Cushman & Wakefield (CWK) Operating Leases (2019 - 2026)
Cushman & Wakefield's Operating Leases was $370.1 million in Q3 2026, up 42.0% from $260.6 million a year earlier but down 0.4% from the prior quarter.
Cushman & Wakefield (CWK) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Cushman & Wakefield came in at $246.6 million, down 8.8% from FY2024.
- Operating Leases has now declined for six consecutive years, with a five-year compound annual growth rate of -9.5% (FY2020 to FY2025).
- In earlier years, Operating Leases was $270.3 million in FY2024 (-15.4%), $319.6 million in FY2023 (-4.5%), $334.6 million in FY2022 (-15.2%) and $394.6 million in FY2021 (-2.7%).
- Quarterly Operating Leases has moved between $246.6 million (Q2 2025) and $394.6 million (Q4 2021) over five years.
- Compared with a year earlier, Operating Leases has increased for three straight quarters, with growth averaging 9.9% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q2 2026 (growth of 50.7%); the worst was Q3 2022 (a decline of 19.5%).
- Per Business Quant data, CWK's Operating Leases in the three quarters before Q3 2026 was $371.6 million (Q2 2026), $369.2 million (Q1 2026) and $246.6 million (Q4 2025).
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
| Date | Value |
|---|---|
| Sep 30, 2026 | 370.10 Mn |
| Jun 30, 2026 | 371.60 Mn |
| Mar 31, 2026 | 369.20 Mn |
| Dec 31, 2025 | 246.60 Mn |
| Sep 30, 2025 | 260.60 Mn |
| Jun 30, 2025 | 246.60 Mn |
| Mar 31, 2025 | 254.80 Mn |
| Dec 31, 2024 | 270.30 Mn |
| Sep 30, 2024 | 279.80 Mn |
| Jun 30, 2024 | 283.80 Mn |
| Mar 31, 2024 | 296.90 Mn |
| Dec 31, 2023 | 319.60 Mn |
| Sep 30, 2023 | 305.60 Mn |
| Jun 30, 2023 | 324.30 Mn |
| Mar 31, 2023 | 332.80 Mn |
| Dec 31, 2022 | 334.60 Mn |
| Sep 30, 2022 | 331.20 Mn |
| Jun 30, 2022 | 359.80 Mn |
| Mar 31, 2022 | 377.80 Mn |
| Dec 31, 2021 | 394.60 Mn |
Cushman & Wakefield Operating Leases 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=operating-leases&ticker=CWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=CWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();