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Cushman & Wakefield vs Forestar Group: CWK and FOR compared
Cushman & Wakefield is the larger company: $2.8B of revenue in its latest quarter (Q3 2026) against $581M for Forestar Group (Q4 FY26). Cushman & Wakefield is growing faster (+8% against -13% a year earlier). Forestar Group is more profitable, with an operating margin of 13.5% against 4.6%.
Where the money goes: CWK and FOR
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.
Forestar Group (FOR) · Q4 FY26
Forestar Group, Q4 FY26: revenue $581M (-13% year over year), operating margin 13.5%, net earnings $59.4M. The chart follows the revenue to costs, profit and cash.
| Cushman & Wakefield (CWK) | Forestar Group (FOR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q4 FY26 |
| Revenue | $2.8B | $581M |
| Revenue growth, Y/Y | +8% | -13% |
| Operating margin | 4.6% | 13.5% |
| Net earnings | $52.1M | $59.4M |
| Net margin | 1.9% | 10.2% |
| Operating cash flow | $214M | — |
| Free cash flow | $176M | — |
| Market value | $3.4B | $1.2B |
| P/E | 48.8× | 7.1× |
| Analysts’ mean target | $16.36 | $34.00 |
Where the revenue comes from
Cushman & Wakefield
- Americas: $2.1B (73%)
- APAC: $484M (17%)
- EMEA: $270M (10%)
Forestar Group
- Development projects: $540M (93%)
- Tract sales and other: $38.7M (7%)
- Lot banking projects: $2.0M (0%)
Questions
Which is bigger, Cushman & Wakefield or Forestar Group?
Cushman & Wakefield is the larger company: $2.8B of revenue in its latest quarter (Q3 2026) against $581M for Forestar Group (Q4 FY26).
Is Cushman & Wakefield or Forestar Group growing faster?
Cushman & Wakefield is growing faster (+8% against -13% a year earlier).
Which is more profitable, Cushman & Wakefield or Forestar Group?
Forestar Group is more profitable, with an operating margin of 13.5% against 4.6%.
More: Cushman & Wakefield earnings · how Cushman & Wakefield makes money · Forestar Group earnings · how Forestar Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 8-K filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.