CWK · XBRL financial data

Cushman & Wakefield financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CWK's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	7,844	9,389	10,106	9,494	9,447	10,288
Selling, general and administrative	1,121	1,227	1,261	1,263	1,224	1,317
Operating income (loss)	(53)	497	535	206	339	453
Interest expense	164	180	193	281	230	216
Other income (expense)	32	1	(89)	(13)	29	46
Income tax expense (benefit)	44	90	142	5	45	26
Net income (loss)	(221)	250	196	(35)	131	88
Earnings per share, basic USD per share	(1.00)	1.12	0.87	(0.16)	0.57	0.38
Earnings per share, diluted USD per share	(1.00)	1.10	0.86	(0.16)	0.56	0.38
Weighted average shares, basic millions of shares	221	223	225	227	229	231
Weighted average shares, diluted millions of shares	221	227	228	227	233	235

Fiscal years (CWK's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,075	771	645	768	793	784
Prepaid and other current assets	223	265	246	189	181	190
Total current assets	2,891	2,830	2,767	2,803	2,690	2,843
Property and equipment, net	236	195	173	164	136	133
Right-of-use asset	438	414	358	339	290	277
Goodwill	2,098	2,082	2,066	2,081	1,998	2,058
Total assets	7,338	7,890	7,949	7,774	7,549	7,677
Current portion of long-term debt	37	38	44	144	96	120
Total current liabilities	2,066	2,435	2,390	2,397	2,330	2,592
Long-term debt	3,236	3,221	3,212	3,097	2,940	2,625
Lease liability, non-current	406	395	335	320	270	247
Total liabilities	6,242	6,442	6,287	6,096	5,794	5,721
Accumulated deficit	(1,528)	(1,278)	(1,082)	(1,117)	(986)	(898)
Total stockholders' equity	1,095	1,448	1,661	1,677	1,755	1,955
Total liabilities and equity	7,338	7,890	7,949	7,774	7,549	7,677
Common shares outstanding (cover page) millions of shares	222	225	226	227	230	232

Fiscal years (CWK's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(221)	250	196	(35)	131	88
Stock-based compensation	42	58	40	54	36	58
Depreciation and amortization	264	172	147	146	122	104
Net cash from operating activities	(38)	550	49	152	208	340
Purchases of property and equipment	41	54	51	51	41	47
Net cash from investing activities	(258)	(750)	(121)	49	81	(21)
Proceeds from issuing common stock	0	0	—	—	—	—
Proceeds from long-term debt	—	0	0	2,400	0	0
Repayments of long-term debt	20	27	27	2,405	200	300
Net cash from financing activities	572	(66)	(79)	(121)	(253)	(351)
Net change in cash	276	(266)	(151)	—	—	—

SIC 6500 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6500 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Cushman & Wakefield	489	2,808	not reported	234.8M	—	Q3 FY26 10-QSep 30, 2026
Curbline Properties	123	71	42*	121.4M	—	Q3 FY26 10-QSep 30, 2026
Urban Edge Properties	63	120	not reported	126.3M	—	Q3 FY26 10-QSep 30, 2026
Innovative Industrial Properties	142	65	49*	27.6M	—	Q3 FY26 10-QSep 30, 2026
Getty Realty	8.8	63	31*	67.1M	—	Q3 FY26 10-QSep 30, 2026
Ellington Financial	247	not reported	(19)*	128.9M	12.9 quarters	Q2 FY26 10-QJun 30, 2026
Millrose Properties	65	211	875*	not reported	—	Q3 FY26 10-QSep 30, 2026
Hudson Pacific Properties	81	188	not reported	54.3M	—	Q2 FY26 10-QJun 30, 2026
Terreno Realty	88	132	81*	110.3M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.