# Marcus & Millichap Inc. (MMI)

**Exchange:** NYSE  
**Sector:** Real Estate  
**Market cap:** $1.18B  
**Price:** $30.36 (-0.69%)

> Marcus & Millichap Inc. is a leading brokerage firm specializing in commercial real estate. With expertise in facilitating transactions, the company primarily focuses on providing comprehensive investment sales services. Its operations encompass a diverse range of commercial properties, including office buildings, retail spaces, multifamily units, and industrial properties. Marcus & Millichap leverages its vast network of agents and robust research capabilities to deliver tailored solutions that meet the needs of property owners, investors, and developers. In the financial market, the firm plays a pivotal role by enhancing market efficiency, providing liquidity, and helping to determine property values through its transaction activities. Founded in 1971 and headquartered in California, Marcus & Millichap holds a significant presence in real estate markets across North America, driving trends and supporting the growth of the commercial real estate industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $755M | — | -$14M | -$2M | — |
| 2024 | $696M | — | -$33M | -$12M | — |
| 2023 | $646M | — | -$59M | -$34M | — |
| 2022 | $1.30B | — | $137M | $104M | — |
| 2021 | $1.30B | — | $189M | $142M | — |
| 2020 | $717M | — | $54M | $43M | — |
| 2019 | $806M | — | $96M | $77M | — |
| 2018 | $815M | $312M | $112M | $87M | — |
| 2017 | $720M | $273M | $96M | $52M | — |
| 2016 | $717M | $273M | $107M | $65M | — |
| 2015 | $689M | $266M | $115M | $66M | — |
| 2014 | $572M | $222M | $85M | $50M | — |
| 2013 | $436M | $171M | $21M | $8M | — |
| 2012 | $386M | $155M | $49M | $28M | — |
| 2011 | $275M | $112M | $23M | $13M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $827M | $224M | $603M | — | — |
| 2024 | $870M | $239M | $631M | — | — |
| 2023 | $878M | $233M | $645M | — | — |
| 2022 | $1.00B | $290M | $714M | $236M | — |
| 2021 | $1.05B | $349M | $696M | $382M | — |
| 2020 | $779M | $232M | $547M | $243M | — |
| 2019 | $709M | $214M | $495M | $233M | — |
| 2018 | $566M | $157M | $410M | $215M | — |
| 2017 | $460M | $145M | $315M | $221M | — |
| 2016 | $394M | $135M | $259M | $187M | — |
| 2015 | $321M | $132M | $189M | $96M | — |
| 2014 | $234M | $117M | $117M | $149M | — |
| 2013 | $167M | $105M | $62M | $101M | — |
| 2012 | $90M | $68M | $22M | $3M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $67M | $8M | $59M |
| 2024 | $22M | $8M | $14M |
| 2023 | -$72M | $9M | -$82M |
| 2022 | $14M | $12M | $2M |
| 2021 | $256M | $7M | $249M |
| 2020 | $38M | $7M | $31M |
| 2019 | $25M | $9M | $16M |
| 2018 | $117M | $8M | $109M |
| 2017 | $67M | $7M | $60M |
| 2016 | $74M | $9M | $65M |
| 2013 | $97M | $5M | $92M |
| 2012 | $35M | $5M | $31M |
| 2011 | $18M | $3M | $15M |

Source: [CompaniesByCap](https://companiesbycap.com/company/MMI)