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Side-by-side financial comparison of CVR ENERGY INC (CVI) and Cushman & Wakefield Ltd. (CWK). Click either name above to swap in a different company.

Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $1.8B, roughly 1.6× CVR ENERGY INC). Cushman & Wakefield Ltd. runs the higher net margin — -0.8% vs -6.1%, a 5.3% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs -7.0%). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs -1.4%).

CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.

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.

CVI vs CWK — Head-to-Head

Bigger by revenue
CWK
CWK
1.6× larger
CWK
$2.9B
$1.8B
CVI
Growing faster (revenue YoY)
CWK
CWK
+17.8% gap
CWK
10.8%
-7.0%
CVI
Higher net margin
CWK
CWK
5.3% more per $
CWK
-0.8%
-6.1%
CVI
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
-1.4%
CVI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVI
CVI
CWK
CWK
Revenue
$1.8B
$2.9B
Net Profit
$-110.0M
$-22.4M
Gross Margin
-3.1%
Operating Margin
-5.3%
6.1%
Net Margin
-6.1%
-0.8%
Revenue YoY
-7.0%
10.8%
Net Profit YoY
-492.9%
-119.8%
EPS (diluted)
$-1.09
$-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.

Revenue
CVI
CVI
CWK
CWK
Q4 25
$1.8B
$2.9B
Q3 25
$1.9B
$2.6B
Q2 25
$1.8B
$2.5B
Q1 25
$1.6B
$2.3B
Q4 24
$1.9B
$2.6B
Q3 24
$1.8B
$2.3B
Q2 24
$2.0B
$2.3B
Q1 24
$1.9B
$2.2B
Net Profit
CVI
CVI
CWK
CWK
Q4 25
$-110.0M
$-22.4M
Q3 25
$374.0M
$51.4M
Q2 25
$-114.0M
$57.3M
Q1 25
$-123.0M
$1.9M
Q4 24
$28.0M
$112.9M
Q3 24
$-124.0M
$33.7M
Q2 24
$21.0M
$13.5M
Q1 24
$82.0M
$-28.8M
Gross Margin
CVI
CVI
CWK
CWK
Q4 25
-3.1%
Q3 25
28.8%
Q2 25
-3.7%
Q1 25
-5.5%
Q4 24
3.0%
Q3 24
-3.9%
Q2 24
2.9%
Q1 24
8.6%
Operating Margin
CVI
CVI
CWK
CWK
Q4 25
-5.3%
6.1%
Q3 25
26.3%
4.1%
Q2 25
-5.8%
4.9%
Q1 25
-8.0%
2.0%
Q4 24
1.1%
6.6%
Q3 24
-6.2%
3.2%
Q2 24
1.4%
3.1%
Q1 24
6.6%
0.9%
Net Margin
CVI
CVI
CWK
CWK
Q4 25
-6.1%
-0.8%
Q3 25
19.2%
2.0%
Q2 25
-6.5%
2.3%
Q1 25
-7.5%
0.1%
Q4 24
1.4%
4.3%
Q3 24
-6.8%
1.4%
Q2 24
1.1%
0.6%
Q1 24
4.4%
-1.3%
EPS (diluted)
CVI
CVI
CWK
CWK
Q4 25
$-1.09
$-0.10
Q3 25
$3.72
$0.22
Q2 25
$-1.14
$0.25
Q1 25
$-1.22
$0.01
Q4 24
$0.28
$0.49
Q3 24
$-1.24
$0.14
Q2 24
$0.21
$0.06
Q1 24
$0.81
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVI
CVI
CWK
CWK
Cash + ST InvestmentsLiquidity on hand
$511.0M
$784.2M
Total DebtLower is stronger
$1.8B
$2.7B
Stockholders' EquityBook value
$730.0M
$2.0B
Total Assets
$3.7B
$7.7B
Debt / EquityLower = less leverage
