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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and Delek US Holdings, Inc. (DK). Click either name above to swap in a different company.
Delek US Holdings, Inc. is the larger business by last-quarter revenue ($2.6B vs $2.5B, roughly 1.0× Cushman & Wakefield Ltd.). On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (11.0% vs -4.9%). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (5.3% CAGR vs -10.8%).
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.
Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.
CWK vs DK — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.5B | $2.6B |
| Net Profit | — | $-201.3M |
| Gross Margin | — | -5.8% |
| Operating Margin | 2.3% | — |
| Net Margin | — | -7.7% |
| Revenue YoY | 11.0% | -4.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.05 | $-3.34 |
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 | $2.5B | $2.6B | ||
| Q4 25 | $2.9B | $2.4B | ||
| Q3 25 | $2.6B | $2.9B | ||
| Q2 25 | $2.5B | $2.8B | ||
| Q1 25 | $2.3B | $2.6B | ||
| Q4 24 | $2.6B | $2.4B | ||
| Q3 24 | $2.3B | $3.0B | ||
| Q2 24 | $2.3B | $3.3B |
| Q1 26 | — | $-201.3M | ||
| Q4 25 | $-22.4M | $78.3M | ||
| Q3 25 | $51.4M | $178.0M | ||
| Q2 25 | $57.3M | $-106.4M | ||
| Q1 25 | $1.9M | $-172.7M | ||
| Q4 24 | $112.9M | $-413.8M | ||
| Q3 24 | $33.7M | $-76.8M | ||
| Q2 24 | $13.5M | $-37.2M |
| Q1 26 | — | -5.8% | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 13.8% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -2.4% | ||
| Q4 24 | — | -5.7% | ||
| Q3 24 | — | -0.7% | ||
| Q2 24 | — | 0.5% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | 6.1% | 6.8% | ||
| Q3 25 | 4.1% | 10.2% | ||
| Q2 25 | 4.9% | -1.2% | ||
| Q1 25 | 2.0% | -4.8% | ||
| Q4 24 | 6.6% | -17.0% | ||
| Q3 24 | 3.2% | -4.0% | ||
| Q2 24 | 3.1% | 0.1% |
| Q1 26 | — | -7.7% | ||
| Q4 25 | -0.8% | 3.2% | ||
| Q3 25 | 2.0% | 6.2% | ||
| Q2 25 | 2.3% | -3.8% | ||
| Q1 25 | 0.1% | -6.5% | ||
| Q4 24 | 4.3% | -17.4% | ||
| Q3 24 | 1.4% | -2.5% | ||
| Q2 24 | 0.6% | -1.1% |
| Q1 26 | $-0.05 | $-3.34 | ||
| Q4 25 | $-0.10 | $1.23 | ||
| Q3 25 | $0.22 | $2.93 | ||
| Q2 25 | $0.25 | $-1.76 | ||
| Q1 25 | $0.01 | $-2.78 | ||
| Q4 24 | $0.49 | $-6.48 | ||
| Q3 24 | $0.14 | $-1.20 | ||
| Q2 24 | $0.06 | $-0.58 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $600.6M | $624.1M |
| Total DebtLower is stronger | — | $3.2B |
| Stockholders' EquityBook value | $2.0B | $302.0M |
| Total Assets | $7.6B | $7.6B |
| Debt / EquityLower = less leverage | — | 10.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $600.6M | $624.1M | ||
| Q4 25 | $784.2M | $625.8M | ||
| Q3 25 | $634.4M | $630.9M | ||
| Q2 25 | $618.2M | $615.5M | ||
