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| Date | Value |
|---|---|
| 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% |