MMI
Marcus & Millichap, Inc.
Real Estate - Services
Market Cap$1.09B
5Y Perf.+4.0%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
MMI vs NMRK
Revenue, margins, valuation, and 5-year total return — side by side.
NMRK
Newmark Group, Inc.
Real Estate - Services
Market Cap$3.01B
5Y Perf.+284.2%
MMI vs NMRK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | MMI | NMRK |
|---|---|---|
| Industry | Real Estate - Services | Real Estate - Services |
| Market Cap | $1.09B | $3.01B |
| Revenue (TTM) | $755M | $3.29B |
| Net Income (TTM) | $-2M | $126M |
| Gross Margin | 37.7% | 98.6% |
| Operating Margin | -1.8% | 7.1% |
| Forward P/E | 58.5x | 8.7x |
| Total Debt | $78M | $2.00B |
| Cash & Equiv. | $162M | $349M |
MMI vs NMRK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
MMI
NMRK
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Marcus & Millichap,… (MMI) | 100 | 104.0 | +4.0% |
| Newmark Group, Inc. (NMRK) | 100 | 384.2 | +284.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MMI vs NMRK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: NMRK leads in 5 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Marcus & Millichap, Inc. is the stronger pick specifically for capital preservation and lower volatility and dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
MMI
Marcus & Millichap, Inc.
The Real Estate Income Play
MMI is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 2 yrs, beta 1.03, yield 1.8%
- 29.8% 10Y total return vs NMRK's 26.5%
- Lower volatility, beta 1.03, Low D/E 13.0%, current ratio 2.55x
Best for: income & stability and long-term compounding
NMRK
Newmark Group, Inc.
The Real Estate Income Play
NMRK carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 21.9%, EPS growth 100.0%, 3Y rev CAGR 7.2%
- 21.9% FFO/revenue growth vs MMI's 8.5%
- Lower P/E (8.7x vs 58.5x)
Best for: growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | NMRK | 21.9% FFO/revenue growth vs MMI's 8.5% |
| Value | NMRK | Lower P/E (8.7x vs 58.5x) |
| Quality / Margins | NMRK | 3.8% margin vs MMI's -0.3% |
| Stability / Safety | MMI | Beta 1.03 vs NMRK's 1.58, lower leverage |
| Dividends | MMI | 1.8% yield, 2-year raise streak, vs NMRK's 0.5% |
| Momentum (1Y) | NMRK | +47.9% vs MMI's -3.9% |
| Efficiency (ROA) | NMRK | 2.4% ROA vs MMI's -0.2%, ROIC 5.2% vs -1.9% |
MMI vs NMRK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2025
MMI vs NMRK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLMMILAGGINGNMRK
NMRKNewmark Group, Inc.
3leads
MMIMarcus & Millichap, I…
3leads
6 Total Categories
CATEGORYLEADERvs NMRKMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
NMRK5/6
Valuation MetricsMultiples, price ratios, and targets
MMI3/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
NMRK6/9
Total Returns1Y, 3Y, 5Y total returns with dividends
NMRK4/6
Risk & VolatilityBeta, volatility, and downside exposure
MMI2/2
Analyst OutlookRatings, price targets, and dividends
MMI2/2
Income & Cash Flow (Last 12 Months)
NMRK leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NMRK is the larger business by revenue, generating $3.3B annually — 4.4x MMI's $755M. Profitability is closely matched — net margins range from 3.8% (NMRK) to -0.3% (MMI). On growth, NMRK holds the edge at +15.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | MMIMarcus & Millicha… | NMRKNewmark Group, In… |
|---|---|---|
| RevenueTrailing 12 months | $755M | $3.3B |
| EBITDAEarnings before interest/tax | -$2M | $415M |
| Net IncomeAfter-tax profit | -$2M | $126M |
| Free Cash FlowCash after capex | $59M | $155M |
| Gross MarginGross profit ÷ Revenue | +37.7% | +98.6% |
| Operating MarginEBIT ÷ Revenue | -1.8% | +7.1% |
| Net MarginNet income ÷ Revenue | -0.3% | +3.8% |
| FCF MarginFCF ÷ Revenue | +7.8% | +4.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.6% | +15.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +54.5% | +146.7% |
NMRK leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
MMI leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
| Metric | MMIMarcus & Millicha… | NMRKNewmark Group, In… |
|---|---|---|
| Market CapShares × price | $1.1B | $3.0B |
| Enterprise ValueMkt cap + debt − cash | $1.0B | $4.7B |
| Trailing P/EPrice ÷ TTM EPS | -585.10x | 24.01x |
| Forward P/EPrice ÷ next-FY EPS est. | 58.51x | 8.65x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.04x |
| EV / EBITDAEnterprise value multiple | — | 11.23x |
| Price / SalesMarket cap ÷ Revenue | 1.45x | 0.90x |
| Price / BookPrice ÷ Book value/share | 1.85x | 2.36x |
| Price / FCFMarket cap ÷ FCF | 18.57x | 21.12x |
MMI leads this category, winning 3 of 5 comparable metrics.
