CWK - Cushman & Wakefield plc
NYSE
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Real Estate
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Real Estate Services
London,
United Kingdom
Type: Equity
CWK price evolution
CWK
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $567.3 | $553.5 | $767.7 | |
| Short term investments | ||||
| Net receivables | $1645.6 | $1283.7 | $1265.9 | $1468 |
| Inventory | ||||
| Total current assets | $2648.9 | $2592 | $2459.8 | $2803.2 |
| Long term investments | $710.5 | $713.6 | $708 | |
| Property, plant & equipment | $445.3 | $456 | $475.4 | $502.8 |
| Goodwill & intangible assets | $2735.9 | $2855.6 | $2886.8 | |
| Total noncurrent assets | $4751 | $5031.3 | $4970.8 | |
| Total investments | $710.5 | $713.6 | $708 | |
| Total assets | $7534 | $7343 | $7491.1 | $7774 |
| Current liabilities | ||||
| Accounts payable | $1068.6 | $1032.4 | $1093.6 | $1157.7 |
| Deferred revenue | ||||
| Short long term debt | $141.7 | $125 | $149.7 | |
| Total current liabilities | $2241 | $2135.3 | $2179.4 | $2397.2 |
| Long term debt | $2997 | $3285.5 | $3362.8 | $3416.5 |
| Total noncurrent liabilities | $3568.2 | $3686.3 | $3698.8 | |
| Total debt | $3427.2 | $3487.8 | $3566.2 | |
| Total liabilities | $5831.6 | $5703.5 | $5865.7 | $6096 |
| Shareholders' equity | ||||
| Retained earnings | -$1098.8 | -$1132.5 | -$1146 | -$1117.2 |
| Other shareholder equity | -$192.4 | -$210.9 | -$206.7 | -$185.4 |
| Total shareholder equity | $1638.9 | $1624.8 | $1677.4 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $767.7 | $644.5 | $770.7 | $1074.8 |
| Short term investments | ||||
| Net receivables | $1468 | $1926.8 | $1446 | $1301.6 |
| Inventory | ||||
| Total current assets | $2803.2 | $2766.8 | $2830.3 | $2890.7 |
| Long term investments | $708 | $677.3 | $641.3 | $114.9 |
| Property, plant & equipment | $502.8 | $530.6 | $608.1 | $674.1 |
| Goodwill & intangible assets | $2886.8 | $2940 | $3004.1 | $3089.2 |
| Total noncurrent assets | $4970.8 | $5182.5 | $5060.1 | $4447.2 |
| Total investments | $708 | $677.3 | $641.3 | $114.9 |
| Total assets | $7774 | $7949.3 | $7890.4 | $7337.9 |
| Current liabilities | ||||
| Accounts payable | $1157.7 | $1199 | $1106.2 | $1054.4 |
| Deferred revenue | ||||
| Short long term debt | $149.7 | $49.8 | $42.4 | $39.7 |
| Total current liabilities | $2397.2 | $2390.4 | $2434.5 | $2065.5 |
| Long term debt | $3416.5 | $3211.7 | $3615.1 | $3641.3 |
| Total noncurrent liabilities | $3698.8 | $3896.8 | $4007.3 | $4176.8 |
| Total debt | $3566.2 | $3596.1 | $3657.5 | $3681 |
| Total liabilities | $6096 | $6288 | $6441.8 | $6242.3 |
| Shareholders' equity | ||||
| Retained earnings | -$1117.2 | -$1081.8 | -$1278.2 | -$1528.2 |
| Other shareholder equity | -$185.4 | -$191 | -$193 | -$242.7 |
| Total shareholder equity | $1677.4 | $1661.3 | $1447.8 | $1094.7 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2344.2 | $2288 | $2184.8 | $2552.4 |
| Cost of revenue | $1874.8 | $1832.5 | $2073.8 | |
| Gross Profit | $432.4 | $413.2 | $352.3 | $478.6 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $294.2 | $296 | $317.1 | |
| Total operating expenses | $343.1 | $342.8 | $333.5 | $368.6 |
| Operating income | $70.4 | $18.8 | $110 | |
| Income from continuing operations | ||||
