Cushman & Wakefield (CWK) Operating Margin (2017 - 2026)
Cushman & Wakefield's Operating Margin was 4.63% in Q3 2026, up 0.50 percentage points from 4.13% a year earlier but down 0.23 percentage points from the prior quarter.
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Analysis
Cushman & Wakefield (CWK) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cushman & Wakefield's Operating Margin was 4.53% through Sep 30, 2026, up 0.04 percentage points year-over-year; for FY2025, it came in at 4.40%, up 0.81 percentage points from FY2024.
- Operating Margin shows a five-year change of +5.08 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 3.59% in FY2024 (+1.42 pp), 2.17% in FY2023 (-3.13 pp), 5.30% in FY2022 (unchanged) and 5.29% in FY2021 (+5.97 pp).
- Quarterly Operating Margin has moved between -0.81% (Q1 2023) and 8.65% (Q4 2021) over five years.
- Compared with a year earlier, Operating Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.80 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q1 2022 (a gain of 6.18 percentage points); the worst was Q1 2023 (a drop of 6.62 percentage points).
- Per Business Quant data, CWK's Operating Margin in the three quarters before Q3 2026 was 4.86% (Q2 2026), 2.31% (Q1 2026) and 6.07% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KE Holdings | 40.70 Bn | 13.61 Bn | 1.03 Bn | 12.33% |
| 2 | Cbre | 38.87 Bn | 32.63 Bn | 2.13 Bn | 4.87% |
| 3 | Jones Lang Lasalle | 17.10 Bn | 15.24 Bn | - | 5.37% |
| 4 | Compass | 7.63 Bn | 5.42 Bn | - | 2.23% |
| 5 | Colliers International | 4.71 Bn | 3.76 Bn | 637.29 Mn | 6.15% |
| 6 | Cushman & Wakefield | 3.26 Bn | 888.95 Mn | 486.30 Mn | 4.63% |
| 7 | Newmark | 1.79 Bn | 649.67 Mn | 596.85 Mn | 8.75% |
| 8 | Marcus & Millichap | 934.37 Mn | 31.72 Mn | 74.92 Mn | -0.43% |
| 9 | Rmr | 505.91 Mn | 430.36 Mn | - | -6.04% |
| 10 | Agnt | 476.02 Mn | 7.06 Mn | 90.97 Mn | 0.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.63% |
| Jun 30, 2026 | 4.86% |
| Mar 31, 2026 | 2.31% |
| Dec 31, 2025 | 6.07% |
| Sep 30, 2025 | 4.13% |
| Jun 30, 2025 | 4.94% |
| Mar 31, 2025 | 1.98% |
| Dec 31, 2024 | 6.64% |
| Sep 30, 2024 | 3.21% |
| Jun 30, 2024 | 3.08% |
| Mar 31, 2024 | 0.86% |
| Dec 31, 2023 | 4.31% |
| Sep 30, 2023 | 2.52% |
| Jun 30, 2023 | 2.34% |
| Mar 31, 2023 | -0.81% |
| Dec 31, 2022 | 4.20% |
| Sep 30, 2022 | 4.46% |
| Jun 30, 2022 | 6.76% |
| Mar 31, 2022 | 5.80% |
| Dec 31, 2021 | 8.65% |
API Access
Cushman & Wakefield Operating 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=operating-margin&ticker=CWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();