Cushman & Wakefield Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.29B | $9.45B | $9.49B | $10.11B | $9.39B | $7.84B | $8.75B | $8.22B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.32B | $1.22B | $1.26B | $1.26B | $1.23B | $1.12B | $1.28B | $1.27B |
| Operating Income | $452.5M | $338.9M | $205.6M | $535.1M | $497.0M | $-53.1M | $187.3M | $12.6M |
| Operating Margin | 4.4% | 3.6% | 2.2% | 5.3% | 5.3% | -0.7% | 2.1% | 0.2% |
| Interest Expense | — | — | $281.1M | $193.1M | $179.5M | $163.8M | $150.6M | $228.8M |
| Pretax Income | $114.2M | $175.8M | $-30.0M | $338.0M | $339.9M | $-176.6M | $42.8M | $-210.8M |
| Income Tax Expense | $26.0M | $44.5M | $5.4M | $141.6M | $89.9M | $43.9M | $42.6M | $-25.0M |
| Net Income | $88.2M | $131.3M | $-35.4M | $196.4M | $250.0M | $-220.5M | $200.0K | $-185.8M |
| Net Margin | 0.9% | 1.4% | -0.4% | 1.9% | 2.7% | -2.8% | 0.0% | -2.3% |
| EPS (Basic) | $0.38 | $0.57 | $-0.16 | $0.87 | $1.12 | $-1.00 | $0.00 | $-1.09 |
| EPS (Diluted) | $0.38 | $0.56 | $-0.16 | $0.86 | $1.10 | $-1.00 | $0.00 | $-1.09 |
| Shares Outstanding (Basic) | 231.2M | 228.9M | 226.9M | 225.4M | 223.0M | 220.8M | 217.7M | 171.2M |
| Shares Outstanding (Diluted) | 234.7M | 232.8M | 226.9M | 228.0M | 226.5M | 220.8M | 224.5M | 171.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |