CWK vs IIPR
Cushman & Wakefield Ltd. and Innovative Industrial Properties Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CWK | IIPR |
|---|---|---|
| Revenue | $10.3B | $266.0M |
| Net income | $88.2M | $118.2M |
| Gross margin | · | 98.6% |
| Net margin | · | 44.5% |
| Return on equity | 4.8% | 6.2% |
| Diluted EPS | $0.38 | $3.93 |
| Dividend / share | · | · |
| Payout ratio | · | 182.9% |
| Free cash flow | $293.0M | · |
| Equity | $2.0B | $1.8B |
| Net debt / equity | 1.00× | 0.19× |
| Current ratio | 1.10× | · |
| Revenue CAGR 5y | 5.6% | 17.9% |
| Profit CAGR 5y | · | 12.5% |
CWK bills 38.7× the revenue of IIPR.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | CWK | IIPR |
|---|---|---|
| FY2025 | $10.3B | $266.0M |
| FY2024 | $9.4B | $308.5M |
| FY2023 | $9.5B | $309.5M |
| FY2022 | $10.1B | $276.4M |
| FY2021 | $9.4B | $204.6M |
| FY2020 | $7.8B | $116.9M |
| FY2019 | $8.8B | $44.7M |
| FY2018 | $8.2B | $14.8M |
| FY2017 | $6.9B | $6.4M |
Bottom line
| Fiscal year | CWK | IIPR |
|---|---|---|
| FY2025 | $88.2M | $118.2M |
| FY2024 | $131.3M | $161.7M |
| FY2023 | $-35.4M | $165.6M |
| FY2022 | $196.4M | $154.4M |
| FY2021 | $250.0M | $114.0M |
| FY2020 | $-220.5M | $65.7M |
| FY2019 | $200,000 | $23.5M |
| FY2018 | $-185.8M | $7.0M |
| FY2017 | $-221.3M | $-72,000 |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,022,245,000 | CWK |
| FY2024 | +$9,137,983,000 | CWK |
| FY2023 | +$9,184,194,000 | CWK |
| FY2022 | +$9,829,341,000 | CWK |
| FY2021 | +$9,184,149,000 | CWK |
| FY2020 | +$7,726,804,000 | CWK |
| FY2019 | +$8,706,333,000 | CWK |
| FY2018 | +$8,205,113,000 | CWK |
| FY2017 | +$6,917,480,000 | CWK |
CWK has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CWK's return on equity has been more volatile than IIPR's over the 9 comparable fiscal years — 18.7 percentage points of standard deviation against 2.6.
9 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CWK and IIPR over these 9 fiscal years — CWK led in 2 and IIPR in 7.
9 of 9 comparable fiscal years — a year missing data on either side is not counted.