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Side-by-side financial comparison of AECOM (ACM) and Cushman & Wakefield Ltd. (CWK). Click either name above to swap in a different company.
AECOM is the larger business by last-quarter revenue ($3.8B vs $2.9B, roughly 1.3× Cushman & Wakefield Ltd.). AECOM runs the higher net margin — 1.9% vs -0.8%, a 2.7% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 1.6%). Cushman & Wakefield Ltd. produced more free cash flow last quarter ($234.3M vs $41.9M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs -1.4%).
AECOM is an American multinational infrastructure consulting firm headquartered in Dallas, Texas.
Cushman & Wakefield Inc. is an American global commercial real estate and property management services firm. The company's corporate headquarters is located in Chicago, Illinois. It is named after co-founders J. Clydesdale Cushman and Bernard Wakefield.
ACM vs CWK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.8B | $2.9B |
| Net Profit | $74.5M | $-22.4M |
| Gross Margin | 7.3% | — |
| Operating Margin | 5.8% | 6.1% |
| Net Margin | 1.9% | -0.8% |
| Revenue YoY | 1.6% | 10.8% |
| Net Profit YoY | -48.0% | -119.8% |
| EPS (diluted) | $0.56 | $-0.10 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.8B | — | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $4.2B | $2.6B | ||
| Q2 25 | $4.2B | $2.5B | ||
| Q1 25 | $3.8B | $2.3B | ||
| Q4 24 | $4.0B | $2.6B | ||
| Q3 24 | $4.1B | $2.3B | ||
| Q2 24 | $4.2B | $2.3B |
| Q1 26 | $74.5M | — | ||
| Q4 25 | — | $-22.4M | ||
| Q3 25 | $120.4M | $51.4M | ||
| Q2 25 | $131.0M | $57.3M | ||
| Q1 25 | $143.4M | $1.9M | ||
| Q4 24 | $167.0M | $112.9M | ||
| Q3 24 | $172.5M | $33.7M | ||
| Q2 24 | $134.3M | $13.5M |
| Q1 26 | 7.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 6.9% | — |
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | 6.1% | ||
| Q3 25 | 5.7% | 4.1% | ||
| Q2 25 | 7.0% | 4.9% | ||
| Q1 25 | 6.8% | 2.0% | ||
| Q4 24 | 5.9% | 6.6% | ||
| Q3 24 | 5.8% | 3.2% | ||
| Q2 24 | 5.5% | 3.1% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | -0.8% | ||
| Q3 25 | 2.9% | 2.0% | ||
| Q2 25 | 3.1% | 2.3% | ||
| Q1 25 | 3.8% | 0.1% | ||
| Q4 24 | 4.2% | 4.3% | ||
| Q3 24 | 4.2% | 1.4% | ||
| Q2 24 | 3.2% | 0.6% |
| Q1 26 | $0.56 | — | ||
| Q4 25 | — | $-0.10 | ||
| Q3 25 | $0.90 | $0.22 | ||
| Q2 25 | $0.98 | $0.25 | ||
| Q1 25 | $1.08 | $0.01 | ||
| Q4 24 | $1.25 | $0.49 | ||
| Q3 24 | $1.27 | $0.14 | ||
| Q2 24 | $0.98 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $784.2M |
| Total DebtLower is stronger | $2.6B | $2.7B |
| Stockholders' EquityBook value | $2.2B | $2.0B |
| Total Assets | $11.9B | $7.7B |
| Debt / EquityLower = less leverage | 1.18× | 1.40× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $784.2M | ||
| Q3 25 | $1.6B | $634.4M | ||
| Q2 25 | $1.8B | $618.2M | ||
| Q1 25 | $1.6B | $623.2M | ||
| Q4 24 | $1.6B | $793.3M | ||
| Q3 24 | $1.6B | $775.4M | ||
| Q2 24 | $1.6B | $567.3M |
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | $2.6B | $2.8B | ||
| Q2 25 | $2.5B | $3.0B | ||
| Q1 25 | $2.5B | $3.0B | ||
| Q4 24 | $2.5B | $3.0B | ||
| Q3 24 | $2.5B | $3.1B | ||
| Q2 24 | $2.5B | $3.1B |
| Q1 26 | $2.2B | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | $2.5B | $2.0B | ||
| Q2 25 | $2.5B | $1.9B | ||
| Q1 25 | $2.3B | $1.8B | ||
| Q4 24 | $2.2B | $1.8B | ||
| Q3 24 | $2.2B | $1.7B | ||
| Q2 24 | $2.3B | $1.6B |
| Q1 26 | $11.9B | — | ||
| Q4 25 | — | $7.7B | ||
| Q3 25 | $12.2B | $7.7B | ||
| Q2 25 | $12.3B | $7.6B | ||
| Q1 25 | $11.8B | $7.4B | ||
| Q4 24 | $11.8B | $7.5B | ||
| Q3 24 | $12.1B | $7.5B | ||
| Q2 24 | $12.0B | $7.3B |
| Q1 26 | 1.18× | — | ||
| Q4 25 | — | 1.40× | ||
| Q3 25 | 1.06× | 1.45× | ||
| Q2 25 | 0.99× | 1.57× | ||
| Q1 25 | 1.07× | 1.70× | ||
| Q4 24 | 1.11× | 1.73× | ||
| Q3 24 | 1.12× | 1.81× | ||
| Q2 24 | 1.07× | 1.91× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $70.2M | $257.3M |
| Free Cash FlowOCF − Capex | $41.9M | $234.3M |
| FCF MarginFCF / Revenue | 1.1% | 8.0% |
| Capex IntensityCapex / Revenue | 0.7% | 0.8% |
| Cash ConversionOCF / Net Profit | 0.94× | — |
| TTM Free Cash FlowTrailing 4 quarters | $616.0M | $293.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $257.3M | ||
| Q3 25 | $196.1M | $235.5M | ||
| Q2 25 | $283.7M | $9.6M | ||
| Q1 25 | $190.7M | $-162.0M | ||
| Q4 24 | $151.1M | $115.2M | ||
| Q3 24 | $298.8M | $196.1M | ||
| Q2 24 | $291.3M | $21.8M |
| Q1 26 | $41.9M | — | ||
| Q4 25 | — | $234.3M | ||
| Q3 25 | $134.1M | $225.0M | ||
| Q2 25 | $261.7M | $300.0K | ||
| Q1 25 | $178.3M | $-166.6M | ||
| Q4 24 | $110.9M | $105.9M | ||
| Q3 24 | $274.5M | $186.7M | ||
| Q2 24 | $272.8M | $10.0M |
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | 3.2% | 8.6% | ||
| Q2 25 | 6.3% | 0.0% | ||
| Q1 25 | 4.7% | -7.3% | ||
| Q4 24 | 2.8% | 4.0% | ||
| Q3 24 | 6.7% | 8.0% | ||
| Q2 24 | 6.6% | 0.4% |
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | 1.5% | 0.4% | ||
| Q2 25 | 0.5% | 0.4% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 1.0% | 0.4% | ||
| Q3 24 | 0.6% | 0.4% | ||
| Q2 24 | 0.4% | 0.5% |
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.63× | 4.58× | ||
| Q2 25 | 2.17× | 0.17× | ||
| Q1 25 | 1.33× | -85.26× | ||
| Q4 24 | 0.90× | 1.02× | ||
| Q3 24 | 1.73× | 5.82× | ||
| Q2 24 | 2.17× | 1.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACM
Segment breakdown not available.
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |
