Marcus & Millichap, Inc. MMI
Marcus & Millichap, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $755.2M | $696.1M | $645.9M | $1.3B | $1.3B | $716.9M | $806.4M | $814.8M | $719.7M | $717.5M |
| SG&A expense | $286.3M | $280.9M | $285.0M | $300.0M | $255.2M | $204.5M | $203.1M | $193.3M | $171.6M | $161.8M |
| Operating income | -$13.7M | -$32.9M | -$59.4M | $137.4M | $189.4M | $53.6M | $96.4M | $112.3M | $96.1M | $106.5M |
| Interest expense | — | — | $888,000 | $708,000 | $580,000 | $900,000 | $1.4M | $1.4M | $1.5M | $1.5M |
| Income tax | $4.9M | -$666,000 | -$6.4M | $37.8M | $50.8M | $16.5M | $30.6M | $30.0M | $47.7M | $42.4M |
| Net income | -$1.9M | -$12.4M | -$34.0M | $104.2M | $142.5M | $42.8M | $76.9M | $87.3M | $51.5M | $64.7M |
| EPS (diluted) | $-0.05 | $-0.32 | $-0.88 | $2.59 | $3.55 | $1.08 | $1.95 | $2.22 | $1.32 | $1.66 |
| Operating cash flow | $66.7M | $21.7M | -$72.4M | $13.6M | $255.9M | $38.1M | $25.3M | $117.3M | $66.5M | $74.5M |
| Free cash flow | $58.8M | $13.8M | -$81.8M | $2.0M | $249.0M | $31.1M | $16.5M | $109.2M | $60.0M | $65.0M |
| Cash & equivalents | — | — | — | $235.9M | $382.1M | $243.2M | $232.7M | $214.7M | $220.8M | $187.4M |
| Total assets | $827.2M | $869.8M | $878.4M | $1.0B | $1.0B | $779.1M | $709.0M | $566.4M | $459.7M | $394.0M |
| Total liabilities | $224.1M | $239.0M | $233.1M | $290.2M | $348.9M | $232.3M | $214.1M | $156.8M | $144.8M | $135.2M |
| Shareholders' equity | $603.1M | $630.8M | $645.3M | $713.5M | $696.3M | $546.8M | $494.9M | $409.6M | $314.9M | $258.9M |
Growth · year-over-year · Revenue CAGR 0.6%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +8.5% | +7.8% | -50.4% | +0.4% | +80.8% | -11.1% | -1.0% | +13.2% | +0.3% | +4.1% |
| Net income growth | — | — | -132.7% | -26.8% | +232.6% | -44.3% | -11.8% | +69.4% | -20.3% | -2.6% |
| EPS growth | — | — | -134.0% | -27.0% | +228.7% | -44.6% | -12.2% | +68.2% | -20.5% | -1.8% |
| Free cash flow growth | +324.7% | — | -4267.1% | -99.2% | +699.7% | +89.0% | -84.9% | +82.1% | -7.7% | -0.5% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.