| EBIT | $78 | $32.2 | $127 | |
| Income tax expense | $19.3 | $3.7 | $2.3 | $0.3 |
| Interest expense | -$42.8 | $60.8 | $58.7 | $56.9 |
| Net income | ||||
| Net income | $33.7 | $13.5 | -$28.8 | $69.8 |
| Income (for common shares) | $13.5 | -$28.8 | $69.8 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $9493.7 | $10105.7 | $9388.7 | $7843.7 |
| Cost of revenue | $7841.6 | $8153.5 | $7448.4 | $6455.3 |
| Gross Profit | $1652.1 | $1952.2 | $1940.3 | $1388.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1262.8 | $1261.3 | $1226.7 | $1120.8 |
| Total operating expenses | $1446.5 | $1417.1 | $1443.3 | $1441.5 |
| Operating income | $205.6 | $535.1 | $497 | -$53.1 |
| Income from continuing operations | ||||
| EBIT | $251.1 | $531.1 | $519.4 | -$12.8 |
| Income tax expense | $5.4 | $141.6 | $89.9 | $43.9 |
| Interest expense | $281.1 | $193.1 | $179.5 | $163.8 |
| Net income | ||||
| Net income | -$35.4 | $196.4 | $250 | -$220.5 |
| Income (for common shares) | -$35.4 | $196.4 | $250 | -$220.5 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $13.5 | -$28.8 | $69.8 | |
| Operating activities | ||||
| Depreciation | $54.6 | $54.5 | $63 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $5.5 | $6.4 | $14.2 | |
| Total cash flows from operations | $21.8 | -$125.1 | $202.4 | |
| Investing activities | ||||
| Capital expenditures | -$11.8 | -$10.5 | -$16.2 | |
| Investments | $179.5 | $99.6 | $99.6 | |
| Total cash flows from investing | $114.3 | $67.7 | -$10.8 | -$31.3 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.6 | -$9.1 | -$0.4 | |
| Net borrowings | -$53.6 | -$61.9 | -$11.6 | |
| Total cash flows from financing | -$197.5 | -$67.6 | -$72.9 | -$13.7 |
| Effect of exchange rate | $2.1 | -$2.8 | -$6.6 | $8.5 |
| Change in cash and equivalents | $11.7 | $21.9 | -$208.8 | $157.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$35.4 | $196.4 | $250 | -$220.5 |
| Operating activities | ||||
| Depreciation | $243.4 | $249.1 | $276.3 | $381.8 |
| Business acquisitions & disposals | -$32.8 | -$7 | -$108.7 | |
| Stock-based compensation | $54.1 | $40.3 | $58.2 | $42 |
| Total cash flows from operations | $152.2 | $49.1 | $549.5 | -$38.2 |
| Investing activities | ||||
| Capital expenditures | -$51 | -$50.7 | -$53.8 | -$41 |
| Investments | $423.1 | $53.6 | -$688.9 | -$14.6 |
| Total cash flows from investing | $48.9 | -$120.7 | -$749.5 | -$257.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$8.1 | -$27.2 | -$8.6 | -$18.9 |
| Net borrowings | -$99.3 | -$44 | -$40.1 | $593.3 |
| Total cash flows from financing | -$120.8 | -$79.3 | -$65.8 | $571.9 |
| Effect of exchange rate | $1.9 | -$20.4 | -$8 | $15.9 |
| Change in cash and equivalents | $80.3 | -$150.9 | -$265.8 | $275.9 |
News
Fundamentals
| Market cap | $3.00B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 229.42M |
| Revenue | $9.37B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $88.20M |
| Revenue Q/Q | 2.55% |
| Revenue Y/Y | -2.28% |
| P/E ratio | 34.05 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.32 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $0.38 |
|---|---|
| ROA | 1.17% |
| ROE | N/A |
| Debt/Equity | 3.63 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.18 |
| Quick ratio | N/A |