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Cushman & Wakefield CWK Guarantor Obligations - Maximum Exposure

Guarantor Obligations - Maximum Exposure at other companies

Marcus & Millichap logo
Marcus & MillichapMMI
$489.8M+32.0%

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:GuaranteeObligationsMaximumExposure.

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

The Company’s guarantees primarily relate to requirements under certain client service contracts and arise through the normal course of business. These guarantees, with certain financial institutions, have both open and closed-ended terms, with remaining closed-ended terms up to 10 years and maximum potential future payments of approximately $167.5 million in the aggregate. None of these guarantees are individually material to the Company’s operating results, financial position or liquidity. The Company considers the probability of future payment or non-performance under these guarantees to be remote.

Item 1. Financial Statements.

FAQ

What is Cushman & Wakefield's guarantor obligations - maximum exposure?
Cushman & Wakefield (CWK) reported guarantor obligations - maximum exposure of $167.5M in Q2 2026.
How has Cushman & Wakefield's guarantor obligations - maximum exposure changed year-over-year?
Cushman & Wakefield's guarantor obligations - maximum exposure increased by 19.3% year-over-year, from $140.4M to $167.5M.
What does guarantor obligations - maximum exposure mean?
The maximum potential amount of future payments the company could be required to make under guarantee arrangements.

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