Cushman & Wakefield reports record Q4 and full year 2025 revenue, 34% adjusted EPS growth

Cushman & Wakefield Ltd.

2025-FY EPS reported $0.38 revenue$10,288,200,000

Q4 revenue of $2.9 billion rose 11% (10% in constant currency) from Q4 2024, a company record.
Adjusted diluted EPS of $0.54 increased 13% year-over-year; full year adjusted EPS of $1.22 rose 34%.
Adjusted EBITDA of $238.7 million in Q4 was up 7%; full year adjusted EBITDA of $656.2 million grew 13%.
Prepaid $300 million of term loans during 2025 and repriced term loans to lowest credit spread in history.
Recognized a $177 million non-cash impairment on equity method investment in Cushman Wakefield Greystone joint venture.

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