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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and Freeport-McMoRan (FCX). Click either name above to swap in a different company.
Freeport-McMoRan is the larger business by last-quarter revenue ($5.3B vs $2.9B, roughly 1.8× Cushman & Wakefield Ltd.). Freeport-McMoRan runs the higher net margin — 10.7% vs -0.8%, a 11.5% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs -10.4%). Cushman & Wakefield Ltd. produced more free cash flow last quarter ($234.3M vs $-312.0M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs -7.9%).
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.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
CWK vs FCX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $5.3B |
| Net Profit | $-22.4M | $565.0M |
| Gross Margin | — | 12.4% |
| Operating Margin | 6.1% | 15.4% |
| Net Margin | -0.8% | 10.7% |
| Revenue YoY | 10.8% | -10.4% |
| Net Profit YoY | -119.8% | -21.6% |
| EPS (diluted) | $-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 | $2.9B | $5.3B | ||
| Q3 25 | $2.6B | $6.8B | ||
| Q2 25 | $2.5B | $7.5B | ||
| Q1 25 | $2.3B | $5.6B | ||
| Q4 24 | $2.6B | $5.9B | ||
| Q3 24 | $2.3B | $6.7B | ||
| Q2 24 | $2.3B | $6.4B | ||
| Q1 24 | $2.2B | $6.2B |
| Q4 25 | $-22.4M | $565.0M | ||
| Q3 25 | $51.4M | $1.2B | ||
| Q2 25 | $57.3M | $1.5B | ||
| Q1 25 | $1.9M | $793.0M | ||
| Q4 24 | $112.9M | $721.0M | ||
| Q3 24 | $33.7M | $1.2B | ||
| Q2 24 | $13.5M | $1.3B | ||
| Q1 24 | $-28.8M | $1.2B |
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 29.2% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | — | 30.0% | ||
| Q2 24 | — | 31.5% | ||
| Q1 24 | — | 28.5% |
| Q4 25 | 6.1% | 15.4% | ||
| Q3 25 | 4.1% | 28.9% | ||
| Q2 25 | 4.9% | 32.3% | ||
| Q1 25 | 2.0% | 23.4% | ||
| Q4 24 | 6.6% | 21.1% | ||
| Q3 24 | 3.2% | 29.0% | ||
| Q2 24 | 3.1% | 32.0% | ||
| Q1 24 | 0.9% | 26.3% |
| Q4 25 | -0.8% | 10.7% | ||
| Q3 25 | 2.0% | 18.3% | ||
| Q2 25 | 2.3% | 20.6% | ||
| Q1 25 | 0.1% | 14.2% | ||
| Q4 24 | 4.3% | 12.3% | ||
| Q3 24 | 1.4% | 18.5% | ||
| Q2 24 | 0.6% | 20.0% | ||
| Q1 24 | -1.3% | 18.7% |
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $0.22 | $0.46 | ||
| Q2 25 | $0.25 | $0.53 | ||
| Q1 25 | $0.01 | $0.24 | ||
| Q4 24 | $0.49 | — | ||
| Q3 24 | $0.14 | $0.36 | ||
| Q2 24 | $0.06 | $0.42 | ||
| Q1 24 | $-0.13 | $0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $784.2M | $3.8B |
| Total DebtLower is stronger | $2.7B | $9.4B |
| Stockholders' EquityBook value | $2.0B | $18.9B |
| Total Assets | $7.7B | $58.2B |
| Debt / EquityLower = less leverage | 1.40× | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $784.2M | $3.8B | ||
