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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $2.9B, roughly 1.3× Cushman & Wakefield Ltd.). Stanley Black & Decker runs the higher net margin — 1.4% vs -0.8%, a 2.1% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 0.1%). Cushman & Wakefield Ltd. produced more free cash flow last quarter ($234.3M vs $155.3M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 0.3%).

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.

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

CWK vs SWK — Head-to-Head

Bigger by revenue
SWK
SWK
1.3× larger
SWK
$3.8B
$2.9B
CWK
Growing faster (revenue YoY)
CWK
CWK
+10.7% gap
CWK
10.8%
0.1%
SWK
Higher net margin
SWK
SWK
2.1% more per $
SWK
1.4%
-0.8%
CWK
More free cash flow
CWK
CWK
$79.0M more FCF
CWK
$234.3M
$155.3M
SWK
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
0.3%
SWK

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CWK
CWK
SWK
SWK
Revenue
$2.9B
$3.8B
Net Profit
$-22.4M
$51.4M
Gross Margin
31.4%
Operating Margin
6.1%
Net Margin
-0.8%
1.4%
Revenue YoY
10.8%
0.1%
Net Profit YoY
-119.8%
-43.6%
EPS (diluted)
$-0.10
$0.34

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
SWK
SWK
Q4 25
$2.9B
Q3 25
$2.6B
$3.8B
Q2 25
$2.5B
$3.9B
Q1 25
$2.3B
$3.7B
Q4 24
$2.6B
$3.7B
Q3 24
$2.3B
$3.8B
Q2 24
$2.3B
$4.0B
Q1 24
$2.2B
$3.9B
Net Profit
CWK
CWK
SWK
SWK
Q4 25
$-22.4M
Q3 25
$51.4M
$51.4M
Q2 25
$57.3M
$101.9M
Q1 25
$1.9M
$90.4M
Q4 24
$112.9M
$194.9M
Q3 24
$33.7M
$91.1M
Q2 24
$13.5M
$-11.2M
Q1 24
$-28.8M
$19.5M
Gross Margin
CWK
CWK
SWK
SWK
Q4 25
Q3 25
31.4%
Q2 25
27.0%
Q1 25
29.9%
Q4 24
30.8%
Q3 24
29.9%
Q2 24
28.4%
Q1 24
28.6%
Operating Margin
CWK
CWK
SWK
SWK
Q4 25
6.1%
Q3 25
4.1%
Q2 25
4.9%
Q1 25
2.0%
Q4 24
6.6%
3.4%
Q3 24
3.2%
10.6%
Q2 24
3.1%
9.5%
Q1 24
0.9%
8.3%
Net Margin
CWK
CWK
SWK
SWK
Q4 25
-0.8%
Q3 25
2.0%
1.4%
Q2 25
2.3%
2.6%
Q1 25
0.1%
2.4%
Q4 24
4.3%
5.2%
Q3 24
1.4%
2.4%
Q2 24
0.6%
-0.3%
Q1 24
-1.3%
0.5%
EPS (diluted)
CWK
CWK
SWK
SWK
Q4 25
$-0.10
Q3 25
$0.22
$0.34
Q2 25
$0.25
$0.67
Q1 25
$0.01
$0.60
Q4 24
$0.49
$1.29
Q3 24
$0.14
$0.60
Q2 24
$0.06
$-0.07
Q1 24
$-0.13
$0.13

