Marcus & Millichap, Inc.

MMI Real Estate Real Estate Services

Marcus & Millichap, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $755.2 million, up 8.49% from fiscal 2024. In the quarter to June 2026, revenue grew 17.8%, EPS grew 135.7% and free cash flow grew 10.1%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

28.04 0.23 −0.81%
Market cap
$1.1B
P/E
76.6×
Fwd P/E
83.6×
Dividend yield
1.78%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
0.00 0.00 0.00 13.48 14.41 34.71 19.01 15.39 24.34 15.94
Piotroski F-Score
5 6 4 4 6 3 4 7 5 5
P/S ratio
1.41 2.13 2.56 1.07 1.58 2.06 1.82 1.65 1.75 1.43
P/FCF ratio
18.08 106.92 0.00 712.10 8.24 47.39 88.98 12.30 21.04 15.82
P/Operating CF
22.97 26.12 112.60 55.02 13.13 22.24 46.83 21.57 30.63 31.22
P/B ratio
1.76 2.35 2.56 1.96 2.95 2.70 2.97 3.28 4.01 3.98
EV/Sales
1.08 1.64 2.04 0.70 1.15 1.51 1.35 1.23 1.36 1.15
EV/EBITDA
0.00 0.00 0.00 6.07 7.43 16.76 10.45 8.42 9.61 7.42
EV/FCF
13.90 82.60 (16.14) 466.18 6.00 34.71 66.13 9.14 16.26 12.65
Current Ratio
2.55 3.08 3.74 3.47 2.70 3.57 4.03 4.00 3.85 2.99
Net Debt/EBITDA
156.54 21.02 7.43 (3.24) (2.81) (6.22) (3.67) (2.91) (2.82) (1.86)
Debt/Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.02 0.03
ROE
(0.31%) (1.94%) (5.01%) 14.79% 22.92% 8.22% 17.01% 24.09% 17.96% 28.87%
ROA
(0.22%) (1.41%) (3.62%) 10.17% 15.62% 5.76% 12.06% 17.01% 12.07% 18.08%
ROIC
(2.44%) (7.15%) (12.14%) 38.30% 90.83% 23.04% 54.06% 109.62% 213.11% 126.27%
Return on Tangible Assets
(0.90%) (4.07%) (10.77%) 25.88% 35.12% 12.90% 23.24% 29.28% 20.26% 37.55%
Average Days of Receivables
8.13 13.02 14.39 4.80 4.85 5.29 4.53 2.22 5.53 3.05
Earnings Yield
(0.16%) (0.84%) (2.08%) 7.42% 6.94% 2.88% 5.26% 6.50% 4.11% 6.27%
Free Cash Flow Yield
5.53% 0.94% (4.95%) 0.14% 12.13% 2.11% 1.12% 8.13% 4.75% 6.32%
Free Cash Flow per Share
1.51 0.36 (2.12) 0.05 6.24 0.79 0.42 2.79 1.54 1.67
Book value per Share
15.49 16.31 16.69 17.89 17.46 13.79 12.56 10.46 8.08 6.65
Free Cash Flow
58.79 13.84 (81.80) 1.96 249.05 31.14 16.50 109.24 59.99 65.05
EV/EBIT
0.00 0.00 0.00 6.66 7.89 20.16 11.31 8.89 10.15 7.73
Other line items

Show all line items

Columns are period end dates