CWK Cushman & Wakefield margins

  1. Stocks
  2. Real Estate
  3. NYSE: CWK
  4. Margins
Sign up for free to view scoring metrics ?
Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 32
Gross margin
18.1%
Operating margin
4.5%
EBITDA margin
5%
Net margin
0.6%

Currently, Cushman & Wakefield has a gross margin of 18.1%, an operating margin of 4.5%, an EBITDA margin of 5%, and a net margin of 0.6%. The largest decline was in EBITDA margin, down 1.7 percentage points; the remaining margins held steady.

CWK margin history

Gross, operating, EBITDA and net margin trends

Cushman & Wakefield's margins averaged 18.08% gross, 3.7% operating, 5.76% EBITDA, and 0.92% net during the last 3 years. Against the three-year averages, gross and operating margins are above their three-year averages and EBITDA and net margins are below their three-year averages.

CWK margin expansion

Year-over-year margin changes in percentage points

From the same period last year, gross margin contracted by 0.2 percentage points, EBITDA margin by 1.7 percentage points, and net margin by 1.6 percentage points, while operating margin was unchanged.

Gross margin expansion
-0.2pp
Operating margin expansion
0pp
EBITDA margin expansion
-1.7pp
Net margin expansion
-1.6pp

CWK Gross margin

Cushman & Wakefield's gross margin averaged 18.08% over the last 3 years. Against its three-year average, Cushman & Wakefield's gross margin is currently 18.1%, 0 percentage points above its three-year average. Over the last 3 years, Cushman & Wakefield's gross margin peaked at 18.6% in Jun 2025 and reached a low of 17.4% in Dec 2023.

CWK Operating margin

Cushman & Wakefield recorded an average operating margin of 3.7% across the last 3 years. Cushman & Wakefield currently reports an operating margin of 4.5%, 0.8 percentage points above its three-year average. Over the last 3 years, Cushman & Wakefield's operating margin peaked at 4.5% in Sep 2026 and reached a low of 2.2% in Dec 2023.

CWK EBITDA margin

Over the last 3 years, the average EBITDA margin for Cushman & Wakefield was 5.76%. The latest EBITDA margin for Cushman & Wakefield is 5%, 0.8 percentage points below its three-year average. Cushman & Wakefield's EBITDA margin ranged from a low of 4.7% in Jun 2026 to a high of 7% in Jun 2025.

CWK Net margin

Cushman & Wakefield recorded an average net margin of 0.92% across the last 3 years. The current net margin stands at 0.6%, 0.3 percentage points below its three-year average. Net margin was highest at 2.2% in Sep 2025 and lowest at -0.4% in Dec 2023.

CWK margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 18.1%, CWK stands lower than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 60.8%, Cushman & Wakefield's gross margin is 70% lower.

CWK margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Cushman & Wakefield's gross margin?

For the period ending Sep 30, 2026, CWK recorded a gross margin of 18.1%.

What is Cushman & Wakefield's operating margin?

As of Sep 30, 2026, CWK has an operating margin of 4.5%.

What is Cushman & Wakefield's EBITDA margin?

As of Sep 30, 2026, CWK has an EBITDA margin of 5%.

What is Cushman & Wakefield's net margin?

The current net margin for CWK is 0.6% as of Sep 30, 2026.

What are the average margins of CWK?

Over the last 3 years, Cushman & Wakefield's margins averaged 18.1% gross, 3.7% operating, 5.8% EBITDA, and 0.9% net.

What are the highest historical margins of CWK?

In the last 5 years, the highest margins reported by CWK were 21.2% gross in Mar 2022, 6.8% operating in Jun 2022, 9.3% EBITDA in Jun 2022, and 3.5% net in Jun 2022.

What are the lowest historical margins of CWK?

In the last 5 years, the lowest margins reported by CWK were 17.3% gross in Sep 2023, 2.2% operating in Sep 2023, 4.7% EBITDA in Jun 2026, and -0.8% net in Sep 2023.