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CBRE Group vs Cushman & Wakefield: CBRE and CWK compared
CBRE Group is the larger company: $11.5B of revenue in its latest quarter (Q3 2026) against $2.8B for Cushman & Wakefield (Q3 2026). CBRE Group is growing faster (+13% against +8% a year earlier). CBRE Group is more profitable, with an operating margin of 4.9% against 4.6%.
Where the money goes: CBRE and CWK
CBRE Group (CBRE) · Q3 2026
CBRE Group, Q3 2026: revenue $11.5B (+13% year over year), operating margin 4.9%, net earnings $443M, operating cash flow $869M. The chart follows the revenue to costs, profit and cash.
Cushman & Wakefield (CWK) · Q3 2026
Cushman & Wakefield, Q3 2026: revenue $2.8B (+8% year over year), operating margin 4.6%, net earnings $52.1M, operating cash flow $214M. The chart follows the revenue to costs, profit and cash.
| CBRE Group (CBRE) | Cushman & Wakefield (CWK) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $11.5B | $2.8B |
| Revenue growth, Y/Y | +13% | +8% |
| Operating margin | 4.9% | 4.6% |
| Net earnings | $443M | $52.1M |
| Net margin | 3.8% | 1.9% |
| Operating cash flow | $869M | $214M |
| Free cash flow | $743M | $176M |
| Market value | $39.8B | $3.4B |
| P/E | 29.3× | 48.8× |
| Analysts’ mean target | $172.00 | $16.36 |
Where the revenue comes from
CBRE Group
- Facilities management: $5.4B (47%)
- Project management: $2.0B (18%)
- Advisory leasing: $1.2B (11%)
- Critical infrastructure: $744M (6%)
Cushman & Wakefield
- Americas: $2.1B (73%)
- APAC: $484M (17%)
- EMEA: $270M (10%)
Questions
Which is bigger, CBRE Group or Cushman & Wakefield?
CBRE Group is the larger company: $11.5B of revenue in its latest quarter (Q3 2026) against $2.8B for Cushman & Wakefield (Q3 2026).
Is CBRE Group or Cushman & Wakefield growing faster?
CBRE Group is growing faster (+13% against +8% a year earlier).
Which is more profitable, CBRE Group or Cushman & Wakefield?
CBRE Group is more profitable, with an operating margin of 4.9% against 4.6%.
More: CBRE Group earnings · how CBRE Group makes money · Cushman & Wakefield earnings · how Cushman & Wakefield makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 22, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.