8× | n/a |
| CBRE CBRE | $39.1B | -7% | +14% | 3% | 16.3× | n/a |
| Jones Lang LaSalle JLL | $16.9B | +12% | +11% | 5% | 13.4× | n/a |
| Colliers International CIGI.TO | $4.88B | -5% | +14% | 7% | 11.8× | n/a |
| Newmark NMRK | $2.16B | -29% | +16% | 7% | 6.1× | n/a |
| Savills SVS.L | $2.56B | +37% | +7% | 5% | 13.4× | n/a |
| Marcus & Millichap MMI | $1.05B | -9% | +12% | 1% | 56.1× | n/a |
| Walker & Dunlop WD | $1.34B | -28% | +9% | 15% | 8.7× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CWK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +18.0% | +3.8% | 2nd highest of 21 |
| 6-month return | -1.6% | -8.8% | 8th highest of 21 |
| Distance from 52-week high | -19.8% | -22.7% | 8th highest of 21 |
| Revenue growth (TTM) | +10.2% | +3.5% | 9th highest of 21 |
| Operating margin | 4.0% | 26.1% | 6th lowest of 21 |
| Forward P/E | 8.8× | 19.5× | 3rd cheapest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cushman & Wakefield CWK | United States | $3.28B | -2% | +10% | 4% | 8.8× | n/a | n/a |
| Quzhou Xin'an Development 600208.SS | China | $3.25B | -43% | -4% | -17% | 52.0× | n/a | n/a |
| China World Trade Center 600007.SS | China | $3.31B | +4% | -4% | 42% | 18.6× | n/a | n/a |
| Hilton Grand Vacations HGV | United States | $3.33B | -10% | +19% | 17% | 9.4× | n/a | n/a |
| Mobimo MOBN.SW | Switzerland | $3.17B | -1% | +15% | 42% | 26.9× | n/a | n/a |
| UNITE UTG.L | United Kingdom | $3.41B | +5% | +12% | 46% | 11.9× | n/a | n/a |
| Pandox PNDX-B.ST | Sweden | $3.43B | -1% | +15% | 58% | 14.6× | n/a | n/a |
| Kerry Properties 0683.HK | Hong Kong | $3.47B | -26% | -22% | 24% | 14.2× | n/a | n/a |
| Singapore Land U06.SI | Singapore | $3.08B | -25% | +4% | 36% | n/a | n/a | n/a |
| Xiangcai 600095.SS | China | $3.07B | -19% | -3% | 12% | 26.5× | n/a | n/a |
| Corporacion Inmobiliaria Vesta S.A.B. de C.V. Sponsored ADR VTMX | United States | $3.62B | +6% | +18% | 76% | 19.5× | n/a | n/a |
| Onewo 2602.HK | Hong Kong | $2.84B | +6% | +8% | 3% | 20.6× | n/a | n/a |
| Frasers Property TQ5.SI | Singapore | $2.80B | -20% | -21% | 29% | 26.8× | n/a | n/a |
| Allreal ALLN.SW | Switzerland | $3.89B | -8% | +3% | 41% | 24.0× | n/a | n/a |
| Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZ | China | $2.73B | -6% | -24% | 14% | n/a | n/a | n/a |
| St. Joe JOE | United States | $3.96B | +6% | +11% | 32% | n/a | n/a | n/a |
| Vantone Neo Development 600246.SS | China | $2.69B | -14% | +22% | -152% | n/a | n/a | n/a |
| Millrose Properties MRP | United States | $4.00B | -4% | +93% | 85% | 7.9× | n/a | n/a |
| Greenland 600606.SS | China | $2.66B | -20% | -30% | -12% | 63.0× | n/a | n/a |
| Longfor 0960.HK | Hong Kong | $4.05B | -47% | -42% | 1% | n/a | n/a | n/a |
| C&D International Investment 1908.HK | Hong Kong | $4.11B | -15% | -15% | 7% | 8.2× | n/a | n/a |