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Cushman & Wakefield CWK Operating margin

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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$3.21B+1.3%
Enterprise value$5.76B-0.4%
P/E21.6×
P/S0.3×0.0×

Profitability

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Gross margin18.1%-0.5pp
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

Calculated from Cushman & Wakefield’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628369-26-000118

FAQ

What is Cushman & Wakefield's operating margin?
Cushman & Wakefield (CWK) reported operating margin of 4.4% in Q2 2026.
How has Cushman & Wakefield's operating margin changed year-over-year?
Cushman & Wakefield's operating margin increased by 2.9% year-over-year, from 4.3% to 4.4%.
What is the long-term trend for Cushman & Wakefield's operating margin?
Over 4 years (2021 to 2025), Cushman & Wakefield's operating margin has grown at a -4.5% compound annual growth rate (CAGR), from 5.3% to 4.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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