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Dec 31, 2022
Cushman & Wakefield Q4 2022 Earnings Report
Cushman & Wakefield's Q4 2022 financial performance was reported, showing a decrease in revenue and adjusted EBITDA compared to the same period last year.
Key Takeaways
Cushman & Wakefield's Q4 2022 revenue was $2.6 billion, an 8% decrease compared to Q4 2021. Net income was $29.8 million, and adjusted EBITDA was $219.7 million, a 37% decrease year-over-year. Adjusted earnings per share were $0.46, down from $0.94 in the prior year.
Revenue decreased by 8% compared to the fourth quarter of 2021, primarily driven by declines in the Americas.
Service line fee revenue decreased by 17% compared to the fourth quarter of 2021.
Net income decreased to $29.8 million, and diluted earnings per share were $0.13 for the quarter.
Adjusted EBITDA decreased by 37% compared to the fourth quarter of 2021.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
This document does not contain forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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