Health score, competitive moat, risk signals, and key metrics at a glance.
Cushman & Wakefield Limited is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of 9.4 billion dollars across its core service lines of Services, Leasing, Capital markets, and Valuation and others. The company was founded in 1784 and is headquartered in Chicago, Illinois.
Competitive analysis based on 32 quarters of fundamental data
Operating margins are positive at ~4.0% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~6.7% on average, adequate but below the threshold typically associated with wide moats.
Data-driven red flags and warnings across 32 quarters
Margins are stable or improving at ~4.4% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.
D/E ratio is 1.3 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.
as of March 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~13.2% growth over the period. Strong demand durability.