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

Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $2.7B, roughly 1.1× OSHKOSH CORP). OSHKOSH CORP runs the higher net margin — 5.0% vs -0.8%, a 5.7% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 3.5%). OSHKOSH CORP produced more free cash flow last quarter ($540.3M vs $234.3M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 2.8%).

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.

Oshkosh Corporation, formerly Oshkosh Truck, is an American industrial company that designs and builds specialty trucks, military vehicles, truck bodies, airport fire apparatus, and access equipment. The corporation also owns Pierce Manufacturing, a fire apparatus manufacturer in Appleton, Wisconsin, and JLG Industries, a manufacturer of lift equipment, including aerial lifts, boom lifts, scissor lifts, telehandlers and low-level access lifts.

CWK vs OSK — Head-to-Head

Bigger by revenue
CWK
CWK
1.1× larger
CWK
$2.9B
$2.7B
OSK
Growing faster (revenue YoY)
CWK
CWK
+7.3% gap
CWK
10.8%
3.5%
OSK
Higher net margin
OSK
OSK
5.7% more per $
OSK
5.0%
-0.8%
CWK
More free cash flow
OSK
OSK
$306.0M more FCF
OSK
$540.3M
$234.3M
CWK
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
2.8%
OSK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWK
CWK
OSK
OSK
Revenue
$2.9B
$2.7B
Net Profit
$-22.4M
$133.8M
Gross Margin
15.8%
Operating Margin
6.1%
7.9%
Net Margin
-0.8%
5.0%
Revenue YoY
10.8%
3.5%
Net Profit YoY
-119.8%
-12.6%
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.

Revenue
CWK
CWK
OSK
OSK
Q4 25
$2.9B
$2.7B
Q3 25
$2.6B
$2.7B
Q2 25
$2.5B
$2.7B
Q1 25
$2.3B
$2.3B
Q4 24
$2.6B
$2.6B
Q3 24
$2.3B
$2.7B
Q2 24
$2.3B
$2.8B
Q1 24
$2.2B
$2.5B
Net Profit
CWK
CWK
OSK
OSK
Q4 25
$-22.4M
$133.8M
Q3 25
$51.4M
$196.2M
Q2 25
$57.3M
$204.8M
Q1 25
$1.9M
$112.2M
Q4 24
$112.9M
$153.1M
Q3 24
$33.7M
$180.3M
Q2 24
$13.5M
$168.6M
Q1 24
$-28.8M
$179.4M
Gross Margin
CWK
CWK
OSK
OSK
Q4 25
15.8%
Q3 25
17.5%
Q2 25
19.2%
Q1 25
17.3%
Q4 24
17.2%
Q3 24
18.5%
Q2 24
19.2%
Q1 24
18.5%
Operating Margin
CWK
CWK
OSK
OSK
Q4 25
6.1%
7.9%
Q3 25
4.1%
9.7%
Q2 25
4.9%
10.7%
Q1 25
2.0%
7.6%
Q4 24
6.6%
8.6%
Q3 24
3.2%
9.7%
Q2 24
3.1%
9.2%
Q1 24
0.9%
10.2%
Net Margin
CWK
CWK
OSK
OSK
Q4 25
-0.8%
5.0%
Q3 25
2.0%
7.3%
Q2 25
2.3%
7.5%
Q1 25
0.1%
4.9%
Q4 24
4.3%
5.9%
Q3 24
1.4%
6.6%
Q2 24
0.6%
5.9%
Q1 24
-1.3%
7.1%
EPS (diluted)
CWK
CWK
OSK
OSK
Q4 25
$-0.10
Q3 25
$0.22
Q2 25
$0.25
Q1 25
$0.01
Q4 24
$0.49
Q3 24
$0.14
Q2 24
$0.06
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
CWK
CWK
OSK
OSK
Cash + ST InvestmentsLiquidity on hand
$784.2M
$479.8M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.0B
$4.5B
Total Assets
$7.7B
$10.1B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWK
CWK
OSK
OSK
Q4 25
$784.2M
$479.8M
Q3 25
$634.4M
$211.8M
Q2 25
$618.2M
$191.7M
Q1 25
$623.2M
$210.3M
Q4 24
$793.3M
$204.9M
Q3 24
$775.4M
$160.9M
Q2 24
$567.3M
$141.4M
Q1 24
$553.5M
$69.9M
Total Debt
CWK
CWK
OSK
OSK
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.1B
$602.3M
Q2 24
$3.1B
$599.1M
Q1 24
$3.2B
$598.9M
Stockholders' Equity
CWK
CWK
OSK
OSK
Q4 25
$2.0B
$4.5B
Q3 25
$2.0B
$4.5B
Q2 25
$1.9B
$4.5B
Q1 25
$1.8B
$4.2B
Q4 24
$1.8B
$4.2B
Q3 24
$1.7B
$4.1B
Q2 24
$1.6B
$3.9B
Q1 24
$1.6B
$3.8B
Total Assets
CWK
CWK
OSK
OSK
Q4 25
$7.7B
$10.1B
Q3 25
$7.7B
$9.8B
Q2 25
$7.6B
$10.0B
Q1 25
$7.4B
$9.8B
Q4 24
$7.5B
$9.4B
Q3 24
$7.5B
$9.9B
Q2 24
$7.3B
$9.7B
Q1 24
$7.5B
$9.5B
Debt / Equity
CWK
CWK
OSK
OSK
Q4 25
1.40×
Q3 25
1.45×
Q2 25
1.57×
Q1 25
1.70×
Q4 24
1.73×
Q3 24
1.81×
0.15×
Q2 24
1.91×
0.15×
Q1 24
1.96×
0.16×

