vs
Side-by-side financial comparison of Assurant (AIZ) and Cushman & Wakefield Ltd. (CWK). Click either name above to swap in a different company.
Assurant is the larger business by last-quarter revenue ($3.4B vs $2.9B, roughly 1.1× Cushman & Wakefield Ltd.). Assurant runs the higher net margin — 6.7% vs -0.8%, a 7.5% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 7.9%). Assurant produced more free cash flow last quarter ($611.7M vs $234.3M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 7.9%).
Assurant, Inc. is a global provider of risk management products and services with headquarters in Atlanta. Its businesses provide a diverse set of specialty, niche-market insurance products in the property, casualty, extended device protection, and preneed insurance sectors. The company's main operating segments are Global Housing and Global Lifestyle.
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.
AIZ vs CWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.4B | $2.9B |
| Net Profit | $225.2M | $-22.4M |
| Gross Margin | — | — |
| Operating Margin | 8.5% | 6.1% |
| Net Margin | 6.7% | -0.8% |
| Revenue YoY | 7.9% | 10.8% |
| Net Profit YoY | 11.9% | -119.8% |
| EPS (diluted) | $4.37 | $-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.
| Q4 25 | $3.4B | $2.9B | ||
| Q3 25 | $3.2B | $2.6B | ||
| Q2 25 | $3.2B | $2.5B | ||
| Q1 25 | $3.1B | $2.3B | ||
| Q4 24 | $3.1B | $2.6B | ||
| Q3 24 | $3.0B | $2.3B | ||
| Q2 24 | $2.9B | $2.3B | ||
| Q1 24 | $2.9B | $2.2B |
| Q4 25 | $225.2M | $-22.4M | ||
| Q3 25 | $265.6M | $51.4M | ||
| Q2 25 | $235.3M | $57.3M | ||
| Q1 25 | $146.6M | $1.9M | ||
| Q4 24 | $201.3M | $112.9M | ||
| Q3 24 | $133.8M | $33.7M | ||
| Q2 24 | $188.7M | $13.5M | ||
| Q1 24 | $236.4M | $-28.8M |
| Q4 25 | 8.5% | 6.1% | ||
| Q3 25 | 10.2% | 4.1% | ||
| Q2 25 | 9.2% | 4.9% | ||
| Q1 25 | 6.0% | 2.0% | ||
| Q4 24 | 8.1% | 6.6% | ||
| Q3 24 | 5.1% | 3.2% | ||
| Q2 24 | 8.0% | 3.1% | ||
| Q1 24 | 10.2% | 0.9% |
| Q4 25 | 6.7% | -0.8% | ||
| Q3 25 | 8.2% | 2.0% | ||
| Q2 25 | 7.4% | 2.3% | ||
| Q1 25 | 4.8% | 0.1% | ||
| Q4 24 | 6.5% | 4.3% | ||
| Q3 24 | 4.5% | 1.4% | ||
| Q2 24 | 6.5% | 0.6% | ||
| Q1 24 | 8.2% | -1.3% |
| Q4 25 | $4.37 | $-0.10 | ||
| Q3 25 | $5.17 | $0.22 | ||
| Q2 25 | $4.56 | $0.25 | ||
| Q1 25 | $2.83 | $0.01 | ||
| Q4 24 | $3.86 | $0.49 | ||
| Q3 24 | $2.55 | $0.14 | ||
| Q2 24 | $3.58 | $0.06 | ||
| Q1 24 | $4.47 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $784.2M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $5.9B | $2.0B |
| Total Assets | $36.3B | $7.7B |
| Debt / EquityLower = less leverage | — | 1.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8B | $784.2M | ||
