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Cushman & Wakefield CWK Americas — Indirect and overhead employment costs

Other segment segments

APAC
$35.8M+12.9%
EMEA
$33.2M+10.7%

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Other financials

Income statement

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Revenue$2.8B+11.2%
Gross profit$512.0M+9.6%
Operating income$134.2M+9.3%
Net income$52.7M-8.0%
EPS (diluted)$0.22-12.0%

Balance sheet

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Cash & equivalents$518.7M-19.7%
Total debt$3.1B-5.9%
Total equity$2.0B+6.2%
Total assets$7.6B0.0%

Cash flow

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Operating cash flow-$243.5M-50.3%
CapEx$8.5M-8.6%
Free cash flow-$255.7M-53.5%

Valuation

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Market cap$3.25B+3.9%
Enterprise value$5.8B+1.0%
P/E21.8×
P/S0.3×0.0×

Profitability

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Gross margin18.1%-0.5pp
Operating margin4.4%+0.1pp
Net margin2.2%
FCF margin1.9%+0.5pp

Returns & leverage

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Return on equity12.2%
Debt / equity1.5×-0.2×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Cushman & Wakefield in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldOverhead.

The source filing: Cushman & Wakefield’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628369-26-000118
Line itemAmericasEMEAAPACTotal
Less:
Gross contract costs882.552.0192.21,126.7
Direct employment costs714.7110.6114.2939.5
Other direct costs47.542.094.9184.4
Indirect and overhead employment costs126.833.235.8195.8
Other indirect and overhead costs105.030.917.6153.5
Add: Other segment items(1)14.71.64.620.9
Adjusted EBITDA$136.0$28.0$19.6$183.6

Item 1. Financial Statements.

FAQ

What is Cushman & Wakefield's americas — indirect and overhead employment costs?
Cushman & Wakefield (CWK) reported americas — indirect and overhead employment costs of $126.8M in Q2 2026.
How has Cushman & Wakefield's americas — indirect and overhead employment costs changed year-over-year?
Cushman & Wakefield's americas — indirect and overhead employment costs increased by 5.2% year-over-year, from $120.5M to $126.8M.
What is the long-term trend for Cushman & Wakefield's americas — indirect and overhead employment costs?
Over 3 years (2022 to 2025), Cushman & Wakefield's americas — indirect and overhead employment costs has grown at a 4.8% compound annual growth rate (CAGR), from $431.4M to $496.7M.
What does americas — indirect and overhead employment costs mean?
Represents the compensation costs for administrative, management, and support staff within the Americas segment who do not directly generate revenue. Managing these costs is essential for maintaining operational leverage and controlling the firm's fixed cost base.

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