CoStar Group vs Cushman & Wakefield
Cushman & Wakefield reported revenue of $10.3 billion in fiscal 2025, 3.2 times CoStar Group's $3.2 billion in fiscal 2025. CoStar Group's revenue grew 18.7% in its latest year, and Cushman & Wakefield's grew 8.9%. CoStar Group had an operating margin of -2.2%, against 4.4% at Cushman & Wakefield. Free cash flow was $123 million at CoStar Group and $293 million at Cushman & Wakefield.
Side by side
| CoStar Group | Cushman & Wakefield | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.2B | $10.3B |
| Revenue growth | 18.7% | 8.9% |
| Revenue growth a year, last 5 years | 14.4% | 5.6% |
| Gross margin | 78.9% | — |
| Operating margin | −2.2% | 4.4% |
| Net margin | 0.2% | 0.9% |
| Free cash flow | $123M | $293M |
| Free cash flow margin | 3.8% | 2.9% |
| Return on capital | −0.6% | 8.8% |
| Net debt to EBITDA | −3.3x | 3.6x |
| Dividends and buybacks | $500M | $0M |
| Change in diluted share count | 3.2% | 0.8% |
| Last close | $33.70 | $11.90 |
| P/E at the last close | 187.2× | 39.7× |
| Insider trades, last 12 months | bought $8.5 million, sold $534,282 | sold $988,626 |
| Piotroski F-score | 5 of 9 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CoStar GroupCushman & Wakefield
Operating margin
Percent of revenue
CoStar GroupCushman & Wakefield
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CoStar GroupCushman & Wakefield
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the CoStar Group and Cushman & Wakefield pages.