Marcus & Millichap
MMI
28.24
+0.02
+0.05%
Marcus & Millichap
US · MMI
#3204 by market cap
28.24
+0.02
+0.05%
Live - 5344 symbols - heartbeat 266s ago
· 2026-10-08 09:58
After-hours
28.22
0.00%
- Market cap
- 1.07B
- P/E (TTM)i
- 76.31
- P/Bi
- 1.85
- EPSi
- -0.05
- Div yieldi
- 1.77%
- 52W posi
- 46%
Reader sentiment
Are you bullish or bearish on MMI?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.69, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +8.49% YoY
Margins
- Gross margin
- 37.70%
- Operating margin
- -1.82%
- Net margin
- -0.25%
Key ratios & quality
- Altman Z-Scorei
- 4.69
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 814.82M | 806.43M | 716.91M | 1.30B | 1.30B | 645.93M | 696.06M | 755.16M |
| Gross profit | 311.93M | 307.55M | 269.03M | 456.23M | 450.82M | 239.28M | 264.59M | 284.67M |
| Selling & admin expenses | 193.35M | 203.11M | 204.51M | 255.15M | 300.01M | 285.02M | 280.91M | 286.28M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 112.29M | 96.42M | 53.61M | 189.36M | 137.40M | -59.37M | -32.91M | -13.71M |
| Pretax profit | 117.22M | 107.51M | 59.36M | 193.30M | 142.03M | -40.40M | -13.03M | 3.02M |
| Tax | 29.96M | 30.58M | 16.53M | 50.83M | 37.80M | -6.37M | -666.00K | 4.93M |
| Net profit | 87.26M | 76.93M | 42.84M | 142.47M | 104.23M | -34.04M | -12.36M | -1.91M |
| Basic EPS | 2 | 2 | 1 | 4 | 3 | -1 | 0 | 0 |
| Diluted EPS | 2.22 | 1.95 | 1.08 | 3.55 | 2.59 | -0.88 | -0.32 | -0.05 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 145.04M | 172.28M | 193.89M | 243.95M | 171.47M | 202.92M |
| Gross profit | 56.69M | 65.66M | 72.90M | 89.43M | 67.83M | 76.25M |
| Selling & admin expenses | 71.55M | 71.55M | 72.53M | 70.65M | 71.22M | 71.69M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -17.71M | -9.05M | -2.37M | 15.42M | -5.78M | 2.21M |
| Pretax profit | -13.92M | -3.75M | 1.47M | 19.22M | -2.17M | 6.27M |
| Tax | -9.50M | 7.29M | 1.23M | 5.91M | 934.00K | 2.36M |
| Net profit | -4.42M | -11.04M | 240.00K | 13.31M | -3.10M | 3.91M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.11 | -0.28 | 0.01 | 0.34 | -0.08 | 0.10 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 371.34M | 410.17M | 429.08M | 608.13M | 527.14M | 393.69M | 410.32M | 309.21M |
| Cash & ST investments | 352.12M | 383.42M | 401.41M | 565.99M | 489.31M | 349.13M | 349.46M | 258.12M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 566.38M | 709.03M | 779.12M | 1.05B | 1.00B | 878.41M | 869.80M | 827.18M |
| Total current liabilities | 92.86M | 101.81M | 120.32M | 225.63M | 152.02M | 105.27M | 133.02M | 121.45M |
| Short-term debt | 1.09M | 24.33M | 19.19M | 18.97M | 16.98M | 18.34M | 18.52M | 18.80M |
| Long-term debt | 6.56M | -- | -- | -- | -- | -- | -- | -- |
| Total liabilities | 156,806,000.00 | 214,127,000.00 | 232,286,000.00 | 348,894,000.00 | 290,199,000.00 | 233,137,000.00 | 238,982,000.00 | 224,077,000.00 |
| Total equity | 409.57M | 494.91M | 546.84M | 696.30M | 713.51M | 645.27M | 630.82M | 603.10M |
| Retained earnings | 311.34M | 388.27M | 431.08M | 573.55M | 585.58M | 492.30M | 458.91M | 409.75M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 325.10M | 302.08M | 309.81M | 309.21M | 245.10M | 270.64M |
| Cash & ST investments | 264.81M | 218.18M | 241.69M | 258.12M | 187.32M | 214.79M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 802.02M | 792.21M | 812.49M | 827.18M | 754.96M | 765.80M |
| Total current liabilities | 86.25M | 87.01M | 113.19M | 121.45M | 92.53M | 92.83M |
