MMI vs BGC

For growth investors, BGC Group, Inc (BGC) is the stronger pick with 27.

6% revenue growth year-over-year, versus 8. 5% for Marcus & Millichap, Inc. (MMI). BGC Group, Inc (BGC) offers the better valuation at 35. 8x trailing P/E (7. 8x forward), making it the more compelling value choice. Analysts rate BGC Group, Inc (BGC) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, BGC Group, Inc is actually cheaper at 7.

8x.

Over the past 5 years, BGC Group, Inc (BGC) delivered a total return of +108.

0%, compared to -11. 2% for Marcus & Millichap, Inc. (MMI). Over 10 years, the gap is even starker: BGC returned +130. 0% versus MMI's +29. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), BGC Group, Inc (BGC) is the lower-risk stock at 0.

78β versus Marcus & Millichap, Inc. 's 1. 03β — meaning MMI is approximately 32% more volatile than BGC relative to the S&P 500. On balance sheet safety, Marcus & Millichap, Inc. (MMI) carries a lower debt/equity ratio of 13% versus 155% for BGC Group, Inc — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), BGC Group, Inc (BGC) is pulling ahead at 27.

6% versus 8. 5% for Marcus & Millichap, Inc. (MMI). On earnings-per-share growth, the picture is similar: Marcus & Millichap, Inc. grew EPS 84. 7% year-over-year, compared to 24. 0% for BGC Group, Inc. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

BGC Group, Inc (BGC) is the more profitable company, earning 5.

5% net margin versus -0. 3% for Marcus & Millichap, Inc. — meaning it keeps 5. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BGC leads at 16. 8% versus -1. 8% for MMI. At the gross margin level — before operating expenses — BGC leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, BGC Group, Inc (BGC) trades at 7.

8x forward P/E versus 58. 5x for Marcus & Millichap, Inc. — 50. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BGC: 3. 6% to $11. 50.

In this comparison, MMI (1.

8% yield) pays a dividend. BGC does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Marcus & Millichap, Inc.

(MMI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 03), 1. 8% yield). Both have compounded well over 10 years (MMI: +29. 8%, BGC: +130. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (MMI (Real Estate) and BGC (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: MMI is a small-cap quality compounder stock; BGC is a small-cap high-growth stock. MMI pays a dividend while BGC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.