Cushman & Wakefield plc (CWK) — Financial statements
Income statement, balance sheet, and cash flow for Cushman & Wakefield plc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 10,288↑8.9% | 9,447↓0.5% | 9,494↓6.1% | 10,106↑7.6% | 9,389 | |
| Cost of Revenue | 8,617↑11.6% | 7,720↓1.5% | 7,842↓3.8% | 8,154↑9.5% | 7,448 | |
| Gross Profit | 1,672↓3.2% | 1,726↑4.5% | 1,652↓15.4% | 1,952↑0.6% | 1,940 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,317↑11.9% | 1,177↓6.8% | 1,263↑0.1% | 1,261↑2.8% | 1,227 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 39 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,317↑8.4% | 1,216↓3.7% | 1,263↑0.1% | 1,261↑2.8% | 1,227 | |
| Other Expenses | -104↓160.7% | 172↓6.5% | 184↑17.9% | 156↓28.1% | 217 | |
| Operating Expenses | 1,213↓12.6% | 1,387↓4.1% | 1,447↑2.1% | 1,417↓1.8% | 1,443 | |
| Total Costs & Expenses | 9,830↑7.9% | 9,108↓1.9% | 9,288↓3.0% | 9,571↑7.6% | 8,892 | |
| Operating Results | ||||||
| Operating Income | 459↑35.3% | 339↑64.8% | 206↓61.6% | 535↑7.7% | 497 | |
| Depreciation & Amortization | 104↓14.7% | 122↓49.8% | 243↓2.3% | 249↓9.8% | 276 | |
| EBITDA | 435↓14.9% | 511↑3.3% | 495↓36.6% | 780↓1.9% | 796 | |
| EBIT | 330↓15.0% | 389↑54.7% | 251↓52.7% | 531↑2.3% | 519 | |
| Interest & Other Income | ||||||
| Net Interest Income | 641↑379.0% | -230↑18.2% | -281↓45.6% | -193↓7.6% | -180 | |
| Interest Income | 858 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 216↓6.0% | 230↓18.2% | 281↑45.6% | 193↑7.6% | 180 | |
| Non-Operating Income | 128↑358.5% | -50↓9.0% | -46↓1237.5% | 4↑117.9% | -22 | |
| Other Income / Expenses | -344↓111.2% | -163↑30.8% | -236↓19.5% | -197↓25.5% | -157 | |
| Income Before Tax | 114↓35.0% | 176↑686.0% | -30↓108.9% | 338↓0.6% | 340 | |
| Income Tax Expense | 26↓41.6% | 45↑724.1% | 5↓96.2% | 142↑57.5% | 90 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 88↓32.8% | 131↑470.9% | -35↓118.0% | 196↓21.4% | 250 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 88↓32.8% | 131↑470.9% | -35↓118.0% | 196↓21.4% | 250 | |
| Bottom-Line Net Income | 88↓32.8% | 131↑470.9% | -35↓118.0% | 196↓21.4% | 250 | |
| EPS (Basic) | 0.38↓33.3% | 0.57↑456.3% | -0.16↓118.4% | 0.87↓22.3% | 1.12 | |
| EPS (Diluted) | 0.38↓32.1% | 0.56↑450.0% | -0.16↓118.6% | 0.86↓21.8% | 1.10 | |
| Weighted Average Shares | 231↑1.0% | 229↑0.9% | 227↑0.7% | 225↑1.1% | 223 | |
| Weighted Average Diluted Shares | 235↑0.8% | 233↑2.6% | 227↓0.5% | 228↑0.7% | 227 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.