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Colliers International vs Cushman & Wakefield: revenue, profit, margins and growth compared

Colliers International brought in $5.6B of revenue in fiscal 2025, Cushman & Wakefield $10.3B in fiscal 2025. Revenue changed by +15.3% at Colliers International and +8.9% at Cushman & Wakefield on the year before, so Colliers International grew faster. Colliers International kept 1.9% of its revenue as net profit, Cushman & Wakefield 0.9%. Free cash flow was $251.4M at Colliers International and $293M at Cushman & Wakefield.

Side by side, latest fiscal year

CIGICWK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.6B$10.3B
Revenue growth+15.3%+8.9%
Net income$103.1M$88.2M
Net margin1.9%0.9%
Free cash flow$251.4M$293M
Free cash flow margin4.5%2.8%
Earnings per share (diluted)$2.02$0.38
Cash$207.9M$784.2M
Debt$1.6B$2.7B
Price to earningsn/a32.0
Market value$4.6B$2.9B
Dividend yieldn/an/a
Rank by revenue in sector#94 of 444 · Finance#61 of 444 · Finance

Over the years

Revenue
CIGI FY2018: $2.8BCIGI FY2019: $3BCIGI FY2020: $2.8BCIGI FY2021: $4.1BCIGI FY2021: $4.5BCIGI FY2023: $4.3BCIGI FY2024: $4.8BCIGI FY2025: $5.6BCWK FY2018: $8.2BCWK FY2019: $8.8BCWK FY2020: $7.8BCWK FY2021: $9.4BCWK FY2022: $10.1BCWK FY2023: $9.5BCWK FY2024: $9.4BCWK FY2025: $10.3BFY18FY19FY20FY21FY22FY23FY24FY25
CIGI $5.6BCWK $10.3B
Net income
CIGI FY2018: $97.7MCIGI FY2019: $102.9MCIGI FY2020: $49.1MCIGI FY2021: -$390.3MCIGI FY2021: $46.3MCIGI FY2023: $65.5MCIGI FY2024: $161.7MCIGI FY2025: $103.1MCWK FY2018: -$185.8MCWK FY2019: $200KCWK FY2020: -$220.5MCWK FY2021: $250MCWK FY2022: $196.4MCWK FY2023: -$35.4MCWK FY2024: $131.3MCWK FY2025: $88.2MFY18FY19FY20FY21FY22FY23FY24FY25
CIGI $103.1MCWK $88.2M
Net margin
CIGI FY2018: 3.5%CIGI FY2019: 3.4%CIGI FY2020: 1.8%CIGI FY2021: -9.5%CIGI FY2021: 1.0%CIGI FY2023: 1.5%CIGI FY2024: 3.4%CIGI FY2025: 1.9%CWK FY2018: -2.3%CWK FY2019: 0.0%CWK FY2020: -2.8%CWK FY2021: 2.7%CWK FY2022: 1.9%CWK FY2023: -0.4%CWK FY2024: 1.4%CWK FY2025: 0.9%FY18FY19FY20FY21FY22FY23FY24FY25
CIGI 1.9%CWK 0.9%
Revenue growth
CIGI FY2019: +7.8%CIGI FY2020: -8.5%CIGI FY2021: +46.7%CIGI FY2021: +9.1%CIGI FY2023: -2.8%CIGI FY2024: +11.2%CIGI FY2025: +15.3%CWK FY2019: +6.5%CWK FY2020: -10.4%CWK FY2021: +19.7%CWK FY2022: +7.6%CWK FY2023: -6.1%CWK FY2024: -0.5%CWK FY2025: +8.9%FY19FY20FY21FY22FY23FY24FY25
CIGI +15.3%CWK +8.9%
Free cash flow
CIGI FY2018: $221.9MCIGI FY2019: $266.6MCIGI FY2020: $126.1MCIGI FY2021: $231MCIGI FY2021: -$650KCIGI FY2023: $81.1MCIGI FY2024: $260.9MCIGI FY2025: $251.4MCWK FY2018: -$86.4MCWK FY2019: $189MCWK FY2020: -$79.2MCWK FY2021: $495.7MCWK FY2022: -$1.6MCWK FY2023: $101.2MCWK FY2024: $167MCWK FY2025: $293MFY18FY19FY20FY21FY22FY23FY24FY25
CIGI $251.4MCWK $293M

Fiscal years as each company reports them; the two may end in different months.

Questions about Colliers International and Cushman & Wakefield

Which is bigger by revenue, Colliers International or Cushman & Wakefield?

Cushman & Wakefield is bigger by revenue: $10.3B in fiscal 2025, against $5.6B for Colliers International in fiscal 2025.

Which keeps more of its revenue as profit, Colliers International or Cushman & Wakefield?

Colliers International had a net margin of 1.9% in fiscal 2025; Cushman & Wakefield had 0.9% in fiscal 2025.

Which grew revenue faster, Colliers International or Cushman & Wakefield?

In their latest fiscal years revenue changed by +15.3% at Colliers International and +8.9% at Cushman & Wakefield.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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