Last 35 quarters of trend data · Real Estate · Real Estate - Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has compressed 52.5% YoY to 8.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 33.95 | — | — | 18.09 | 11.07 | 311.59 | 6.81 | 24.34 | 44.60 | — | 9.00 | — | 90.89 |
| — | — | — | -25.7% | -75.2% | — | -24.3% | — | -50.9% | — | -62.4% | — | +925.8% | |
| P/S Ratio | 0.29 | 0.28 | 0.33 | 0.36 | 0.26 | 0.26 | 0.29 | 0.34 | 0.26 | 0.27 | 0.24 | 0.19 | 0.19 |
| — | +9.6% | +12.8% | +6.2% | -1.6% | -4.8% | +20.5% | +79.2% | +36.3% | +2.9% | -9.2% | -26.9% | -41.9% | |
| P/B Ratio | 1.55 | 1.48 | 1.96 | 1.92 | 1.35 | 1.34 | 1.75 | 1.87 | 1.47 | 1.47 | 1.47 | 1.10 | 1.15 |
| — | +10.7% | +12.2% | +2.7% | -8.0% | -8.9% | +18.7% | +69.6% | +28.2% | -2.8% | -13.2% | -33.3% | -47.7% | |
| P/FCF | 10.32 | — | 4.09 | 4.17 | 45.29 | — | 7.24 | 4.26 | 60.19 | — | 3.32 | 2.49 | — |
| — | — | -43.5% | -2.0% | -24.7% | — | +118.2% | +71.2% | — | — | +11.7% | -85.6% | — | |
| EV / EBITDA | 9.74 | 8.29 | 7.78 | 11.69 | 8.76 | 17.45 | 6.85 | 13.88 | 12.96 | 18.14 | 9.18 | 10.04 | 10.67 |
| — | -52.5% | +13.6% | -15.8% | -32.4% | -3.8% | -25.4% | +38.3% | +21.5% | -43.3% | -10.4% | +16.8% | +55.5% | |
| EV / EBIT | 11.95 | 17.59 | 36.95 | 15.41 | 10.64 | 24.25 | 7.52 | 16.18 | 15.00 | 41.29 | 10.10 | 17.56 | 19.52 |
| — | -27.5% | +391.6% | -4.8% | -29.1% | -41.3% | -25.6% | -7.9% | -23.2% | — | -20.3% | +21.5% | +99.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Cushman & Wakefield plc's operating margin was 2.3% in Q1 2026, down 3.8 pp QoQ and up 0.3 pp YoY. The trailing four-quarter average of 4.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 13.2% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.2% | 14.6% | 18.0% | 16.4% | 17.8% | 16.8% | 20.1% | 18.4% | 18.1% | 16.1% | 18.8% | 17.7% | 17.8% |
| — | -13.2% | -10.6% | -10.9% | -1.7% | +4.3% | +7.2% | +4.4% | +1.5% | +6.1% | +2.5% | -3.9% | -13.2% | |
| Operating Margin | 4.5% | 2.3% | 6.1% | 4.1% | 4.9% | 2.0% | 6.6% | 3.2% | 3.1% | 0.9% | 4.3% | 2.5% | 2.3% |
| — | +16.7% | -8.5% | +28.6% | +59.8% | +130.4% | +54.0% | +27.3% | +31.5% | +205.8% | +2.7% | -43.5% | -65.4% | |
| Net Margin | 0.9% | -0.5% | -0.8% | 2.0% | 2.3% | 0.1% | 4.3% | 1.4% | 0.6% | -1.3% | 2.7% | -1.5% | 0.2% |
| — | -697.2% | -117.9% | +37.2% | +291.0% | +106.3% | +57.0% | +196.9% | +178.3% | +61.2% | +142.9% | -256.0% | -94.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.8% | -0.6% | -1.1% | 2.7% | 3.1% | 0.1% | 6.5% | 2.0% | 0.8% | -1.7% | 4.3% | -2.1% | 0.3% |
| — | -699.2% | -117.5% | +32.0% | +276.5% | +106.2% | +52.0% | +195.0% | +159.6% | +63.0% | +133.6% | -240.6% | -94.9% | |
| ROA | 1.2% | -0.2% | -0.3% | 0.7% | 0.8% | 0.0% | 1.5% | 0.5% | 0.2% | -0.4% | 0.9% | -0.4% | 0.1% |
| — | -747.2% | -119.5% | +48.8% | +320.8% | +106.7% | +64.7% | +201.7% | +172.5% | +61.6% | +137.5% | -243.1% | -94.7% | |
| ROIC | 7.9% | 1.4% | 3.0% | 1.8% | 2.0% | 0.8% | 3.1% | 1.3% | 1.2% | 0.3% | 1.8% | 0.9% | 0.9% |
| — | +80.0% | -1.7% | +40.4% | +75.4% | +153.4% | +68.8% | +37.1% | +30.3% | +206.2% | +3.2% | -47.1% | -68.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Cushman & Wakefield plc's Debt/EBITDA ratio is 5.9x, down from 16.0x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.66 | 0.26 | 1.66 | 1.59 | 1.70 | 1.84 | 1.89 | 1.98 | 2.09 | 2.15 | 2.20 | 2.26 | 2.21 |
| — | -86.1% | -12.1% | -19.8% | -18.6% | -14.1% | -14.0% | -12.3% | -5.5% | -6.2% | -1.8% | -0.7% | -3.0% | |
| Debt / EBITDA | 5.76 | 5.94 | 16.02 | 23.33 | 21.86 | 45.47 | 16.23 | 32.40 | 33.73 | 47.58 | 25.10 | 30.37 | 30.98 |
| — | -86.9% | -1.3% | -28.0% | -35.2% | -4.4% | -35.3% | +6.7% | +8.9% | -43.0% | -2.8% | +43.2% | +106.4% | |
| Current Ratio | 22.76 | 1.13 | 22.76 | 1.07 | 1.13 | 1.18 | 1.15 | 1.18 | 1.21 | 1.13 | 1.17 | 1.18 | 1.24 |
| — | -4.2% | +1871.3% | -9.8% | -6.6% | +4.8% | -1.3% | +0.1% | -1.8% | -4.5% | +1.0% | +9.2% | +3.5% | |
| Quick Ratio | 22.76 | 1.13 | 22.76 | 1.07 | 1.13 | 1.18 | 1.15 | 1.18 | 1.21 | 1.13 | 1.17 | 1.18 | 1.24 |
| — | -4.2% | +1871.3% | -9.8% | -6.6% | +4.8% | -1.3% | +0.1% | -1.8% | -4.5% | +1.0% | +9.2% | +3.5% | |
| Interest Coverage | 1.53 | 0.80 | 0.78 | 1.81 | 2.30 | 0.99 | 3.35 | 1.63 | 1.44 | 0.55 | 2.34 | 0.75 | 1.09 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 35 years · Updated daily
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Quick answers to the most common questions about buying CWK stock.
Cushman & Wakefield plc's current P/E is 33.9x. The average P/E over the last 2 quarters is 14.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Cushman & Wakefield plc's current operating margin is 4.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Cushman & Wakefield plc's business trajectory between earnings reports.