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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and Fidelity National Information Services (FIS). Click either name above to swap in a different company.

Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $2.8B, roughly 1.0× Fidelity National Information Services). Fidelity National Information Services runs the higher net margin — 18.2% vs -0.8%, a 18.9% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 8.1%). Fidelity National Information Services produced more free cash flow last quarter ($739.0M vs $234.3M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 6.8%).

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.

Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.

CWK vs FIS — Head-to-Head

Bigger by revenue
CWK
CWK
1.0× larger
CWK
$2.9B
$2.8B
FIS
Growing faster (revenue YoY)
CWK
CWK
+2.7% gap
CWK
10.8%
8.1%
FIS
Higher net margin
FIS
FIS
18.9% more per $
FIS
18.2%
-0.8%
CWK
More free cash flow
FIS
FIS
$504.7M more FCF
FIS
$739.0M
$234.3M
CWK
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
6.8%
FIS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWK
CWK
FIS
FIS
Revenue
$2.9B
$2.8B
Net Profit
$-22.4M
$511.0M
Gross Margin
38.3%
Operating Margin
6.1%
18.8%
Net Margin
-0.8%
18.2%
Revenue YoY
10.8%
8.1%
Net Profit YoY
-119.8%
97.3%
EPS (diluted)
$-0.10
$0.98

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
CWK
CWK
FIS
FIS
Q4 25
$2.9B
$2.8B
Q3 25
$2.6B
$2.7B
Q2 25
$2.5B
$2.6B
Q1 25
$2.3B
$2.5B
Q4 24
$2.6B
$2.6B
Q3 24
$2.3B
$2.6B
Q2 24
$2.3B
$2.5B
Q1 24
$2.2B
$2.5B
Net Profit
CWK
CWK
FIS
FIS
Q4 25
$-22.4M
$511.0M
Q3 25
$51.4M
$264.0M
Q2 25
$57.3M
$-470.0M
Q1 25
$1.9M
$77.0M
Q4 24
$112.9M
$259.0M
Q3 24
$33.7M
$224.0M
Q2 24
$13.5M
$243.0M
Q1 24
$-28.8M
$724.0M
Gross Margin
CWK
CWK
FIS
FIS
Q4 25
38.3%
Q3 25
37.8%
Q2 25
36.4%
Q1 25
34.7%
Q4 24
36.9%
Q3 24
38.0%
Q2 24
38.2%
Q1 24
37.1%
Operating Margin
CWK
CWK
FIS
FIS
Q4 25
6.1%
18.8%
Q3 25
4.1%
16.8%
Q2 25
4.9%
15.6%
Q1 25
2.0%
13.7%
Q4 24
6.6%
18.5%
Q3 24
3.2%
19.1%
Q2 24
3.1%
15.2%
Q1 24
0.9%
14.6%
Net Margin
CWK
CWK
FIS
FIS
Q4 25
-0.8%
18.2%
Q3 25
2.0%
9.7%
Q2 25
2.3%
-18.0%
Q1 25
0.1%
3.0%
Q4 24
4.3%
10.0%
Q3 24
1.4%
8.7%
Q2 24
0.6%
9.8%
Q1 24
-1.3%
29.3%
EPS (diluted)
CWK
CWK
FIS
FIS
Q4 25
$-0.10
$0.98
Q3 25
$0.22
$0.50
Q2 25
$0.25
$-0.90
Q1 25
$0.01
$0.15
Q4 24
$0.49
$0.51
Q3 24
$0.14
$0.41
Q2 24
$0.06
$0.44
Q1 24
$-0.13
$1.25