Profitability & Efficiency
NMRK leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
NMRK delivers a 7.8% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $-0 for MMI. MMI carries lower financial leverage with a 0.13x debt-to-equity ratio, signaling a more conservative balance sheet compared to NMRK's 1.14x. On the Piotroski fundamental quality scale (0–9), NMRK scores 7/9 vs MMI's 5/9, reflecting strong financial health.
| Metric | MMIMarcus & Millicha… | NMRKNewmark Group, In… |
|---|---|---|
| ROE (TTM)Return on equity | -0.3% | +7.8% |
| ROA (TTM)Return on assets | -0.2% | +2.4% |
| ROICReturn on invested capital | -1.9% | +5.2% |
| ROCEReturn on capital employed | -1.9% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.13x | 1.14x |
| Net DebtTotal debt minus cash | -$84M | $1.7B |
| Cash & Equiv.Liquid assets | $162M | $349M |
| Total DebtShort + long-term debt | $78M | $2.0B |
| Interest CoverageEBIT ÷ Interest expense | 4.91x | 7.20x |
NMRK leads this category, winning 6 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
NMRK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NMRK five years ago would be worth $15,587 today (with dividends reinvested), compared to $8,879 for MMI. Over the past 12 months, NMRK leads with a +47.9% total return vs MMI's -3.9%. The 3-year compound annual growth rate (CAGR) favors NMRK at 41.8% vs MMI's -1.2% — a key indicator of consistent wealth creation.
| Metric | MMIMarcus & Millicha… | NMRKNewmark Group, In… |
|---|---|---|
| YTD ReturnYear-to-date | +7.2% | -3.6% |
| 1-Year ReturnPast 12 months | -3.9% | +47.9% |
| 3-Year ReturnCumulative with dividends | -3.5% | +185.3% |
| 5-Year ReturnCumulative with dividends | -11.2% | +55.9% |
| 10-Year ReturnCumulative with dividends | +29.8% | +26.5% |
| CAGR (3Y)Annualised 3-year return | -1.2% | +41.8% |
NMRK leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
MMI leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MMI is the less volatile stock with a 1.03 beta — it tends to amplify market swings less than NMRK's 1.58 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | MMIMarcus & Millicha… | NMRKNewmark Group, In… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.03x | 1.58x |
| 52-Week HighHighest price in past year | $33.62 | $19.84 |
| 52-Week LowLowest price in past year | $24.43 | $10.20 |
| % of 52W HighCurrent price vs 52-week peak | +85.3% | +82.3% |
| RSI (14)Momentum oscillator 0–100 | 51.7 | 49.1 |
| Avg Volume (50D)Average daily shares traded | 230K | 1.6M |
MMI leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
MMI leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates MMI as "Hold" and NMRK as "Buy". Consensus price targets imply 28.6% upside for NMRK (target: $21) vs -9.3% for MMI (target: $26). For income investors, MMI offers the higher dividend yield at 1.84% vs NMRK's 0.52%.
| Metric | MMIMarcus & Millicha… | NMRKNewmark Group, In… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $26.00 | $21.00 |
| # AnalystsCovering analysts | 4 | 11 |
| Dividend YieldAnnual dividend ÷ price | +1.8% | +0.5% |
| Dividend StreakConsecutive years of raises | 2 | 0 |
| Dividend / ShareAnnual DPS | $0.53 | $0.09 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.3% | +4.2% |
MMI leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
NMRK leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MMI leads in 3 (Valuation Metrics, Risk & Volatility).
Best OverallMarcus & Millichap, Inc. (MMI)Leads 3 of 6 categories
Loading custom metrics...
MMI vs NMRK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MMI or NMRK a better buy right now?
For growth investors, Newmark Group, Inc.
(NMRK) is the stronger pick with 21. 9% revenue growth year-over-year, versus 8. 5% for Marcus & Millichap, Inc. (MMI). Newmark Group, Inc. (NMRK) offers the better valuation at 24. 0x trailing P/E (8. 7x forward), making it the more compelling value choice. Analysts rate Newmark Group, Inc. (NMRK) a "Buy" — based on 11 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.
02Which has the better valuation — MMI or NMRK?
On forward P/E, Newmark Group, Inc.
is actually cheaper at 8. 7x.
03Which is the better long-term investment — MMI or NMRK?
Over the past 5 years, Newmark Group, Inc.
(NMRK) delivered a total return of +55. 9%, compared to -11. 2% for Marcus & Millichap, Inc. (MMI). Over 10 years, the gap is even starker: MMI returned +29. 8% versus NMRK's +26. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MMI or NMRK?
By beta (market sensitivity over 5 years), Marcus & Millichap, Inc.
(MMI) is the lower-risk stock at 1. 03β versus Newmark Group, Inc. 's 1. 58β — meaning NMRK is approximately 54% more volatile than MMI relative to the S&P 500. On balance sheet safety, Marcus & Millichap, Inc. (MMI) carries a lower debt/equity ratio of 13% versus 114% for Newmark Group, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MMI or NMRK?
By revenue growth (latest reported year), Newmark Group, Inc.
(NMRK) is pulling ahead at 21. 9% versus 8. 5% for Marcus & Millichap, Inc. (MMI). On earnings-per-share growth, the picture is similar: Newmark Group, Inc. grew EPS 100. 0% year-over-year, compared to 84. 7% for Marcus & Millichap, Inc.. Over a 3-year CAGR, NMRK leads at 7. 2% annualised revenue growth. 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.
06Which has better profit margins — MMI or NMRK?
Newmark Group, Inc.
(NMRK) is the more profitable company, earning 3. 8% net margin versus -0. 3% for Marcus & Millichap, Inc. — meaning it keeps 3. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NMRK leads at 7. 0% versus -1. 8% for MMI. At the gross margin level — before operating expenses — NMRK leads at 94. 6%, 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.
07Is MMI or NMRK more undervalued right now?
On forward earnings alone, Newmark Group, Inc.
(NMRK) trades at 8. 7x forward P/E versus 58. 5x for Marcus & Millichap, Inc. — 49. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NMRK: 28. 6% to $21. 00.
08Which pays a better dividend — MMI or NMRK?
All stocks in this comparison pay dividends.
Marcus & Millichap, Inc. (MMI) offers the highest yield at 1. 8%, versus 0. 5% for Newmark Group, Inc. (NMRK).
09Is MMI or NMRK better for a retirement portfolio?
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). Newmark Group, Inc. (NMRK) carries a higher beta of 1. 58 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MMI: +29. 8%, NMRK: +26. 5%), 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.
10What are the main differences between MMI and NMRK?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MMI is a small-cap quality compounder stock; NMRK is a small-cap high-growth stock. 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(MMI: 1.6% · NMRK: 15.3%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.