Cushman & Wakefield (CWK) Tax Rate (2018 - 2026)
Cushman & Wakefield's Tax Rate was 31.82% in Q2 2026, up 7.02 percentage points from 24.80% a year earlier and up 63.07 percentage points from the prior quarter.
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Analysis
Cushman & Wakefield (CWK) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cushman & Wakefield's Tax Rate was 31.38% through Jun 30, 2026, up 8.66 percentage points year-over-year; for FY2025, it was 22.77%, down 2.55 percentage points from FY2024.
- Tax Rate shows a five-year change of +47.63 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 25.31% in FY2024 (+43.31 pp), -18.00% in FY2023 (-59.89 pp), 41.89% in FY2022 (+15.44 pp) and 26.45% in FY2021 (+51.31 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q1 2025.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -1.98 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2024 (a gain of 132.37 percentage points); the worst was Q3 2023 (a drop of 148.25 percentage points).
- Per Business Quant data, CWK's Tax Rate in the three quarters before Q2 2026 was -31.25% (Q1 2026), -85.12% (Q4 2025) and -13.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 39.15 Bn | 32.47 Bn | 2.09 Bn | 21.59% |
| 2 | KE Holdings | 19.37 Bn | -7.81 Bn | 1.03 Bn | - |
| 3 | Jones Lang Lasalle | 14.16 Bn | 12.23 Bn | - | 19.31% |
| 4 | Compass | 7.42 Bn | 5.87 Bn | - | 5.75% |
| 5 | Colliers International | 4.72 Bn | 3.80 Bn | 635.11 Mn | 35.29% |
| 6 | Cushman & Wakefield | 2.75 Bn | 234.50 Mn | 512.00 Mn | 31.82% |
| 7 | Newmark | 2.07 Bn | 1.14 Bn | - | 29.04% |
| 8 | Marcus & Millichap | 1.06 Bn | 161.39 Mn | - | 37.61% |
| 9 | Agnt | 670.46 Mn | 200.14 Mn | 98.80 Mn | 216.78% |
| 10 | Rmr | 293.51 Mn | 43.59 Mn | - | 20.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.82% |
| Jun 30, 2025 | 24.80% |
| Mar 31, 2025 | 62.00% |
| Dec 31, 2024 | 14.53% |
| Sep 30, 2024 | 36.42% |
| Jun 30, 2024 | 21.51% |
| Dec 31, 2023 | 0.43% |
| Jun 30, 2023 | 20.31% |
| Dec 31, 2022 | 66.44% |
| Sep 30, 2022 | 52.30% |
| Jun 30, 2022 | 20.98% |
| Mar 31, 2022 | 40.21% |
| Dec 31, 2021 | 26.21% |
| Sep 30, 2021 | 25.00% |
| Jun 30, 2021 | 45.05% |
| Dec 31, 2020 | 149.28% |
| Dec 31, 2019 | 96.40% |
| Jun 30, 2019 | 64.41% |
| Dec 31, 2018 | 460.00% |
API Access
Cushman & Wakefield Tax Rate 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=tax-rate&ticker=CWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();