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Marcus & Millichap, Inc.
NYSE · CIK 1578732
Last close28.57
Daily change-0.39 (-1.35%)
10 Years gain+26.06%
Dividends TTM0.5 (+0.00%)
Dividend yield1.73%
Fundamental Analysis
MMI · STANDARD
SIC 6531 · Real Estate Agents & Managers (For Others) · Fiscal year end 1231
Fundamental
43.2Momentum
87.6Acceleration
92.5Confidence
91.0Annual Revenue17
Quarterly Revenue69
Annual CFO13
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth7.0 / 25
Quality9.8 / 25
Capital Efficiency0.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics9.2 / 10
Forward Indicators0.0 / 5
Signals
Operating leverageOperating margin improved by 7.5147 percentage points.
ROIC expansionROIC improved by 11.0692 percentage points.
Share count reductionDiluted share count declined 2.3401%.
Key Metrics
Revenue Growth TTM23.22%OK
Revenue CAGR 3Y-16.6%OK
Gross Margin100%OK
Operating Margin-2.02%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC-2.72%OK
Incremental Operating Margin 3Yn/aNOT_MEANINGFUL
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-2.34%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $755.16M | $755.16M | -$13.71M | $66.66M | $58.79M | 100% | -1.82% | 7.78% | -2.79% | 38.94M |
| 2025 FY Dec 31, 2024 | $696.06M | $696.06M | -$32.91M | $21.71M | $13.84M | 100% | -4.73% | 1.99% | -8.76% | 38.68M |
| 2025 FY Dec 31, 2023 | $645.93M | $645.93M | -$59.37M | -$72.43M | -$81.80M | 100% | -9.19% | -12.66% | -17.7% | 38.66M |
| 2024 FY Dec 31, 2022 | $1.30B | $1.30B | $137.40M | $13.63M | $1.96M | 100% | 10.56% | 0.15% | 56.89% | 40.19M |
| 2023 FY Dec 31, 2021 | $1.30B | $1.30B | $189.36M | $255.90M | $249.05M | 100% | 14.61% | 19.21% | 101.23% | 40.19M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $740.55M | sum latest 4 fiscal quarters Revenue | OK | 0001628280-26-054439, 0001628280-25-050707 |
| Revenue Growth TTM | 23.22% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001628280-26-054439, 0001628280-25-050707 |
| Revenue CAGR 3Y | -16.6% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001628280-26-012419 |
| Revenue CAGR 5Y | 1.05% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001628280-26-012419 |
| Gross Profit CAGR 3Y | -16.6% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001628280-26-012419 |
| Operating Income Growth | n/a | OperatingIncome_current / OperatingIncome_prior_year - 1 | INSUFFICIENT_HISTORY | 0001628280-26-054439, 0001628280-25-050707 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 100% | Gross Profit / Revenue | OK | 0001628280-26-054439, 0001628280-25-050707 |
| Operating Margin | -2.02% | Operating Income / Revenue | OK | 0001628280-26-054439, 0001628280-25-050707 |
| ROIC | -2.72% | NOPAT / Average Invested Capital | OK | 0001628280-26-054439, 0001628280-25-050707 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001628280-26-054439 |
| Current Ratio | 2.92x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $19.48 | Revenue / Diluted Shares | OK | 0001628280-26-054439, 0001628280-25-050707 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |