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Cushman & Wakefield CWK Q1 2025 earnings

Reported April 29, 2025 · Before market open

Revenue estimate$2.4B
EPS estimate$0.02

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$2.2B
EPS estimate$0.35

Financials

Q1 2025

Income statement

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Revenue$2.3B+4.6%
Gross profit$384.3M+9.1%
Operating income$45.3M+141%
Net income$1.9M+107%
EPS (diluted)$0.01+108%

Balance sheet

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Cash & equivalents$640.2M+9.3%
Total debt$3.3B-6.3%
Total equity$1.8B+9.3%
Total assets$7.4B-1.1%

Cash flow

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Operating cash flow-$162.0M-29.5%
CapEx$4.6M-56.2%
Free cash flow-$166.6M-22.9%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$2.35B-1.3%
Enterprise value$5.01B-5.8%
P/E14.5×
P/S0.2×0.0×

Profitability

See full
Gross margin18.4%+0.8pp
Operating margin3.8%+1.3pp
Net margin1.7%
FCF margin1.4%-0.7pp

Returns & leverage

See full
Return on equity9.5%
Debt / equity1.9×-0.3×
Current ratio1.2×+0.1×

Segments

By product

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Services$1.6B+3.4%
Leasing$418.4M+7.9%
Capital markets$157.9M+11.1%
Valuation and other$104.7M+0.4%

By segment

See full
Americas$1.7B+4.2%
APAC$391.3M+14.6%
EMEA$205.0M-7.8%

By geography

See full
United States$1.8B+5.9%
Australia$125.5M+7.6%
Singapore$105.2M+10.5%

Versus estimates

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Questions, answered.

When did Cushman & Wakefield report Q1 2025 earnings?
Cushman & Wakefield (CWK) reported Q1 2025 earnings on April 29, 2025 before market open.
What were Cushman & Wakefield 's Q1 2025 revenue and EPS?
Cushman & Wakefield reported revenue of $2.3B and diluted EPS of $0.09 for Q1 2025.
Did Cushman & Wakefield beat estimates in Q1 2025?
Revenue missed the consensus estimate of $2.4B by $70.6M. EPS beat the consensus estimate of $0.02 by $0.07.
How did Cushman & Wakefield 's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.6% from $2.2B a year earlier.
Where can I find Cushman & Wakefield 's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0001628369-25-000021) directly on SEC EDGAR. The filing index links above go to sec.gov.