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Cushman & Wakefield CWK EMEA — Other direct costs

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Other financials

Income statement

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Revenue$2.5B+11.0%
Gross profit$420.7M+9.5%
Operating income$58.7M+29.6%
Net income-$12.6M-763%
EPS (diluted)-$0.05-600%

Balance sheet

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Cash & equivalents$619.5M-3.2%
Total debt$3.2B-4.5%
Total equity$2.0B+9.9%
Total assets$7.6B+3.2%

Cash flow

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Operating cash flow-$243.5M-50.3%
CapEx$12.2M+165%
Free cash flow-$255.7M-53.5%

Valuation

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Market cap$3B+21.1%
Enterprise value$5.53B+7.3%
P/E30.6×
P/S0.3×0.0×

Profitability

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Gross margin18.2%-0.2pp
Operating margin4.4%+0.6pp
Net margin2.2%
FCF margin1.9%+0.5pp

Returns & leverage

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Return on equity12.2%
Debt / equity1.6×-0.2×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Cushman & Wakefield in its filing.

Tagged under the XBRL concept cwk:CostsDirectOther.

The official record: Cushman & Wakefield ’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cushman & Wakefield 's EMEA — other direct costs?
Cushman & Wakefield (CWK) reported EMEA — other direct costs of $39.8M in Q1 2026.
How has Cushman & Wakefield 's EMEA — other direct costs changed year-over-year?
Cushman & Wakefield 's EMEA — other direct costs increased by 65.1% year-over-year, from $24.1M to $39.8M.
What is the long-term trend for Cushman & Wakefield 's EMEA — other direct costs?
Over 3 years (2022 to 2025), Cushman & Wakefield 's EMEA — other direct costs has grown at a -5.7% compound annual growth rate (CAGR), from $168.8M to $141.5M.
What does EMEA — other direct costs mean?
Encompasses variable operating expenses directly attributable to service delivery in the EMEA region that are not classified as employment or reimbursable contract costs. These costs typically include third-party service fees, specialized software, or localized operational supplies required for client projects.