---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-307447"
form_type: "8-K"
ticker: "CWK"
cik: "0001628369"
company_name: "Cushman & Wakefield Ltd."
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:47:45.047388+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cushman & Wakefield sets FY2026-2028 targets: 15-20% adj. EPS growth, 6-8% organic fee revenue growth

## Summary
- Adjusted EPS growth target of 15-20% annually for FY2026-2028.
- Organic fee revenue growth target of 6-8% annually.
- Free cash flow conversion target of 60-80%, aiming for ~$800M cumulative from 2026.
- Adjusted EBITDA margin improvement of +150 bps by YE 2028; net debt leverage target of 2x by YE 2028.
- Net debt leverage expected to be 3.2x by YE 2025.

## SEC filing metadata
- accession: 0001193125-25-307447
- form_type: 8-K
- ticker: CWK
- cik: 0001628369
- company_name: Cushman & Wakefield Ltd.
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628369/000119312525307447/0001193125-25-307447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628369/000119312525307447/d88773d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-307447
- JSON: https://secwatch.observer/filing/0001193125-25-307447.json
- Plain text: https://secwatch.observer/filing/0001193125-25-307447.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.