Newmark Group, Inc.

NMRK Real Estate Real Estate Services

Newmark Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 20.3% from fiscal 2024. In the quarter to June 2026, revenue grew 17.0%, EPS fell 8.33%, free cash flow grew 188.5% and total debt was flat, each against the same quarter a year earlier. Dividend growth for five consecutive years.

11.86 0.05 −0.42%
Market cap
$2.2B
P/E
14.3×
Fwd P/E
15.4×
Dividend yield
1.52%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 13.17%

Capital & Financial Ratios $m

Market Cap 2,160.00
Revenue 3,604.36
Net Income 181.92
Free Cash Flow 797.59
Net Debt 485.52
Current Ratio 0.55
Debt/Equity 0.50
P/E ratio 14.29
Fwd P/E 15.40
P/S ratio 0.59
P/B ratio 1.22
Past 5Y EPS Growth 9.48%
This Y EPS Growth 19.64% (at or above 15%: strong)
Next Y EPS Growth 12.60%
Next Y revenue growth 16.45% (at or above 10%: strong)
Next 5Y EPS Growth 13.84%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 35.97%
10-year low 10-year high
P/S against its own 10 years 22.35%
10-year low 10-year high
P/B against its own 10 years 29.32%
10-year low 10-year high
EV/Sales against its own 10 years 24.48%
10-year low 10-year high
EV/FCF against its own 10 years 22.49%
10-year low 10-year high

Dividends

Payout Ratio 0.23
Annual Dividend Rate 0.18
Annual Dividend Yield 1.52%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.20
0.03
0.06
0.06
2025 0.12
0.03
0.03
0.03
0.03
2024 0.12
0.03
0.03
0.03
0.03
2023 0.12
0.03
0.03
0.03
0.03
2022 0.10
0.01
0.03
0.03
0.03
2021 0.04
0.01
0.01
0.01
0.01
2020 0.13
0.10
0.01
0.01
0.01
2019 0.39
0.09
0.10
0.10
0.10
2018 0.27
0.09
0.09
0.09
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 259 305 349 387
Receivables 623 605 628 660
Inventory — — — —
Other — — — —
881 910 978 1,048
2023 2024 2025 Q'26
Payables 584 578 572 599
ST’ Debt — — — —
Other — — — —
1,483 1,780 1,905 1,914

Compound Annual Growth %

10y 5y 3y
Sales 10.62% 11.57% 6.78%
Cash Flow (7.79%) 0.00% (47.61%)
Earnings 0.00% 9.53% 14.86%
Book Value 8.02% 13.56% 4.49%

Revenue $m

Mar Jun Sep Dec Year
’26 847 888 — — —
’25 665 759 863 1,006 3,294
’24 546 633 686 873 2,739
’23 521 586 616 747 2,470
’22 678 755 665 607 2,706
’21 504 630 788 984 2,906
’20 484 384 436 601 1,905
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (248) 362 — — —
’25 (179) (380) 113 619 172
’24 (69) (258) (85) 403 (10)
’23 (399) (501) 414 220 (266)
’22 502 (163) (74) 932 1,196
’21 291 494 (1,112) 278 (49)
’20 (652) (303) (386) 563 (778)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (258) 342 — — —
’25 (185) (386) 105 609 143
’24 (76) (268) (96) 397 (43)
’23 (417) (516) 403 208 (321)
’22 493 (172) (97) 909 1,134
’21 289 491 (1,117) 269 (68)
’20 (662) (305) (390) 560 (797)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.09 — — —
’25 (0.05) 0.11 0.25 0.37 0.61
’24 (0.09) 0.08 0.10 0.26 0.34
’23 (0.06) 0.04 0.06 0.21 0.24
’22 0.00 0.26 0.15 0.05 0.46
’21 0.16 2.13 0.63 0.74 3.80
’20 0.03 (0.01) 0.39 (0.03) 0.39
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — 13.72 7.34 7.02 2.49 6.56 7.42 5.07 9.22 9.65

