Cushman & Wakefield Ltd. (CWK) stock
CWKNYSEReal EstateFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 5/3039% above fair value
$13.30−0.19 (-1.41%)
Close on Nov 13, 2026Market cap $3.12BP/E 44.3Yield –
Cushman & Wakefield gross margin
Gross margin is gross profit as a percentage of revenue.
Cushman & Wakefield's gross margin for the twelve months ending Sep 30, 2026 was 18.1%. For fiscal 2025 it was 18.3%, against 18.3% the year before. The highest annual figure on record is 20.7% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 18.3% | −0.0 |
| FY2024 | Dec 31, 2024 | 18.3% | +0.9 |
| FY2023 | Dec 31, 2023 | 17.4% | −1.9 |
| FY2022 | Dec 31, 2022 | 19.3% | −1.3 |
| FY2021 | Dec 31, 2021 | 20.7% | +3.0 |
| FY2020 | Dec 31, 2020 | 17.7% | −2.5 |
| FY2019 | Dec 31, 2019 | 20.2% | +1.0 |
| FY2018 | Dec 31, 2018 | 19.2% | +0.6 |
| FY2017 | Dec 31, 2017 | 18.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 17.3% | −0.1 |
| Q2 FY2026 | Jun 30, 2026 | 18.5% | −0.3 |
| Q1 FY2026 | Mar 31, 2026 | 16.6% | −0.2 |
| Q4 FY2025 | Dec 31, 2025 | 19.7% | −0.4 |
| Q3 FY2025 | Sep 30, 2025 | 17.4% | −1.0 |
| Q2 FY2025 | Jun 30, 2025 | 18.8% | +0.8 |
| Q1 FY2025 | Mar 31, 2025 | 16.8% | +0.7 |
| Q4 FY2024 | Dec 31, 2024 | 20.1% | +1.3 |
| Q3 FY2024 | Sep 30, 2024 | 18.4% | +0.8 |
| Q2 FY2024 | Jun 30, 2024 | 18.1% | +0.3 |
| Q1 FY2024 | Mar 31, 2024 | 16.1% | +0.9 |
| Q4 FY2023 | Dec 31, 2023 | 18.8% | +0.5 |
| Q3 FY2023 | Sep 30, 2023 | 17.7% | −0.7 |
| Q2 FY2023 | Jun 30, 2023 | 17.8% | −2.7 |
| Q1 FY2023 | Mar 31, 2023 | 15.2% | −5.0 |
| Q4 FY2022 | Dec 31, 2022 | 18.3% | −4.5 |
| Q3 FY2022 | Sep 30, 2022 | 18.4% | −2.3 |
| Q2 FY2022 | Jun 30, 2022 | 20.5% | −0.2 |
| Q1 FY2022 | Mar 31, 2022 | 20.2% | +2.8 |
| Q4 FY2021 | Dec 31, 2021 | 22.8% | +2.1 |
| Q3 FY2021 | Sep 30, 2021 | 20.7% | +3.5 |
| Q2 FY2021 | Jun 30, 2021 | 20.7% | +4.1 |
| Q1 FY2021 | Mar 31, 2021 | 17.4% | +1.7 |
| Q4 FY2020 | Dec 31, 2020 | 20.7% | −1.2 |
| Q3 FY2020 | Sep 30, 2020 | 17.2% | −2.9 |
| Q2 FY2020 | Jun 30, 2020 | 16.6% | −3.9 |
| Q1 FY2020 | Mar 31, 2020 | 15.6% | −2.1 |
| Q4 FY2019 | Dec 31, 2019 | 21.9% | – |
| Q3 FY2019 | Sep 30, 2019 | 20.1% | – |
| Q2 FY2019 | Jun 30, 2019 | 20.5% | – |
| Q1 FY2019 | Mar 31, 2019 | 17.8% | – |
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