| Q3 25 | $634.4M | $4.3B | ||
| Q2 25 | $618.2M | $4.5B | ||
| Q1 25 | $623.2M | $4.4B | ||
| Q4 24 | $793.3M | $3.9B | ||
| Q3 24 | $775.4M | $5.0B | ||
| Q2 24 | $567.3M | $5.3B | ||
| Q1 24 | $553.5M | $5.2B |
| Q4 25 | $2.7B | $9.4B | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | $9.4B | ||
| Q4 24 | $3.0B | $8.9B | ||
| Q3 24 | $3.1B | $9.7B | ||
| Q2 24 | $3.1B | $9.4B | ||
| Q1 24 | $3.2B | $9.4B |
| Q4 25 | $2.0B | $18.9B | ||
| Q3 25 | $2.0B | $18.7B | ||
| Q2 25 | $1.9B | $18.2B | ||
| Q1 25 | $1.8B | $17.7B | ||
| Q4 24 | $1.8B | $17.6B | ||
| Q3 24 | $1.7B | $17.5B | ||
| Q2 24 | $1.6B | $17.4B | ||
| Q1 24 | $1.6B | $17.0B |
| Q4 25 | $7.7B | $58.2B | ||
| Q3 25 | $7.7B | $56.8B | ||
| Q2 25 | $7.6B | $56.5B | ||
| Q1 25 | $7.4B | $56.0B | ||
| Q4 24 | $7.5B | $54.8B | ||
| Q3 24 | $7.5B | $55.4B | ||
| Q2 24 | $7.3B | $54.6B | ||
| Q1 24 | $7.5B | $54.2B |
| Q4 25 | 1.40× | 0.50× | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.70× | 0.53× | ||
| Q4 24 | 1.73× | 0.51× | ||
| Q3 24 | 1.81× | 0.55× | ||
| Q2 24 | 1.91× | 0.54× | ||
| Q1 24 | 1.96× | 0.56× |
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 | $257.3M | $693.0M |
| Free Cash FlowOCF − Capex | $234.3M | $-312.0M |
| FCF MarginFCF / Revenue | 8.0% | -5.9% |
| Capex IntensityCapex / Revenue | 0.8% | 19.1% |
| Cash ConversionOCF / Net Profit | — | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | $293.0M | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $257.3M | $693.0M | ||
| Q3 25 | $235.5M | $1.7B | ||
| Q2 25 | $9.6M | $2.2B | ||
| Q1 25 | $-162.0M | $1.1B | ||
| Q4 24 | $115.2M | $1.4B | ||
| Q3 24 | $196.1M | $1.9B | ||
| Q2 24 | $21.8M | $2.0B | ||
| Q1 24 | $-125.1M | $1.9B |
| Q4 25 | $234.3M | $-312.0M | ||
| Q3 25 | $225.0M | $608.0M | ||
| Q2 25 | $300.0K | $934.0M | ||
| Q1 25 | $-166.6M | $-114.0M | ||
| Q4 24 | $105.9M | $197.0M | ||
| Q3 24 | $186.7M | $673.0M | ||
| Q2 24 | $10.0M | $840.0M | ||
| Q1 24 | $-135.6M | $642.0M |
| Q4 25 | 8.0% | -5.9% | ||
| Q3 25 | 8.6% | 8.9% | ||
| Q2 25 | 0.0% | 12.4% | ||
| Q1 25 | -7.3% | -2.0% | ||
| Q4 24 | 4.0% | 3.4% | ||
| Q3 24 | 8.0% | 10.1% | ||
| Q2 24 | 0.4% | 13.1% | ||
| Q1 24 | -6.2% | 10.3% |
| Q4 25 | 0.8% | 19.1% | ||
| Q3 25 | 0.4% | 15.5% | ||
| Q2 25 | 0.4% | 16.8% | ||
| Q1 25 | 0.2% | 21.0% | ||
| Q4 24 | 0.4% | 21.1% | ||
| Q3 24 | 0.4% | 17.9% | ||
| Q2 24 | 0.5% | 17.4% | ||
| Q1 24 | 0.5% | 20.2% |
| Q4 25 | — | 1.23× | ||
| Q3 25 | 4.58× | 1.33× | ||
| Q2 25 | 0.17× | 1.42× | ||
| Q1 25 | -85.26× | 1.33× | ||
| Q4 24 | 1.02× | 1.99× | ||
| Q3 24 | 5.82× | 1.51× | ||
| Q2 24 | 1.61× | 1.53× | ||
| Q1 24 | — | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
