Cushman & Wakefield Ltd.
$5.11B- Market cap
- $3.14B
- Debt
- +$2.75B
- Cash
- −$784.20M
Capital structure 53% equity / 47% debt · EV / Revenue 0.50x · EV / EBITDA 9.64x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: CWK stock price near parity vs TRGP $13.38 current versus $13.18 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at TRGP's multiple
Implied fair value · at CWK's multiple
Snapshot Sep 8, 2026, 2:45 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: CWK FY 2025 (ended Dec 31, 2025) · TRGP FY 2025 (ended Dec 31, 2025).
Trendline
Ten fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 53% equity / 47% debt · EV / Revenue 0.50x · EV / EBITDA 9.64x
Capital structure 78% equity / 22% debt · EV / Revenue 4.72x · EV / EBITDA 16.89x
TRGP carries the larger enterprise value at $80.42B against $5.11B; CWK trades on the lower EV / Revenue multiple (0.50x vs 4.72x); CWK on the lower EV / EBITDA (9.64x vs 16.89x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Cushman & Wakefield Ltd. · implied price per share
Bear
$1.12
Base
$2.79
Bull
$4.98
TARGA RESOURCES CORP. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.41x
5.68x
Net debt / EBITDA
Leverage against operating earnings
3.71x
3.63x
Cash and equivalents
Liquid reserves on the balance sheet
$784.20M
$166.10M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
JONES LANG LASALLE INC
CWK vs JLL
CBRE GROUP, INC.
CWK vs CBRE
Marcus & Millichap, Inc.
CWK vs MMI
COSTAR GROUP, INC.
CWK vs CSGP
RMR GROUP INC.
CWK vs RMR
KINDER MORGAN, INC.
CWK vs KMI
WILLIAMS COMPANIES, INC.
CWK vs WMB
ONEOK INC /NEW/
CWK vs OKE
ENTERPRISE PRODUCTS PARTNERS L.P.
CWK vs EPD
Energy Transfer LP
CWK vs ET
$2.75B
$17.43B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.