📊 CWK Key Takeaways
Is Cushman & Wakefield Ltd. (CWK) a Good Investment?
Cushman & Wakefield exhibits severe financial distress despite 8.9% revenue growth, with negative net income (-$0.5% margin), deeply negative operating cash flow (-$243.5M), and critically inadequate interest coverage (0.3x). The company cannot service its $2.6B debt burden from operations while burning cash, indicating structural profitability problems beyond cyclical headwinds.
Cushman & Wakefield shows solid top-line momentum and positive free cash flow generation, which supports the underlying durability of the business. However, the sharp decline in net income and EPS, combined with very thin net margins and modest interest coverage, suggests growth quality is uneven and balance sheet flexibility is limited. Fundamentally, this looks like a business with operating resilience but not enough earnings strength to warrant a more bullish view.
Cushman & Wakefield Ltd. Key Strengths (CWK)
- Revenue growth of 8.9% YoY demonstrates market demand for services
- $600.6M cash balance provides near-term liquidity cushion
- Substantial asset base of $7.6B in real estate sector stronghold
- Revenue growth of 8.9% YoY indicates healthy demand and business activity
- Positive operating cash flow and $293.0M of free cash flow support liquidity
- Current and quick ratios of 1.10x suggest near-term obligations are manageable
CWK Stock Risks: Cushman & Wakefield Ltd. Investment Risks
- Operating cash flow of -$243.5M and free cash flow of -$255.7M show severe cash burn despite positive revenue
- Interest coverage ratio of 0.3x means operating income covers only 30% of interest expense—unsustainable debt service
- Net margin of -0.5% with deteriorating net income (-32.8% YoY) signals operational profitability collapse
- Debt/equity of 1.34x with negative cash generation creates refinancing and solvency risk
- 17 Form 4 insider filings may reflect management concern about financial trajectory
- Net income fell 32.8% YoY and diluted EPS declined 32.1%, signaling earnings pressure
- Operating margin of 4.4% and net margin of 0.9% leave little cushion against downturns or cost inflation
- Debt/equity of 1.34x and interest coverage of 2.6x point to meaningful leverage risk
Key Metrics to Watch
- Operating cash flow trend (must turn positive to avoid liquidity crisis)
- Interest coverage ratio (must exceed 1.0x minimum for debt sustainability)
- Net margin recovery and path to profitability
- Debt/equity ratio and refinancing needs
- Interest coverage and debt reduction progress
- Net margin and EPS recovery versus revenue growth
Cushman & Wakefield Ltd. (CWK) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Cushman & Wakefield Ltd. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CWK Profit Margin, ROE & Profitability Analysis
CWK vs Real Estate Sector: How Cushman & Wakefield Ltd. Compares
How Cushman & Wakefield Ltd. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Cushman & Wakefield Ltd. Stock Overvalued? CWK Valuation Analysis 2026
Based on fundamental analysis, Cushman & Wakefield Ltd. shows some fundamental concerns relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Cushman & Wakefield Ltd. Balance Sheet: CWK Debt, Cash & Liquidity
CWK Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Cushman & Wakefield Ltd.'s revenue has shown modest growth of 10% over the 5-year period. The most recent EPS of $-0.16 indicates the company is currently unprofitable.
CWK Revenue Growth, EPS Growth & YoY Performance
CWK Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.3B | $1.9M | $0.01 |
| Q3 2025 | $2.3B | $18.4M | $0.08 |
| Q2 2025 | $2.3B | $13.5M | $0.06 |
| Q1 2025 | $2.2B | $1.9M | $0.01 |
| Q3 2024 | $2.3B | $18.4M | $0.08 |
| Q2 2024 | $2.3B | $5.1M | $0.02 |
| Q1 2024 | $2.2B | -$28.8M | $-0.13 |
| Q3 2023 | $2.3B | $23.9M | $0.11 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Cushman & Wakefield Ltd. Dividends, Buybacks & Capital Allocation
CWK SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Cushman & Wakefield Ltd. (CIK: 0001628369)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CWK
What is the AI rating for CWK?
Cushman & Wakefield Ltd. (CWK) has a Combined AI Grade of C from Claude (D) and ChatGPT (B) with 86% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CWK's key strengths?
Claude: Revenue growth of 8.9% YoY demonstrates market demand for services. $600.6M cash balance provides near-term liquidity cushion. ChatGPT: Revenue growth of 8.9% YoY indicates healthy demand and business activity. Positive operating cash flow and $293.0M of free cash flow support liquidity.
What are the risks of investing in CWK?
Claude: Operating cash flow of -$243.5M and free cash flow of -$255.7M show severe cash burn despite positive revenue. Interest coverage ratio of 0.3x means operating income covers only 30% of interest expense—unsustainable debt service. ChatGPT: Net income fell 32.8% YoY and diluted EPS declined 32.1%, signaling earnings pressure. Operating margin of 4.4% and net margin of 0.9% leave little cushion against downturns or cost inflation.
What is CWK's revenue and growth?
Cushman & Wakefield Ltd. reported revenue of $2.5B.
Does CWK pay dividends?
Cushman & Wakefield Ltd. does not currently pay dividends.
Where can I find CWK SEC filings?
Official SEC filings for Cushman & Wakefield Ltd. (CIK: 0001628369) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CWK's EPS?
Cushman & Wakefield Ltd. has a diluted EPS of $-0.05.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CWK's fundamental grade?
Based on our AI fundamental analysis in June 2026, Cushman & Wakefield Ltd. has a C grade with 86% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is CWK stock overvalued or undervalued?
Valuation metrics for CWK: ROE of -0.6% (sector avg: 8%), net margin of -0.5% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is CWK's AI grade for 2026?
Our dual AI analysis gives Cushman & Wakefield Ltd. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CWK's free cash flow?
Cushman & Wakefield Ltd.'s operating cash flow is $-243.5M, with capital expenditures of $12.2M. FCF margin is -10.1%.
How does CWK compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -0.5% (avg: 20%), ROE -0.6% (avg: 8%), current ratio 1.13 (avg: 1.5).