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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and GRAPHIC PACKAGING HOLDING CO (GPK). Click either name above to swap in a different company.
Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $2.1B, roughly 1.4× GRAPHIC PACKAGING HOLDING CO). GRAPHIC PACKAGING HOLDING CO runs the higher net margin — 3.4% vs -0.8%, a 4.2% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 0.2%). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs -3.5%).
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.
Graphic Packaging International is a Fortune 500 corporation based in Atlanta, Georgia, United States. It designs and manufactures packaging solutions for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates paperboard mills in Kalamazoo, Michigan; Macon, Georgia; Middletown, Ohio; Prosperity, South Carolina; Texarkana, Texas; and West Monroe, Louisiana, that use recycled...
CWK vs GPK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $2.1B |
| Net Profit | $-22.4M | $71.0M |
| Gross Margin | — | 14.1% |
| Operating Margin | 6.1% | 7.4% |
| Net Margin | -0.8% | 3.4% |
| Revenue YoY | 10.8% | 0.2% |
| Net Profit YoY | -119.8% | -48.6% |
| EPS (diluted) | $-0.10 | $0.24 |
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 | $2.1B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.5B | $2.2B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.3B | $2.2B | ||
| Q2 24 | $2.3B | $2.2B | ||
| Q1 24 | $2.2B | $2.3B |
| Q4 25 | $-22.4M | $71.0M | ||
| Q3 25 | $51.4M | $142.0M | ||
| Q2 25 | $57.3M | $104.0M | ||
| Q1 25 | $1.9M | $127.0M | ||
| Q4 24 | $112.9M | $138.0M | ||
| Q3 24 | $33.7M | $165.0M | ||
| Q2 24 | $13.5M | $190.0M | ||
| Q1 24 | $-28.8M | $165.0M |
| Q4 25 | — | 14.1% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 18.7% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 21.2% | ||
| Q1 24 | — | 23.0% |
| Q4 25 | 6.1% | 7.4% | ||
| Q3 25 | 4.1% | 10.7% | ||
| Q2 25 | 4.9% | 8.8% | ||
| Q1 25 | 2.0% | 10.5% | ||
| Q4 24 | 6.6% | 11.4% | ||
| Q3 24 | 3.2% | 12.6% | ||
| Q2 24 | 3.1% | 14.5% | ||
| Q1 24 | 0.9% | 12.4% |
| Q4 25 | -0.8% | 3.4% | ||
| Q3 25 | 2.0% | 6.5% | ||
| Q2 25 | 2.3% | 4.7% | ||
| Q1 25 | 0.1% | 6.0% | ||
| Q4 24 | 4.3% | 6.6% | ||
| Q3 24 | 1.4% | 7.5% | ||
| Q2 24 | 0.6% | 8.5% | ||
| Q1 24 | -1.3% | 7.3% |
| Q4 25 | $-0.10 | $0.24 | ||
| Q3 25 | $0.22 | $0.48 | ||
| Q2 25 | $0.25 | $0.34 | ||
| Q1 25 | $0.01 | $0.42 | ||
| Q4 24 | $0.49 | $0.46 | ||
| Q3 24 | $0.14 | $0.55 | ||
| Q2 24 | $0.06 | $0.62 | ||
| Q1 24 | $-0.13 | $0.53 |
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 | $261.0M |
| Total DebtLower is stronger | $2.7B | $5.0B |
| Stockholders' EquityBook value | $2.0B | $3.3B |
| Total Assets | $7.7B | $11.8B |
| Debt / EquityLower = less leverage | 1.40× | 1.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $784.2M | $261.0M | ||
| Q3 25 | $634.4M | $120.0M | ||
| Q2 25 | $618.2M | $120.0M | ||
| Q1 25 | $623.2M | $129.0M | ||
| Q4 24 | $793.3M | $157.0M | ||
| Q3 24 | $775.4M | $126.0M | ||
| Q2 24 | $567.3M | $125.0M | ||
| Q1 24 | $553.5M | $136.0M |
| Q4 25 | $2.7B | $5.0B | ||
| Q3 25 | $2.8B | $5.5B | ||
| Q2 25 | $3.0B | $5.4B | ||
| Q1 25 | $3.0B | $5.7B | ||
| Q4 24 | $3.0B | $5.1B | ||
| Q3 24 | $3.1B | $5.4B | ||
| Q2 24 | $3.1B | $4.9B | ||
| Q1 24 | $3.2B | $4.9B |
| Q4 25 | $2.0B | $3.3B | ||
| Q3 25 | $2.0B | $3.3B | ||
| Q2 25 | $1.9B | $3.2B | ||
| Q1 25 | $1.8B | $3.2B | ||
| Q4 24 | $1.8B | $3.0B | ||
| Q3 24 | $1.7B | $3.0B | ||
| Q2 24 | $1.6B | $2.8B | ||
| Q1 24 | $1.6B | $2.9B |
| Q4 25 | $7.7B | $11.8B | ||
| Q3 25 | $7.7B | $11.9B | ||
| Q2 25 | $7.6B | $11.8B | ||
| Q1 25 | $7.4B | $11.5B | ||
| Q4 24 | $7.5B | $11.1B | ||
| Q3 24 | $7.5B | $11.2B | ||
| Q2 24 | $7.3B | $10.8B | ||
| Q1 24 | $7.5B | $11.3B |
| Q4 25 | 1.40× | 1.51× | ||
| Q3 25 | 1.45× | 1.67× | ||
| Q2 25 | 1.57× | 1.68× | ||
| Q1 25 | 1.70× | 1.80× | ||
| Q4 24 | 1.73× | 1.71× | ||
| Q3 24 | 1.81× | 1.79× | ||
| Q2 24 | 1.91× | 1.75× | ||
| Q1 24 | 1.96× | 1.73× |
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 | $521.0M |
| Free Cash FlowOCF − Capex | $234.3M | — |
| FCF MarginFCF / Revenue | 8.0% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | — | 7.34× |
| TTM Free Cash FlowTrailing 4 quarters | $293.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $257.3M | $521.0M | ||
| Q3 25 | $235.5M | $227.0M | ||
| Q2 25 | $9.6M | $267.0M | ||
| Q1 25 | $-162.0M | $-174.0M | ||
| Q4 24 | $115.2M | $489.0M | ||
| Q3 24 | $196.1M | $187.0M | ||
| Q2 24 | $21.8M | $161.0M | ||
| Q1 24 | $-125.1M | $3.0M |
| 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 24 | $-135.6M | — |
| 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 24 | -6.2% | — |
| 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 24 | 0.5% | — |
| Q4 25 | — | 7.34× | ||
| Q3 25 | 4.58× | 1.60× | ||
| Q2 25 | 0.17× | 2.57× | ||
| Q1 25 | -85.26× | -1.37× | ||
| Q4 24 | 1.02× | 3.54× | ||
| Q3 24 | 5.82× | 1.13× | ||
| Q2 24 | 1.61× | 0.85× | ||
| Q1 24 | — | 0.02× |
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% |
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
