Cushman & Wakefield plc (CWK) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 2.54B | 2.91B | 2.61B | 2.48B | 2.28B | 2.63B | 2.34B | 2.29B | 2.18B | 2.55B | 2.29B | 2.41B |
| Revenue Growth % | 11% | 10.81% | 11.16% | 8.56% | 4.57% | 3.02% | 2.55% | -4.9% | -2.87% | -3.57% | -9.11% | -7.91% |
| Cost of Goods Sold | 2.17B | 2.39B | 2.18B | 2.04B | 1.9B | 2.1B | 1.91B | 1.87B | 1.83B | 2.07B | 1.88B | 1.98B |
| COGS % of Revenue | 85.41% | 82.03% | 83.57% | 82.24% | 83.18% | 79.9% | 81.55% | 81.94% | 83.88% | 81.25% | 82.33% | 82.22% |
| Gross Profit | 370.1M | 523.5M | 428.1M | 441.1M | 384.3M | 528.4M | 432.4M | 413.2M | 352.3M | 478.6M | 403.9M | 427.9M |
| Gross Margin % | 14.59% | 17.97% | 16.43% | 17.76% | 16.82% | 20.1% | 18.45% | 18.06% | 16.13% | 18.75% | 17.67% | 17.78% |
| Gross Profit Growth % | -3.69% | -0.93% | -0.99% | 6.75% | 9.08% | 10.41% | 7.06% | -3.44% | 3.1% | -1.2% | -12.61% | -20.03% |
| Operating Expenses | 311.4M | 346.6M | 320.6M | 318.3M | 339M | 353.9M | 357.2M | 342.8M | 333.5M | 368.6M | 346.3M | 371.6M |
| OpEx % of Revenue | 12.28% | 11.9% | 12.3% | 12.81% | 14.84% | 13.46% | 15.24% | 14.98% | 15.26% | 14.44% | 15.15% | 15.44% |
| Selling, General & Admin | 0 | 372.1M | 320.6M | 318.3M | 305.8M | 312.9M | 314.2M | 294.2M | 296M | 276.4M | 300.9M | 328.9M |
| SG&A % of Revenue | - | 12.77% | 12.3% | 12.81% | 13.39% | 11.9% | 13.4% | 12.86% | 13.55% | 10.83% | 13.16% | 13.67% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 58.7M | 176.9M | 107.5M | 122.1M | 45.3M | 174.5M | 75.2M | 70.4M | 18.8M | 110M | 57.6M | 56.3M |
| Operating Margin % | 2.31% | 6.07% | 4.13% | 4.92% | 1.98% | 6.64% | 3.21% | 3.08% | 0.86% | 4.31% | 2.52% | 2.34% |
| Operating Income Growth % | 29.58% | 1.38% | 42.95% | 73.44% | 140.96% | 58.64% | 30.56% | 25.04% | 202.73% | -0.99% | -48.62% | -68.12% |
| EBITDA | 84M | 202.4M | 133.3M | 148.3M | 72M | 204.1M | 104.1M | 101.6M | 73.3M | 146.8M | 116.9M | 115.8M |
| EBITDA Margin % | 3.31% | 6.95% | 5.12% | 5.97% | 3.15% | 7.76% | 4.44% | 4.44% | 3.36% | 5.75% | 5.11% | 4.81% |
| EBITDA Growth % | 16.67% | -0.83% | 28.05% | 45.96% | -1.77% | 39.03% | -10.95% | -12.26% | 69.28% | 2.09% | -30.91% | -51.95% |
| D&A (Non-Cash Add-back) | 25.3M | 25.5M | 25.8M | 26.2M | 26.7M | 29.6M | 28.9M | 31.2M | 54.5M | 36.8M | 59.3M | 59.5M |
| EBIT | 39.6M | 42.6M | 101.1M | 122.1M | 51.8M | 185.9M | 89.3M | 87.8M | 32.2M | 133.4M | 66.8M | 63.3M |
| Net Interest Income | 132.4M | 233.7M | -56M | -53.2M | -52.3M | -55.5M | -54.9M | -60.8M | -58.7M | -56.9M | -89.5M | -57.9M |
| Interest Income | 181.6M | 288.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -9.6M | -12.1M | 45.1M | 76.2M | 5M | 132.1M | 53M | 17.2M | -26.5M | 70.1M | -17.3M | 6.4M |
| Pretax Margin % | -0.38% | -0.42% | 1.73% | 3.07% | 0.22% | 5.02% | 2.26% | 0.75% | -1.21% | 2.75% | -0.76% | 0.27% |
| Income Tax | 3M | 10.3M | -6.3M | 18.9M | 3.1M | 19.2M | 19.3M | 3.7M | 2.3M | 300K | 16.6M | 1.3M |
| Effective Tax Rate % | -31.25% | -85.12% | -13.97% | 24.8% | 62% | 14.53% | 36.42% | 21.51% | -8.68% | 0.43% | -95.95% | 20.31% |
| Net Income | -12.6M | -22.4M | 51.4M | 57.3M | 1.9M | 112.9M | 33.7M | 13.5M | -28.8M | 69.8M | -33.9M | 5.1M |
| Net Margin % | -0.5% | -0.77% | 1.97% | 2.31% | 0.08% | 4.29% | 1.44% | 0.59% | -1.32% | 2.73% | -1.48% | 0.21% |
| Net Income Growth % | -763.16% | -119.84% | 52.52% | 324.44% | 106.6% | 61.75% | 199.41% | 164.71% | 62.3% | 134.23% | -241.84% | -94.75% |
| Net Income (Continuing) | -12.6M | -22.4M | 51.4M | 57.3M | 1.9M | 112.9M | 33.7M | 13.5M | -28.8M | 69.8M | -33.9M | 5.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 400K | 500K | 500K | 600K | 500K | 500K | 600K | 600K | 600K | 600K | 500K | 600K |
| EPS (Diluted) | -0.05 | -0.10 | 0.22 | 0.25 | 0.01 | 0.48 | 0.14 | 0.06 | -0.13 | 0.30 | -0.15 | 0.02 |
| EPS Growth % | - | -120.46% | 57.14% | 328.82% | 106.31% | 60% | 193.33% | 159.11% | 61.76% | 130.77% | -236.36% | -94.77% |
| EPS (Basic) | -0.05 | -0.10 | 0.22 | 0.25 | 0.01 | 0.49 | 0.15 | 0.06 | -0.13 | 0.31 | -0.15 | 0.02 |
| Diluted Shares Outstanding | 235.5M | 237M | 235.9M | 232.4M | 232.3M | 234.6M | 233.4M | 231.5M | 227.9M | 228.9M | 227.2M | 227.1M |
| Basic Shares Outstanding | 232.8M | 231.6M | 231.5M | 231.4M | 230.4M | 229.5M | 229.3M | 229M | 227.9M | 227.2M | 227.2M | 227.1M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |