Cushman & Wakefield (CWK) EV to EBITDA (2018 - 2026)
Cushman & Wakefield's EV to EBITDA came in at 3.72 for Q3 2026, down 31.0% from 5.39 a year earlier and down 16.9% from the prior quarter.
Powered by 
Analysis
Cushman & Wakefield (CWK) EV to EBITDA (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Cushman & Wakefield reported EV to EBITDA of 0.65, down 64.1% year-over-year; for FY2025, it was 5.26, up 11.3% from FY2024.
- EV to EBITDA has increased in each of the last three years.
- Going back by year, EV to EBITDA was 4.72 in FY2024 (+0.3%), 4.70 in FY2023 (+50.0%), 3.14 in FY2022 (-49.4%) and 6.20 in FY2021 (-38.4%).
- The Q3 2026 figure represents the lowest quarterly EV to EBITDA since Q2 2025.
- Year-over-year, EV to EBITDA increased in four of the last eight quarters, with an average decline of 4.4%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2024 (growth of 79.4%), and the weakest in Q3 2022 (a decline of 52.8%).
- Business Quant data shows CWK's EV to EBITDA at 4.48 (Q2 2026), 3.94 (Q1 2026) and 5.26 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cbre | 39.37 Bn | 32.67 Bn | 2.13 Bn |
| 2 | KE Holdings | 20.10 Bn | -9.36 Bn | - |
| 3 | Jones Lang Lasalle | 17.12 Bn | 15.11 Bn | - |
| 4 | Compass | 7.90 Bn | 6.35 Bn | - |
| 5 | Colliers International | 4.78 Bn | 3.93 Bn | - |
| 6 | Cushman & Wakefield | 3.30 Bn | 929.10 Mn | 486.30 Mn |
| 7 | Newmark | 2.11 Bn | 1.18 Bn | - |
| 8 | Marcus & Millichap | 987.28 Mn | 84.22 Mn | - |
| 9 | Agnt | 526.15 Mn | 57.18 Mn | 90.97 Mn |
| 10 | Rmr | 257.24 Mn | 7.32 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.72 |
| Jun 30, 2026 | 4.48 |
| Mar 31, 2026 | 3.94 |
| Dec 31, 2025 | 5.26 |
| Sep 30, 2025 | 5.39 |
| Jun 30, 2025 | 3.62 |
| Mar 31, 2025 | 3.55 |
| Dec 31, 2024 | 4.72 |
| Sep 30, 2024 | 5.72 |
| Jun 30, 2024 | 4.53 |
| Mar 31, 2024 | 4.71 |
| Dec 31, 2023 | 4.70 |
| Sep 30, 2023 | 3.19 |
| Jun 30, 2023 | 3.30 |
| Mar 31, 2023 | 3.62 |
| Dec 31, 2022 | 3.14 |
| Sep 30, 2022 | 2.63 |
| Jun 30, 2022 | 3.42 |
| Mar 31, 2022 | 4.90 |
| Dec 31, 2021 | 6.20 |
API Access
Cushman & Wakefield EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "CWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();