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CUSHMAN & WAKEFIELD PLC

CIK: 1628369 SIC: 6500
$10.00B
Revenue
$223.50M
Net Income
18.33%
Gross Margin
4.50%
Op. Margin
$-168.30M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 7 annual reports available (2018 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $10.00B $9.45B $9.49B $10.11B $9.39B $7.84B
Revenue Growth % 5.9% -0.5% -6.1% 7.6% 19.7% nan%
Cost of Revenue $8.17B $7.72B $7.84B $8.15B $7.45B $6.46B
+ Gross Profit $1.83B $1.73B $1.65B $1.95B $1.94B $1.39B
Gross Margin % 18.3% 18.3% 17.4% 19.3% 20.7% 17.7%
Operating Expenses $9.55B $9.11B $9.29B $9.57B $8.89B $7.90B
Selling General & Admin $1.26B $1.22B $1.26B $1.26B $1.23B $1.12B
+ Operating Income $450.10M $338.90M $205.60M $535.10M $497.00M $-53.10M
Operating Margin % 4.5% 3.6% 2.2% 5.3% 5.3% -0.7%
Interest Expense $217.00M $229.90M $281.10M $193.10M $179.50M $163.80M
Other Income/Expense $13.30M $29.40M $-12.60M $-89.00M $1.20M $32.00M
Income Before Tax $258.40M $175.80M $-30.00M $338.00M $339.90M $-176.60M
Income Tax Expense $34.90M $44.50M $5.40M $141.60M $89.90M $43.90M
+ Net Income $223.50M $131.30M $-35.40M $196.40M $250.00M $-220.50M
Net Margin % 2.2% 1.4% -0.4% 1.9% 2.7% -2.8%
Basic EPS 0.97 0.57 -0.16 0.87 1.12 -1.00
Diluted EPS 0.96 0.56 -0.16 0.86 1.10 -1.00
Basic Shares Outstanding 231.5M 228.9M 226.9M 225.4M 223.0M 220.8M
Diluted Shares Outstanding 235.9M 232.8M 226.9M 228.0M 226.5M 220.8M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents $793.30M $767.70M $644.50M $770.70M $1.07B
Other Current Assets $181.20M $189.40M $246.30M $264.70M $223.20M
Total Current Assets $2.69B $2.80B $2.77B $2.83B $2.89B
Property Plant & Equipment $136.00M $163.80M $172.60M $194.60M $235.90M
Goodwill $2.00B $2.08B $2.07B $2.08B $2.10B
Intangible Assets $690.10M $805.90M $874.50M $922.20M $991.20M
Other Non-current Assets $927.60M $805.80M $976.00M $741.10M $507.60M
Total Assets $7.55B $7.77B $7.95B $7.89B $7.34B
Short-term Debt $103.20M $149.70M $49.80M $42.40M $39.70M
Other Current Liabilities $196.00M $217.60M $192.00M $204.50M $205.80M
Total Current Liabilities $2.33B $2.40B $2.39B $2.43B $2.07B
Long-term Debt $2.94B $3.10B $3.21B $3.22B $3.24B
Deferred Tax Liabilities $12.60M $13.70M $57.20M $48.70M $102.20M
Other Non-current Liabilities $241.40M $268.60M $293.30M $343.50M $433.30M
Total Liabilities $5.79B $6.10B $6.29B $6.44B $6.24B
Common Stock $23.00M $22.70M $22.60M $22.40M $22.20M
Retained Earnings $-985.90M $-1.12B $-1.08B $-1.28B $-1.53B
Total Stockholders Equity $1.75B $1.68B $1.66B $1.45B $1.09B
Total Liabilities & Equity $7.55B $7.77B $7.95B $7.89B $7.34B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $223.50M $131.30M $-35.40M $196.40M $250.00M $-220.50M
Depreciation & Amortization $135.00M $122.20M $145.60M $146.90M $172.10M $263.60M
Stock-based Compensation $103.50M $35.60M $54.10M $40.30M $58.20M $42.00M
Operating Cash Flow $-116.10M $208.00M $152.20M $49.10M $549.50M $-38.20M
Capital Expenditure $52.20M $41.00M $51.00M $50.70M $53.80M $41.00M
Acquisitions $14.70M - - $32.80M $7.00M $108.70M
Investing Cash Flow $-10.40M $81.20M $48.90M $-120.70M $-749.50M $-257.80M
Debt Repayment $325.40M $200.40M $2.40B $26.70M $26.70M $20.00M
Stock Issued - - - - - -
Financing Cash Flow $-407.90M $-253.40M $-120.80M $-79.30M $-65.80M $571.90M
Net Change in Cash - - - $-150.90M $-265.80M $275.90M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $2.61B $2.34B $7.37B $6.82B
Cost of Revenue $2.15B $1.91B $6.07B $5.62B
Operating Expenses $2.50B $2.27B $7.10B $6.65B
Selling General & Admin $320.60M $314.20M $944.70M $904.40M
Operating Income $107.50M $75.20M $275.60M $164.40M
Interest Expense $56.00M $54.90M $161.50M $174.40M
Other Income/Expense $2.20M $20.60M $9.50M $25.60M
Income Before Tax $45.10M $53.00M $126.30M $43.70M
Income Tax Expense $-6.30M $19.30M $15.70M $25.30M
Net Income $51.40M $33.70M $110.60M $18.40M
Basic EPS 0.22 0.15 0.48 0.08
Diluted EPS 0.22 0.14 0.47 0.08
Basic Shares Outstanding $231.50M $229.30M $231.10M $228.70M
Diluted Shares Outstanding $235.90M $233.40M $233.80M $232.10M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $634.40M $793.30M
Other Current Assets $208.40M $181.20M
Total Current Assets $2.67B $2.69B
Property Plant & Equipment $121.50M $136.00M
Goodwill $2.06B $2.00B
Intangible Assets $664.30M $690.10M
Other Non-current Assets $1.01B $927.60M
Total Assets $7.69B $7.55B
Short-term Debt $129.20M $103.20M
Other Current Liabilities $208.70M $196.00M
Total Current Liabilities $2.51B $2.33B
Long-term Debt $2.72B $2.94B
Deferred Tax Liabilities $19.30M $12.60M
Other Non-current Liabilities $227.30M $241.40M
Total Liabilities $5.73B $5.79B
Common Stock $23.20M $23.00M
Retained Earnings $-875.30M $-985.90M
Total Stockholders Equity $1.96B $1.75B
Total Liabilities & Equity $7.69B $7.55B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $51.40M $33.70M $110.60M $18.40M
Depreciation & Amortization $25.80M $28.90M $78.70M $92.60M
Stock-based Compensation - - $44.10M $22.30M
Operating Cash Flow - - $83.10M $92.80M
Capital Expenditure - - $24.40M $31.70M
Acquisitions - - $4.90M -
Investing Cash Flow - - $-29.00M $114.30M
Debt Repayment - - $200.00M $150.00M
Financing Cash Flow - - $-233.10M $-197.50M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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