| Q3 25 | $1.7B | $634.4M | ||
| Q2 25 | $1.5B | $618.2M | ||
| Q1 25 | $1.7B | $623.2M | ||
| Q4 24 | $1.8B | $793.3M | ||
| Q3 24 | $1.8B | $775.4M | ||
| Q2 24 | $1.7B | $567.3M | ||
| Q1 24 | $1.3B | $553.5M |
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.2B |
| Q4 25 | $5.9B | $2.0B | ||
| Q3 25 | $5.8B | $2.0B | ||
| Q2 25 | $5.5B | $1.9B | ||
| Q1 25 | $5.2B | $1.8B | ||
| Q4 24 | $5.1B | $1.8B | ||
| Q3 24 | $5.3B | $1.7B | ||
| Q2 24 | $5.0B | $1.6B | ||
| Q1 24 | $4.9B | $1.6B |
| Q4 25 | $36.3B | $7.7B | ||
| Q3 25 | $35.8B | $7.7B | ||
| Q2 25 | $35.5B | $7.6B | ||
| Q1 25 | $35.0B | $7.4B | ||
| Q4 24 | $35.0B | $7.5B | ||
| Q3 24 | $35.3B | $7.5B | ||
| Q2 24 | $33.8B | $7.3B | ||
| Q1 24 | $33.2B | $7.5B |
| Q4 25 | — | 1.40× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.70× | ||
| Q4 24 | — | 1.73× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.96× |
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 | $671.0M | $257.3M |
| Free Cash FlowOCF − Capex | $611.7M | $234.3M |
| FCF MarginFCF / Revenue | 18.3% | 8.0% |
| Capex IntensityCapex / Revenue | 1.8% | 0.8% |
| Cash ConversionOCF / Net Profit | 2.98× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.6B | $293.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $671.0M | $257.3M | ||
| Q3 25 | $505.0M | $235.5M | ||
| Q2 25 | $265.5M | $9.6M | ||
| Q1 25 | $392.4M | $-162.0M | ||
| Q4 24 | $102.8M | $115.2M | ||
| Q3 24 | $436.5M | $196.1M | ||
| Q2 24 | $710.9M | $21.8M | ||
| Q1 24 | $82.5M | $-125.1M |
| Q4 25 | $611.7M | $234.3M | ||
| Q3 25 | $442.1M | $225.0M | ||
| Q2 25 | $205.6M | $300.0K | ||
| Q1 25 | $339.0M | $-166.6M | ||
| Q4 24 | $34.8M | $105.9M | ||
| Q3 24 | $389.4M | $186.7M | ||
| Q2 24 | $655.5M | $10.0M | ||
| Q1 24 | $31.7M | $-135.6M |
| Q4 25 | 18.3% | 8.0% | ||
| Q3 25 | 13.7% | 8.6% | ||
| Q2 25 | 6.5% | 0.0% | ||
| Q1 25 | 11.0% | -7.3% | ||
| Q4 24 | 1.1% | 4.0% | ||
| Q3 24 | 13.1% | 8.0% | ||
| Q2 24 | 22.4% | 0.4% | ||
| Q1 24 | 1.1% | -6.2% |
| Q4 25 | 1.8% | 0.8% | ||
| Q3 25 | 1.9% | 0.4% | ||
| Q2 25 | 1.9% | 0.4% | ||
| Q1 25 | 1.7% | 0.2% | ||
| Q4 24 | 2.2% | 0.4% | ||
| Q3 24 | 1.6% | 0.4% | ||
| Q2 24 | 1.9% | 0.5% | ||
| Q1 24 | 1.8% | 0.5% |
| Q4 25 | 2.98× | — | ||
| Q3 25 | 1.90× | 4.58× | ||
| Q2 25 | 1.13× | 0.17× | ||
| Q1 25 | 2.68× | -85.26× | ||
| Q4 24 | 0.51× | 1.02× | ||
| Q3 24 | 3.26× | 5.82× | ||
| Q2 24 | 3.77× | 1.61× | ||
| Q1 24 | 0.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIZ
| Global Lifestyle | $2.6B | 78% |
| Global Housing | $749.1M | 22% |
| Service Contracts And Sales | $34.5M | 1% |
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |
