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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and Hubbell Incorporated (HUBB). Click either name above to swap in a different company.

Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $1.5B, roughly 2.0× Hubbell Incorporated). Hubbell Incorporated runs the higher net margin — 14.6% vs -0.8%, a 15.4% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs 10.8%). Hubbell Incorporated produced more free cash flow last quarter ($388.8M vs $234.3M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 3.3%).

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.

Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.

CWK vs HUBB — Head-to-Head

Bigger by revenue
CWK
CWK
2.0× larger
CWK
$2.9B
$1.5B
HUBB
Growing faster (revenue YoY)
HUBB
HUBB
+1.1% gap
HUBB
11.9%
10.8%
CWK
Higher net margin
HUBB
HUBB
15.4% more per $
HUBB
14.6%
-0.8%
CWK
More free cash flow
HUBB
HUBB
$154.5M more FCF
HUBB
$388.8M
$234.3M
CWK
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
3.3%
HUBB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWK
CWK
HUBB
HUBB
Revenue
$2.9B
$1.5B
Net Profit
$-22.4M
$217.7M
Gross Margin
34.6%
Operating Margin
6.1%
20.3%
Net Margin
-0.8%
14.6%
Revenue YoY
10.8%
11.9%
Net Profit YoY
-119.8%
10.5%
EPS (diluted)
$-0.10
$4.06

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
HUBB
HUBB
Q4 25
$2.9B
$1.5B
Q3 25
$2.6B
$1.5B
Q2 25
$2.5B
$1.5B
Q1 25
$2.3B
$1.4B
Q4 24
$2.6B
$1.3B
Q3 24
$2.3B
$1.4B
Q2 24
$2.3B
$1.5B
Q1 24
$2.2B
$1.4B
Net Profit
CWK
CWK
HUBB
HUBB
Q4 25
$-22.4M
$217.7M
Q3 25
$51.4M
$255.5M
Q2 25
$57.3M
$244.2M
Q1 25
$1.9M
$169.7M
Q4 24
$112.9M
$197.0M
Q3 24
$33.7M
$219.4M
Q2 24
$13.5M
$213.6M
Q1 24
$-28.8M
$147.8M
Gross Margin
CWK
CWK
HUBB
HUBB
Q4 25
34.6%
Q3 25
36.2%
Q2 25
37.2%
Q1 25
33.1%
Q4 24
33.8%
Q3 24
34.5%
Q2 24
35.0%
Q1 24
32.0%
Operating Margin
CWK
CWK
HUBB
HUBB
Q4 25
6.1%
20.3%
Q3 25
4.1%
22.0%
Q2 25
4.9%
22.7%
Q1 25
2.0%
17.5%
Q4 24
6.6%
19.3%
Q3 24
3.2%
21.1%
Q2 24
3.1%
20.7%
Q1 24
0.9%
16.3%
Net Margin
CWK
CWK
HUBB
HUBB
Q4 25
-0.8%
14.6%
Q3 25
2.0%
17.0%
Q2 25
2.3%
16.5%
Q1 25
0.1%
12.4%
Q4 24
4.3%
14.8%
Q3 24
1.4%
15.2%
Q2 24
0.6%
14.7%
Q1 24
-1.3%
10.6%
EPS (diluted)
CWK
CWK
HUBB
HUBB
Q4 25
$-0.10
$4.06
Q3 25
$0.22
$4.77
Q2 25
$0.25
$4.56
Q1 25
$0.01
$3.15
Q4 24
$0.49
$3.65
Q3 24
$0.14
$4.05
Q2 24
$0.06
$3.94
Q1 24
$-0.13
$2.73

Balance Sheet & Financial Strength

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

Metric
CWK
CWK
HUBB
HUBB
Cash + ST InvestmentsLiquidity on hand
$784.2M
$497.9M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.0B
$3.8B
Total Assets
$7.7B
$8.2B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWK
CWK
HUBB
HUBB
Q4 25
$784.2M
$497.9M
Q3 25
$634.4M
$680.9M
Q2 25
$618.2M
$399.6M
Q1 25
$623.2M
$360.3M
Q4 24
$793.3M
$345.0M
Q3 24
$775.4M
$445.6M
Q2 24
$567.3M
$406.5M
Q1 24
$553.5M
$400.3M
Total Debt
CWK
CWK
HUBB
HUBB
Q4 25
$2.7B
Q3 25
$2.8B
$1.4B
Q2 25
$3.0B
$1.4B
Q1 25
$3.0B
$1.4B
Q4 24
$3.0B
$1.4B
Q3 24
$3.1B
$1.7B
Q2 24
$3.1B
$1.9B
Q1 24
$3.2B
$1.9B
Stockholders' Equity
CWK
CWK
HUBB
HUBB
Q4 25
$2.0B
$3.8B
Q3 25
$2.0B
$3.7B
Q2 25
$1.9B
$3.5B
Q1 25
$1.8B
$3.3B
Q4 24
$1.8B
$3.3B
Q3 24
$1.7B
$3.2B
Q2 24
$1.6B
$3.1B
Q1 24
$1.6B
$2.9B
Total Assets
CWK
CWK
HUBB
HUBB
Q4 25
$7.7B
$8.2B
Q3 25
$7.7B
$7.5B
Q2 25
$7.6B
$7.1B
Q1 25
$7.4B
$6.9B
Q4 24
$7.5B
$6.7B
Q3 24
$7.5B
$6.9B
Q2 24
$7.3B
$6.9B
Q1 24
$7.5B
$6.9B
Debt / Equity
CWK
CWK
HUBB
HUBB
Q4 25
1.40×
Q3 25
1.45×
0.39×
Q2 25
1.57×
0.41×
Q1 25
1.70×
0.44×
Q4 24
1.73×
0.44×
Q3 24
1.81×
0.51×
Q2 24
1.91×
0.63×
Q1 24
1.96×
0.65×

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
HUBB
HUBB
Operating Cash FlowLast quarter
$257.3M
$447.5M
Free Cash FlowOCF − Capex
$234.3M
$388.8M
FCF MarginFCF / Revenue
8.0%
26.0%
Capex IntensityCapex / Revenue
0.8%
3.9%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$293.0M
$874.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWK
CWK
HUBB
HUBB
Q4 25
$257.3M
$447.5M
Q3 25
$235.5M
$284.3M
Q2 25
$9.6M
$260.6M
Q1 25
$-162.0M
$37.4M
Q4 24
$115.2M
$432.4M
Q3 24
$196.1M
$227.0M
Q2 24
$21.8M
$239.6M
Q1 24
$-125.1M
$92.2M
Free Cash Flow
CWK
CWK
HUBB
HUBB
Q4 25
$234.3M
$388.8M
Q3 25
$225.0M
$253.8M
Q2 25
$300.0K
$220.7M
Q1 25
$-166.6M
$11.4M
Q4 24
$105.9M
$364.4M
Q3 24
$186.7M
$188.8M
Q2 24
$10.0M
$205.7M
Q1 24
$-135.6M
$51.9M
FCF Margin
CWK
CWK
HUBB
HUBB
Q4 25
8.0%
26.0%
Q3 25
8.6%
16.9%
Q2 25
0.0%
14.9%
Q1 25
-7.3%
0.8%
Q4 24
4.0%
27.3%
Q3 24
8.0%
13.1%
Q2 24
0.4%
14.2%
Q1 24
-6.2%
3.7%
Capex Intensity
CWK
CWK
HUBB
HUBB
Q4 25
0.8%
3.9%
Q3 25
0.4%
2.0%
Q2 25
0.4%
2.7%
Q1 25
0.2%
1.9%
Q4 24
0.4%
5.1%
Q3 24
0.4%
2.6%
Q2 24
0.5%
2.3%
Q1 24
0.5%
2.9%
Cash Conversion
CWK
CWK
HUBB
HUBB
Q4 25
2.06×
Q3 25
4.58×
1.11×
Q2 25
0.17×
1.07×
Q1 25
-85.26×
0.22×
Q4 24
1.02×
2.19×
Q3 24
5.82×
1.03×
Q2 24
1.61×
1.12×
Q1 24
0.62×

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%

HUBB
HUBB

Grid Infrastructure$717.0M48%
Industrial$393.7M26%
Grid Automation$218.9M15%
Electrical Products$163.1M11%

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