| Short-term debt | 18.79M | 18.63M | 19.28M | 18.80M | 18.32M | 17.50M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 184,471,000.00 | 184,434,000.00 | 210,253,000.00 | 224,077,000.00 | 185,910,000.00 | 186,882,000.00 |
| Total equity | 617.55M | 607.78M | 602.24M | 603.10M | 569.05M | 578.91M |
| Retained earnings | 443.83M | 425.82M | 415.29M | 409.75M | 373.27M | 376.67M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 117.31M | 25.29M | 38.09M | 255.90M | 13.63M | -72.43M | 21.71M | 66.66M |
| Depreciation & amortization | 6.30M | 8.02M | 10.90M | 11.72M | 13.41M | 13.63M | 16.59M | 12.10M |
| Free cash flow | 109.24M | 16.48M | 31.14M | 249.05M | 1.96M | -81.80M | 13.84M | 58.79M |
| Dividends paid | -- | -- | 0 | 0 | -60.36M | -20.10M | -20.23M | -20.55M |
| Stock buybacks / issuance | -- | -- | 0 | 0 | -29.05M | -39.44M | -785.00K | -25.37M |
| Ending cash balance | 214.68M | 232.67M | 243.15M | 382.14M | 235.87M | 170.75M | 153.45M | 161.92M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -52.84M | 21.02M | 52.21M | 46.27M | -27.57M | 22.18M |
| Depreciation & amortization | 2.85M | 3.15M | 2.74M | 3.35M | 2.39M | 2.35M |
| Free cash flow | -54.33M | 19.29M | 49.96M | 43.87M | -30.55M | 21.23M |
| Dividends paid | -697.00K | -9.88M | -178.00K | -9.80M | -775.00K | -9.58M |
| Stock buybacks / issuance | -425.00K | -6.97M | -577.00K | -17.39M | -24.95M | -545.00K |
| Ending cash balance | 149.70M | 85.95M | 117.36M | 161.92M | 136.51M | 153.52M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 24.09 | 17.01 | 8.22 | 22.92 | 14.78 | -5.00 | -1.93 | -0.31 |
| ROA %i | 17.01 | 12.06 | 5.76 | 15.62 | 10.17 | -3.61 | -1.41 | -0.23 |
| ROIC %i | 23.84 | 15.59 | 7.20 | 20.42 | 13.35 | -4.35 | -1.60 | -0.19 |
| 5-year avg ROE %i | 33.91 | 26.27 | 19.23 | 18.04 | 17.41 | 11.59 | 7.80 | 6.09 |
| EBIT margin %i | 14.56 | 13.50 | 8.41 | 14.96 | 10.97 | -6.12 | -1.76 | 0.50 |
| FCF / sales %i | 13.41 | 2.04 | 4.34 | 19.21 | 0.15 | -- | 1.99 | 7.78 |
| Current ratioi | 4.00 | 4.03 | 3.57 | 2.70 | 3.47 | 3.74 | 3.08 | 2.55 |
| Quick ratioi | 3.89 | 3.87 | 3.42 | 2.61 | 3.36 | 3.61 | 2.97 | 2.43 |
| Debt / assetsi | 1.35 | 12.34 | 10.09 | 7.40 | 8.18 | 9.99 | 9.68 | 9.46 |
| LT debt / equityi | 1.60 | 12.76 | 10.86 | 8.38 | 9.13 | 10.76 | 10.42 | 9.86 |
| Interest coveragei | 84.73 | 78.46 | 66.96 | 334.28 | 201.61 | -44.50 | -15.04 | 4.91 |
| Revenue CAGR (3Y) %i | 5.75 | 3.97 | -0.13 | 16.74 | 17.30 | -3.42 | -18.72 | -16.60 |
| Net income CAGR (3Y) %i | 9.56 | 5.96 | -5.97 | 17.75 | 10.65 | -- | -- | -- |
| FCF CAGR (3Y) %i | 18.70 | -36.72 | -19.63 | 31.61 | -50.79 | -- | -61.84 | 210.54 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -1.09 | -1.99 | -1.09 | -0.31 | -0.10 | 2.42 |
| ROA %i | -0.83 | -1.52 | -0.81 | -0.23 | -0.08 | 1.84 |
| ROIC %i | -0.86 | -1.63 | -0.87 | -0.19 | -0.02 | 2.20 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -1.60 | -1.62 | -0.52 | 0.50 | 1.98 | 3.14 |
| FCF / sales %i | 1.85 | 4.58 | 9.32 | 7.78 | 10.56 | 10.41 |
| Current ratioi | 3.77 | 3.47 | 2.74 | 2.55 | 2.65 | 2.92 |
| Quick ratioi | 3.52 | 3.21 | 2.50 | 2.43 | 2.38 | 2.72 |
| Debt / assetsi | 10.47 | 10.40 | 9.67 | 9.46 | 9.94 | 9.68 |
| LT debt / equityi | 10.55 | 10.50 | 9.84 | 9.86 | 9.97 | 9.79 |
| Interest coveragei | -14.27 | -14.73 | -4.99 | 4.91 | 20.99 | 37.50 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Commercial Real Estate Services100.00%
Quote time 2026-10-08 09:58:09 · For reference only, not investment advice and not tailored to your situation.