Cushman & Wakefield (CWK) Gross Margin (2017 - 2026)

Cushman & Wakefield's (CWK) quarterly Gross Margin came in at 16.59% in Q1 2026, down 23.0% year-on-year from 21.55% in Q1 2025, and down 15.86% quarter-over-quarter from 19.72% in Q4 2025.

Cushman & Wakefield (CWK) Gross Margin (2017 - 2026) Analysis & Trends

Cushman & Wakefield's Gross Margin history runs 10 years deep, the most recent figure standing at 16.59% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 23.0% year-over-year to 16.59% in Q1 2026; TTM through Mar 2026 was 18.18%, a 24.0% decrease from a year earlier, with the FY2025 full-year figure at 18.27%, changed 0.0% from the prior year.
  • Gross Margin declined to 16.59% in Q1 2026 per CWK's latest filing, from 19.72% in the prior quarter.
  • Across five years, Gross Margin topped out at 20.48% in Q2 2022 and bottomed at 15.19% in Q1 2023.
  • The 5-year median for Gross Margin is 18.3% (2022), against an average of 18.17%.
  • Across the five-year window, Gross Margin surged 281 bps in 2022 and sank 499 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 18.3% in 2022, then rose by 2 bps to 18.75% in 2023, then climbed by 7 bps to 20.1% in 2024, then dropped by 2 bps to 19.72% in 2025, then fell by 16 bps to 16.59% in 2026.
  • Per Business Quant, the three latest CWK Gross Margin figures stand at 16.59% (Q1 2026), 19.72% (Q4 2025), and 17.42% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn - -
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 55.80%
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn 24.14%
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn 17.59%
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - -
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 78.15%
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn 85.28%
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn 33.17%
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn 10.00%
10 Cushman & Wakefield 2.90 Bn 2.30 Bn 420.70 Mn 16.59%

Historic Data

Download Data
DateValue
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%
Sep 30, 2021 20.69%
Jun 30, 2021 20.72%