| Q1 25 | $623.2M | $623.8M | ||
| Q4 24 | $793.3M | $735.6M | ||
| Q3 24 | $775.4M | $1.0B | ||
| Q2 24 | $567.3M | $657.9M |
| Q1 26 | — | $3.2B | ||
| Q4 25 | $2.7B | $3.2B | ||
| Q3 25 | $2.8B | $3.2B | ||
| Q2 25 | $3.0B | $3.1B | ||
| Q1 25 | $3.0B | $3.0B | ||
| Q4 24 | $3.0B | $2.8B | ||
| Q3 24 | $3.1B | $2.8B | ||
| Q2 24 | $3.1B | $2.5B |
| Q1 26 | $2.0B | $302.0M | ||
| Q4 25 | $2.0B | $547.3M | ||
| Q3 25 | $2.0B | $444.8M | ||
| Q2 25 | $1.9B | $294.9M | ||
| Q1 25 | $1.8B | $429.4M | ||
| Q4 24 | $1.8B | $575.2M | ||
| Q3 24 | $1.7B | $875.4M | ||
| Q2 24 | $1.6B | $982.8M |
| Q1 26 | $7.6B | $7.6B | ||
| Q4 25 | $7.7B | $6.8B | ||
| Q3 25 | $7.7B | $7.1B | ||
| Q2 25 | $7.6B | $7.1B | ||
| Q1 25 | $7.4B | $6.9B | ||
| Q4 24 | $7.5B | $6.7B | ||
| Q3 24 | $7.5B | $7.0B | ||
| Q2 24 | $7.3B | $6.9B |
| Q1 26 | — | 10.54× | ||
| Q4 25 | 1.40× | 5.91× | ||
| Q3 25 | 1.45× | 7.14× | ||
| Q2 25 | 1.57× | 10.51× | ||
| Q1 25 | 1.70× | 7.07× | ||
| Q4 24 | 1.73× | 4.81× | ||
| Q3 24 | 1.81× | 3.19× | ||
| Q2 24 | 1.91× | 2.50× |
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 | $-243.5M | — |
| Free Cash FlowOCF − Capex | $-255.7M | — |
| FCF MarginFCF / Revenue | -10.1% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $203.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-243.5M | — | ||
| Q4 25 | $257.3M | $502.8M | ||
| Q3 25 | $235.5M | $44.0M | ||
| Q2 25 | $9.6M | $51.4M | ||
| Q1 25 | $-162.0M | $-62.4M | ||
| Q4 24 | $115.2M | $-163.5M | ||
| Q3 24 | $196.1M | $-21.6M | ||
| Q2 24 | $21.8M | $-48.4M |
| Q1 26 | $-255.7M | — | ||
| Q4 25 | $234.3M | $382.8M | ||
| Q3 25 | $225.0M | $-64.0M | ||
| Q2 25 | $300.0K | $-114.4M | ||
| Q1 25 | $-166.6M | $-198.1M | ||
| Q4 24 | $105.9M | $-354.0M | ||
| Q3 24 | $186.7M | $-140.6M | ||
| Q2 24 | $10.0M | $-128.3M |
| Q1 26 | -10.1% | — | ||
| Q4 25 | 8.0% | 15.8% | ||
| Q3 25 | 8.6% | -2.2% | ||
| Q2 25 | 0.0% | -4.1% | ||
| Q1 25 | -7.3% | -7.5% | ||
| Q4 24 | 4.0% | -14.9% | ||
| Q3 24 | 8.0% | -4.6% | ||
| Q2 24 | 0.4% | -3.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 4.9% | ||
| Q3 25 | 0.4% | 3.7% | ||
| Q2 25 | 0.4% | 6.0% | ||
| Q1 25 | 0.2% | 5.1% | ||
| Q4 24 | 0.4% | 8.0% | ||
| Q3 24 | 0.4% | 3.9% | ||
| Q2 24 | 0.5% | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.42× | ||
| Q3 25 | 4.58× | 0.25× | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | -85.26× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 5.82× | — | ||
| Q2 24 | 1.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CWK
| Services | $1.7B | 69% |
| Leasing | $497.7M | 20% |
| Capital markets | $181.6M | 7% |
| Valuation and other | $113.8M | 4% |
DK
Segment breakdown not available.
