Cushman & Wakefield Q4 net income rises to $112.9 million; revenue up 3%
Cushman & Wakefield reported fourth-quarter 2024 revenue of $2.6 billion, up 3% from a year earlier, and net income of $112.9 million, compared with $69.8 million in the fourth quarter of 2023. For the full year, revenue was $9.4 billion, down $47.2 million, while net income was $131.3 million versus a net loss of $35.4 million in 2023. Both quarterly and full-year profit improved, with Capital markets and Leasing growth offsetting a decline in Services revenue.
Key points
- Q4 2024 diluted EPS was $0.48, versus $0.30 in Q4 2023; adjusted diluted EPS was $0.48, up from $0.45.
- Full-year 2024 diluted EPS was $0.56, versus a diluted loss of $0.16 in 2023.
- Capital markets revenue rose 35% in Q4 2024, while Services revenue declined 3%.
- Free cash flow for 2024 was $167.0 million, up $65.8 million from 2023; liquidity was $1.9 billion at December 31, 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.