2.40×
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
CWK
CWK
Q4 25
$511.0M
$784.2M
Q3 25
$670.0M
$634.4M
Q2 25
$596.0M
$618.2M
Q1 25
$695.0M
$623.2M
Q4 24
$987.0M
$793.3M
Q3 24
$534.0M
$775.4M
Q2 24
$586.0M
$567.3M
Q1 24
$644.0M
$553.5M
Total Debt
CVI
CVI
CWK
CWK
Q4 25
$1.8B
$2.7B
Q3 25
$1.8B
$2.8B
Q2 25
$1.8B
$3.0B
Q1 25
$1.9B
$3.0B
Q4 24
$1.9B
$3.0B
Q3 24
$1.6B
$3.1B
Q2 24
$1.6B
$3.1B
Q1 24
$1.6B
$3.2B
Stockholders' Equity
CVI
CVI
CWK
CWK
Q4 25
$730.0M
$2.0B
Q3 25
$840.0M
$2.0B
Q2 25
$466.0M
$1.9B
Q1 25
$580.0M
$1.8B
Q4 24
$703.0M
$1.8B
Q3 24
$675.0M
$1.7B
Q2 24
$849.0M
$1.6B
Q1 24
$879.0M
$1.6B
Total Assets
CVI
CVI
CWK
CWK
Q4 25
$3.7B
$7.7B
Q3 25
$4.0B
$7.7B
Q2 25
$4.0B
$7.6B
Q1 25
$4.3B
$7.4B
Q4 24
$4.3B
$7.5B
Q3 24
$3.9B
$7.5B
Q2 24
$4.0B
$7.3B
Q1 24
$4.1B
$7.5B
Debt / Equity
CVI
CVI
CWK
CWK
Q4 25
2.40×
1.40×
Q3 25
2.17×
1.45×
Q2 25
3.97×
1.57×
Q1 25
3.29×
1.70×
Q4 24
2.71×
1.73×
Q3 24
2.33×
1.81×
Q2 24
1.86×
1.91×
Q1 24
1.79×
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
CVI
CVI
CWK
CWK
Operating Cash FlowLast quarter
$0
$257.3M
Free Cash FlowOCF − Capex
$234.3M
FCF MarginFCF / Revenue
8.0%
Capex IntensityCapex / Revenue
3.0%
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$293.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
CWK
CWK
Q4 25
$0
$257.3M
Q3 25
$163.0M
$235.5M
Q2 25
$176.0M
$9.6M
Q1 25
$-195.0M
$-162.0M
Q4 24
$98.0M
$115.2M
Q3 24
$48.0M
$196.1M
Q2 24
$81.0M
$21.8M
Q1 24
$177.0M
$-125.1M
Free Cash Flow
CVI
CVI
CWK
CWK
Q4 25
$234.3M
Q3 25
$125.0M
$225.0M
Q2 25
$135.0M
$300.0K
Q1 25
$-246.0M
$-166.6M
Q4 24
$43.0M
$105.9M
Q3 24
$14.0M
$186.7M
Q2 24
$38.0M
$10.0M
Q1 24
$130.0M
$-135.6M
FCF Margin
CVI
CVI
CWK
CWK
Q4 25
8.0%
Q3 25
6.4%
8.6%
Q2 25
7.7%
0.0%
Q1 25
-14.9%
-7.3%
Q4 24
2.2%
4.0%
Q3 24
0.8%
8.0%
Q2 24
1.9%
0.4%
Q1 24
7.0%
-6.2%
Capex Intensity
CVI
CVI
CWK
CWK
Q4 25
3.0%
0.8%
Q3 25
2.0%
0.4%
Q2 25
2.3%
0.4%
Q1 25
3.1%
0.2%
Q4 24
2.8%
0.4%
Q3 24
1.9%
0.4%
Q2 24
2.2%
0.5%
Q1 24
2.5%
0.5%
Cash Conversion
CVI
CVI
CWK
CWK
Q4 25
Q3 25
0.44×
4.58×
Q2 25
0.17×
Q1 25
-85.26×
Q4 24
3.50×
1.02×
Q3 24
5.82×
Q2 24
3.86×
1.61×
Q1 24
2.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CVI
CVI

Petroleum Segment$1.6B91%
Product UAN$64.0M4%
Product Ammonia$51.0M3%
Renewables Diesel$27.0M1%
Product Urea Products$8.0M0%
Renewable Fuel Credits$7.0M0%

CWK
CWK

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$1.8B61%
Other$1.1B39%

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