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Cushman & Wakefield (Cushman & Wakefield) ROA % : -1.51% (As of Mar. 2024)


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What is Cushman & Wakefield ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cushman & Wakefield's annualized Net Income for the quarter that ended in Mar. 2024 was $-115 Mil. Cushman & Wakefield's average Total Assets over the quarter that ended in Mar. 2024 was $7,633 Mil. Therefore, Cushman & Wakefield's annualized ROA % for the quarter that ended in Mar. 2024 was -1.51%.

The historical rank and industry rank for Cushman & Wakefield's ROA % or its related term are showing as below:

CWK' s ROA % Range Over the Past 10 Years
Min: -7.64   Med: -3.01   Max: 3.28
Current: 0.16

During the past 9 years, Cushman & Wakefield's highest ROA % was 3.28%. The lowest was -7.64%. And the median was -3.01%.

CWK's ROA % is ranked worse than
61.3% of 1827 companies
in the Real Estate industry
Industry Median: 1.14 vs CWK: 0.16

Cushman & Wakefield ROA % Historical Data

The historical data trend for Cushman & Wakefield's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cushman & Wakefield ROA % Chart

Cushman & Wakefield Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only - -3.04 3.28 2.48 -0.45

Cushman & Wakefield Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.93 0.27 -1.78 3.64 -1.51

Competitive Comparison of Cushman & Wakefield's ROA %

For the Real Estate Services subindustry, Cushman & Wakefield's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cushman & Wakefield's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cushman & Wakefield's ROA % distribution charts can be found below:

* The bar in red indicates where Cushman & Wakefield's ROA % falls into.



Cushman & Wakefield ROA % Calculation

Cushman & Wakefield's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-35.4/( (7949.3+7774)/ 2 )
=-35.4/7861.65
=-0.45 %

Cushman & Wakefield's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-115.2/( (7774+7491.1)/ 2 )
=-115.2/7632.55
=-1.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


Cushman & Wakefield  (NYSE:CWK) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-115.2/7632.55
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-115.2 / 8739.2)*(8739.2 / 7632.55)
=Net Margin %*Asset Turnover
=-1.32 %*1.145
=-1.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Cushman & Wakefield ROA % Related Terms

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Cushman & Wakefield (Cushman & Wakefield) Business Description

Traded in Other Exchanges
Address
125 Old Broad Street, London, GBR, EC2N 1AR
Cushman & Wakefield is one of the largest commercial real estate services firms in the world, with global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers, and investors. These include brokerage services for leasing and capital markets sales as well as advisory services such valuation, project management, and facilities management.
Executives
Nathaniel Robinson officer: EVP, Strategic Planning, CIO 225 WEST WACKER DRIVE, CHICAGO IL 60606
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michelle Felman director
Noelle J Perkins officer: See Remarks 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE TX 60515
Pagac Drone Holding Gp I Ltd 10 percent owner 32/F, AIA CENTRAL, 1 CONNAUGHT ROAD CENTRAL, HONG KONG K3 NA
Michelle Mackay director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
W Brett White director, officer: Executive Chairman and CEO 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Andrew R. Mcdonald officer: President C/O CUSHMAN & WAKEFIELD PLC, 225 W WACKER DR SUITE 3000, CHICAGO IL 60606
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
John Forrester officer: President 225 WEST WACKER DRIVE, CHICAGO IL 60606
Angela Sun director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80236
Tpg Asia Advisors Vi, Inc. 10 percent owner C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, FORT WORTH TX 76102
Anthony Murray Miller director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Neil O Johnston officer: Global Chief Financial Officer
Angelique G. Brunner director C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203