Balance Sheet & Financial Strength

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

Metric
CWK
CWK
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$784.2M
$268.3M
Total DebtLower is stronger
$2.7B
$5.3B
Stockholders' EquityBook value
$2.0B
$9.0B
Total Assets
$7.7B
$21.8B
Debt / EquityLower = less leverage
1.40×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWK
CWK
SWK
SWK
Q4 25
$784.2M
Q3 25
$634.4M
$268.3M
Q2 25
$618.2M
$311.8M
Q1 25
$623.2M
$344.8M
Q4 24
$793.3M
$290.5M
Q3 24
$775.4M
$298.7M
Q2 24
$567.3M
$318.5M
Q1 24
$553.5M
$476.6M
Total Debt
CWK
CWK
SWK
SWK
Q4 25
$2.7B
Q3 25
$2.8B
$5.3B
Q2 25
$3.0B
$5.6B
Q1 25
$3.0B
$5.6B
Q4 24
$3.0B
$6.1B
Q3 24
$3.1B
$6.1B
Q2 24
$3.1B
$6.1B
Q1 24
$3.2B
$6.1B
Stockholders' Equity
CWK
CWK
SWK
SWK
Q4 25
$2.0B
Q3 25
$2.0B
$9.0B
Q2 25
$1.9B
$9.1B
Q1 25
$1.8B
$8.8B
Q4 24
$1.8B
$8.7B
Q3 24
$1.7B
$8.9B
Q2 24
$1.6B
$8.7B
Q1 24
$1.6B
$8.9B
Total Assets
CWK
CWK
SWK
SWK
Q4 25
$7.7B
Q3 25
$7.7B
$21.8B
Q2 25
$7.6B
$22.5B
Q1 25
$7.4B
$22.5B
Q4 24
$7.5B
$21.8B
Q3 24
$7.5B
$22.5B
Q2 24
$7.3B
$22.5B
Q1 24
$7.5B
$23.9B
Debt / Equity
CWK
CWK
SWK
SWK
Q4 25
1.40×
Q3 25
1.45×
0.59×
Q2 25
1.57×
0.62×
Q1 25
1.70×
0.63×
Q4 24
1.73×
0.70×
Q3 24
1.81×
0.69×
Q2 24
1.91×
0.70×
Q1 24
1.96×
0.69×

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
SWK
SWK
Operating Cash FlowLast quarter
$257.3M
$221.2M
Free Cash FlowOCF − Capex
$234.3M
$155.3M
FCF MarginFCF / Revenue
8.0%
4.1%
Capex IntensityCapex / Revenue
0.8%
1.8%
Cash ConversionOCF / Net Profit
4.30×
TTM Free Cash FlowTrailing 4 quarters
$293.0M
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWK
CWK
SWK
SWK
Q4 25
$257.3M
Q3 25
$235.5M
$221.2M
Q2 25
$9.6M
$214.3M
Q1 25
$-162.0M
$-420.0M
Q4 24
$115.2M
$679.1M
Q3 24
$196.1M
$285.8M
Q2 24
$21.8M
$573.0M
Q1 24
$-125.1M
$-431.0M
Free Cash Flow
CWK
CWK
SWK
SWK
Q4 25
$234.3M
Q3 25
$225.0M
$155.3M
Q2 25
$300.0K
$134.7M
Q1 25
$-166.6M
$-485.0M
Q4 24
$105.9M
$564.6M
Q3 24
$186.7M
$199.3M
Q2 24
$10.0M
$485.8M
Q1 24
$-135.6M
$-496.7M
FCF Margin
CWK
CWK
SWK
SWK
Q4 25
8.0%
Q3 25
8.6%
4.1%
Q2 25
0.0%
3.4%
Q1 25
-7.3%
-13.0%
Q4 24
4.0%
15.2%
Q3 24
8.0%
5.3%
Q2 24
0.4%
12.1%
Q1 24
-6.2%
-12.8%
Capex Intensity
CWK
CWK
SWK
SWK
Q4 25
0.8%
Q3 25
0.4%
1.8%
Q2 25
0.4%
2.0%
Q1 25
0.2%
1.7%
Q4 24
0.4%
3.1%
Q3 24
0.4%
2.3%
Q2 24
0.5%
2.2%
Q1 24
0.5%
1.7%
Cash Conversion
CWK
CWK
SWK
SWK
Q4 25
Q3 25
4.58×
4.30×
Q2 25
0.17×
2.10×
Q1 25
-85.26×
-4.65×
Q4 24
1.02×
3.48×
Q3 24
5.82×
3.14×
Q2 24
1.61×
Q1 24
-22.10×

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%

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

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