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Cushman & Wakefield (FRA:2IY) Gross Margin % : 18.45% (As of Sep. 2024)


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What is Cushman & Wakefield Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cushman & Wakefield's Gross Profit for the three months ended in Sep. 2024 was €390 Mil. Cushman & Wakefield's Revenue for the three months ended in Sep. 2024 was €2,112 Mil. Therefore, Cushman & Wakefield's Gross Margin % for the quarter that ended in Sep. 2024 was 18.45%.

Warning Sign:

Cushman & Wakefield PLC gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


The historical rank and industry rank for Cushman & Wakefield's Gross Margin % or its related term are showing as below:

FRA:2IY' s Gross Margin % Range Over the Past 10 Years
Min: 17.4   Med: 19.19   Max: 20.67
Current: 17.89


During the past 9 years, the highest Gross Margin % of Cushman & Wakefield was 20.67%. The lowest was 17.40%. And the median was 19.19%.

FRA:2IY's Gross Margin % is ranked worse than
79.48% of 1642 companies
in the Real Estate industry
Industry Median: 36.125 vs FRA:2IY: 17.89

Cushman & Wakefield had a gross margin of 18.45% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cushman & Wakefield was -1.30% per year.


Cushman & Wakefield Gross Margin % Historical Data

The historical data trend for Cushman & Wakefield's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cushman & Wakefield Gross Margin % Chart

Cushman & Wakefield Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 20.22 17.70 20.67 19.32 17.40

Cushman & Wakefield Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.67 18.75 16.13 18.06 18.45

Competitive Comparison of Cushman & Wakefield's Gross Margin %

For the Real Estate Services subindustry, Cushman & Wakefield's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cushman & Wakefield's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cushman & Wakefield's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cushman & Wakefield's Gross Margin % falls into.



Cushman & Wakefield Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cushman & Wakefield's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1515 / 8705.723
=(Revenue - Cost of Goods Sold) / Revenue
=(8705.723 - 7190.747) / 8705.723
=17.40 %

Cushman & Wakefield's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=389.6 / 2112.124
=(Revenue - Cost of Goods Sold) / Revenue
=(2112.124 - 1722.532) / 2112.124
=18.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Cushman & Wakefield  (FRA:2IY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cushman & Wakefield had a gross margin of 18.45% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Cushman & Wakefield Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cushman & Wakefield's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cushman & Wakefield Business Description

Traded in Other Exchanges
Address
125 Old Broad Street, London, GBR, EC2N 1AR
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 valuation, project management, and facilities management.

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