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MMI · NYSE · United States · Real Estate Agents & Managers (For Others)
In shortMarcus & Millichap, Inc. is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -1.8% | 11/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -0.3% | 19/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -0.3% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.55× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -17.74× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.82 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.8% | 51/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 46.8% | 0/100 |
| Operating margin volatility | 10.2% | 16/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -16.6% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,296 | 1,302 | 646 | 696 | 755 |
| Selling, general & admin | 255 | 300 | 285 | 281 | 286 |
| Operating income | 189 | 137 | (59) | (33) | (14) |
| Interest expense | 0.6 | 0.7 | 0.9 | 0.8 | 0.8 |
| Pre-tax income | 193 | 142 | (40) | (13) | 3 |
| Income tax | 51 | 38 | (6.4) | (0.7) | 4.9 |
| Net income | 142 | 104 | (34) | (12) | (1.9) |
| Diluted EPS | $3.55 | $2.59 | −$0.88 | −$0.32 | −$0.05 |
| Diluted shares (millions) | 40 | 40 | 39 | 39 | 39 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
5.82 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026