Balance Sheet & Financial Strength

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

Metric
CWK
CWK
FIS
FIS
Cash + ST InvestmentsLiquidity on hand
$784.2M
$599.0M
Total DebtLower is stronger
$2.7B
$9.1B
Stockholders' EquityBook value
$2.0B
$13.9B
Total Assets
$7.7B
$33.5B
Debt / EquityLower = less leverage
1.40×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWK
CWK
FIS
FIS
Q4 25
$784.2M
$599.0M
Q3 25
$634.4M
$571.0M
Q2 25
$618.2M
$581.0M
Q1 25
$623.2M
$805.0M
Q4 24
$793.3M
$834.0M
Q3 24
$775.4M
$1.3B
Q2 24
$567.3M
$2.1B
Q1 24
$553.5M
$3.3B
Total Debt
CWK
CWK
FIS
FIS
Q4 25
$2.7B
$9.1B
Q3 25
$2.8B
$8.9B
Q2 25
$3.0B
$8.9B
Q1 25
$3.0B
$8.7B
Q4 24
$3.0B
$9.7B
Q3 24
$3.1B
$10.5B
Q2 24
$3.1B
$10.6B
Q1 24
$3.2B
$10.6B
Stockholders' Equity
CWK
CWK
FIS
FIS
Q4 25
$2.0B
$13.9B
Q3 25
$2.0B
$13.9B
Q2 25
$1.9B
$14.2B
Q1 25
$1.8B
$15.1B
Q4 24
$1.8B
$15.7B
Q3 24
$1.7B
$16.6B
Q2 24
$1.6B
$17.0B
Q1 24
$1.6B
$18.0B
Total Assets
CWK
CWK
FIS
FIS
Q4 25
$7.7B
$33.5B
Q3 25
$7.7B
$33.0B
Q2 25
$7.6B
$33.4B
Q1 25
$7.4B
$32.8B
Q4 24
$7.5B
$33.8B
Q3 24
$7.5B
$34.3B
Q2 24
$7.3B
$34.6B
Q1 24
$7.5B
$35.9B
Debt / Equity
CWK
CWK
FIS
FIS
Q4 25
1.40×
0.65×
Q3 25
1.45×
0.64×
Q2 25
1.57×
0.63×
Q1 25
1.70×
0.57×
Q4 24
1.73×
0.62×
Q3 24
1.81×
0.63×
Q2 24
1.91×
0.62×
Q1 24
1.96×
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CWK
CWK
FIS
FIS
Operating Cash FlowLast quarter
$257.3M
$758.0M
Free Cash FlowOCF − Capex
$234.3M
$739.0M
FCF MarginFCF / Revenue
8.0%
26.3%
Capex IntensityCapex / Revenue
0.8%
0.7%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$293.0M
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWK
CWK
FIS
FIS
Q4 25
$257.3M
$758.0M
Q3 25
$235.5M
$1.0B
Q2 25
$9.6M
$382.0M
Q1 25
$-162.0M
$457.0M
Q4 24
$115.2M
$782.0M
Q3 24
$196.1M
$641.0M
Q2 24
$21.8M
$546.0M
Q1 24
$-125.1M
$206.0M
Free Cash Flow
CWK
CWK
FIS
FIS
Q4 25
$234.3M
$739.0M
Q3 25
$225.0M
$952.0M
Q2 25
$300.0K
$343.0M
Q1 25
$-166.6M
$420.0M
Q4 24
$105.9M
$764.0M
Q3 24
$186.7M
$605.0M
Q2 24
$10.0M
$530.0M
Q1 24
$-135.6M
$179.0M
FCF Margin
CWK
CWK
FIS
FIS
Q4 25
8.0%
26.3%
Q3 25
8.6%
35.0%
Q2 25
0.0%
13.1%
Q1 25
-7.3%
16.6%
Q4 24
4.0%
29.4%
Q3 24
8.0%
23.5%
Q2 24
0.4%
21.3%
Q1 24
-6.2%
7.3%
Capex Intensity
CWK
CWK
FIS
FIS
Q4 25
0.8%
0.7%
Q3 25
0.4%
2.2%
Q2 25
0.4%
1.5%
Q1 25
0.2%
1.5%
Q4 24
0.4%
0.7%
Q3 24
0.4%
1.4%
Q2 24
0.5%
0.6%
Q1 24
0.5%
1.1%
Cash Conversion
CWK
CWK
FIS
FIS
Q4 25
1.48×
Q3 25
4.58×
3.83×
Q2 25
0.17×
Q1 25
-85.26×
5.94×
Q4 24
1.02×
3.02×
Q3 24
5.82×
2.86×
Q2 24
1.61×
2.25×
Q1 24
0.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CWK
CWK

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

FIS
FIS

Banking Solutions$1.6B57%
Other$701.0M25%
Capital Market Solutions$508.0M18%

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