Cushman & Wakefield (CWK) Gross Margin (2017 - 2026)
Cushman & Wakefield (CWK) reported Gross Margin of 17.32% for Q3 2026, down 0.10 percentage points from 17.42% a year earlier and down 1.21 percentage points from the prior quarter.
Cushman & Wakefield (CWK) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cushman & Wakefield's Gross Margin came in at 18.09%, down 0.24 percentage points year-over-year; for FY2025, it came in at 18.27%, unchanged from FY2024.
- Gross Margin has a five-year change of +0.57 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 18.27% in FY2024 (+0.87 pp), 17.40% in FY2023 (-1.92 pp), 19.32% in FY2022 (-1.35 pp) and 20.67% in FY2021 (+2.97 pp).
- Five-year quarterly Gross Margin spans a low of 15.19% in Q1 2023 and a high of 22.80% in Q4 2021.
- Year over year, Gross Margin has now declined in each of the last five quarters, with an average year-over-year change of +0.10 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 2.81 percentage points); the low point was Q1 2023 (a drop of 4.99 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 18.53% (Q2 2026), 16.59% (Q1 2026) and 19.72% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 39.37 Bn | 32.67 Bn | 2.13 Bn | 18.45% |
| 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 | 17.32% |
| 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 | 6.53% |
| 10 | Rmr | 257.24 Mn | 7.32 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.32% |
| Jun 30, 2026 | 18.53% |
| Mar 31, 2026 | 16.59% |
| Dec 31, 2025 | 19.72% |
| Sep 30, 2025 | 17.42% |
| Jun 30, 2025 | 18.81% |
| Mar 31, 2025 | 16.82% |
| Dec 31, 2024 | 20.10% |
| Sep 30, 2024 | 18.45% |
| Jun 30, 2024 | 18.06% |
| Mar 31, 2024 | 16.13% |
| Dec 31, 2023 | 18.75% |
| Sep 30, 2023 | 17.67% |
| Jun 30, 2023 | 17.78% |
| Mar 31, 2023 | 15.19% |
| Dec 31, 2022 | 18.30% |
| Sep 30, 2022 | 18.38% |
| Jun 30, 2022 | 20.48% |
| Mar 31, 2022 | 20.18% |
| Dec 31, 2021 | 22.80% |
Cushman & Wakefield Gross Margin 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=gross-margin&ticker=CWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();