A former Cushman & Wakefield employee filed a class-action lawsuit alleging the company breached ERISA duties by failing to protect workers' 401(k) savings from climate-related financial risks. The lawsuit claims Cushman & Wakefield retained the Westwood Quality SmallCap Fund despite it underperforming by 17% in 2025, charging high fees, and disclaiming climate risk analysis—while the company itself acknowledged climate change as a material business threat. The case could set a precedent for how fiduciaries manage climate risk across the $12 trillion U.S. retirement market.
Cushman & Wakefield Ltd. (CWK)
Common Stock · Currency in USD · XNYS
Cushman & Wakefield is one of the largest commercial real estate services firms in the world, with global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers, and investors. These include brokerage services for leasing and capital markets sales as well as advisory services such as valuation, project management, and facilities management.
Company Info
SIC6500
Composite FIGI—
CIK0001628369
IPOAug 2, 2018
Sectorreal estate
Highlights
Market Cap$2.89B
EPS$0.88
P/E Ratio14.07
Revenue$10.18B
Gross Profit$10.42B
Net Income$205.60M
Employees53,000
WSO231,821,697
Phone441 298 3300
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Cushman & Wakefield Ltd., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Cushman & Wakefield Ltd. (CWK) has returned -22.92% so far this year and 46.65% over the past 12 months. Looking at the last ten years, CWK has achieved an annualized return of -3.60%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
CWK
1M-5.60%
6M-21.66%
YTD-22.92%
1Y46.65%
5Y-5.67%
10Y-3.60%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Cushman & Wakefield Ltd. (CWK) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.54% | -18.43% | -5.55% | 1.22% | ||||||||
| 2025 | 5.27% | -11.86% | -13.90% | -7.78% | 5.80% | 11.48% | 11.02% | 33.53% | 3.98% | -1.13% | 7.03% | -1.58% |
| 2024 | -0.85% | -5.75% | 6.19% | -7.66% | 14.30% | -7.72% | 26.06% | -0.84% | 6.40% | 0.15% | 12.17% | -14.45% |
| 2023 | 13.44% | -8.36% | -18.17% | -6.10% | -19.00% | 4.34% | 19.73% | -7.36% | -17.98% | -1.34% | 11.25% | 31.87% |
| 2022 | -6.09% | 3.94% | -6.98% | -13.23% | 4.19% | -18.24% | 11.11% | -9.72% | -22.53% | -1.03% | -3.06% | 7.79% |
| 2021 | -3.44% | 6.98% | 2.84% | 2.91% | 11.82% | -8.68% | 9.63% | -2.47% | 2.42% | -1.82% | -4.12% | 20.61% |
| 2020 | -6.24% | -5.75% | -36.26% | 10.24% | -12.99% | 22.52% | -14.67% | 8.10% | -8.05% | 11.73% | 25.84% | -3.01% |
| 2019 | 20.64% | 6.88% | -3.78% | 10.34% | -14.37% | 6.18% | 10.22% | -14.95% | 11.09% | 3.19% | 5.36% | |
| 2018 | -1.89% | -3.90% | -5.02% | 14.09% | -22.87% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Cushman & Wakefield Ltd. (CWK) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CWK compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Cushman & Wakefield Ltd. volatility is 2.19%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.68B | 7.55B | 7.77B | 7.95B | 7.89B | 7.34B | 7.16B | 6.55B |
| Equity Attributable To Parent (USD) | 1.96B | 1.75B | 1.68B | 1.66B | 1.45B | 1.09B | 1.30B | 1.36B |
| Equity Attributable To Noncontrolling Interest (USD) | 500.00K | 500.00K | 600.00K | 800.00K | 800.00K | 900.00K | - | - |
| Equity (USD) | 1.96B | 1.76B | 1.68B | 1.66B | 1.45B | 1.10B | 1.30B | 1.36B |
| Other Non-current Liabilities (USD) | - | - | - | - | - | - | - | 453.60M |
| Long-term Debt (USD) | - | - | - | - | - | - | - | 2.69B |
| Noncurrent Liabilities (USD) | 3.13B | 3.46B | 3.70B | 3.90B | 4.01B | 4.18B | 3.54B | 3.15B |
| Other Current Liabilities (USD) | 1.57B | 1.43B | 1.55B | 1.47B | 1.46B | 1.35B | 1.43B | 1.22B |
| Wages (USD) | 1.02B | 900.40M | 851.40M | 916.50M | 976.30M | 720.50M | 888.80M | 817.90M |
| Current Liabilities (USD) | 2.59B | 2.33B | 2.40B | 2.39B | 2.43B | 2.07B | 2.32B | 2.04B |
| Liabilities (USD) | 5.72B | 5.79B | 6.10B | 6.29B | 6.44B | 6.24B | 5.86B | 5.19B |
| Other Non-current Assets (USD) | 4.05B | 4.03B | 4.00B | 4.14B | 3.94B | 3.22B | 2.94B | 2.36B |
| Intangible Assets (USD) | 654.70M | 690.10M | 805.90M | 874.50M | 922.20M | 991.20M | 1.06B | 1.13B |
| Fixed Assets (USD) | 132.90M | 136.00M | 163.80M | 172.60M | 194.60M | 235.90M | 299.40M | 313.80M |
| Noncurrent Assets (USD) | 4.83B | 4.86B | 4.97B | 5.18B | 5.06B | 4.45B | 4.30B | 3.80B |
| Current Assets (USD) | 2.84B | 2.69B | 2.80B | 2.77B | 2.83B | 2.89B | 2.86B | 2.74B |
| Assets (USD) | 7.68B | 7.55B | 7.77B | 7.95B | 7.89B | 7.34B | 7.16B | 6.55B |
News and Insights
A special report reveals that buildings generate 36% of global carbon emissions and 40% of global energy use. Leading real estate companies are leveraging smart technologies, renewable energy, and data-driven insights to reduce operational emissions and support net-zero commitments.
Channing Capital Management, LLC sold its entire 5,369,263 share stake in Cushman & Wakefield for approximately $54.87 million, representing a complete exit from the position as of August 14, 2025.
Cushman & Wakefield and Greystone have arranged and provided $33 million in construction financing for the development of a 210-unit multifamily apartment complex in downtown Spokane, Washington. The project, called Kōz on West 4th, is being developed by a partnership comprising an affiliate of Kōz Development, LLC and Catalyst Opportunity Funds.
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The delinquency rate for U.S. office loans rose in June due to the post-pandemic work-from-home trend and high interest rates, according to a report from Fitch Ratings. Office loans accounted for the largest share of delinquencies, with three of the five largest new delinquencies being office loans.
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