Cushman & Wakefield plc

CWKNYSEReal Estate● Active

$13.53

+$0.16(+1.16%)

Market Cap$3.2B

P/E Ratio—

52W High$17.4

52W Low$10.1

Avg Volume1.7M

Open$13.41

Beta1.46

Free Cash Flow Financials Revenue

Cushman & Wakefield plc (CWK) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CWK · free cash flow · updated Jun 8, 2026

Core FCF metrics

CWK · FCF · TTM · margin & CAGR

Free cash flow was $293.0M for FY2025 (fiscal year ending 2025-12-31), up 75.4% year-over-year The FCF margin was 2.9%.

FY2025 Free Cash Flow$293.0M▲ +75.4% YoY

Trailing 12M (TTM)$217.8Mtrailing 4 quarters sum

FCF Margin2.9%$293.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CWK · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$340.4M(47M)$293.0M▲ +75.4%2.9%

FY2024$208.0M(41M)$167.0M▲ +65.0%1.8%

FY2023$152.2M(51M)$101.2M▲ +6425.0%1.1%

FY2022$49.1M(51M)−$1.6M▼ 100.3%-0.0%

FY2021$549.5M(54M)$495.7M▲ +725.9%5.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CWK · P/FCF · FCF yield · FCF per share

Cushman & Wakefield plc (CWK) trades at a FCF yield of 6.95% and a price-to-free-cash-flow ratio of 14.4x. FCF per share stands at $0.94, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.95%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.94

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CWK · cash flow statement · operating / investing / financing

For FY2025, Cushman & Wakefield plc generated $340.4M in operating cash flow and spent 47M in capital expenditures, yielding $293.0M in free cash flow.

Operating Activities

+$340.4M

Cash from core business operations

2025-12-31

Investing Activities

−$21.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$350.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($340.4M) − |CapEx| (47M) = FCF ($293.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

CWK vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cushman & Wakefield plcYOU

CWK

$293.0M+75.4%2.8%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Cushman & Wakefield plc (CWK) reported free cash flow of $293.0M for FY2025 (fiscal year ending 2025-12-31), up 75.4% year-over-year. The FCF margin was 2.9%.

Based on available data, Cushman & Wakefield plc has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $495.7M in FY2021.

Cushman & Wakefield plc's FCF yield is 6.95% and price-to-FCF ratio is 14.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CWK free cash flow · 8 questions

Cushman & Wakefield plc free cash flow was $293.0M for FY2025, up 75.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $217.8M.

CWK free cash flowCWK FCFCWK FCF 2025CWK free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cushman & Wakefield plc · Cushman & Wakefield plc SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026