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Cushman & Wakefield (Cushman & Wakefield) Operating Margin % : 4.89% (As of Dec. 2023)


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What is Cushman & Wakefield Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cushman & Wakefield's Operating Income for the three months ended in Dec. 2023 was $125 Mil. Cushman & Wakefield's Revenue for the three months ended in Dec. 2023 was $2,552 Mil. Therefore, Cushman & Wakefield's Operating Margin % for the quarter that ended in Dec. 2023 was 4.89%.

Good Sign:

Cushman & Wakefield PLC operating margin is expanding. Margin expansion is usually a good sign.

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

CWK' s Operating Margin % Range Over the Past 10 Years
Min: -4.95   Med: 0.17   Max: 5.77
Current: 2.57


CWK's Operating Margin % is ranked worse than
72.08% of 1780 companies
in the Real Estate industry
Industry Median: 13.31 vs CWK: 2.57

Cushman & Wakefield's 5-Year Average Operating Margin % Growth Rate was 82.10% per year.

Cushman & Wakefield's Operating Income for the three months ended in Dec. 2023 was $125 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $244 Mil.


Cushman & Wakefield Operating Margin % Historical Data

The historical data trend for Cushman & Wakefield's Operating 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 Operating Margin % Chart

Cushman & Wakefield Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 2.23 0.05 5.77 5.38 2.57

Cushman & Wakefield Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 4.42 -0.49 2.63 2.92 4.89

Competitive Comparison of Cushman & Wakefield's Operating Margin %

For the Real Estate Services subindustry, Cushman & Wakefield's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the Real Estate Industry

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

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



Cushman & Wakefield Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=243.7 / 9493.7
=2.57 %

Cushman & Wakefield's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=124.7 / 2552.4
=4.89 %

* 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.


Cushman & Wakefield  (NYSE:CWK) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Cushman & Wakefield Operating Margin % Related Terms

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


Cushman & Wakefield (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.
Executives
Nathaniel Robinson officer: EVP, Strategic Planning, CIO 225 WEST WACKER DRIVE, CHICAGO IL 60606
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michelle Felman director
Noelle J Perkins officer: See Remarks 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE TX 60515
Pagac Drone Holding Gp I Ltd 10 percent owner 32/F, AIA CENTRAL, 1 CONNAUGHT ROAD CENTRAL, HONG KONG K3 NA
Michelle Mackay director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
W Brett White director, officer: Executive Chairman and CEO 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Andrew R. Mcdonald officer: President C/O CUSHMAN & WAKEFIELD PLC, 225 W WACKER DR SUITE 3000, CHICAGO IL 60606
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
John Forrester officer: President 225 WEST WACKER DRIVE, CHICAGO IL 60606
Angela Sun director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80236
Tpg Asia Advisors Vi, Inc. 10 percent owner C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, FORT WORTH TX 76102
Anthony Murray Miller director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Neil O Johnston officer: Global Chief Financial Officer
Angelique G. Brunner director C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203