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Cushman & Wakefield vs Hudson Pacific Properties: revenue, profit, margins and growth compared

Cushman & Wakefield brought in $10.3B of revenue in fiscal 2025, Hudson Pacific Properties $831.1M in fiscal 2025. Revenue changed by +8.9% at Cushman & Wakefield and -1.3% at Hudson Pacific Properties on the year before, so Cushman & Wakefield grew faster. Cushman & Wakefield kept 0.9% of its revenue as net profit, Hudson Pacific Properties -68.9%.

Side by side, latest fiscal year

CWKHPP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$10.3B$831.1M
Revenue growth+8.9%-1.3%
Net income$88.2M-$572.2M
Net margin0.9%-68.9%
Free cash flow$293Mn/a
Free cash flow margin2.8%n/a
Earnings per share (diluted)$0.38-$12.81
Cash$784.2M$138.4M
Debt$2.7Bn/a
Price to earnings32.0n/a
Market value$2.9B$632.2M
Dividend yieldn/an/a
Rank by revenue in sector#61 of 444 · Finance#206 of 444 · Finance

Over the years

Revenue
CWK FY2018: $8.2BCWK FY2019: $8.8BCWK FY2020: $7.8BCWK FY2021: $9.4BCWK FY2022: $10.1BCWK FY2023: $9.5BCWK FY2024: $9.4BCWK FY2025: $10.3BHPP FY2018: $728.4MHPP FY2019: $818.2MHPP FY2020: $805MHPP FY2021: $896.8MHPP FY2022: $1BHPP FY2023: $952.3MHPP FY2024: $842.1MHPP FY2025: $831.1MFY18FY19FY20FY21FY22FY23FY24FY25
CWK $10.3BHPP $831.1M
Net income
CWK FY2018: -$185.8MCWK FY2019: $200KCWK FY2020: -$220.5MCWK FY2021: $250MCWK FY2022: $196.4MCWK FY2023: -$35.4MCWK FY2024: $131.3MCWK FY2025: $88.2MHPP FY2018: $98.1MHPP FY2019: $42.7MHPP FY2020: $383KHPP FY2021: $6.1MHPP FY2022: -$56.5MHPP FY2023: -$192.2MHPP FY2024: -$364.1MHPP FY2025: -$572.2MFY18FY19FY20FY21FY22FY23FY24FY25
CWK $88.2MHPP -$572.2M
Net margin
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%HPP FY2018: 13.5%HPP FY2019: 5.2%HPP FY2020: 0.0%HPP FY2021: 0.7%HPP FY2022: -5.5%HPP FY2023: -20.2%HPP FY2024: -43.2%HPP FY2025: -68.9%FY18FY19FY20FY21FY22FY23FY24FY25
CWK 0.9%HPP -68.9%
Revenue growth
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%HPP FY2019: +12.3%HPP FY2020: -1.6%HPP FY2021: +11.4%HPP FY2022: +14.4%HPP FY2023: -7.2%HPP FY2024: -11.6%HPP FY2025: -1.3%FY19FY20FY21FY22FY23FY24FY25
CWK +8.9%HPP -1.3%
Free cash flow
CWK FY2018: -$86.4MCWK FY2019: $189MCWK FY2020: -$79.2MCWK FY2021: $495.7MCWK FY2022: -$1.6MCWK FY2023: $101.2MCWK FY2024: $167MCWK FY2025: $293MHPP FY2018: -$136.7MFY18FY19FY20FY21FY22FY23FY24FY25
CWK $293MHPP -$136.7M

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

Questions about Cushman & Wakefield and Hudson Pacific Properties

Which is bigger by revenue, Cushman & Wakefield or Hudson Pacific Properties?

Cushman & Wakefield is bigger by revenue: $10.3B in fiscal 2025, against $831.1M for Hudson Pacific Properties in fiscal 2025.

Which keeps more of its revenue as profit, Cushman & Wakefield or Hudson Pacific Properties?

Cushman & Wakefield had a net margin of 0.9% in fiscal 2025; Hudson Pacific Properties had -68.9% in fiscal 2025.

Which grew revenue faster, Cushman & Wakefield or Hudson Pacific Properties?

In their latest fiscal years revenue changed by +8.9% at Cushman & Wakefield and -1.3% at Hudson Pacific Properties.

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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