Analyst estimates 2026–2028

Powerpack
High — 16.10 16.98 13.85 13.62 18.89 19.10 11.23 16.10 19.84
People
People Employees 4,600 4,800 5,200 5,600 5,800 6,200 6,300 7,000 7,500 8,800
Revenue/emp, $m 0.29 0.33 0.39 0.40 0.33 0.47 0.43 0.35 0.37 0.37
Income, $m
Income, $m Revenue 1,350 1,596 2,048 2,218 1,905 2,906 2,706 2,470 2,739 3,294
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 171 203 282 214 146 1,221 155 103 131 202
EBT margin, % 12.68 12.69 13.79 9.65 7.68 42.01 5.71 4.19 4.79 6.12
Net income 167 145 192 162 109 978 113 62 85 155
Depreciation 72 130 125 170 215 201 250 259 298 337
Per share, $
Per share, $ Revenue 8.77 11.97 13.02 12.48 10.64 15.28 15.00 14.24 15.91 18.46
Earnings 1.09 1.08 0.65 0.59 0.39 3.91 0.48 0.25 0.36 0.71
Cash flow (4.18) 6.40 (2.11) 5.55 (4.34) (0.26) 6.63 (1.53) (0.06) 0.96
Capex (0.18) (0.14) (0.13) (0.19) (0.11) (0.10) (0.34) (0.32) (0.19) (0.16)
Free cash flow (4.36) 6.26 (2.25) 5.36 (4.45) (0.36) 6.29 (1.85) (0.25) 0.80
Book value 6.39 1.67 6.72 5.29 5.14 8.75 8.46 9.10 8.85 9.75
Shares, m 154 133 157 178 179 190 180 173 172 178
Valuation, ×
Valuation, × P/E 12.80 0.00 12.34 22.81 18.69 4.76 17.30 43.40 35.58 24.42
P/S 0.00 1.38 0.62 1.08 0.69 1.22 0.54 0.76 0.81 0.94
P/B 0.00 9.93 1.19 2.54 1.42 2.14 0.96 1.19 1.45 1.78
EV/Sales 0.00 1.69 0.77 1.26 0.91 1.19 0.63 0.88 0.94 1.04
EV/FCF (5.19) 3.23 (4.46) 2.94 (2.17) (50.58) 1.51 (6.78) (62.04) 23.97
Cash, $m
Cash, $m Operating cash flow (644) 854 (332) 987 (778) (49) 1,196 (266) (10) 172
Capex (27) (19) (21) (35) (20) (20) (62) (55) (33) (29)
Free cash flow (671) 835 (353) 952 (797) (68) 1,134 (321) (43) 143
Balance, $m
Balance, $m Working capital (144) (662) (943) (204) (1,004) (673) (182) (602) (871) (927)
Total debt 889 728 551 664 714 696 558 554 671 674
Net debt 772 497 315 405 422 (95) 245 295 366 324
Shareholders’ equity 984 222 1,057 941 921 1,664 1,525 1,579 1,524 1,740
Returns, %
Returns, % ROA 8.03 6.01 3.73 3.52 2.23 16.32 1.82 1.01 1.33 2.59
ROIC 5.96 17.35 15.15 11.43 8.56 49.97 6.55 4.18 5.39 7.09
ROE 18.84 23.96 16.69 11.75 8.60 58.08 5.22 2.74 3.95 7.73
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Newmark Group, Inc. vs peers in Real Estate Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FSV FirstService Corporation $6.2B 38.3× 34.9× +2.37% (above 0%: growing) −0.99% (below 0%: shrinking) −23.87% (below 0%: shrinking) 33.17% 6.88% Compare
CIGI Colliers International Group Inc. $4.6B 42.6× 49.4× +16.68% (above 0%: growing) +600.00% (above 0%: growing) +285.13% (above 0%: growing) 40.39% 6.26% Compare
IHS IHS Holding Limited $2.9B 20.1× 7.6× +10.41% (above 0%: growing) n/m −41.30% (below 0%: shrinking) 48.32% 19.32% Compare
CWK Cushman & Wakefield PLC $2.7B 39.0× 11.1× +11.22% (above 0%: growing) −12.00% (below 0%: shrinking) +15,066.67% (above 0%: growing) 18.53% 4.86% Compare
OPEN Opendoor Technologies Inc. $2.3B — (loss-making) — (loss-making) −43.65% (below 0%: shrinking) n/m −188.06% (below 0%: shrinking) 9.74% (16.31%) Compare
NMRK Newmark Group, Inc. $2.2B 14.3× 15.4× +17.03% (above 0%: growing) −8.33% (below 0%: shrinking) +188.46% (above 0%: growing) 100.00% 4.55%
IRS IRSA Inversiones Y Representaciones S.A. $1.2B 3.7× — +6.47% (above 0%: growing) n/m −60.83% (below 0%: shrinking) 63.23% (78.13%) Compare
HBNB Hotel101 Global Holdings Corp. $1.1B — — — — — — — Compare
MMI Marcus & Millichap, Inc. $1.1B 76.6× 83.6× +17.78% (above 0%: growing) n/m +10.09% (above 0%: growing) 37.58% 1.09% Compare
Median of peers $2.5B 38.6× 34.9× +10.41% −0.99% −23.87% 37.58% 4.86%

All 46 Real Estate Services stocks →

Newmark Group, Inc. (NMRK) key facts

  • Strength: Newmark Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 20.3% from fiscal 2024.
  • Newmark Group, Inc. (NMRK) is a Real Estate Services company in the Real Estate sector, listed on Nasdaq.
  • As of October 16, 2026, NMRK traded at $11.86, a market capitalization of $2.2 billion.
  • Newmark Group, Inc. pays an annual dividend of $0.18 per share, a yield of 1.52%, with a payout ratio of 23.1%.
  • Return on equity was 7.73% and debt-to-equity 0.50.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Newmark Group, Inc. (NMRK) Latest News

stockrow.com/NMRK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com