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
OSK
OSK
Operating Cash FlowLast quarter
$257.3M
$600.1M
Free Cash FlowOCF − Capex
$234.3M
$540.3M
FCF MarginFCF / Revenue
8.0%
20.1%
Capex IntensityCapex / Revenue
0.8%
2.2%
Cash ConversionOCF / Net Profit
4.49×
TTM Free Cash FlowTrailing 4 quarters
$293.0M
$618.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWK
CWK
OSK
OSK
Q4 25
$257.3M
$600.1M
Q3 25
$235.5M
$489.0M
Q2 25
$9.6M
$89.2M
Q1 25
$-162.0M
$-394.9M
Q4 24
$115.2M
$790.8M
Q3 24
$196.1M
$326.1M
Q2 24
$21.8M
$-211.0M
Q1 24
$-125.1M
$-355.8M
Free Cash Flow
CWK
CWK
OSK
OSK
Q4 25
$234.3M
$540.3M
Q3 25
$225.0M
$464.3M
Q2 25
$300.0K
$48.6M
Q1 25
$-166.6M
$-435.2M
Q4 24
$105.9M
$703.3M
Q3 24
$186.7M
$272.2M
Q2 24
$10.0M
$-250.5M
Q1 24
$-135.6M
$-455.9M
FCF Margin
CWK
CWK
OSK
OSK
Q4 25
8.0%
20.1%
Q3 25
8.6%
17.3%
Q2 25
0.0%
1.8%
Q1 25
-7.3%
-18.8%
Q4 24
4.0%
27.1%
Q3 24
8.0%
9.9%
Q2 24
0.4%
-8.8%
Q1 24
-6.2%
-17.9%
Capex Intensity
CWK
CWK
OSK
OSK
Q4 25
0.8%
2.2%
Q3 25
0.4%
0.9%
Q2 25
0.4%
1.5%
Q1 25
0.2%
1.7%
Q4 24
0.4%
3.4%
Q3 24
0.4%
2.0%
Q2 24
0.5%
1.4%
Q1 24
0.5%
3.9%
Cash Conversion
CWK
CWK
OSK
OSK
Q4 25
4.49×
Q3 25
4.58×
2.49×
Q2 25
0.17×
0.44×
Q1 25
-85.26×
-3.52×
Q4 24
1.02×
5.17×
Q3 24
5.82×
1.81×
Q2 24
1.61×
-1.25×
Q1 24
-1.98×

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%

OSK
OSK

Vocational Segment$922.4M34%
Aerial Works Platforms$548.6M20%
Other Access Equipment$311.8M12%
Telehandlers$311.2M12%
Airport Products$252.7M9%
Delivery Vehicles$165.0M6%
Other Vocational$130.7M5%
Transferred Over Time$23.5M1%

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