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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and F&G Annuities & Life, Inc. (FG). Click either name above to swap in a different company.
Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.5B vs $1.8B, roughly 1.4× F&G Annuities & Life, Inc.). On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 11.0%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 5.3%).
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.
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
CWK vs FG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.5B | $1.8B |
| Net Profit | — | $128.0M |
| Gross Margin | — | — |
| Operating Margin | 2.3% | — |
| Net Margin | — | 7.3% |
| Revenue YoY | 11.0% | 13.2% |
| Net Profit YoY | — | -60.9% |
| EPS (diluted) | $-0.05 | $0.97 |
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 | — | ||
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $2.6B | $1.7B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $2.3B | $908.0M | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.3B | $1.4B | ||
| Q2 24 | $2.3B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $-22.4M | $128.0M | ||
| Q3 25 | $51.4M | $118.0M | ||
| Q2 25 | $57.3M | $40.0M | ||
| Q1 25 | $1.9M | $-21.0M | ||
| Q4 24 | $112.9M | $327.0M | ||
| Q3 24 | $33.7M | $-6.0M | ||
| Q2 24 | $13.5M | $203.0M |
| Q1 26 | 2.3% | — | ||
| Q4 25 | 6.1% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 4.9% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | -0.8% | 7.3% | ||
| Q3 25 | 2.0% | 7.0% | ||
| Q2 25 | 2.3% | 2.9% | ||
| Q1 25 | 0.1% | -2.3% | ||
| Q4 24 | 4.3% | 21.0% | ||
| Q3 24 | 1.4% | -0.4% | ||
| Q2 24 | 0.6% | 17.3% |
| Q1 26 | $-0.05 | — | ||
| Q4 25 | $-0.10 | $0.97 | ||
| Q3 25 | $0.22 | $0.85 | ||
| Q2 25 | $0.25 | $0.26 | ||
| Q1 25 | $0.01 | $-0.20 | ||
| Q4 24 | $0.49 | $2.53 | ||
| Q3 24 | $0.14 | $-0.08 | ||
| Q2 24 | $0.06 | $1.55 |
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 | $1.5B |
| Total DebtLower is stronger | — | $2.2B |
| Stockholders' EquityBook value | $2.0B | $4.8B |
| Total Assets | $7.6B | $98.4B |
| Debt / EquityLower = less leverage | — | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $600.6M | — | ||
| Q4 25 | $784.2M | $1.5B | ||
| Q3 25 | $634.4M | $2.2B | ||
| Q2 25 | $618.2M | $1.9B | ||
| Q1 25 | $623.2M | $3.3B | ||
| Q4 24 | $793.3M | $2.3B | ||
| Q3 24 | $775.4M | $3.5B | ||
| Q2 24 | $567.3M | $3.5B |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $2.2B | ||
| Q3 25 | $2.8B | $2.2B | ||
| Q2 25 | $3.0B | $2.2B | ||
| Q1 25 | $3.0B | $2.2B | ||
| Q4 24 | $3.0B | $2.2B | ||
| Q3 24 | $3.1B | $2.0B | ||
| Q2 24 | $3.1B | $2.0B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $4.8B | ||
| Q3 25 | $2.0B | $4.8B | ||
| Q2 25 | $1.9B | $4.4B | ||
| Q1 25 | $1.8B | $4.4B | ||
| Q4 24 | $1.8B | $4.0B | ||
| Q3 24 | $1.7B | $4.3B | ||
| Q2 24 | $1.6B | $3.7B |
| Q1 26 | $7.6B | — | ||
| Q4 25 | $7.7B | $98.4B | ||
| Q3 25 | $7.7B | $96.1B | ||
| Q2 25 | $7.6B | $91.8B | ||
| Q1 25 | $7.4B | $88.0B | ||
| Q4 24 | $7.5B | $85.0B | ||
| Q3 24 | $7.5B | $84.1B | ||
| Q2 24 | $7.3B | $78.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 0.47× | ||
| Q3 25 | 1.45× | 0.46× | ||
| Q2 25 | 1.57× | 0.50× | ||
| Q1 25 | 1.70× | 0.51× | ||
| Q4 24 | 1.73× | 0.55× | ||
| Q3 24 | 1.81× | 0.47× | ||
| Q2 24 | 1.91× | 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 | $-243.5M | $1.2B |
| Free Cash FlowOCF − Capex | $-255.7M | — |
| FCF MarginFCF / Revenue | -10.1% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | $203.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-243.5M | — | ||
| Q4 25 | $257.3M | $1.2B | ||
| Q3 25 | $235.5M | $937.0M | ||
| Q2 25 | $9.6M | $1.6B | ||
| Q1 25 | $-162.0M | $956.0M | ||
| Q4 24 | $115.2M | $1.3B | ||
| Q3 24 | $196.1M | $2.1B | ||
| Q2 24 | $21.8M | $1.1B |
| Q1 26 | $-255.7M | — | ||
| Q4 25 | $234.3M | — | ||
| Q3 25 | $225.0M | — | ||
| Q2 25 | $300.0K | — | ||
| Q1 25 | $-166.6M | — | ||
| Q4 24 | $105.9M | — | ||
| Q3 24 | $186.7M | — | ||
| Q2 24 | $10.0M | — |
| Q1 26 | -10.1% | — | ||
| Q4 25 | 8.0% | — | ||
| Q3 25 | 8.6% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | -7.3% | — | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 8.0% | — | ||
| Q2 24 | 0.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.13× | ||
| Q3 25 | 4.58× | 7.94× | ||
| Q2 25 | 0.17× | 40.50× | ||
| Q1 25 | -85.26× | — | ||
| Q4 24 | 1.02× | 4.04× | ||
| Q3 24 | 5.82× | — | ||
| Q2 24 | 1.61× | 5.20× |
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% |
FG
Segment breakdown not available.
