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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and Urban Edge Properties (UE). Click either name above to swap in a different company.

Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.9B vs $119.6M, roughly 24.4× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 10.4% vs -0.8%, a 11.2% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 2.7%). Cushman & Wakefield Ltd. produced more free cash flow last quarter ($234.3M vs $24.2M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 4.4%).

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.

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.

CWK vs UE — Head-to-Head

Bigger by revenue
CWK
CWK
24.4× larger
CWK
$2.9B
$119.6M
UE
Growing faster (revenue YoY)
CWK
CWK
+8.1% gap
CWK
10.8%
2.7%
UE
Higher net margin
UE
UE
11.2% more per $
UE
10.4%
-0.8%
CWK
More free cash flow
CWK
CWK
$210.1M more FCF
CWK
$234.3M
$24.2M
UE
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
4.4%
UE

Income Statement — Q4 2025 vs Q4 2025

Metric
CWK
CWK
UE
UE
Revenue
$2.9B
$119.6M
Net Profit
$-22.4M
$12.4M
Gross Margin
Operating Margin
6.1%
11.3%
Net Margin
-0.8%
10.4%
Revenue YoY
10.8%
2.7%
Net Profit YoY
-119.8%
-58.8%
EPS (diluted)
$-0.10
$0.09

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
UE
UE
Q4 25
$2.9B
$119.6M
Q3 25
$2.6B
$120.1M
Q2 25
$2.5B
$114.1M
Q1 25
$2.3B
$118.2M
Q4 24
$2.6B
$116.4M
Q3 24
$2.3B
$112.4M
Q2 24
$2.3B
$106.5M
Q1 24
$2.2B
$109.6M
Net Profit
CWK
CWK
UE
UE
Q4 25
$-22.4M
$12.4M
Q3 25
$51.4M
$14.9M
Q2 25
$57.3M
$58.0M
Q1 25
$1.9M
$8.2M
Q4 24
$112.9M
$30.1M
Q3 24
$33.7M
$9.1M
Q2 24
$13.5M
$30.8M
Q1 24
$-28.8M
$2.6M
Operating Margin
CWK
CWK
UE
UE
Q4 25
6.1%
11.3%
Q3 25
4.1%
13.4%
Q2 25
4.9%
53.9%
Q1 25
2.0%
7.6%
Q4 24
6.6%
27.6%
Q3 24
3.2%
8.9%
Q2 24
3.1%
30.6%
Q1 24
0.9%
2.8%
Net Margin
CWK
CWK
UE
UE
Q4 25
-0.8%
10.4%
Q3 25
2.0%
12.4%
Q2 25
2.3%
50.8%
Q1 25
0.1%
6.9%
Q4 24
4.3%
25.9%
Q3 24
1.4%
8.1%
Q2 24
0.6%
28.9%
Q1 24
-1.3%
2.4%
EPS (diluted)
CWK
CWK
UE
UE
Q4 25
$-0.10
$0.09
Q3 25
$0.22
$0.12
Q2 25
$0.25
$0.46
Q1 25
$0.01
$0.07
Q4 24
$0.49
$0.25
Q3 24
$0.14
$0.07
Q2 24
$0.06
$0.26
Q1 24
$-0.13
$0.02

Balance Sheet & Financial Strength

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

Metric
CWK
CWK
UE
UE
Cash + ST InvestmentsLiquidity on hand
$784.2M
$48.9M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.0B
$1.4B
Total Assets
$7.7B
$3.3B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWK
CWK
UE
UE
Q4 25
$784.2M
$48.9M
Q3 25
$634.4M
$77.8M
Q2 25
$618.2M
$53.0M
Q1 25
$623.2M
$48.0M
Q4 24
$793.3M
$41.4M
Q3 24
$775.4M
$67.9M
Q2 24
$567.3M
$78.6M
Q1 24
$553.5M
$67.3M
Total Debt
CWK
CWK
UE
UE
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$3.1B
Q1 24
$3.2B
Stockholders' Equity
CWK
CWK
UE
UE
Q4 25
$2.0B
$1.4B
Q3 25
$2.0B
$1.4B
Q2 25
$1.9B
$1.4B
Q1 25
$1.8B
$1.4B
Q4 24
$1.8B
$1.4B
Q3 24
$1.7B
$1.3B
Q2 24
$1.6B
$1.3B
Q1 24
$1.6B
$1.2B
Total Assets
CWK
CWK
UE
UE
Q4 25
$7.7B
$3.3B
Q3 25
$7.7B
$3.3B
Q2 25
$7.6B
$3.3B
Q1 25
$7.4B
$3.3B
Q4 24
$7.5B
$3.3B
Q3 24
$7.5B
$3.2B
Q2 24
$7.3B
$3.2B
Q1 24
$7.5B
$3.2B
Debt / Equity
CWK
CWK
UE
UE
Q4 25
1.40×
Q3 25
1.45×
Q2 25
1.57×
Q1 25
1.70×
Q4 24
1.73×
Q3 24
1.81×
Q2 24
1.91×
Q1 24
1.96×

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
UE
UE
Operating Cash FlowLast quarter
$257.3M
$51.0M
Free Cash FlowOCF − Capex
$234.3M
$24.2M
FCF MarginFCF / Revenue
8.0%
20.2%
Capex IntensityCapex / Revenue
0.8%
22.4%
Cash ConversionOCF / Net Profit
4.10×
TTM Free Cash FlowTrailing 4 quarters
$293.0M
$81.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWK
CWK
UE
UE
Q4 25
$257.3M
$51.0M
Q3 25
$235.5M
$55.7M
Q2 25
$9.6M
$43.5M
Q1 25
$-162.0M
$32.6M
Q4 24
$115.2M
$52.4M
Q3 24
$196.1M
$36.6M
Q2 24
$21.8M
$41.2M
Q1 24
$-125.1M
$22.9M
Free Cash Flow
CWK
CWK
UE
UE
Q4 25
$234.3M
$24.2M
Q3 25
$225.0M
$26.1M
Q2 25
$300.0K
$19.6M
Q1 25
$-166.6M
$11.9M
Q4 24
$105.9M
$7.8M
Q3 24
$186.7M
$12.2M
Q2 24
$10.0M
$19.9M
Q1 24
$-135.6M
$2.7M
FCF Margin
CWK
CWK
UE
UE
Q4 25
8.0%
20.2%
Q3 25
8.6%
21.7%
Q2 25
0.0%
17.2%
Q1 25
-7.3%
10.0%
Q4 24
4.0%
6.7%
Q3 24
8.0%
10.8%
Q2 24
0.4%
18.6%
Q1 24
-6.2%
2.5%
Capex Intensity
CWK
CWK
UE
UE
Q4 25
0.8%
22.4%
Q3 25
0.4%
24.6%
Q2 25
0.4%
20.9%
Q1 25
0.2%
17.5%
Q4 24
0.4%
38.4%
Q3 24
0.4%
21.7%
Q2 24
0.5%
20.1%
Q1 24
0.5%
18.4%
Cash Conversion
CWK
CWK
UE
UE
Q4 25
4.10×
Q3 25
4.58×
3.73×
Q2 25
0.17×
0.75×
Q1 25
-85.26×
3.97×
Q4 24
1.02×
1.74×
Q3 24
5.82×
4.03×
Q2 24
1.61×
1.34×
Q1 24
8.81×

Financial Flow Comparison

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

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