Cushman & Wakefield(US:CWK)2025-10-30 13:00Q3 2025 Financial Performance - Fee revenue for Q3 2025 reached $1.781 billion, an 8% increase compared to Q3 2024[20, 22] - Adjusted EBITDA for Q3 2025 was $160 million, up 11% from Q3 2024[20, 22] - Adjusted diluted EPS increased by 26% to $0.29, marking five consecutive quarters of year-over-year growth[20, 22] - The Adjusted EBITDA margin was 9%, a 23 bps increase compared to Q3 2024[20, 22] Segment and Service Line Performance - Leasing fee revenue increased by 9%, driven by growth in the Americas and EMEA regions[20] - Capital markets fee revenue increased by 20%, with double-digit growth across all regions[20] - Services fee revenue increased by 6%, with organic Services fee revenue up 7%[20] - Americas fee revenue reached $1.277 billion in Q3 2025[25] - EMEA fee revenue reached $225 million in Q3 2025[27] - APAC fee revenue reached $280 million in Q3 2025[27] Balance Sheet Management - The company prepaid $150 million of debt in August and an additional $100 million in October, bringing year-to-date debt prepayments to $300 million[20] - The company repriced $948 million of debt in July and $840 million in October, reducing the applicable interest rate by 50 bps and 25 bps, respectively[20] - Liquidity at the end of Q3 2025 was $1.7 billion, consisting of $0.6 billion of cash and $1.1 billion revolving credit facility availability[20]